Ireland’s GDP fell by 3.8% quarter-on-quarter in the final quarter of 2025, worse than the initial estimate of a 0.6% drop, after showing no growth in the previous period. This marked the sharpest contraction since the second quarter of 2020, weighed down by a 2.6% drop in the multinational-dominated sector, led by industry excluding construction, which fell 3.6%. On the expenditure side, growth in household consumption picked up (0.9% vs 0.4% in Q3) but slowed in government spending (0.3% vs 1.5%). Fixed investments declined by 4.6%, reversing a 13.4% increase in the third quarter. In trade, exports dropped (-3.4% vs 2.4%) more than imports (-1.3% vs 10.4%), resulting in a 9.0% fall in net exports. On a yearly basis, GDP rose by 2.2%, slowing sharply from an upwardly revised 11.2% increase in the prior quarter and marking the weakest pace of growth since a contraction in the second quarter of 2024. In 2025, Ireland’s economy expanded by 12.3%, accelerating from a 2.6% growth in 2024. source: Central Statistics Office Ireland

The Gross Domestic Product (GDP) in Ireland contracted 3.80 percent in the fourth quarter of 2025 over the previous quarter. GDP Growth Rate in Ireland averaged 1.44 percent from 1995 until 2025, reaching an all time high of 22.80 percent in the first quarter of 2015 and a record low of -4.80 percent in the fourth quarter of 2008. This page provides - Ireland GDP Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Ireland GDP Growth Rate - data, historical chart, forecasts and calendar of releases - was last updated on March of 2026.

The Gross Domestic Product (GDP) in Ireland contracted 3.80 percent in the fourth quarter of 2025 over the previous quarter. GDP Growth Rate in Ireland is expected to be 0.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Ireland GDP Growth Rate is projected to trend around 0.60 percent in 2027 and 0.50 percent in 2028, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-01-29 11:00 AM
QoQ Prel
Q4 -0.6% -0.3% 0.6%
2026-03-05 11:00 AM
QoQ Final
Q4 -3.8% 0% -0.6% -0.6%
2026-04-29 10:00 AM
QoQ Prel
Q1 -3.8% 0.5%


Related Last Previous Unit Reference
GDP Growth Rate YoY 2.20 11.20 percent Dec 2025
GDP Constant Prices 146732.00 152577.00 EUR Million Dec 2025
GDP from Agriculture 1212.00 1167.00 EUR Million Dec 2025
GDP from Construction 3617.00 3728.00 EUR Million Dec 2025
GDP from Manufacturing 49420.00 51154.00 EUR Million Dec 2025
GDP from Public Administration 12183.00 12171.00 EUR Million Dec 2025
GDP from Transport 13609.00 13116.00 EUR Million Dec 2025
GDP Growth Rate -3.80 0.00 percent Dec 2025
Gross Fixed Capital Formation 30096.00 31535.00 EUR Million Dec 2025
GNP 109663.00 105925.00 EUR Million Dec 2025


Ireland GDP Growth Rate
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.
Actual Previous Highest Lowest Dates Unit Frequency
-3.80 0.00 22.80 -4.80 1995 - 2025 percent Quarterly
SA

News Stream
Ireland GDP Shrinks at Fastest Pace Since 2020
Ireland’s GDP fell by 3.8% quarter-on-quarter in the final quarter of 2025, worse than the initial estimate of a 0.6% drop, after showing no growth in the previous period. This marked the sharpest contraction since the second quarter of 2020, weighed down by a 2.6% drop in the multinational-dominated sector, led by industry excluding construction, which fell 3.6%. On the expenditure side, growth in household consumption picked up (0.9% vs 0.4% in Q3) but slowed in government spending (0.3% vs 1.5%). Fixed investments declined by 4.6%, reversing a 13.4% increase in the third quarter. In trade, exports dropped (-3.4% vs 2.4%) more than imports (-1.3% vs 10.4%), resulting in a 9.0% fall in net exports. On a yearly basis, GDP rose by 2.2%, slowing sharply from an upwardly revised 11.2% increase in the prior quarter and marking the weakest pace of growth since a contraction in the second quarter of 2024. In 2025, Ireland’s economy expanded by 12.3%, accelerating from a 2.6% growth in 2024.
2026-03-05
Irish GDP Contracted 0.6% in Q4
Ireland’s gross domestic product fell by 0.6% quarter-on-quarter in the three months to December 2025, following a 0.3% decline in the previous quarter, according to preliminary estimates. This marks the second consecutive period of economic contraction, largely driven by a downturn in the multinational-dominated industrial sector. On an annual basis, the economy expanded by 3.7%, a significant slowdown from the 10.8% growth recorded in the previous quarter, and the weakest annual increase since the economic contraction in the second quarter of 2024.
2026-01-29
Ireland Q3 GDP Falls More Than First Estimated
Ireland’s gross domestic product contracted by 0.3% quarter-on-quarter in the three months to September 2025, more than the initial estimate of 0.1%, following a revised 0.3% rise in the previous period. This marked the first economic downturn since the fourth quarter of 2023. The multinational-dominated sector grew more modestly by 1.1%, while domestic sectors fell by 0.1%. Within the domestic economy, the globalized industry sector shrank by 0.7%. On the expenditure side, personal spending inched up 0.1%, government expenditure rose 2.1%, and gross fixed capital formation climbed 12.5%. However, on the trade front, exports increased only 2.1%, compared to the 10.4% rise in imports. As a result, net exports decreased 14.6%. Meanwhile, GNP increased 0.8%, slowing sharply from a 15.3% growth in the prior quarter.
2025-12-04