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Presentation of Quarterly National Accounts and International Accounts Quarter 1 2025 - June 2025

Автор: CSO Ireland

Загружено: 2025-06-05

Просмотров: 106

Описание: Gross Domestic Product grew by 9.7% in Q1 2025, while Modified Domestic Demand increased by 0.8%.

Summary Results
Assistant Director General with responsibility for National Accounts & Price Statistics, Chris Sibley, said: "In today’s results, Gross Domestic Product (GDP) is estimated to have grown by 9.7% in January, February, and March (Q1) 2025 driven by significant growth in exports of goods.

The globalised Industry sector expanded by 17.1% in Q1 2025 compared with Q4 2024 while the Information & Communication sector posted an increase of 3.8% over the same period. Overall, the multinational-dominated sector rose by 12.4% in the quarter.

There was continued growth in the domestic economy in Q1 2025 with Modified Domestic Demand (MDD) growing by 0.8% in the quarter. This was reflected in personal spending increasing by 0.6% and growth in wages of 0.9% over the same period.”

CSO Website
Detailed analysis of the results can be found on the CSO website -
https://www.cso.ie/en/csolatestnews/p...

Contact
Please direct any queries to: [email protected] or [email protected]

#CSOIreland #Ireland #NationalAccounts #BalanceofPayments #Economy #GovernmentFinances #GovernmentExpenditure

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Presentation of Quarterly National Accounts and International Accounts Quarter 1 2025 - June 2025

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