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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
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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 *International Monetary Fund
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
Contact 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