The Irish economy grew by 3.6% in the second quarter of this year, despite an increase in net debt.
It is a significant recovery from the 3.2% drop in GDP that followed the end of the banking crisis.
But it also represents a setback for Prime Minister Leo Varadkar, who had hoped for a much stronger growth performance.
The Irish economy has been a drag on the Irish political landscape in recent years.
The economy has suffered from a slump in tourism and manufacturing, and an influx of migrants from the North.
The result has been high unemployment, the collapse in the value of the pound, and the loss of tax revenue.
A recent study by the Centre for Economics and Business Research found that the country’s economy would have been able to recover from the financial crisis much more quickly if the banking sector had not collapsed.
Mr Varadakar said the Government had a plan to boost the Irish recovery and was committed to implementing the plan.
“The Government has put forward a detailed programme of investment and reform in order to boost our economy and our competitiveness in the world’s most competitive and dynamic market,” he said.
Businesses have also been feeling the strain.
The biggest job losses were in the services sector, which is the sector most affected by the financial crash.
It accounts for about one-third of all jobs in Ireland.
While there has been some improvement in the labour market, the Government is still looking for jobs for those who left their job at the end.
Last month, it announced plans to introduce a new labour market strategy to increase the number of jobs available.
The move is aimed at attracting workers from overseas, who will help the Government attract foreign direct investment.