Ireland’s economy is estimated to have expanded by 3.9 per cent in the three months to the end of June compared to the first quarter of 2026, the Central Statistics Office (CSO) said on Tuesday.
It meant that on an annual basis, Irish gross domestic product (GDP) – the total value of goods and services produced in the economy – was down 1.9 per cent compared to the second quarter of last year.
This marks an improvement on the 13 per cent fall in GDP in the 12 months to the end of March.
However, the volatile numbers come on the back of a surge in exports last year as pharma firms here rushed to stockpile product in the US ahead of Donald Trump’s tariffs.
Economists consider Irish GDP to be an unreliable metric due to the distorting impact of large intellectual property and aircraft leasing transactions by multinationals operating in the State.
