Irish Regions Office Website

December 15, 2004

Ireland: Second Highest GDP in the EU

According to the latest data from Eurostat, the Statistical Office of the European Communities, Ireland had the second highest GDP per capita in the EU in 2003. At 133% of the EU25 average Ireland was second only to Luxembourg, at 215% (however GDP per capita in Luxembourg tends to be overestimated, due to the large share of cross-border workers in total employment)

The revised data for 2003 shows Denmark, Austria, the Netherlands, the United Kingdom and Belgium all around 20% above the EU25 average. Sweden and Finland recorded figures about 15% above average, and France, Germany and Italy around 10% above average. Spain was just below the EU25 average, and Cyprus, Greece and Slovenia about 20% below. Malta and Portugal were around 25% below average, the Czech Republic about 30% below, and Hungary about 40% below. Slovakia and Estonia were around half the average, while Lithuania, Poland and Latvia recorded figures between 40% and 50% of the EU25 average. Further details at:
http://http://epp.eurostat.cec.eu.int/cache/ITY_PUBLIC/2-03122004-BP/EN/2-03122004-BP-EN.PDF

Posted by iroauthor at December 15, 2004 12:50 AM