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

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 grew ...