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Ireland GDP Growth Rate (QoQ)

Ireland's Quarter-over-Quarter GDP growth rate decreased to 0.2% in Q2 2025 from 7.5% in Q1 2025. This slowdown is the lowest growth rate since Q4 2023. The deceleration resulted from the unwinding of export front-loading by multinational firms and a significant drop in investment particularly in intangible assets. The output of multinational firms also shrank in Q2. Ireland's record low GDP growth rate was -4.8% in Q4 2008 and record high was 21.5% in Q1 2015.

Quarterly Historical Data (1995-2025)

(in %)
Quarter GDP Growth Rate (QoQ)
Q2 2025 0.2%
Q1 2025 7.5%
Q4 2024 4.5%
Q3 2024 4.6%
Q2 2024 0.8%
Q1 2024 1.6%
Q4 2023 -2.4%
Q3 2023 -2.9%
Q2 2023 0.9%
Q1 2023 -1.7%
Q4 2022 -1.3%
Q3 2022 1.7%
Q2 2022 2.9%
Q1 2022 3.9%
Q4 2021 -1.8%
Q3 2021 2.8%
Q2 2021 2.8%
Q1 2021 9.7%
Q4 2020 -2.6%
Q3 2020 11.7%
Q2 2020 -4.3%
Q1 2020 3.3%
Q4 2019 1.4%
Q3 2019 2.1%
Q2 2019 1.8%
Q1 2019 0.9%
Q4 2018 0.7%
Q3 2018 1.3%
Q2 2018 -0.3%
Q1 2018 1.7%
Q4 2017 3.6%
Q3 2017 5.5%
Q2 2017 0.3%
Q1 2017 -0.7%
Q4 2016 9.4%
Q3 2016 0.6%
Q2 2016 -0.6%
Q1 2016 -3.5%
Q4 2015 1%
Q3 2015 3.3%
Q2 2015 -2.9%
Q1 2015 21.5%
Q4 2014 0.1%
Q3 2014 0.8%
Q2 2014 2.9%
Q1 2014 4.4%
Q4 2013 -1.3%
Q3 2013 3%
Q2 2013 2.5%
Q1 2013 -1%
Q4 2012 0.1%
Q3 2012 -1.9%
Q2 2012 2.9%
Q1 2012 -1.1%
Q4 2011 0.2%
Q3 2011 -1.5%
Q2 2011 1.6%
Q1 2011 0.5%
Q4 2010 -0.3%
Q3 2010 0.8%
Q2 2010 0%
Q1 2010 2.8%
Q4 2009 -2.4%
Q3 2009 -0.3%
Q2 2009 -0.4%
Q1 2009 -0.2%
Q4 2008 -4.8%
Q3 2008 -0.2%
Q2 2008 -2.1%
Q1 2008 -2.9%
Q4 2007 3.8%
Q3 2007 -2.3%
Q2 2007 -1%
Q1 2007 5%
Q4 2006 0.8%
Q3 2006 1%
Q2 2006 0.7%
Q1 2006 1.1%
Q4 2005 3.8%
Q3 2005 -1.3%
Q2 2005 2.6%
Q1 2005 1.2%
Q4 2004 3.1%
Q3 2004 -1.1%
Q2 2004 2.9%
Q1 2004 -0.8%
Q4 2003 5.8%
Q3 2003 0.4%
Q2 2003 0.9%
Q1 2003 -0.7%
Q4 2002 1.7%
Q3 2002 1.8%
Q2 2002 1.4%
Q1 2002 1.5%
Q4 2001 2%
Q3 2001 -0.4%
Q2 2001 1.9%
Q1 2001 1.6%
Q4 2000 0.6%
Q3 2000 2.1%
Q2 2000 2.7%
Q1 2000 1.1%
Q4 1999 2.2%
Q3 1999 3.9%
Q2 1999 0.7%
Q1 1999 6.3%
Q4 1998 -2.5%
Q3 1998 3.7%
Q2 1998 2%
Q1 1998 3%
Q4 1997 1.9%
Q3 1997 1.3%
Q2 1997 3.7%
Q1 1997 5.2%
Q4 1996 1.4%
Q3 1996 -0.9%
Q2 1996 1.4%
Q1 1996 4.1%
Q4 1995 1.6%
Q3 1995 0.8%
Q2 1995 1.2%

Recent Events

datetime event actual previous consensus
2025-09-04 06:00 AM GDP Growth Rate QoQ Final (Q2) 0.2% 7.5% -1%

Next Release Date :

Ireland GDP Growth Rate (QoQ) : Definition
Ireland's quarter-over-quarter GDP growth rate measures the percentage change in the total value of goods and services produced in the Irish economy compared to the previous quarter. It is calculated using data from the Central Statistics Office, comparing the current quarter's Gross Domestic Product value to that of the preceding quarter.
Indicator Last Value Prior Value Period
GDP $577.39B $551.39B 2024
GDP Annual Growth Rate 1.22% -5.53% 2024
GDP Growth Rate (YoY) 17.1% 20% Jun'25
GDP per Capita $91,514.33 $91,647.77 2024
GDP per Capita PPP $115,337.2 $115,505.3 2024
R&D Expenditure (% GDP) 0.96% 1.11% 2022
Real GDP $492.37B $486.43B 2024