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Economic indicators

Ireland

Economic indicators | Foreign Trade in figures | Sources of general economic information

Economic indicators

Main indicators	2008	2009	2010	2011	2012
GDP (billions USD)	267.58	227.78e	216.11e	221.78e	229.69e
GDP (constant prices, annual % change)	-3.0	-7.1e	-1.5e	1.9e	2.3e
GDP per capita (USD)	60,510.00	51,356.28e	48,578.48e	49,708.73e	51,093.64e
General government balance (in % of GDP)	-12.0e	-10.0e	-7.9e	-6.8e	-e
Inflation rate (%)	3.1	-1.7e	-2.0e	-0.6e	0.9e
Current Account (billions USD)	-13.89	-6.71e	0.85e	-0.19e	-0.10e
Current Account (in % of GDP)	-5.2	-2.9e	0.4e	-0.1e	-0.0e

Source:

Note: (e) Estimated data

Breakdown of economic activity by sector	Agriculture	Industry	Services
Value added (annual % change)	3.1	9.4	5.2
Value added (in % of GDP)	1.7	33.9	74.5
Employment by sector (in % of total employment)	5.6	25.7	68.1

Source: - last available data.

Monetary indicators	2004	2005	2006	2007	2008
Average annual exchange rate for 1 USD	0.81	0.80	0.80	0.73	0.68

Source:

Foreign trade in figures

Foreign trade indicators	2005	2006	2007	2008	2009
Imports of goods (millions USD)	68,565	73,118	83,822	83,965	61,871
Exports of goods (millions USD)	109,657	108,726	121,543	125,719	114,662
Imports of services (millions USD)	71,386	78,460	94,871	109,290	103,567
Exports of services (millions USD)	59,402	68,659	93,239	101,580	94,639
Imports of goods and services (annual % change)	7.7	6.2	4.1	-	-
Exports of goods and services (annual % change)	5.2	4.4	-	-	-
Imports of goods and services (in % of GDP)	69.5	69.3	68.7	-	-
Exports of goods and services (in % of GDP)	81.8	79.9	79.4	-	-
Trade Balance (millions USD)	35,096	31,888	31,292	38,486	-
Current Account (millions USD)	-7,150	-9,679	-13,850	-14,222	-
Foreign trade (in % of GDP)	151.2	149.1	148.2	-	-

Source:

Main partner countries

Main customers (% of exports)	2008
United States	19.3%
United Kingdom	18.4%
Belgium	14.2%
Germany	7.1%
France	5.8%
Spain	4.2%
Netherlands	3.5%
Italy	3.5%
Switzerland	3.0%
Japan	2.0%
China	1.9%
Malaysia	1.2%
Sweden	1.0%
Australia	0.9%
Poland	0.9%
Hong Kong	0.8%
Singapore	0.6%
Mexico	0.6%
Denmark	0.6%
Norway	0.6%
See more countries	35.3%

Main suppliers (% of imports)	2008
United Kingdom	33.4%
United States	11.7%
Germany	8.1%
China	6.8%
Netherlands	5.0%
France	4.2%
Italy	2.3%
Belgium	2.3%
Norway	2.3%
Japan	2.0%
Denmark	1.8%
Spain	1.6%
Singapore	1.3%
Switzerland	0.9%
South Korea	0.9%
Sweden	0.8%
Poland	0.8%
Turkey	0.7%
Thailand	0.7%
Hong Kong	0.6%
See more countries	35.0%

Source: Comtrade

Main products

Main exports (% of exports)	2008
Organic chemicalsOrganic chemicals	22.1%
Pharmaceutical productsPharmaceutical products	17.7%
Nuclear reactors, boilers, machinery and...Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof	13.6%
Electrical machinery and equipment and parts...Electrical machinery and equipment and parts thereof; sound recorders and reproducers, television image and sound recorders and reproducers, and parts and accessories of such articles	8.9%
Optical, photographic, cinematographic, measuring,...Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof	7.0%
Essential oils and resinoids; perfumery, cosmetic...Essential oils and resinoids; perfumery, cosmetic or toilet preparations	6.2%
Miscellaneous chemical productsMiscellaneous chemical products	3.7%
Meat and edible meat offalMeat and edible meat offal	2.2%
Dairy produce; birds' eggs; natural honey; edible...Dairy produce; birds' eggs; natural honey; edible products of animal origin, not elsewhere specified or included	1.7%
Beverages, spirits and vinegarBeverages, spirits and vinegar	1.4%
Preparations of cereals, flour, starch or milk;...Preparations of cereals, flour, starch or milk; pastrycooks' products	1.3%
Plastics and articles thereofPlastics and articles thereof	1.0%
Mineral fuels, mineral oils and products of their...Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes	1.0%
Miscellaneous edible preparationsMiscellaneous edible preparations	0.8%
Preparations of meat, of fish or of crustaceans,...Preparations of meat, of fish or of crustaceans, molluscs or other aquatic invertebrates	0.6%
Inorganic chemicals; organic or inorganic...Inorganic chemicals; organic or inorganic compounds of precious metals, of rare-earth metals, of radioactive elements or of isotopes	0.6%
Albuminoidal substances; modified starches; glues;...Albuminoidal substances; modified starches; glues; enzymes	0.5%
Aircraft, spacecraft, and parts thereofAircraft, spacecraft, and parts thereof	0.4%
Fish and crustaceans, molluscs and other aquatic...Fish and crustaceans, molluscs and other aquatic invertebrates	0.3%
Wood and articles of wood; wood charcoalWood and articles of wood; wood charcoal	0.3%
Vehicles other than railway or tramway...Vehicles other than railway or tramway rolling-stock, and parts and accessories thereof	0.3%
Live animalsLive animals	0.3%
Articles of iron or steelArticles of iron or steel	0.3%
Iron and steelIron and steel	0.2%
Cocoa and cocoa preparationsCocoa and cocoa preparations	0.2%
Ores, slag and ashOres, slag and ash	0.2%
Miscellaneous articles of base metalMiscellaneous articles of base metal	0.2%
Paper and paperboard; articles of paper pulp, of...Paper and paperboard; articles of paper pulp, of paper or of paperboard	0.2%
Residues and waste from the food industries;...Residues and waste from the food industries; prepared animal fodder	0.2%
Furniture; bedding, mattresses, mattress supports,...Furniture; bedding, mattresses, mattress supports, cushions and similar stuffed furnishings; lamps and lighting fittings, not elsewhere specified or included; illuminated signs, illuminated name-plates and the like; prefabricated buildings	0.2%
Toys, games and sports requisites; parts and...Toys, games and sports requisites; parts and accessories thereof	0.2%
Edible vegetables and certain roots and tubersEdible vegetables and certain roots and tubers	0.2%
Tools, implements, cutlery, spoons and forks, of...Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal	0.1%
Glass and glasswareGlass and glassware	0.1%
Aluminium and articles thereofAluminium and articles thereof	0.1%
Salt; sulphur; earths and stone; plastering...Salt; sulphur; earths and stone; plastering materials, lime and cement	0.1%
Sugars and sugar confectionerySugars and sugar confectionery	0.1%
Printed books, newspapers, pictures and other...Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans	0.1%
See more products	30.7%

Main imports (% of imports)	2008
Nuclear reactors, boilers, machinery and...Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof	17.0%
Mineral fuels, mineral oils and products of their...Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes	11.6%
Electrical machinery and equipment and parts...Electrical machinery and equipment and parts thereof; sound recorders and reproducers, television image and sound recorders and reproducers, and parts and accessories of such articles	8.4%
Vehicles other than railway or tramway...Vehicles other than railway or tramway rolling-stock, and parts and accessories thereof	5.9%
Pharmaceutical productsPharmaceutical products	4.2%
Organic chemicalsOrganic chemicals	3.7%
Aircraft, spacecraft, and parts thereofAircraft, spacecraft, and parts thereof	3.6%
Plastics and articles thereofPlastics and articles thereof	3.1%
Optical, photographic, cinematographic, measuring,...Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof	2.9%
Paper and paperboard; articles of paper pulp, of...Paper and paperboard; articles of paper pulp, of paper or of paperboard	1.7%
Articles of iron or steelArticles of iron or steel	1.6%
Essential oils and resinoids; perfumery, cosmetic...Essential oils and resinoids; perfumery, cosmetic or toilet preparations	1.5%
Articles of apparel and clothing accessories, not...Articles of apparel and clothing accessories, not knitted or crocheted	1.5%
Articles of apparel and clothing accessories,...Articles of apparel and clothing accessories, knitted or crocheted	1.4%
Iron and steelIron and steel	1.4%
Beverages, spirits and vinegarBeverages, spirits and vinegar	1.3%
Furniture; bedding, mattresses, mattress supports,...Furniture; bedding, mattresses, mattress supports, cushions and similar stuffed furnishings; lamps and lighting fittings, not elsewhere specified or included; illuminated signs, illuminated name-plates and the like; prefabricated buildings	1.2%
Preparations of cereals, flour, starch or milk;...Preparations of cereals, flour, starch or milk; pastrycooks' products	1.1%
Wood and articles of wood; wood charcoalWood and articles of wood; wood charcoal	0.9%
Miscellaneous chemical productsMiscellaneous chemical products	0.9%
FertilizersFertilizers	0.8%
Toys, games and sports requisites; parts and...Toys, games and sports requisites; parts and accessories thereof	0.8%
Meat and edible meat offalMeat and edible meat offal	0.8%
Residues and waste from the food industries;...Residues and waste from the food industries; prepared animal fodder	0.8%
Dairy produce; birds' eggs; natural honey; edible...Dairy produce; birds' eggs; natural honey; edible products of animal origin, not elsewhere specified or included	0.8%
Aluminium and articles thereofAluminium and articles thereof	0.7%
Preparations of vegetables, fruit, nuts or other...Preparations of vegetables, fruit, nuts or other parts of plants	0.7%
Footwear, gaiters and the like; parts of such...Footwear, gaiters and the like; parts of such articles	0.6%
Printed books, newspapers, pictures and other...Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans	0.6%
Rubber and articles thereofRubber and articles thereof	0.6%
Preparations of meat, of fish or of crustaceans,...Preparations of meat, of fish or of crustaceans, molluscs or other aquatic invertebrates	0.6%
Miscellaneous edible preparationsMiscellaneous edible preparations	0.5%
Edible fruit and nuts; peel of citrus fruits or...Edible fruit and nuts; peel of citrus fruits or melons	0.5%
Articles of stone, plaster, cement, asbestos, mica...Articles of stone, plaster, cement, asbestos, mica or similar materials	0.5%
Soap, organic surface-active agents, washing...Soap, organic surface-active agents, washing preparations, lubricating preparations, artificial waxes, prepared waxes, polishing or scouring preparations, candles and similar articles, modelling pastes, 'dental waxes' and dental preparations with a basis of plaster	0.5%
Animal or vegetable fats and oils and their...Animal or vegetable fats and oils and their cleavage products; prepared edible fats; animal or vegetable waxes	0.4%
Edible vegetables and certain roots and tubersEdible vegetables and certain roots and tubers	0.4%
Live animalsLive animals	0.4%
Sugars and sugar confectionerySugars and sugar confectionery	0.4%
Glass and glasswareGlass and glassware	0.4%
Cocoa and cocoa preparationsCocoa and cocoa preparations	0.4%
Natural or cultured pearls, precious or...Natural or cultured pearls, precious or semi-precious stones, precious metals, metals clad with precious metal, and articles thereof; imitation jewellery; coin	0.4%
Tools, implements, cutlery, spoons and forks, of...Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal	0.4%
Inorganic chemicals; organic or inorganic...Inorganic chemicals; organic or inorganic compounds of precious metals, of rare-earth metals, of radioactive elements or of isotopes	0.4%
CerealsCereals	0.3%
Tanning or dyeing extracts; tannins and their...Tanning or dyeing extracts; tannins and their derivatives; dyes, pigments and other colouring matter; paints and varnishes; putty and other mastics; inks	0.3%
Salt; sulphur; earths and stone; plastering...Salt; sulphur; earths and stone; plastering materials, lime and cement	0.3%
Miscellaneous articles of base metalMiscellaneous articles of base metal	0.3%
Railway or tramway locomotives, rolling-stock and...Railway or tramway locomotives, rolling-stock and parts thereof; railway or tramway track fixtures and fittings and parts thereof; mechanical (including electro-mechanical) traffic signalling equipment of all kinds	0.3%
Ceramic productsCeramic products	0.3%
Other made-up textile articles; sets; worn...Other made-up textile articles; sets; worn clothing and worn textile articles; rags	0.3%
Copper and articles thereofCopper and articles thereof	0.3%
Articles of leather; saddlery and harness; travel...Articles of leather; saddlery and harness; travel goods, handbags and similar containers; articles of animal gut (other than silkworm gut)	0.2%
Ores, slag and ashOres, slag and ash	0.2%
Miscellaneous manufactured articlesMiscellaneous manufactured articles	0.2%
Albuminoidal substances; modified starches; glues;...Albuminoidal substances; modified starches; glues; enzymes	0.2%
Fish and crustaceans, molluscs and other aquatic...Fish and crustaceans, molluscs and other aquatic invertebrates	0.2%
Live trees and other plants; bulbs, roots and the...Live trees and other plants; bulbs, roots and the like; cut flowers and ornamental foliage	0.2%
Tobacco and manufactured tobacco substitutesTobacco and manufactured tobacco substitutes	0.1%
Products of the milling industry; malt; starches;...Products of the milling industry; malt; starches; inulin; wheat gluten	0.1%
Carpets and other textile floor coveringsCarpets and other textile floor coverings	0.1%
Photographic or cinematographic goodsPhotographic or cinematographic goods	0.1%
Coffee, tea, maté and spicesCoffee, tea, maté and spices	0.1%
Lead and articles thereofLead and articles thereof	0.1%
See more products	52.8%

Source: Comtrade

See more products: More imports (Intracen Data)
More exports (Intracen Data)

Sources of general economic information

Ministries: Department of Enterprise, Trade and Employment
Department of Agriculture, Fisheries and Food
Industrial Development Agency
Statistical Office: Central Statistics Office
Central Bank: European Central Bank
Central Bank and Financial Services Authority
Stock Exchange: Irish Stock Exchange
Main online newspapers: Irish Examiner
Irish Independent
Irish Times
An Phoblacht
Search Engines: Yahoo!
Browse Ireland
Ireland's Portal
Nice One
Google
Economic portals: The Economic and Social Research Institute

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Economic indicators

Ireland

Economic indicators

Foreign trade in figures

Main partner countries

Main products

Sources of general economic information

Country profiles

General information

Access to markets

Regulatory environment

Postal information

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