| Click for the Finfacts Ireland Portal Homepage |

Finfacts Business News Centre

News Main Page 
 
 News
 Irish
 European
 International
 Asia-Pacific Business Week
 
 Analysis/Comment

RSS FEED


How to use our RSS feed

 
Web Finfacts

Welcome

Finfacts is Ireland's leading business information site and you are in its business news section.

We provide access to live business television and business related videos from: Bloomberg TV; The Wall Street Journal; CNBC and the Financial Times. Click image:

Links

Finfacts Homepage

Global News

Bloomberg News

CNN Money

Cnet Tech News

Newspapers

Irish Independent

Irish Times

Irish Examiner

New York Times

Financial Times

Technology News

 

Feedback

 

Search

News : Irish Last Updated: Dec 19th, 2007 - 13:17:15


Measuring Ireland's Progress 2006 report: Benchmarks against other EU countries in economic, social and environmental areas
By Finfacts Team
Apr 30, 2007, 13:44

Email this article
 Printer friendly page

Source: CSO

 

The report Measuring Ireland's Progress, 2006, published by the CSO today, shows the progress made in Ireland in important economic, social and environmental areas. As well as showing developments over time, the report benchmarks the situation in Ireland against the other EU Member States.

Key findings of the report include:

 

  • In 2005 Ireland had the second highest GDP per capita in the EU 27 at 38.9% above the EU 25 average. However, based on GNI, Ireland was in fifth place at 18.6% above the EU 25 average (Table 1.3).

  • Investment in Ireland in Gross Fixed Capital Formation (GFCF) increased by almost 43% over the period 1996-2005. In each year since 1997, Ireland has invested a higher proportion of GDP in GFCF than the EU 25 average (Graph 1.9).

  • Life expectancy at birth was estimated at 81.8 years for Irish women and 77.1 years for Irish men in 2005. Life expectancy for men in Ireland was 1.3 years above the estimated EU 25 average of 75.8 years, while that for women was 0.1 years below the EU 25 average of 81.9 years (Table 6.4).

  • Ireland's international trade competitiveness has deteriorated since 2000, mainly due to higher inflation and an appreciating euro (Table 1.15). Over the period 1999-2006, the euro increased in value against the dollar by 17% (Table 1.16).

  • The employment rate in Ireland rose from 56.1% in 1997 to 68.1% in 2006. The rate for women increased by over 14 percentage points over that period, while the rate for men rose by around 10 percentage points (Table 3.1). Productivity in Ireland, measured as GDP per person employed, was the second highest in the EU 27 in 2005 (Graph 3.4).

  • The unemployment rate in Ireland increased from a low point of 3.6% in 2001 to 4.3% in 2006 (Graph 3.5). Ireland had the third lowest unemployment rate in the EU 27 in 2006 at just over half of the EU 27 average of 7.9% (Table 3.6). The long-term unemployment rate in Ireland was 1.4% in 2005, which was lower than the EU27 average of4%(Table 3.8).

  • The employment rate of persons aged 55-64 at 51.7% was higher than the EU 27 average of 42.3% in 2005. However only 37.4% of women in Ireland in this age group were in employment compared to 65.7% of men (Table 3.11).

  • Over 6% of men and 7.5% of women in Ireland were in consistent poverty in 2005 (Table 4.7). Unemployed people were most likely to be in consistent poverty (Graph 4.8).

  • The proportion of Irish people at risk of poverty, after pensions and social transfer payments were taken into account, was 20% in 2005. This was one of the highest rates in the EU 27. The effect of pensions and social transfers on reducing the at-risk-of-poverty rate was low in Ireland compared with other EU 27 countries (Table 4.5).

  • Ireland's net official development assistance amounted to 0.42% of GNI in 2005. This was below both the UN 2007 target of 0.7% of GNI and the interim Irish Government 2002 target of 0.45% of GNI (Table 4.13). Non-capital public expenditure on education per student rose by 45.2% between 1996 and 2005, after allowing for inflation. Most of the increased expenditure was directed towards primary and secondary education (Table 5.1).

  • The pupil-teacher ratio at primary level in Ireland in the school year 2003/2004 was one of the highest in the EU 27 at 18.3. Twelve of the other EU 27 member states had a pupil-teacher ratio of less than 15 at primary level (Table 5.4).

  • Early school leavers represented 12.3% of the 18-24 age group in Ireland in 2006 (Table 5.12). The unemployment rate for early school leavers in this age group was 19% in 2006 compared with an unemployment rate of 8.2% for all persons aged 18-24 (Table 5.10).

  • The population in Ireland increased by 15.7% to almost 4.24 million persons in the period 1997-2006 (Table 7.1). This was the second highest rate of increase in the EU 27 behind Cyprus (Graph 7.3). The fertility rate in Ireland was the second highest in the EU 27 after France in 2005, at a rate of 1.88 compared to an EU 25 average of 1.52 (Table 7.10).

  • An average of €2,223 (at constant 2003 prices) per person was spent on non-capital public expenditure on health care in Ireland in 2004. This represented an increase of over 80% on the 1995 level (Table 6.1).

  • Ireland's greenhouse gas emissions were at 125.4% of 1990 levels in 2005. This was 12.4% higher than the Kyoto 2008-2012 target for Ireland of 113% of 1990 levels (Graph 10.1).

  • The percentage of waste landfilled in Ireland decreased from 71.6% in 2003 to 65.4% in 2005. Glass and ferrous, aluminium and other metals were the materials most likely to be recycled with 64.4% of glass waste and 53.8% of metal waste recycled in 2005 (Table 10.8).


© Copyright 2007 by Finfacts.com

Top of Page

Irish
Latest Headlines
C&C reports plunge in UK cider sales; Revenue and profit margin to fall 10% in year to February 29, 2008
Shannon Development calls for urgent national launch of high-speed fibre Broadband infrastructure across Ireland
Irish SMEs can reduce costs by adopting Green IT
Irish construction employment fell 5.4% in year to November 2007 - actual job losses were about 15,000
Two Dublin Firms "score major deals" during South Africa Trade Mission
Dublin Airport: DAA to start work on €55m extension to Terminal One
Forfás says Employment in IDA and Enterprise Ireland client firms grew by 1,187 in 2007; Over 18,500 people were employed in research activities across Ireland in 2007
Wyeth Ireland invests €5 million in Dublin and creates 24 jobs
Irish Consumer sentiment fell slightly in December 2007
Aer Lingus begins Belfast-London Heathrow service; Ryanair's Michael O'Leary visits Shannon on last day of Aer Lingus service to London
Martin welcomes over 50 Irish Firms on South African Trade Mission
Irish Construction: December data signalled record falls in activity - housing, civil engineering and commercial sectors
Britvic Ireland to cut 60 jobs in Cork
Irish Live Register increased 2,100 in December; Grew 14,987 in 2007 to 171,800 at end of December
Irish Public Service Benchmarking Body Report: Increases recommended for just 15 of the 109 grades examined
Irish Financial Services Ombudsman says complaints increased 15% in 2007
Nuclear Power in Ireland: Government calls for a debate without a deadline to avoid having to make decision
Irish Industrial Sector had best year in 2007 since 2002
Irish National Employment Rights Authority carries out 14,000 inspections; Recovers €2.5m in arrears for workers; Martin launches "major publicity campaign"
Horizon Technology hit by falling revenue and bad debt provision increase of €0.8 million