LMI of IE0

 

As an international trading economy, Ireland is heavily dependent on foreign trade and influenced by global markets. Ireland is regularly cited as one of the most open markets in the world and rates highly in globalisation indexes. Ireland has recovered from a prolonged recession, the Central Bank estimating GDP growth of 4.7% in 2018 and forecasting growth of 4.2% for 2019, remaining amongst the highest in the EU. This strong growth is accompanied by a continuing fall in unemployment, down from 6.9% in Q3 2017 to 6.0% in Q3 2018, alongside an increase in the employment rate from 68% in Q3 2017 to 69.1% in Q3 2018.”

 

 

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