Dáil Éireann Debate, Thursday - 11 May 2017
254. Deputy Niall Collins asked the Minister for Jobs, Enterprise and Innovation the percentages of tradeable exports made by foreign and indigenous firms in the year for which the most recent data are available. [22636/17]
Amharc ar fhreagraFor Ireland as a small open economy, sustainable long term growth is dependent on continued success in international markets. Although the global economy has been in a low growth phase over the last five years, Ireland’s internationally traded sector has driven solid economic growth, demonstrating its ability to rebound following a deep recessionary period. Our export led strategy is delivering jobs throughout the economy – there have been almost 209,000 jobs created since 2012 and the unemployment rate is now down to 6.2%.
In terms of agency supported enterprises, total exports for 2015 (latest data available) amounted to €171 billion. Of that, exports of Irish-owned agency assisted firms were €18.7bn, equating to almost 11% of total exports by agency supported enterprises, as illustrated in the following table.
In terms of Direct Economic Expenditures (materials and services sourced in Ireland and payroll), Irish-owned firms account for just over half of the total expenditure in the Irish economy by agency supported firms in 2015, as set out in the following tables.
Exports - agency supported enterprises
|
2013 |
2014 |
2015 |
|
|
€'000 |
€'000 |
€'000 |
|
|
Foreign Owned |
126,696 |
134,963 |
152,577 |
|
Irish Owned |
14,909 |
16,569 |
18,731 |
|
Total |
141,605 |
151,532 |
171,308 |
|
Irish owned as % of total |
10.53% |
10.93% |
10.93% |
Direct - Economy Expenditures
|
Farms |
|||
|
Foreign Owned |
19,061 |
20,471 |
20,818 |
|
Irish Owned |
18,844 |
20,605 |
21,793 |
|
Total |
37,905 |
41,076 |
42,611 |
|
Irish owned as % of total |
49.71% |
50.16% |
51.14% |
