GDP grew by 8% in 2025, figures show
GDP grew by 8% in 2025, driven by multinational-dominated sectors, according to figures released by the Central Statistics Office (CSO).
The CSO also found that Modified Gross National Income (GNI) grew by 4.7%, which is a key globalised measure of Ireland’s economic performance. Modified Domestic Demand (MDD), a measure of underlying domestic activity covering personal, government and investment spending, also rose by 4.7%.
Multinational-dominated sectors increased by 14.5% in 2025, with domestic-dominated sectors growing by 2.2%.
When it came to exports, it grew by 7.5% in 2025, which was driven by an increase in goods exports of 15.4%. Although total imports grew by 9.6%.
A Current Account surplus of €48.3 billion was recorded in 2025, while the Current Account balance, which excludes globalisation effects, recorded a surplus of €24.3 billion.
Chris Sibley, of the CSO, said: "In the Annual National Accounts results, Gross Domestic Product (GDP) has expanded by 8.0% in 2025.
“The globalised Industry sector expanded by 11.9% in 2025 when compared with 2024, while the Information & Communication sector grew by 14.8% in the year. Overall, the multinational-dominated sector expanded by 14.5% in 2025 and accounted for 50.4% of total value added in the economy.
“There were higher levels of economic activity for most sectors focused on the domestic market in 2025, including the Construction sector, which expanded by 7.2%, Real Estate Activities, which increased by 4.9%, and Agriculture, Forestry & Fishing, which grew by 3.6%. The only domestic-dominated sector not to post growth was Financial & Insurance Activities, which was flat in the year.
“Looking at expenditure in the economy, personal spending on goods and services (the PCE indicator) rose by 2.6% in 2025, while Government spending on goods and services increased by 3.2% in the year. Export growth of 7.5% was recorded while imports grew by 9.6%, which meant net exports increased by 2.2%. Capital investment increased by 31.5%, reflecting higher levels of investment in Intangible Assets.”