Ireland's Economy Shrinks Amid Global Headwinds
GDP contracts by 1% in Q2, marking first decline since 2023
Ireland's economy contracted by one percent in the second quarter of 2025, marking the country’s first economic decline in over a year.
The slowdown is attributed to weakened multinational activity and cooling U.S. tech investment, raising fresh concerns over the sustainability of Ireland’s export-driven model.
Economists warn the downturn could signal broader vulnerabilities as global economic conditions tighten.
The slowdown is attributed to weakened multinational activity and cooling U.S. tech investment, raising fresh concerns over the sustainability of Ireland’s export-driven model.
Economists warn the downturn could signal broader vulnerabilities as global economic conditions tighten.
