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Ireland PESTLE Insights - A Macroeconomic Outlook Report

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    Country Profile

  • 46 Pages
  • November 2023
  • Region: Ireland
  • GlobalData
  • ID: 4396677
Mining, manufacturing, and utilities contributed 41.1% to Ireland’s gross value added (GVA) in 2022, followed by transport, storage, and communication (20.5%), and financial intermediation, real estate, and business activities (19.7%). In nominal terms, the three sectors are forecast to grow by 10.5%, 10.5%, and 10.3%, respectively, in 2023.

According to Eurostat, the Eastern and Midland region of Ireland, which contributed the most to GDP at 53.9% in 2021, also represented the highest proportion of the total population at 49.3% in 2022.

The ISEQ Index has been on an upward trend. As of August 29, 2023, the index stood at 8,892, compared to 6,950.8 on August 29, 2022.

Scope

  • In 2021, the government unveiled the National Development Plan 2021-30 with an investment of EUR165 billion ($173.9 billion) in infrastructure projects.

Reasons to Buy

  • Macroeconomic Outlook Report identifies the potentials of the country as an investment destination by analyzing the political, economic, social, technological, legal and environmental (PESTLE) structure.
  • PESTLE Insights provides 360 degree view of the economy which can be used as a strategic tool to understand the market dynamics, business potentials and direction of operations
  • Along with providing the country’s snapshot, the report captures the risk factors pertaining to the macroeconomic risks, political environment, legal environment, demographic and social structure effectiveness, technology & infrastructure and natural and geographic aspects that might impact business.
  • This report also highlights key clusters/cities which contribute significantly to the country GDP and population along with major companies’ presence in these areas.

Table of Contents

  • Did You Know?
  • Country Highlights
  • Key Economic Updates
  • Country Snapshot
  • Political Landscape
  • Economic Landscape
  • Social Landscape
  • Technological Landscape
  • Legal Landscape
  • Environmental Landscape
  • Outlook
List of Tables
  • Exhibit 1: Ireland’s performance in terms of its country risk analysis in comparison to West-Europe and the World average
  • Exhibit 2: Performance overview (score: 0-100)
  • Exhibit 3: Broad categories and weights behind the index
  • Exhibit 4: ISEQ Index, (August 2022 - August 2023)
  • Exhibit 5: Key sectors contribution to the economy (2017-24f)
  • Exhibit 6: FDI inflows, FDI outflows, FDI inward stock and FDI outward stock (2018-22)
  • Exhibit 7: Greenfield FDI projects and net cross border M&As purchase deals in Ireland (2018-22)
  • Exhibit 8: Key infrastructure indicators (2020)
  • Exhibit 9: Real GDP and household consumption growth rate (2018-25f)
  • Exhibit 10: Real GDP growth rate comparison (2022)
  • Exhibit 11: Volume of exports and imports growth (2018-25f)
  • Exhibit 12: Current account balance (2018-25f)
  • Exhibit 13: Top three commodity exports, % of total exports (2018-22)
  • Exhibit 14: Exports of pharmaceutical products, % of world total (2022)
  • Exhibit 15: Interest rates (September 2018 - September 2023)
  • Exhibit 16: Exchange rate and inflation (2018-25f)
  • Exhibit 17: Public finance (2018-25f)
  • Exhibit 18: General government debt (2018-25f)
  • Exhibit 19: Unemployment rate (2018-25f)
  • Exhibit 20: Average annual wages (2018-25f)
  • Exhibit 21: Labor cost index (2018-25f)
  • Exhibit 22: Rural/urban share of total population (1995, 2005, 2015, 2025f)
  • Exhibit 23: Age-group share of total population (1995, 2005, 2015, 2025f)
  • Exhibit 24: Gender split (1995, 2005, 2015, 2025f)
  • Exhibit 25: Internet users as a percentage of total population, mobile penetration rate and broadband penetration rate (2022)
  • Exhibit 26: Number of patents granted per million population (2022)
  • Exhibit 27: High-technology exports, % of manufactured exports (2021)
  • Exhibit 28: Rule of law (rankings), 2022
  • Exhibit 29: Corruption perceptions index (rankings) (2022)
  • Exhibit 30: Renewable energy capacity (2017-21)
  • Exhibit 31: CO2 emissions (2018-22)

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • EATON
  • Accenture
  • NOVI
  • FINEOS