IMD World Competitiveness Booklet 2021

COMPETITIVENESS TRENDS - OVERALL IRELAND

OVERALL PERFORMANCE (64 countries)

BASIC FACTS Capital Land area (square km '000)

Rank

Dublin

2017 2018 2019 2020 2021

70 2020

6

7

0.876 2020 4.98 2020 418.6 2020 94,707 2020 -0.46 2020 5.70 2020 2.45 2020 4.82 2020 1,120.3 2019 -12.00 2019 3.4 2020

Exchange Rate (per $)

12

12

13

53

Population - market size (millions)

CHALLENGES IN 2021 The evolution of the COVID-19 virus and emergence of vaccine resistant variants. • The evolution of the COVID-19 virus and emergence of vaccine resistant variants. • Vaccine supply and roll out of the vaccination programme. • Increase in ‘scarring’ including structural unemployment. • De-globalisation. • Premature accommodative policy withdrawal.

27

Gross Domestic Product (GDP) (US$ billions)

3

GDP (PPP) per capita (US$)

1

Real GDP growth (%)

10

Consumer price inflation (%)

27

Unemployment rate (%)

52

Labor force (millions)

13

Current account balance (% of GDP)

8

Direct investment stocks inward ($bn)

IDA Ireland Provided by: IDA Ireland

63

Direct investment flows inward (% of GDP)

COMPETITIVENESS LANDSCAPE

Economic Performance

Government Efficiency

Business Efficiency

Infrastructure

Domestic Economy

International Trade

International Investment Employment Prices

Public Finance

Tax Policy

Institutional Framework Business Legislation

Societal Framework

Productivity & Efficiency Labor Market Finance

Management Practices

Attitudes and Values

Basic Infrastructure

Technological Infrastructure Scientific Infrastructure

Health and Environment Education

3

5

6

11

11

12

13

14

17 16

18

18

19

19

20

21

31

34

40

46

PEER GROUPS RANKINGS EUROPE - MIDDLE EAST - AFRICA (41 countries)

POPULATIONS < 20 MILLION (35 countries)

2017 2018 2019 2020 2021

2017 2018 2019 2020 2021

3

5

4

6

9

10

7

11

8

9

77

IMD WORLD COMPETITIVENESS BOOKLET 2021