Ireland GDP Growth Rate

Last Release

Sep 30, 2025

Actual

-0.1

Units In

-1

Frequency

Quarterly

Next Release

N/A

Time to Release

N/A

Highest	Lowest	Average	Date Range	Source
23.4 Mar 2015	-5.4 Dec 2021	1.36 %	1995-2025	Central Statistics Office Ireland

Irish economy is based on foreign trade, industry and investment. The country is major high-tech manufacturer and is one of the world’s biggest exporters of pharmaceuticals and software. On the expenditure side, household consumption is the main component of GDP and accounts for 44 percent, followed by gross fixed capital formation (19 percent) and government expenditure (17 percent). Net exports adds 19 percent to total GDP as exports account for 114 percent while imports for 95 percent.

Latest Updates

Ireland’s gross domestic product contracted by 0.1% quarter-on-quarter in the three months to September 2025, following a 0.2% expansion in the previous period, according to preliminary estimates. This marks the first economic decline since the fourth quarter of 2023, largely reflecting a downturn in the multinational-dominated industrial sector. On an annual basis, the economy grew by 10.5%, easing from a 17.1% expansion recorded in the previous quarter.