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 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.

Indicator 2006 Value
No. of Greenfield Projects 39
No. of Expansion Projects 32
Capital Investment in Approved Projects €2.6bn
Average Salary in New Investments € 42,000
Annual Corporate Tax Payments of IDA Client Companies €2.8bn (est)
No. of Approved R&D Capability and Research,Technology Development and Innovation Projects by IDA Client Companies 54
Employment Creation (New Jobs) 11,846
IDA supported / initiated Industry-Academia R&D Collaborations 5
No. of IDA Client Companies investing more than €250,000 per annum on R&D 212
No. of IDA Client Companies with significant corporate R&D mandate 168
No. of IDA Client Companies with mandate to supply product and services to Europe, Middle East and Africa (EMEA) markets 500

 

Economic impact of IDA Supported Companies
  € billion2003 € billion2004 € billion2005 % Change 2004-2005
Sales 72.469 73.872 77.371 4.7%
Exports 68.574 69.819 73.769 5.7%
Direct Expenditure in the Economy of which 15.874 15.510 14.922 - 3.8%
Payroll Costs 5.269 5.615 5.724 1.9%
Irish Materials 4.441 3.733 3.438 -7.9%
Irish Services 6.164 6.162 5.760 - 6.5%
Direct Expenditure as % of Sales 21.9% 21.0% 19.3%

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 2006 (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 in IDA Supported Companies
Sector 2002 2003 2004 2005 2006
Pharmaceuticals & Healthcare 1,522 1,490 1,443 1,154 1,065
Information & Communications Technologies (ICT) 2,615 2,457 2,815 3,147 3,386
Engineering 609 580 514 419 385
Miscellaneous Industry 684 314 150 412 377
International & Financial Services 5,071 4,558 6,050 6,900 6,633
Total 10,501 9,399 10,972 12,032 11,846

Source: Forfás Annual Employment Survey 2006

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.

 

Cost per Job Sustained
Constant 2006 Prices
  1991 - 1997 1992 - 1998 1993 - 1999 1994 - 2000 1995 - 2001 1996 - 2002 1997 - 2003 1998 - 2004 1999 - 2005 2000 - 2006
IDA Ireland(€) 20,218 19,319 17,021 15,841 15,776 17,925 17,620 15,641 13,758 12,485

Source: Forfás Annual Employment Survey 2006

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 of IDA Supported Companies
Origin No. of Companies Total Employment
US 470 95,515
Germany 122 10,782
UK 111 7,356
Rest of Europe 201 16,504
Asia Pacific 39 2,991
Rest of the World 37 2,339
Total 980 135,487

 

Total Employment by Region in IDA Supported Companies
Area / Region 2002 2003 2004 2005 2006 % change
BORDER
North-West / Donegal 5,861 5,916 5,998 5,709 5,107 -10.5%
North-East 4,286 3,717 3,628 3,478 3,385 -2.7%
WEST & MID-WEST
West 11,858 11,977 11,963 12,949 12,896 -0.4%
Mid-West 11,963 11,128 11,001 11,372 11,746 +3.3%
MIDLANDS & EAST
Midlands 5,639 4,976 4,903 5,413 5,383 -0.6%
East 61,318 60,272 60,993 62,052 64,777 +4.4%
SOUTH
South-West 19,526 19,279 19,715 19,927 20,840 +4.6%
South-East 11,077 11,055 10,900 10,792 11,353 +5.2%
Total - IDA IRELAND 131,528 128,320 129,101 131,692 135,487 +2.9%

Source: Forfás Annual Employment Survey 2006.

 

Employment In IDA Supported Companies
  1997 1998 1999 2000 2001 2002 2003 2004 2005 2006
New Jobs Filled 14,582 15,812 17,738 22,802 12,847 10,501 9,399 10,972 12,032 11,846
Number of Companies 1,089 1,152 1,258 1,250 1,176 1,097 1,066 1,025 1,009 980
Full-time Employment 108,588 117,447 126,094 140,784 136,167 131,528 128,320 129,101 131,692 135,487
Net Change in Full-time Employment 9,707 8,859 8,647 14,690 - 4,617 - 4,639 -3,208 781 2,591 3,795
% Net Change +9.8% +8.2% +7.4% +11.7% - 3.3% - 3.4% - 2.4% +0.6% +2.0% +2.9%
Job losses -4,875 - 6,953 - 9,091 - 8,112 - 17,464 - 15,140 - 12,607 - 10,191 - 9,441 -8,051
Job losses as % Total Jobs -4.5% -5.9% -7.2% -5.8% - 12.8% - 11.5% - 9.8% - 7.9% - 7.2% - 5.9%
other Employment 13,465 15,159 15,573 14,641 11,938 12,322 14,710 17,106 17,455 16,607

Source: Forfás Annual Employment Survey 2006.

 

Total Employment by Sector in IDA Supported Companies
Sector 2002 2003 2004 2005 2006 % Change 2005-2006
Pharmaceuticals & Healthcare 19,016 19,378 20,047 20,191 20,207 +0.1%
Information & Communications Technologies(ICT) 43,158 40,838 41,480 42,544 43,661 +2.6%
Engineering 16,730 15,529 14,153 13,749 13,161 - 4.3%
Miscellaneous Industry 9,845 9,105 8,062 7,952 7,437 - 6.5%
International & Financial Services 42,779 43,470 45,359 47,256 51,021 +8.0%
Total 131,528 128,320 129,101 131,692 135,487 +2.9%

Source: Forfás Annual Employment Survey 2006.

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