Irish economy to record double-digit growth in 2021 amid exports surge, ESRI predicts

The think tank expects GDP to grow by 11 per cent this year as domestic demand also rebounds after the pandemic

23rd June, 2021
Irish economy to record double-digit growth in 2021 amid exports surge, ESRI predicts
Exports are expected to grow by 13.3 per cent this year in spite of trade disruptions due to Brexit. Picture:

The Irish economy will record “substantial growth” in 2021 as public health measures are lifted and exports surge, according to a report.

In its Quarterly Economic Commentary for summer 2021, the Economic and Social Research Institute (ESRI) said it expected Ireland’s GDP to grow by a little more than 11 per cent in the present year, with growth primarily driven by the strong performance of the Irish exports sector.

According to the report, exports...

Subscribe from just €1 for the first month!


What's Included

With any subscription you will have access to

  • 971569B3-2C5E-4C45-B798-CEADE16987A8

    Unlimited multi-device access to our iPad, iPhone and Android Apps

  • 099C8662-C57C-42F2-9426-F2F90DF17C8F

    Unlimited access to our eReader library

  • 198AE43B-B9CF-4892-8769-D63C2104BA08

    Exclusive daily insight and opinion seven days a week

  • D8F37B78-25E4-4E4A-A376-4F5789B1564A

    Create alerts to never miss a subject that matters to you

  • B15F2521-37CD-4E02-B898-730A20D39F7F

    Get access to exclusive offers for subscribers on gifts and experiences

  • A564FE02-1AB8-4579-AF9D-BA32A2E5ACA7

    Get content from Business Post, Business Post Magazines, Connected, Tatler and Food & Wine

Related Stories

Donohoe: long-term spending commitments need to match sustainable revenues

Government plans to spend €80.1bn next year

Labour shortage to hit global recovery, says top economist

Economics Lorcan Allen 2 weeks ago

Aidan Regan: We need our allies more than we need our beloved 12.5 per cent tax rate

Economics Aidan Regan 2 weeks ago