Ireland ECONOMY Their per capita GDP is $41,700 They have a
14.6% unemployment rate 5.5% of their population is below the
poverty line. Their GDP real growth rate is.7% Their inflation rate
is 1.3% Their budget surplus or deficit is -8.5%
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IRELAND INDUSTRIES Pharmaceuticals Chemicals Computer hardware
and software Food products Beverages and brewing Medical
devices
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GDP COMPOSED BE SECTOR Agriculture: 2% Industry: 29% Services:
69%
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LABOR FORCE BY OCCUPATION Agriculture: 5% Industry: 19%
Services: 76%
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$113.6 billion Machinery and equipment Chemicals Computers
Medical devices Pharmaceuticals Food products Animal products
EXPORTS Exports UK 39.8% US 13% Germany 7.8% Netherlands 5.8%
Export Partners
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$63.1 billion Data processing equipment Any other machinery and
equipment Chemicals Petroleum and other petroleum products Textiles
clothing UK 39.8% US 13% Germany 7.8% Netherlands 5.8% IMPORTS
Imports Import Partners
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FOOD Bacon and Cabbage Nettle Soup Colcannon Irish Brown Bread
Champ Leek and Potato Soup
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LANGUAGES English Irish
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CLOTHING Kilt Tunic Dress Knee Stockings Black Jackets
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ETHNIC GROUPS Irish 87.4% Other white 7.5% Asian 1.3% Black
1.1% Mixed 1.1% Unspecified 1.6%
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MUSIC
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CLIMATE There is cool summers Ireland is consistently humid
Mild winters There is an overcast most of the time
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NATURAL RESOURCES Peat Copper Lead Zinc Natural gas Silver
Limestome
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GEOGRAPHY 70,273 sq. km Ireland is slightly larger than West
Virginia Coast Line: 1,448 km
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CURRENT EVENT The Bank of Ireland is striving to emerge from
the wreckage of the countrys deep banking debt crisis, and on
Monday posted a smaller underlying loss, but its road back to
restoring profitability remains long. The bank was a among a group
of six stricken lenders that needed enormous amounts of money from
Irish taxpayers to keep them from immediate collapse when Irelands
over-inflated property market burst horribly over five years ago.
Compared with nationalized rivals Allied Irish Banks and Permanent
TSB PLC, it shows the healthiest signs of being on mend.But, with
Irelands economic recovery slower than expected, predicting when
Irelands dysfunctional banking system has firmly turned the corner
remains as difficult as ever to predict, analysts say.