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IDA Annual Report 2009

statistics_

This section gives comprehensive data in relation to IDA activities and also updates historic data to enable year-on-year comparisons. It details the impact of IDA supported companies on the economy, the cost per job created and sustained and also provides the updated employment data for comparison with previous years, by sector and region.

As a result of the joint marketing programs and initiatives undertaken by IDA Ireland and its sister agencies, Ireland is rapidly gaining a reputation as a keen competitor for global Research and Innovation from both multinationals and world-leading research institutes.

 

IDA Ireland Indicators

Indicator 2008 Value
No. of Greenfield Projects 35
No. of Expansion Projects 39
Capital Investment in Approved Projects €1.5 billion
Annual Corporate Tax Payments of IDA Client Companies €3 billion (est)
No. of Approved Research, Development and Innovation Projects by IDA Client Companies 56
Employment Creation (New Jobs) 8,837
IDA supported / initiated Industry-Academia R&D Collaborations 18
No. of IDA Client Companies investing more than €250,000 per annum on R&D 204
No. of IDA Client Companies with significant corporate R&D mandate 170

 

Economic Impact of IDA Supported Companies

All Sectors 2005
€billion
2006
€billion
2007
€billion
% Change
2006-2007
         
Sales 84,243 90,128 96,345 6.9%
Exports 80,095 86,064 91,844 6.7%
Direct Expenditure in the economy 14,620 14,499 15,840 9.2%
         
of which:        
Payroll costs 6,082 6,265 6,784 8.3%
Irish Materials 3,091 2,445 2,496 2.1%
Irish Services 5,447 5,789 6,560 13.3%
Direct Expenditure as % of Sales 17.4% 16.1% 16.4%  

Source: Based on the Annual Business Survey of Economic Impact, co-ordinated by Forfás and administered
by Insight Statistical Consulting.

Note 1: The Survey is based on manufacturing and internationally traded services companies with 10 or more
employees (excluding regulated financial services companies).

Note 2: Results are based on companies responding to the survey in 2008 (grossed-up to reflect non-respondents).
Results can vary from previous estimates due to revisions made by companies and differences in the base
of respondents from one survey period to the next.

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New Jobs by Sector in IDA supported companies

Sector 2004 2005 2006 2007 2008
           
Pharmaceuticals 1,464 1,148 803 1,083 659
Computer, Electronic & Optical Equipment 911 641 1,749 546 638
Medical/Dental Instruments & Supplies 1,398 2,200 1,296 1,259 1,131
Metals & Engineering 818 745 594 492 517
Miscellaneous Industry 184 459 369 238 283
International & Financial Services (incl. Software) 6,184 6,848 7,055 6,358 5,609
Total 10,959 12,041 11,866 9,976 8,837

Source: Forfás Annual Employment Survey 2008

Note: Previously, the classification of economic activity used in the Annual Employment Survey was Nace Rev. 1.1. An updated classification has now been developed (Nace Rev.2) which is implemented in the Annual Employment Survey 2008. The employment statistics in this report provides an employment time-series for the period 1999-2008 based on Nace Rev.2 classification.

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IDA Cost Per Job Sustained

  1993 / 1999 1994 / 2000 1995 / 2001 1996 / 2002 1997 / 2003 1998 / 2004 1999 / 2005 2000 / 2006 2001 / 2007 2002 / 2008
                     
IDA Ireland (€) 18,730 17,432 17,360 19,725 19,389 17,212 15,139 13,739 13,735 13,202

Source: Forfás Annual Employment Survey 2008
Note: The cost per job sustained is calculated by taking into account all IDA Ireland expenditure to all firms in the period of calculation.
Only jobs created during and sustained to the end of each seven year period are credited in the calculations.

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Origin of IDA Supported Companies

Origin No. Companies 2008 Permanent Employment 2008
     
United States 464 93,987
Germany 103 10,119
United Kingdom 108 7,775
France 46 3,950
REST OF EUROPE 164 14,226
     
Japan 28 2,641
REST OF ASIA-PACIFIC 15 371
     
REST OF WORLD 52 2,974
Total 980 136,043

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Total Employment by Region in IDA Supported Companies

Area / Region 2004 2005 2006 2007 2008 % change 2007/2008
             
Border            
North-West/Donegal 5,995 5,697 5,090 4,885 4,934 +1.0%
North-East 3,655 3,543 3,514 3,602 3,297 -8.5%
             
West & Mid-West            
West 12,193 13,197 13,015 12,802 12,782 -0.2%
Mid-West 10,085 10,381 10,825 10,558 10,242 -3.0%
             
Midlands & East            
Midlands 4,876 5,394 5,382 5,301 5,110 -3.6%
East 60,928 62,309 65,121 65,537 64,753 -1.2%
             
South            
South-West 21,124 21,480 22,286 22,339 22,866 +2.4%
South-East 11,198 11,098 11,655 12,226 12,059 -1.4%
             
IDA Ireland 130,054 133,099 136,888 137,250 136,043 -0.9%

Source: Forfás Annual Employment Survey 2008

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Employment In IDA Supported Companies

Employment Data 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008
                     
New Jobs Filled 17,847 22,723 12,951 10,576 9,360 10,959 12,041 11,866 9,976 8,837
Number of
Companies
1,262 1,255 1,186 1,111 1,082 1,044 1,037 1,021 1,016 980
Full-time
Employment
127,411 141,716 137,197 132,741 129,395 130,054 133,099 136,888 137,250 136,043
Net Change in
Full-time
Employment
8,674 14,305 -4,519 -4,456 -3,346 659 3,045 3,789 362 -1,207
% Net Change +7.3% +11.2% -3.2% -3.2% -2.5% +0.5% +2.3% +2.8% +0.3% -0.9%
Job Losses -9,173 -8,418 -17,470 -15,032 -12,706 -10,300 -8,996 -8,077 -9,614 -10,044
Job Losses as
% Total Jobs
-7.2% -5.9% -12.7% -11.3% -9.8% -7.9% -6.8% -5.9% -7.0% -7.4%
Other
Employment
15,574 14,728 11,944 12,382 14,776 17,103 17,667 16,952 15,925 13,402

Source: Forfás Annual Employment Survey 2008
Note 1: Other Employment includes Part-Time, Temporary and Short-Term Contract employees
Note 2: Agency Workers are not included in this data

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Total Employment by Sector

IDA supported companies

Sector 2004 2005 2006 2007 2008 % Change 2007/2008
             
Pharmaceuticals 20,708 20,789 20,700 20,959 20,703 -1.2%
Computer, Electronic &
Optical Equipment
19,940 19,825 20,552 20,207 19,197 -5.0%
Medical/Dental
Instruments & Supplies
16,709 18,325 18,728 19,280 19,447 +0.9%
Metals & Engineering 16,729 16,130 15,591 14,451 13,574 -6.1%
Miscellaneous Industry 8,185 8,112 7,589 7,316 6,747 -7.8%
International & Financial
Services (incl. Software)
47,783 49,918 53,728 55,037 56,375 +2.4%
Total 130,054 133,099 136,888 137,250 136,043 -0.9%

Source: Forfás Annual Employment Survey 2008
Note: Previously, the classification of economic activity used in the Annual Employment Survey was Nace Rev. 1.1. An updated classification has now been developed (Nace Rev.2) which is implemented in the Annual Employment Survey 2008. The employment statistics in this report provides an employment time-series for the period 1999-2008 based on Nace Rev.2 classification.

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