Ireland

Economic forecasts October 2024

Ireland
	2023	2024	2025
Real GDP (average yearly change, in %)	-3.2	-0.9	4.6
Inflation (average yearly change, harmonised CPI, in %)	5.2	1.6	1.9
Unemployment rate (Covid-19-adjusted national definition, in % of the labour force, end of year)	4.5	4.4	4.5
Government budget balance (in % of GDP)	1.3	1.4	1.3
Gross public debt (in % of GDP)	43.3	41.2	38.6
Current account balance (in % of GDP)	9.8	10.4	9.6
House prices (Eurostat definition, average yearly change in %, existing and new dwellings)	3.1	3.0	4.0
		18/10/2024