Ireland - Country Analysis
Ireland – country analysis
Ireland – Quick View
ECR score
62.33 (Mar 2011)
ECR rank
43 (Mar 2011)
ECONOMIC
GDP (2009)
USD 220,818.79 million
GNI per capita PPP
USD 33,510
FDI inflow (2009)
USD 23,492.32 million
Inflation (2010)
-1.1%
Central bank assets (2010)
USD 271,406.20 million
Unemployment rate (2010)
13.4%
Government deficit (2009)
USD 30,476.17 million
Tax revenue (2009)
USD 13.27 billion (approx.)
POLITICAL
Government type
Sovereign and Democratic
Recent political crisis
NA
Economic freedom score
7th
Freedom of information score
10th
Corruption perception index
14th
STRUCTURAL
Birth rate
16.7 per 000
Population balance
Under 14 - 21.45%
Population balance
Over 60 - 16.17%
Life expectancy years
Male - 76.8 years
Life expectancy years
Female - 81.6 years
Mortality rate
6.5 per 000
Literacy rate
NA
Internet access (2010)
67.3%
Introduction
Ireland is an island to the north-west of continental Europe. It is the third-largest island in Europe and the twentieth-largest island on Earth. To its east is the larger island of Great Britain, from which it is separated by the Irish Sea. It covers the area of almost 82.000 km2 with the population of 5.5 mln in the Republic of Ireland and another 1.8 mln in the Northern Ireland, which I would also consider a part of our market, since the 2 countries are artificially divided and in fact are very strongly economically bound. From experience I can say that many people live in one of these countries but work in the other one, travelling daily.
The Irish economy is small and highly open. The value of internationally traded goods and services in 2011 was equivalent to 190 per cent of GDP, which amounted to €156 billion for the year. Compared to 2000, this represents an increase in the importance of internationally traded goods of 4.7 percentage points.
Services are the largest component of Irish output: in 2010 they
Ireland – Quick View
ECR score
62.33 (Mar 2011)
ECR rank
43 (Mar 2011)
ECONOMIC
GDP (2009)
USD 220,818.79 million
GNI per capita PPP
USD 33,510
FDI inflow (2009)
USD 23,492.32 million
Inflation (2010)
-1.1%
Central bank assets (2010)
USD 271,406.20 million
Unemployment rate (2010)
13.4%
Government deficit (2009)
USD 30,476.17 million
Tax revenue (2009)
USD 13.27 billion (approx.)
POLITICAL
Government type
Sovereign and Democratic
Recent political crisis
NA
Economic freedom score
7th
Freedom of information score
10th
Corruption perception index
14th
STRUCTURAL
Birth rate
16.7 per 000
Population balance
Under 14 - 21.45%
Population balance
Over 60 - 16.17%
Life expectancy years
Male - 76.8 years
Life expectancy years
Female - 81.6 years
Mortality rate
6.5 per 000
Literacy rate
NA
Internet access (2010)
67.3%
Introduction
Ireland is an island to the north-west of continental Europe. It is the third-largest island in Europe and the twentieth-largest island on Earth. To its east is the larger island of Great Britain, from which it is separated by the Irish Sea. It covers the area of almost 82.000 km2 with the population of 5.5 mln in the Republic of Ireland and another 1.8 mln in the Northern Ireland, which I would also consider a part of our market, since the 2 countries are artificially divided and in fact are very strongly economically bound. From experience I can say that many people live in one of these countries but work in the other one, travelling daily.
The Irish economy is small and highly open. The value of internationally traded goods and services in 2011 was equivalent to 190 per cent of GDP, which amounted to €156 billion for the year. Compared to 2000, this represents an increase in the importance of internationally traded goods of 4.7 percentage points.
Services are the largest component of Irish output: in 2010 they