Ireland

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

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