Ireland

Economic forecasts August 2023

Ireland
	2022	2023	2024
Real GDP (average yearly change, in %)	12.0	5.6	4.8
Inflation (average yearly change, harmonised CPI, in %)	8.1	5.0	3.2
Unemployment rate (Covid-19-adjusted national definition, in % of the labour force, end of year)	4.4	4.4	4.4
Government budget balance (in % of GDP)	1.6	1.3	1.2
Gross public debt (in % of GDP)	44.7	39.9	36.1
Current account balance (in % of GDP)	9.1	8.2	7.5
House prices (Eurostat definition, average yearly change in %, existing and new dwellings)	12.3	2.0	3.0
		08/08/2023