Irish economy to see 'exceptional' growth in pharma exports

GDP growth this year will be eight times the euro-area average

At 10.7%, the GDP growth of the Irish economy this year is more than eight times larger than the euro-area average of 1.3%. Picture: Larry Cummins

The Irish economy is forecast to grow exceptionally by 10.7% this year as a result of a surge in pharmaceutical exports to the US earlier this year.

According to the European Commission’s Autumn 2025 Economic Forecast, growth is expected to moderate back to 0.2% next year, as the frontloading effect unwinds. GDP growth is expected to stabilise at 2.9% in 2027.