Ireland

Economic forecasts March 2023

Ireland
	2022	2023	2024
Real GDP (average yearly change, in %)	12.2	5.3	5.1
Inflation (average yearly change, harmonised CPI, in %)	8.0	6.3	2.8
Unemployment rate (Covid-19-adjusted national definition, in % of the labour force, end of year)	4.7	5.1	4.8
Government budget balance (in % of GDP)	0.4	0.5	0.7
Gross public debt (in % of GDP)	47.0	42.8	39.2
Current account balance (in % of GDP)	12.2	9.8	9.5
House prices (Eurostat definition, average yearly change in %, existing and new dwellings)	12.4	3.5	3.0
		3/14/2023