Ireland enters recession as economic fall speeds up in fourth quarter
Ireland’s annual economic growth continued to decelerate as an on-quarter decline sped up in the fourth quarter of 2025, preliminary data showed Thursday.
The Central Statistics Office said the Irish economy contracted by 0.6% in the fourth quarter of 2025, an acceleration from a 0.3% decline in the third quarter. The country’s economy had climbed 0.3% in the second quarter.
With two consecutive on-quarter declines in gross domestic product, Ireland has entered a recession.
On-year growth slowed markedly to 3.7% in the fourth quarter from 10.8% in the third quarter. It had stood as high as 20.0% in the first quarter of 2025 and has decelerated ever since.
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