Davy Research

Macro Forecasts


 20152016F2017F
Consumer spending 4.5 3.2 3.0
Government 1.1 4.9 1.5
Investment 32.7 7.4 6.8
Exports 34.4 1.3 3.9
Imports 21.7 0.6 3.3
GDP 26.3 4.8 3.7
Net factor payments 68.0 -8.0 5.0
GNP 18.7 8.1 3.4
Nominal GDP (€bn) 255 265 280
General Government Balance (% GDP) -1.8 -0.8 -0.3
General Government Debt (% GDP) 78.6 75.5 73.0
Employment growth 2.6 2.8 2.3
Labour force growth 0.5 1.2 1.0
Unemployment rate (%) 9.4 8.0 6.7
Last updated: January 16th 2017