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The Free State had the advantage, not possessed by Northern Ireland, of fiscal independence but the violence and disruption of the years 1919–1923 had caused a great deal of economic damage. As a result of the Civil War of 1922–23, the Free State started out with a very serious budget deficit, which was not fully cleared until 1931.
This is a list of countries by household final consumption expenditure per capita, that is, the market value of all goods and services, including durable products (such as cars, washing machines, and home computers), purchased by households during one year, divided by the country's average (or mid-year) population for the same year.
Traditional land use in Ireland. The first settlers in Ireland were seafarers who survived largely by fishing, hunting and gathering . This was the extent of the Irish economy for around 3500 years – until 4500BC when farming and pottery making became widespread. Sheep, goats, cattle and cereals were imported from Britain and Europe.
The median equivalised disposable income is the median of the disposable income which is equivalised by dividing income by the square root of household size; the square root is used to acknowledge that people sharing accommodation benefit from pooling at least some of their living costs.
Ireland first experienced a short technical recession from Q2-Q3 2007, followed by a recession from Q1 2008 – Q4 2009. [35] After a year with stagnant economic activity in 2010, the Irish real GDP rose by 2.2% in 2011 and 0.2% in 2012. This growth was mainly driven by improvements in the export sector.
DUBLIN (Reuters) -Ireland dipped into one of Europe's few budget surpluses to fund higher-than-usual spending hikes and tax cuts, ease energy costs for firms and consumers and set cash aside in a ...
Almost 150,000 people immigrated to Ireland in the 12 months to the end of April, according to CSO figures - a 17-year high. These 149,200 immigrants included 30,000 returning Irish citizens.
Eurostat: Wages and labour costs; Eurostat: Minimum wages August 2011; FedEE;Pay in Europe 2010; Wages (statutory minimum, average monthly gross, net) and labour cost (2005) CE Europe; Wages and Taxes for the Average Joe in the EU 27 2009; Moldovans have lowest wages in Europe; UK Net Salary Calculator