Gross Domestic Product (GDP) grew by 0.2% in Quarter 2 (Q2) 2025 (See Editor’s Note below).
Multinational-dominated sectors grew by 1.1% in Q2 2025 with Domestic Sectors decreasing by 0.1%.
Modified Domestic Demand (MDD), a broad measure of underlying domestic activity that covers personal, government, and investment spending, grew by 0.6% in Q2 2025.
Personal spending on goods and services, a key measure of domestic economic activity, grew by 1.0% in Q2 2025.
The Balance of Payments Current Account recorded a surplus of €19.5 billion in transactions with the rest of the world in Q2 2025.
The updated estimated GDP figure for Q2 2025 is +0.2%. This compares with a Preliminary GDP Estimate for Q2 2025 of -1.0% published on 28 July 2025. The reason for the revision is that the updated GDP estimate for Q2 2025 of +0.2% is based on both Expenditure and Output data, while the Preliminary estimate was based predominantly on economic Output data. Preliminary estimates are published under the CSO Frontier Series which may use new compilation processes which are under development and / or new or more timely data sources and therefore the results may be subject to revision over time. Publishing outputs under the Preliminary Estimate allows the CSO to provide useful new information to users and receive informed feedback on these new methods and outputs whilst at the same time making sure that the limitations are well explained and understood. A list of our CSO Frontier Outputs is available.
| Kieran Culhane | (+353) 1 498 4364 |
|---|---|
| John Sheridan | (+353) 1 498 4258 |
| nat_acc@cso.ie | |
| internationalaccounts@cso.ie |
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Statistician's Comment
The Central Statistics Office (CSO) has today (04 September 2025) published Quarterly National Accounts and International Accounts results for Quarter 2 (Q2) 2025, following on from the Preliminary GDP Estimates for Q2 2025 issued on 28 July 2025 as a CSO Frontier Series output (See Editor’s Note below).
Summary Results
Assistant Director General with responsibility for National Accounts & Price Statistics, Chris Sibley, said: “In today’s release, Gross Domestic Product (GDP) is estimated to have grown by 0.2% in April, May, and June (Q2) 2025.
The globalised Industry sector expanded by 2.5% in Q2 2025 compared with Q1 2025 while the Information & Communication sector posted an increase of 1.8% over the same period. Overall, the multinational-dominated sector rose by 1.1% in the quarter.
There was continued growth in the domestic economy in Q2 2025 with Modified Domestic Demand (MDD) growing by 0.6% in the quarter. This was reflected in personal spending increasing by 1.0% and growth in wages of 3.7% over the same period.”
More detailed analysis of the results is available in the Quarterly National Accounts and International Accounts Quarter 2 2025 statistical release.