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The economy of the Republic of Ireland is a highly developed knowledge economy, focused on services in high-tech, life sciences, financial services and agribusiness, including agrifood. Ireland is an open economy (3rd on the Index of Economic Freedom), [27] and ranks first for high-value foreign direct investment (FDI) flows. [28]
Agriculture in Ireland is a major component of the modern economy of the Republic of Ireland. [21] A major livestock producer, Ireland has very limited horticultural and grain production on account of its topography and climate. Ireland manufactures many derivatives and value-added products from its livestock base.
On 7 September, it was announced that Ireland was now officially in recession after the economy shrank by 6.1% between April and June as the impact of COVID-19 brought the largest quarterly drop on record, following new figures published by the Central Statistics Office. [39] [40]
The economy of Northern Ireland is the smallest of the four constituents of the United Kingdom and the smaller of the two jurisdictions on the island of Ireland. At the time of the Partition of Ireland in 1922, and for a period afterwards, Northern Ireland had a predominantly industrial economy , most notably in shipbuilding , rope manufacture ...
In 2017 Dublin ranked 1st in Ireland by disposable income per person, at 110% of the State average. [1]In 2008, it was the city with the 2nd highest wages in the world, [2] dropping to 10th place in 2009, [3] and, according to a Brookings Institution report in 2012, had the 14th highest income per capita in the world at $55,578 (€42,960).
Ireland was the first state in the eurozone to enter recession, as declared by the Central Statistics Office (CSO). [8] By January 2009, the number of people living on unemployment benefits had risen to 326,000—the highest monthly level since records began in 1967—and the unemployment rate rose from 6.5% in July 2008 to 14.8% in July 2012 ...
The Central Statistics Office (CSO; Irish: An Phríomh-Oifig Staidrimh) is the statistical agency responsible for the gathering of "information relating to economic, social and general activities and conditions" in Ireland, in particular the census which is held every five years.
Economy of Ireland may refer to: Economy of the Republic of Ireland, the economy of a sovereign state in Europe; ... Statistics; Cookie statement; Mobile view ...