Economic Outlook

Despite mounting global pressures, the Irish economy continues to show remarkable resilience, with domestic demand forecast to accelerate to 4% in 2027. This momentum is heavily supported by the global AI buildout, with capital spending on digital equipment surging to account for one euro in every ten invested domestically, and trade in AI-related goods doubling over the past two years. While our financial foundations are strong and employment is on track to approach 2.9 million by 2027, sustaining this growth requires addressing domestic bottlenecks. Delivering affordable housing and channeling resources into workforce AI readiness will be critical to our capacity to grow, retain skills, and drive future productivity.

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