Davy Research

Macro Forecasts


 20162017F2018F
Consumer spending 3.0 3.4 2.7
Government 5.3 2.6 2.0
Investment 45.5 -18.8 7.0
Exports 2.4 4.5 4.4
Imports 10.3 -3.8 4.0
GDP 5.2 5.0 3.8
Nominal GDP (€bn) 265.8 282.4 298.6
General Government Balance (% GDP) -0.5 -0.3 0.0
General Government Debt (% GDP) 75 72 71
Employment growth 2.9 2.8 2.3
Labour force growth 0.5 1.2 1.1
Unemployment rate (%) 7.9 6.1 5.3
Last updated: May 8th 2017