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Ireland Economy
GDP:
purchasing power parity - $116.2 billion (2003 est.)
GDP - real growth rate:
1.4% (2003 est.)
GDP - per capita:
purchasing power parity - $29,600 (2003 est.)
GDP - composition by sector:
agriculture: 5%
industry: 46%
services: 49% (2002 est.)
Investment (gross fixed):
22.9% of GDP (2003)
Population below poverty line:
10% (1997 est.)
Household income or consumption by percentage share:
lowest 10%: 2%
highest 10%: 27.3% (1997)
Distribution of family income - Gini index:
35.9 (1987)
Inflation rate (consumer prices):
3.5% (2003 est.)
Labor force:
1.871 million (2003)
Labor force - by occupation:
agriculture 8%, industry 29%, services 64% (2002 est.)
Unemployment rate:
4.7% (2003 est.)
Budget:
revenues: $53.22 billion
expenditures: $53.5 billion, including capital expenditures of $5.5 billion (2003)
Public debt:
31.2% of GDP (2003)
Industries:
food products, brewing, textiles, clothing; chemicals, pharmaceuticals, machinery, transportation equipment, glass and crystal; software
Industrial production growth rate:
6.7% (2003 est.)
Electricity - production:
23.53 billion kWh (2001)
Electricity - production by source:
fossil fuel: 95.9%
hydro: 2.3%
other: 1.7% (2001)
nuclear: 0%
Electricity - consumption:
21.63 billion kWh (2001)
Electricity - exports:
285 million kWh (2001)
Electricity - imports:
38 million kWh (2001)
Oil - production:
0 bbl/day (2001 est.)
Oil - consumption:
174,400 bbl/day (2001 est.)
Oil - exports:
27,450 bbl/day (2001)
Oil - imports:
178,600 bbl/day (2001)
Oil - proved reserves:
0 bbl (1 January 2002)
Natural gas - production:
815 million cu m (2001 est.)
Natural gas - consumption:
4.199 billion cu m (2001 est.)
Natural gas - exports:
0 cu m (2001 est.)
Natural gas - imports:
3.384 billion cu m (2001 est.)
Natural gas - proved reserves:
9.911 billion cu m (1 January 2002)
Agriculture - products:
turnips, barley, potatoes, sugar beets, wheat; beef, dairy products
Current account balance:
$-2.994 billion (2003)
Exports:
$98.31 billion f.o.b. (2003 est.)
Exports - commodities:
machinery and equipment, computers, chemicals, pharmaceuticals; live animals, animal products (1999)
Exports - partners:
US 20.5%, UK 18.1%, Belgium 12.6%, Germany 8.3%, France 6.1%, Netherlands 5.1%, Italy 4.6% (2003 est.)
Imports:
$57.54 billion f.o.b. (2003 est.)
Imports - commodities:
data processing equipment, other machinery and equipment, chemicals; petroleum and petroleum products, textiles, clothing
Imports - partners:
UK 34.9%, US 15.8%, Germany 7.9%, Netherlands 4.1% (2003 est.)
Reserves of foreign exchange & gold:
$4.152 billion (2003)
Debt - external:
$11 billion (1998)
Economic aid - donor:
ODA, $283 million (2001)
Currency:
euro (EUR)
note: on 1 January 1999, the European Monetary Union introduced the euro as a common currency to be used by financial institutions of member countries; on 1 January 2002, the euro became the sole currency for everyday transactions within the member countries
Currency code:
EUR
Exchange rates:
euros per US dollar - 0.886 (2003), 1.0626 (2002), 1.1175 (2001), 1.0854 (2000), 0.9386 (1999)
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