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Macro - Country Economic Forecasts - Ireland

Publisher Oxford Economics
Published Jan 12, 2026
Length 8 Pages
SKU # OFE20872860

Description

We forecast Irish GDP will contract by 0.6% in 2026, after projected growth of 13.3% in 2025. GDP has held up well in recent quarters, including in Q3 2025, following a surge around the start of the year. Our forecast anticipates only a modest decline in the coming quarters, although this will still result in a negative carry-over effect into 2026, which largely explains this year's GDP contraction. We anticipate GDP growth of 1.9% in 2027.

Table of Contents

8 Pages
Ireland: Underlying growth set to moderate in 2026
Forecast overview
Recent developments
Short-term outlook
Key drivers of our short-term forecast
Economic risk
Economic risk evaluation
Risk warnings
What to watch out for
Exposure to key global risks
Long-term prospects
Alternative scenarios
Background
Economic development
Structure of the economy
Balance of payments and structure of trade
Policy
Politics

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