Dublin Economic Monitor - Find out how Dublin is doing.

TRACKING DUBLIN’S PERFORMANCE

The Dublin City Region plays a pivitol role in the economy of Ireland. The Dublin Economic Monitor tracks the capital’s performance quarterly to provide insightful data.

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February 2019

As Dublin’s workforce grows, we look at the financial implications, as well as the latest Dublin economic data.

November 2018

Get up-to-date economic data for Dublin, and special reports on climate change and the Fingal Skills Strategy.

August 2018

Including up-to-date economic data, the Mastercard Spending Pulse, and a special report on the Dublin Bay Biosphere Partnership.

MORE MONITORS

“The Dublin private sector economy continued to grow strongly during the third quarter of 2017, supported by sharp rises in new work. There was a welcome pick-up in the rate of job creation following a slowdown in Q2, with firms increasingly willing to take on extra staff in line with higher workloads”
Andrew Harker, Senior Economist at IHS Markit.
“Dublin consumer sentiment saw a strong improvement as the persistence of healthy trends in activity and employment eased earlier fears of a sharp Brexit related slowdown.”
Austin Hughes, Chief Economist at KBC Bank Ireland.
“The Dublin economy has maintained its momentum in 2017 with the labour market showing particularly positive signs. Rising employment and tourism volumes have fed through to many aspects of the economy, including both Dublin Airport and the public transport system where passenger journeys continue to increase at strong rates.”
Lorcan Blake, Economic Consultant at DKM Economic Consultants.

HIGHLIGHTS

DUBLIN’S WORKFORCE

increases to 696,200 (SA) in Q3 2018 with unemployment rate at 5.3% for the past three quarters.

RESIDENTIAL RENTS

continue on upward trend with average rent of €1,587 in Q2 2018.

RESIDENTIAL PROPERTY PRICES

fell for the first time since April 2017. Dublin prices moderated further with YoY growth of 5%.

THE MASTERCARD DUBLIN SPENDINGPULSE

shows consumer spending in the Dublin economy grew 5.8% (SA) YoY in Q4 2018. Tourism expenditure rose 15.8% (SA).

PUBLIC TRANSPORT TRIPS

on the LUAS surpassed 10 million (SA) for the second consecutive quarter in Q3 2018, with a total of 55.1 million (SA) passenger trips across all four public transport types.