{"id":247936,"date":"2025-07-08T12:04:09","date_gmt":"2025-07-08T12:04:09","guid":{"rendered":"https:\/\/www.europesays.com\/uk\/247936\/"},"modified":"2025-07-08T12:04:09","modified_gmt":"2025-07-08T12:04:09","slug":"irish-economy-grew-by-4-8-in-2024","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/uk\/247936\/","title":{"rendered":"Irish economy grew by 4.8% in 2024"},"content":{"rendered":"<p>Ireland&#8217;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.<\/p>\n<p>The figure, which excludes the effect of multinationals, compares to growth of 5% a year earlier.<\/p>\n<p>The figures mean that the economy continued to enjoy robust growth last year.<\/p>\n<p>Personal spending on goods and services, a key measure of domestic activity, increased by 2.9% last year.<\/p>\n<p>The CSO said wages rose by 3% last year with pay in industry up 6%, while wages in public administration rose by 4%.<\/p>\n<p>Total exports grew by 8.6% &#8211; mainly driven by an increase in service exports of 10.9% while total imports rose by 2.7%.<\/p>\n<p>The CSO said Gross Domestic Product, which includes the impact of multinationals, rose 2.6% last year mainly driven by domestic dominated sectors.<\/p>\n<p>The CSO also revised downwards its earlier 9.7% estimate of GDP for the first three months of 2025 to 7.4%.<\/p>\n<p>It said growth in the domestic economy was 2% in the first three months of the year.<\/p>\n<p><img decoding=\"async\" alt=\"infographic of CSO stats on economy\" src=\"https:\/\/www.europesays.com\/uk\/wp-content\/uploads\/2025\/07\/0022d85c-614.jpg\"\/><\/p>\n","protected":false},"excerpt":{"rendered":"Ireland&#8217;s national income, a key measure of economic growth, rose by 4.8% last year according to the latest&hellip;\n","protected":false},"author":2,"featured_media":247937,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3090],"tags":[51,1700,16,15],"class_list":{"0":"post-247936","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-economy","8":"tag-business","9":"tag-economy","10":"tag-uk","11":"tag-united-kingdom"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@uk\/114817523040868722","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/247936","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/comments?post=247936"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/247936\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media\/247937"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media?parent=247936"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/categories?post=247936"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/tags?post=247936"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}