Irish Current Account Surplus Narrows in Q1

The current account surplus in Ireland narrowed to EUR 6.6 billion in the first quarter of 2025 from EUR 14.9 billion in the corresponding period of 2024.

The services account posted a deficit of EUR 0.4 billion, switching from a EUR 9.3 billion surplus.

Also, the primary income gap widened to EUR 66.2 billion from EUR 32 billion and the secondary income shortfall was little changed at EUR 1 billion.

Meanwhile, the goods surplus widened to EUR 74.2 billion from EUR 38.8 billion.