Ireland: the 'leprechaun economics' country that disowned its own GDP

After GDP 'grew' ~26% in 2015 on an Apple restructuring, Ireland created GNI* — which shows a real economy roughly 40% smaller than headline GDP (€291bn vs €500bn+ in 2023).

Sources

• CSO Ireland — Modified GNI
• Wikipedia — Modified gross national income
• Gov.ie — GDP and Modified GNI explanatory note

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