Billy Kelleher
Question:280. Deputy Billy Kelleher asked the Minister for Business, Enterprise and Innovation the 2018 and 2019 rankings for each metric used for Ireland (details supplied). [24843/19]
View answerTuesday, 18 June 2019
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The IMD's World Competitiveness Yearbook assesses countries across the globe using over 230 competitiveness indicators. It ranks and analyses the ability of nations to create and maintain a competitive business environment and as a result, foster prosperity and long-term value creation. It considers competitiveness using a mixture of quantitative and qualitative data.
In the 2019 IMD report, Ireland is ranked 7th out of 63 economies – an improvement of five places from 2018. Amongst the euro area countries, Ireland is ranked 2nd most competitive, which represents an increase of one place since 2018
Ireland improved its rankings from 2018 in three out of the four core pillars of competitiveness assessed by the IMD – Economic performance, 6th (up 5 places), Government efficiency, 11th (up 2 places), Business efficiency, 3rd (up 7 places) and Infrastructure, 23rd (down 2 places).
Annual change in rankings for selected sub indicators are presented in the following table.
|
Sub-indicators |
2019 |
2018 |
|
Export concentration by partner |
57th |
55th |
|
Export concentration by product |
47th |
50th |
|
Skilled Labour is readily available |
12th |
20th |
|
Maintenance and development of infrastructure are adequately planned and financed |
33rd |
33rd |
|
Total R&D spend as a % of GDP |
35th |
32nd |
|
Total public expenditure on education per capita |
15th |
17th |
|
Total public expenditure on education as a % of GDP |
54th |
55th |
|
Apartment (3-room) monthly rent |
55th |
51st |
|
Office rent occupation cost |
54th |
53rd |
|
Overall |
7th |
12th |