Economy
The most important sectors of Ireland’s economy in 2018 were industry (36.5%), information and communication (12.1%) and wholesale and retail trade, transport, accommodation and food service activities (11.7%) and public administration, defence, education, human health and social work activities (10.5%). Currency: EURO GDP Per Capita: 78,661.0 USD (2019) GDP Growth Rate: 5.5%annual change (2019) Gross Domestic Product: 393,849.94 million (2019) GNI Per Capita: 68,060 PPP dollars (2019)
Ireland
Foreign Trade
Ireland’s main export partners are the US, the UK and Belgium, while its main import partners are the UK, the US and Germany. Exports: The top exports of Ireland are Blood, antisera, vaccines, toxins and cultures ($32.9B), Packaged Medicaments ($28.1B), Nitrogen Heterocyclic Compounds ($17.6B), Scented Mixtures($8.75B), and Medical Instruments ($6.61B) Imports: The top imports of Ireland are Planes, Helicopters, and/or Spacecraft ($11.1B), Unpackaged Medicaments ($6.56B), Computers ($3.87B), Packaged Medicaments ($3.27B), and Refined Petroleum ($3.26B). Ireland exports mostly to United States ($49.3B), United Kingdom ($18.5B), Belgium-Luxembourg ($17B), Germany ($12.7B), and Switzerland ($8.74B), and imports mostly from United Kingdom ($27.4B), United States ($17.7B), Germany ($14.2B), Netherlands ($4.54B), and France ($4.4B).
Finances with EU
Breakdown of Ireland’s finances with the EU: Total EU spending in Ireland: 2.064 billion Total EU spending as %of Irish gross national income (GNI): 0.82% Total Irish contribution to the EU budget: 2.320 billion Irish contribution to the EU budget as % of its GNI: 0.92%