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Ireland posts 7.8pct surge in GDP over 2015
(MENAFN) Ireland's GDP growth for 2015 as a whole has touched 7.8 percent in real terms, a rise from 5.2 percent through the previous year, based on the latest reports.
The country's economy sustained to perform sturdily in the final quarter of 2015, with its GDP increasing by 2.7 percent in the quarter, way above all the other Eurozone nations.
In accordance, this pace of growth is the fastest in Ireland since 2000, and it also made the nation the fastest developing economy in EU for the second consecutive year.
According to top local analyzing agencies, the local demand was the leading driver of robust economic activity in the final quarter; hence it expects GDP to hit 5-6pct this year.
The country's economy sustained to perform sturdily in the final quarter of 2015, with its GDP increasing by 2.7 percent in the quarter, way above all the other Eurozone nations.
In accordance, this pace of growth is the fastest in Ireland since 2000, and it also made the nation the fastest developing economy in EU for the second consecutive year.
According to top local analyzing agencies, the local demand was the leading driver of robust economic activity in the final quarter; hence it expects GDP to hit 5-6pct this year.
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