\"Ireland's'

Ireland's' Central Bank in Dublin Photo by: Google Images

Irish among the wealthiest in Europe despite recession

\"Ireland's'

Ireland's' Central Bank in Dublin Photo by: Google Images

Despite high unemployment and mass emigration, Irish citizens remain among the wealthiest in Europe, according to the latest figures from  the European statistics office Eurostat.

Research shows that Ireland has the third highest GDP per capita in the EU in 2010.

The data was calculated in terms of how much expendable income is available for purchasing power standards, where were listed at 128 percent.
____________________
Read More:
More news from Ireland on IrishCentral

Call for new jobs plan from Irish Government as unemployment continues to rise

Ireland's unemployment crisis - job bridge scheme and the future
_____________________
Ireland’s GDP is just behind the Netherlands at 116 percent, however there is a clear downward trend between 2008 and 2010, when it fell that more than 13 percent.

During the period of 2008-2010 Ireland has experienced the biggest decline, alongside Estonia, Latvia and Lithuania, and Iceland.

The figures also show that consumers in Ireland are still paying 20 percent more than their average EU counterpart for goods and services.

COMMENTS

Log in with your social accounts:

Or, log in with your IrishCentral account:

Forgot your password ?

Don't have an account yet? Register now !

Join IrishCentral with your social accounts:


Already have an account ?

For Newsletter Subscribers – Draw for 1 Prize on December 31st.

Prize: Your Piece of Ireland – a Square of Land in the heart of the Glens of Antrim, Ireland

More details here (or you can buy a little piece of Ireland directly): http://bit.ly/1zew9ox

Terms & Conditions

Or, sign up for an IrishCentral account below:

By clicking above you are indicating that you have read & agree to our Terms and Privacy Policy.


Make sure we gathered the correct information from you

By clicking above you are indicating that you have read & agree to our Terms and Privacy Policy.


You already have an account on IrishCentral! Please confirm you're the owner.


Our new policy requires our users to save a first and last name. Please update your account: