{
  "title": "Ireland: Staff Report for the 2015 Article IV Consultation",
  "publication": "IMF Staff Country Reports, March 25, 2015",
  "sourceUrl": "https://www.imf.org/en/publications/cr/issues/2016/12/31/ireland-staff-report-for-the-2015-article-iv-consultation-42802",
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  "summary": "This 2015 Article IV Consultation highlights that Ireland enjoyed strong growth in 2014, at about 5 percent year over year, led by exports and investment. Solid job creation has brought the unemployment rate down to 10.5 percent, from a peak of 15 percent three years ago.",
  "sections": [
    {
      "heading": "Summary findings",
      "content": "- Ireland enjoyed strong growth in 2014, at about 5 percent year over year, led by exports and investment.\n- Solid job creation has brought the unemployment rate down to 10.5 percent, from a peak of 15 percent three years ago.\n- Higher than expected growth in revenues helped bring the fiscal deficit down to an estimated 3.9 percent of GDP in 2014 despite some spending overruns."
    },
    {
      "heading": "Macroeconomic outlook (2015)",
      "content": "- Growth in 2015 is expected to remain robust, at about 3.5 percent, bolstered by the European Central Bank’s quantitative easing.\n- Consumption is beginning to support activity, aided by the impact of falling energy prices on real incomes."
    },
    {
      "heading": "Labor market",
      "content": "- Unemployment: 10.5 percent in 2014 (down from a peak of 15 percent three years earlier).\n- Job creation described as \"solid\" (no additional numerical breakdown provided in the source content)."
    },
    {
      "heading": "Fiscal developments",
      "content": "- Fiscal deficit: an estimated 3.9 percent of GDP in 2014.\n- Revenue dynamics: higher than expected growth in revenues contributed to deficit reduction despite some spending overruns."
    },
    {
      "heading": "Key statistics and metadata (as reported)",
      "content": "- Growth 2014: about 5 percent year over year.\n- Unemployment 2014: 10.5 percent.\n- Unemployment peak three years earlier: 15 percent.\n- Fiscal deficit 2014: an estimated 3.9 percent of GDP.\n- Growth forecast 2015: about 3.5 percent.\n- Report pages: 63.\n- Volume: 2015.\n- Issue: 077.\n- Series: Country Report No. 2015/077.\n- DOI: https://doi.org/10.5089/9781475531527.002.\n- ISBN: 9781475531527.\n- ISSN: 1934-7685.\n- Publication date on page: March 25, 2015.\n\nSource: Ireland: Staff Report for the 2015 Article IV Consultation\n\n---\n\n Content in this bundle\n\n- cr1577\n  - cr1577 (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - cr1577 (PDF){rel=\"external\" type=\"application/pdf\"}"
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    "Published: March 25, 2015",
    "Series: IMF Staff Country Reports",
    "DOI: https://doi.org/10.5089/9781475531527.002",
    "Ireland enjoyed strong growth in 2014, at about 5 percent year over year, led by exports and investment.",
    "Solid job creation has brought the unemployment rate down to 10.5 percent, from a peak of 15 percent three years ago.",
    "Higher than expected growth in revenues helped bring the fiscal deficit down to an estimated 3.9 percent of GDP in 2014 despite some spending overruns.",
    "Growth in 2015 is expected to remain robust, at about 3.5 percent, bolstered by the European Central Bank’s quantitative easing.",
    "Consumption is beginning to support activity, aided by the impact of falling energy prices on real incomes.",
    "Unemployment: 10.5 percent in 2014 (down from a peak of 15 percent three years earlier).",
    "Job creation described as \"solid\" (no additional numerical breakdown provided in the source content).",
    "Fiscal deficit: an estimated 3.9 percent of GDP in 2014.",
    "Revenue dynamics: higher than expected growth in revenues contributed to deficit reduction despite some spending overruns.",
    "Growth 2014: about 5 percent year over year.",
    "Unemployment 2014: 10.5 percent.",
    "Unemployment peak three years earlier: 15 percent.",
    "Fiscal deficit 2014: an estimated 3.9 percent of GDP.",
    "Growth forecast 2015: about 3.5 percent.",
    "Report pages: 63.",
    "Volume: 2015.",
    "Issue: 077.",
    "Series: Country Report No. 2015/077.",
    "DOI: https://doi.org/10.5089/9781475531527.002.",
    "ISBN: 9781475531527.",
    "ISSN: 1934-7685.",
    "Publication date on page: March 25, 2015.",
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