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Economic

Ireland's economy to grow at 3% in 2026 despite risks

Ireland is expected to grow at 3% in 2026, ranking among Europe's top performers despite global risks, with strong demand, employment, and infrastructure investment driving growth.

KPMG forecasts Ireland's GDP growth at 3% and Modified Domestic Demand growth at 2.5% in 2026, powered by strong demand, employment, and government investment. The economy will remain resilient despite global headwinds and shifting trade patterns. Ireland faces challenges such as infrastructure bottlenecks and wage growth erosion due to high prices for essentials like food and clothing. The government is urged to broaden trade relationships with Asia, Latin America, and the Gulf to diversify economic partnerships.
Status
active
Location
Ireland
Date added
2026-03-22 23:02 UTC
Last updated
2026-03-22 23:02 UTC
Source
KPMG
Connected threats
Not provided

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