Windsor Framework & Northern Ireland Protocol Overview
Unemployment rate is at 4.9% - climbing in
recent months but close to full employment
35
30
Economic growth of c. 2% expected
Inflation/monetary policy has slowed growth
Value added from ICT & pharma clear to
see sectors give jobs, income and tax
250
200
150
100
50
y-o-y %
MDD gives better picture of growth: Gov't
forecasts 2%+ for 2023 and 2024
30
25
20
15
10
0
-5
-10
01
I
I I I
95 99 03
07 11 15 19 23
-15
25
20
do
15
10
5
От
EUR, billion
GVA: Domestic sectors
- GVA: Multinational dominated sectors
Gníomhaireacht Bainistíochta an Chisteáin Náisiúnta
National Treasury Management Agency
Source: CSO
05 07 09 11 13 15 17 19 21 23
-
- GDP Domestic Demand
Source: CSO
I
I
I
I
I
I
05 07 09 11 13 15 17 19 21 23
- Unemployment rate
* Modified Domestic Demand series accounts for multinational activity (technically modified final domestic demand (excl. inventories))
Note: Unemployment rate series shown uses the Covid adjusted unemployment rate between March 2020 and February 2022 and the
standard unemployment rate elsewhere.
Source: CSOView entire presentation