| Real GDP growth (2024) | 1.9%moderating from 2.6% in 2023 | 1.9% |
| Real GDP growth (2025 estimate) | 2.2%IMF upgrade (Oct 2025) | 2.2% |
| Real GDP growth (2026 forecast) | 2.1%IMF forecast | 2.1% |
| Long-term potential GDP growth | 1.5%medium-term average | 1.5% |
| GDP per capita (2024) | $39,455current USD | $39,455 |
| Average inflation (2023) | 3.1%annual average | 3.1% |
| Average inflation (2024) | 0.4%annual average | 0.4% |
| 12‑month inflation (Aug 2024) | -0.6%turned slightly negative | -0.6% |
| Inflation (12 months to March 2025) | 0.0%flat outturn | 0.0% |
| Medium-term inflation target | ~2%convergence expected | ~2% |
| Unemployment rate (H1 2024) | 8.7%lowest since 2008 | 8.7% |
| Unemployment rate (2024 annual) | 8.46%Macrotrends estimate | 8.46% |
| Peak unemployment (2020) | 25.6%post‑pandemic peak | 25.6% |
| Labour force (Q2 2024) | 233,575total | 233,575 |
| Employed persons (Q2 2024) | 213,210of labour force | 213,210 |
| Unemployed persons (Q2 2024) | 20,365of labour force | 20,365 |
| Youth unemployment rate (2024) | 17.80%ILO estimate | 17.8% |
| Youth unemployed (Q2 2024) | 7,980unemployed youth | 7,980 |
| Youth share of unemployed | 39.2%of total unemployed | 39.2% |
| Discouraged workers (Q2 2024) | 12,940not in labour force | 12,940 |
| Fiscal deficit (FY2024) | 1.3%of GDP | 1.3% |
| Central government debt (FY2024) | 78.8%of GDP | 78.8% |
| Peak debt‑to‑GDP (FY2020/21) | 99.7%post‑pandemic peak | 99.7% |
| External debt‑to‑GDP (2024) | 32.4%of GDP | 32.4% |
| Debt target (FY2031) | 50%of GDP | 50% |
Unemployment Recovery
Lowest unemployment since 2008, down from 25.6% peak in 2020.
Youth Unemployment Challenge
Youth unemployment more than double the national average — a critical target for mentoring.
Inflation Normalisation
Inflation fell sharply from 2023 to 2024, turning negative in mid‑2024.
Debt Reduction Progress
Debt‑to‑GDP declined significantly from pandemic peak, targeting 50% by 2031.