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Dáil

Written answer

Departmental Data

892. Deputy Aindrias Moynihan asked the Minister for Public Expenditure, Infrastructure, Public Service Reform and Digitalisation the trend in total public expenditure over the past decade; the way these trends compare with key economic indicators including GDP growth, GNI* growth, inflation, and unemployment; and if he will make a statement on the matter. [56615/26]

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Jack Chambers Minister for Public Expenditure, Infrastructure, Public Service Reform and Digitalisation Fianna Fáil

Over the period 2015 to 2025, public expenditure has increased significantly growing from €55.5 billion to €109.4 billion, an increase of €54 billion or 97%.

Over the last decade Ireland’s Gross Domestic Product (GDP) more than doubled, growing from €272.1 billion in 2015 to €602.4 billion in 2025, an increase of €330.3 billion or 121%. Modified Gross National Income (GNI*), which is a more representative measure of domestic activity doubled from €168 billion in 2015 to €334 billion in 2025, an increase of €166 billion or 99%.

Over the last decade the unemployment rate decreased from 9.1% in 2015 to around 4.8% in 2025, with this being consistent with full employment. At the end of 2025, 2.83 million people in Ireland were in employment compared to 2 million in 2015, an increase of c. 800,000 or 40%.

The Consumer Price Index (CPI) is a measure for inflation in Ireland published by the Central Statistics Office. It averaged 2.2% over the period 2015-2020. Inflation peaked at 8.1 per cent in 2022 but has since moderated to around 2.8% as of 2025, for an average of 4.5% over the period 2020-2025. Over the period 2015 to 2025, cumulative inflation amounted to 26%.

Moving forward, the level of expenditure growth has been set in the Medium-Term Fiscal and Structural Plan published in December of last year. Projections for GDP, GNI*, inflation and unemployment are published twice a year by the Department of Finance. The most recent figures are set out in the Annual Progress Report published earlier this year.

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