Ireland’s national income, a key measure of economic growth, rose by 4.8% last year according to the latest figures from the Central Statistics Office.
The figure, which excludes the effect of multinationals, compares to growth of 5% a year earlier.
The figures mean that the economy continued to enjoy robust growth last year.
Personal spending on goods and services, a key measure of domestic activity, increased by 2.9% last year.
The CSO said wages rose by 3% last year with pay in industry up 6%, while wages in public administration rose by 4%.
Total exports grew by 8.6% – mainly driven by an increase in service exports of 10.9% while total imports rose by 2.7%.
The CSO said Gross Domestic Product, which includes the impact of multinationals, rose 2.6% last year mainly driven by domestic dominated sectors.
The CSO also revised downwards its earlier 9.7% estimate of GDP for the first three months of 2025 to 7.4%.
It said growth in the domestic economy was 2% in the first three months of the year.
