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2004
IDA Ireland
Annual Report

Statistics

This section gives comprehensive data in relation to IDA activity and also updates historic data to enable year on year comparisons. It details the impact of IDA supported companies in 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.

Employment in IDA Supported Companies

  1995 1996 1997 1998 1999 2000 2001 2002 2003 2004
New Jobs filled 11,921 13,153 14,663 15,909 17,629 22,998 13,052 10,928 9,576 10,825
Number of Companies 964 1,035 1,096 1,155 1,261 1,246 1,141 1,099 1,063 1,022
Full time Employment 92,389 99,491 109,155 117,745 126,239 141,178 136,491 132,379 128,749 128,946
Net change in full time Employment 6,790 7,102 9,664 8,590 8,494 14,939 -4,687 -4,112 -3,630 197
% Net change 7.90% 7.70% 9.70% 7.90% 7.20% 11.80% -3.30% -3.00% -2.70% 0.20%
Job Losses -5,131 -6,051 -4,999 -7,319 -9,135 -8,059 -17,739 -15,040 -13,206 -10,628
Job Losses as % of Total Jobs -5.60% -6.10% -4.60% -6.20% -7.20% -5.70% -13.00% -11.40% -10.30% -8.20%
Other Employment 11,584 9,444 13,523 15,176 15,602 14,650 11,893 11,942 13,756 16,741

Source: Forfás Employment Survey

Origin Of IDA Supported Companies - 2004

Origin No. of companies Total employment
US 478 90,236
Germany 140 11,158
UK 116 6,824
Rest of Europe 209 16,163
Asia Pacific 46 3,002
Rest of the World 33 1,563
Total 1,022 128,946

Economic Impact of IDA Supported Companies

  2001 € Billion 2002 € Billion 2003 € Billion % Change 2002/2003
Sales €67.93bn €71.04bn €71.97bn 1.30%
Exports €63.45bn €66.83bn €68.02bn 1.80%
Direct Expenditure in the economy €16.03bn €15.36bn €15.47bn 0.70%
of which:
Payroll costs €5.41bn €5.15bn €5.08bn -1.30%
Irish materials €5.27bn €5.07bn €4.49bn -11.50%
Irish services €5.35bn €5.14bn €5.90bn 14.80%
Direct Expenditure as % of Sales 23.60% 21.60% 21.50%

Source: Based on the Annual Business Survey of Economic Impact, co-ordinated by Forfás and administered by the Survey Unit of the Economic and Social Research Institute (ESRI).

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 2004 (grossed-up to reflect non-respondents). Results can vary from previous estimates due to revisions made by companies and differences in the profile of respondents from one survey period to the next.

New Jobs By Sector - IDA Supported Companies

Sector 2000 2001 2002 2003 2004
Pharmaceuticals and Healthcare 1,376 1,495 1,522 1,438 1,433
Information and Communication Technologies (ICT) 8,758 3,392 2,603 2,542 2,946
Engineering 1,477 1,005 593 576 478
Miscellaneous Industry 1,048 760 720 318 205
International and Financial Services 10,339 6,400 5,490 4,702 5,763
Total 22,998 13,052 10,928 9,576 10,825

Source: Forfás Employment Survey

Note 1: New jobs are all new first time jobs and jobs filled in companies recovering their employment levels from cutbacks in previous years.

Note 2: Sectors are defined by NACE code, which is the standard statistical classification of economic activities in the EU.

Total Employment By Sector - IDA Supported Companies

Sector 2000 2001 2002 2003 2004 % change 2003/2004
Pharmaceuticals and Healthcare 17,873 18,605 19,016 19,326 19,985 3.40%
Information and Communication Technologies (ICT) 51,775 46,311 43,499 41,362 41,887 1.30%
Engineering 18,109 17,613 16,536 15,372 13,989 -9.00%
Miscellaneous Industry 11,600 10,492 10,047 9,282 8,243 -11.20%
International and Financial Services 41,821 43,470 43,281 43,407 44,842 3.30%
Total 141,178 136,491 132,379 128,749 128,946 0.20%

Source: Forfás Employment Survey

Note: Sectors are defined by NACE code, which is the standard statistical classification of economic activities in the EU.

Total Employment By Region - IDA Supported Companies

Area/Region 2000 2001 2002 2003 2004 % change 2003/2004
Border
North-West/Donegal 5,570 5,605 5,861 5,916 5,998 1.40%
North-East 5,483 4,346 4,286 3,765 3,634 -3.50%
West & Mid-West
West 13,089 12,988 11,793 11,878 11,868 -0.10%
Mid-West 14,554 13,854 11,991 11,155 11,017 -1.20%
Midlands & East
Midlands 6,046 5,814 5,666 5,022 4,952 -1.40%
East 66,960 63,286 62,368 60,790 61,005 0.40%
South
South-West 19,618 20,272 19,534 19,332 19,718 2.00%
South-East 9,858 10,326 10,880 10,891 10,754 -1.30%
TOTAL 141,178 136,491 132,379 128,749 128,946 0.20%

Source: Forfás Employment Survey.

 

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