Fears over employment, mortgage repayments and their ability to keep a roof over their families' heads can be enormously stressful for men.
"The recession has had a huge impact," says Paul Kelly, of Console. "Men are asking themselves how they can keep their heads above water financially. They can feel like they are being attacked from all sides, with everything boiling down to how they can make their repayments."
Welcome changes in the workforce have ensured greater gender parity than before, but traditional male-dominated industries such as farming and construction have been hit hard.
Men can struggle to work out their place in the scheme of things. "It doesn't help that men aren't as good at sharing their feelings with their friends as women are," says Caroline McGuigan, of Suicide or Survive. "They continue to bottle-up emotions."
Trying to fulfil stereotypical gender roles of protector and provider can be onerous on men who are struggling financially. Relationship break-ups can have a seismic impact too, according to Joan Freeman of Pieta House, who says those with young children can be especially damaged as the easy access they once enjoyed is snatched away. "It's particularly difficult when they are being denied the access they feel they should have," she says. "It can be devastating for them."
Men living in isolated rural areas have been especially vulnerable to suicide, but isolation stalks those in urban Ireland too.
"One of the major warning signs is when young men deliberately start to distance themselves from their friends," says Ms Freeman. "When they purposefully isolate themselves, it's time for questions to be asked."
While it is true that we are more "connected" than ever due to the proliferation of social media in our lives, the internet can be especially problematic for younger men.
The rise in online bullying and of "naming and shaming" on Facebook and Twitter have presented new challenges, while counsellors have become alarmed with the ease with which suicide methods can be found online.
Ireland has long had its problems with alcohol, and it appears as though our dependency on drink is playing its part in the high suicide figures, especially among young men.
"Alcohol is a huge factor," says Ciarán Austin, head of services at Console. "It can be a factor in between 60pc and 90pc of suicides. Not only is it a depressant, but it can also lower inhibitions, putting people at risk."