Ireland Economic Forecast
Although Ireland is a small country, it is also a modern country. This country depends primarily on imports and exports and over the past decade, good Gross Domestic Growth or GDP has been experienced. In fact, from 1995 to 2007, the GDP was able to sustain a 6% GDP. However, as all countries, Ireland experienced some recession in the latter part of 2007 when the global financial crisis hit. Even so, this downward economy was the first time in 10 years that building and construction sectors were slowed.