Early estimates from the Central Statistics Office (CSO) indicate that Gross Domestic Product (GDP) decreased by an estimated 1% in the second quarter (Q2) of this year,, when compared with Q1.
The result was mainly driven by a fall in the multinational-dominated industry sector in Q2 2025.
Using the early estimate for Q2 2025, GDP is estimated to have expanded by 12.5% when compared with the same quarter in 2024.
Statistician Enda Behan said that the annual increase reflected “continued strong multinational growth in 2025”.
These preliminary results are subject to revisions in the CSO Quarterly National Accounts Q2 2025 release, which will be published in early September 2025.
The results will be further updated following the release of the Annual National Accounts for 2025.