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

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Presentation transcript:

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

2 Property bubble  Banking crisis  Sovereign Crisis Public debt: –2007: 25.1% (of GDP) –2012: 117.6% (of GDP) GDP € Billion (2012) GDP 2012 *International Monetary Fund Basic data 1/2 GDP per capitaGDP total Ireland35,177 € 161 billion € Germany31,823 € 2,607 billion € EU26,919 €13,474 billion € Spain29,289 € 1,036 billion € Greece16,907 € 191 billion € Portugal15,468 € 163 billion €

3 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

4 Ralf Lissek German-Irish Chamber of Industry and Commerce Deutsch-Irische Industrie- und Handelskammer 46 Fitzwilliam Square - Dublin 2 - Irland Tel: (0) Fax: (0) Contact