german-irish chamber of industry and commerce the irish economy – introduction 04/06/2013

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1 German-Irish Chamber of Industry and Commerce The Irish Economy – Introduction

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German-Irish Chamber of Industry and Commerce The Irish Economy – Introduction 04/06/2013. Basic data 1/2. Property bubble  Banking crisis  Sovereign Crisis Public debt: 2007: 25.1% (of GDP) 2012: 117.6% (of GDP) GDP € 161.3 Billion (2012) GDP 2012 - PowerPoint PPT Presentation

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Page 1: German-Irish Chamber of Industry and Commerce  The Irish Economy – Introduction 04/06/2013

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German-Irish Chamber of Industry and Commerce

The Irish Economy – Introduction

04/06/2013

Page 2: German-Irish Chamber of Industry and Commerce  The Irish Economy – Introduction 04/06/2013

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• Property bubble Banking crisis Sovereign Crisis• Public debt:

– 2007: 25.1% (of GDP) – 2012: 117.6% (of GDP)

• GDP € 161.3 Billion (2012)

• GDP 2012

*International Monetary Fund

Basic data 1/2

GDP per capita GDP total

Ireland 35,177 € 161 billion €

Germany 31,823 € 2,607 billion €

EU 26,919 € 13,474 billion €

Spain 29,289 € 1,036 billion €

Greece 16,907 € 191 billion €

Portugal 15,468 € 163 billion €

Page 3: German-Irish Chamber of Industry and Commerce  The Irish Economy – Introduction 04/06/2013

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Basic data 2/2

• Foreign direct investments (FDI)– ICT– Medical Care– Financial services

• US direct investments in Ireland = US$ 190 Billion– More than the total amount of investments in the BRIC states (US$ 159 Billion)

• 90% of Export is from FDI

• Trade surplus: € 44.7 Billion

• 134 new investments in 2013

• Shortage of German speaking staff in Ireland

• Corporate tax 12.5% + 30 million US-Americans + only English in Euro-Zone

Page 4: German-Irish Chamber of Industry and Commerce  The Irish Economy – Introduction 04/06/2013

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Ralf Lissek

German-Irish Chamber of Industry and CommerceDeutsch-Irische Industrie- und Handelskammer

46 Fitzwilliam Square - Dublin 2 - Irland

Tel: + 353 - (0)1- 64 24 311Fax: + 353 - (0)1- 64 24 399

[email protected]

Contact