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Published byErika O’Brien’ Modified over 9 years ago
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1 German-Irish Chamber of Industry and Commerce The Irish Economy – Introduction 04/06/2013
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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 *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 €
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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
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4 Ralf Lissek German-Irish Chamber of Industry and Commerce Deutsch-Irische Industrie- und Handelskammer 46 Fitzwilliam Square - Dublin 2 - Irland Tel: + 353 - (0)1- 64 24 311 Fax: + 353 - (0)1- 64 24 399 Ralf.Lissek@german-irish.ie www.german-irish.ie Contact
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