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Ireland

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Country summary

Capital

Dublin

Borders

UK 360 km

Government type

republic, parliamentary democracy

Population

4,203,200 (July 2010 est.)[1]

Population growth

1.12% (2010 est.)[1]

Life expectancy

78.24 years[1]

Unemployment

11.8% (2009 est.)[1]

Index of Economic Freedom

5[2]

Corruption Perceptions Index

14[3]

Doing Business ranking

7[4]


Celtic tribes arrived on the island between 600-150 B.C. Invasions by Norsemen that began in the late 8th century were finally ended when King Brian BORU defeated the Danes in 1014. English invasions began in the 12th century and set off more than seven centuries of Anglo-Irish struggle marked by fierce rebellions and harsh repressions. A failed 1916 Easter Monday Rebellion touched off several years of guerrilla warfare that in 1921 resulted in independence from the UK for 26 southern counties; six northern (Ulster) counties remained part of the UK. In 1949, Ireland withdrew from the British Commonwealth; it joined the European Community in 1973. Irish governments have sought the peaceful unification of Ireland and have cooperated with Britain against terrorist groups. A peace settlement for Northern Ireland is gradually being implemented despite some difficulties. In 2006, the Irish and British governments developed and began to implement the St. Andrews Agreement, building on the Good Friday Agreement approved in 1998.[1]

Economical characteristics[]

  • Currency: Euro (ISO code: EUR)
  • Central bank discount rate: 3% (31 December 2008)[1]
  • Commercial banks lending rate: 6.76% (31 December 2008)[1]
  • is part of the Eurozone


Statistics[]

Statistic / Year 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008
GDP (million USD)[5] 96 421 96 596 104 688 122 520 157 384 184 970 201 676 222 414 260 871 267 576
Govt. debt (% of GDP)[6] 49.367 40.125 36.785 34.741 33.607 32.024 31.830 27.868 27.176
Govt. revenue (% of GDP)[7] 32.370 32.369 30.685 29.505 29.916 31.202 32.458 33.957 33.071
Govt. expenses (% of GDP)[8] 30.558 27.789 29.337 29.608 29.750 29.985 30.538 30.657 31.989
Debt to revenue (years) 1.525 1.240 1.199 1.177 1.123 1.026 0.981 0.821 0.822

References[]

Note: statistical data was rounded. Different sources may use different methodologies for their estimates. Debt to revenue is calculated by dividing the two variables from their original ('unrounded') values. It represents how long it would a government take to repay its entire debt if it used its whole revenue for this purpose.

  1. ↑ 1.0 1.1 1.2 1.3 1.4 1.5 1.6 CIA - The World Facebook. "Ireland", from The World Facebook. Referenced 2010-09-29.
  2. ↑ Heritage Foundation. "Ireland", Economic Freedom Score. A lower ranking is better; but please be careful when comparing between different countries or years. Referenced 2010-09-29.
  3. ↑ Transparency International. "Ireland", Corruption Perceptions Index 2009. A lower ranking is better; but please note that the numbers cannot be compared between countries or years due to different methodology. Referenced 2010-09-29.
  4. ↑ Doing Business. "Ireland", Doing Business 2010 (part of The World Bank Group). A lower ranking is better; but please be careful when comparing between different countries or years. Referenced 2010-09-29.
  5. ↑ World Bank. "Ireland: GDP", from World Bank Data. Referenced 2010-09-29.
  6. ↑ World Bank. "Ireland: government debt", from World Bank Data. Referenced 2010-09-29.
  7. ↑ World Bank. "Ireland: government revenue", from World Bank Data. Referenced 2010-09-29.
  8. ↑ World Bank. "Ireland: government expenses", from World Bank Data. Referenced 2010-09-29.

External links[]

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