Central Bank of Ireland - Annual Report 2005

According to the Central Bank & Financial Services Authority of Ireland's Annual Report 2005, the Irish economy continued to perform well last year.

The increase in Gross National Product (GNP) amounted to 5.4 per cent, a notable pick-up on the increase of 4 per cent in 2004. The increase in Gross Domestic Product (GDP) was 4.7 per cent, marginally up on the corresponding figure for 2004. Indeed, since the effect of the Information Technology shock of 2001 has worn off, the growth of both GNP and

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