Ireland Q3 GDP Falls More Than First Estimated
2025-12-04 11:36
By
Judith Sib-at
1 min. read
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.