Irland Bip-Wachstum

Ireland’s economy expanded by 3.6% quarter-on-quarter quarter in the three months to December 2024, defying initial estimates and forecasts of a 1.3% contraction, following a revised 4.1% growth in the previous three-month period. On the production side, activity rose mainly in industry (1.2%), information & communication (7.8%), and distribution, transport, hotels & restaurants (1.1%). On the expenditure side, personal consumption of goods and services went up (1.6%). On net demand, exports increased (5%) while imports dropped (-1.9%). However, government expenditure (-0.1%) and investment (-8.6%) declined. On an annual basis, GDP grew by 9.2% in the fourth quarter, compared to preliminary estimates and expectations of a 6.3% rise, after a revised 3.2% advance in the prior quarter.