
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.
| 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 |
| 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.
| 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.
| 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.
| 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 |
| 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
| 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
| 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.