The CSO has released new data today in relation to Q4 2008 and preliminary annual data for 2008. As per Karl Whelan’s preference, I will briefly focus on the Q42008-Q42007 annual changes. The year-on-year decline in GDP is 7.5 percent (GNP declined by 6.7 percent). The current account has declined from a Q42007 deficit of 5.8 percent of GDP to a trivially-small deficit of 0.3 percent of GDP in Q4 2008.
The National Accounts data release is here.
The BOP data release is here.