Ireland

Ireland

Economic forecasts March 2024

Ireland

            2023 2024 2025
Real GDP  (average yearly change, in %) -3.2 2.5 4.5
Inflation (average yearly change, harmonised CPI, in %) 5.2 2.3 2.1
Unemployment rate (Covid-19-adjusted national definition, in % of the labour force, end of year) 4.5 4.8 4.7
Government budget balance (in % of GDP) 1.7 1.8 1.8
Gross public debt (in % of GDP) 42.7 39.0 35.7
Current account balance (in % of GDP) 7.8 7.2 7.1
House prices (Eurostat definition, average yearly change in %, existing and new dwellings) 2.5 3.0 4.0
            21/3/2024

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