Investor Presentaiton
Multinational activity distorts Ireland's data
Notwithstanding those issues, MNCs have real positive impact
Multinationals dominate GVA: profits are booked here but
overstate Irish wealth generation
Professional
services
10%
Arts & Other
1%
Public
sector
Domestic side of economy adds jobs; MNCs add GVA/high
wages
Share of
Employment
Share of
Share of Wage
Bill (2021)
GVA
(2022 Q1)
(2021)
Agriculture
4.1%
1%
1%
9%
Real estate
6%
Financial &
insurance
5%
Industry
(incl.
Pharma)
Industry (incl.
Pharma.)
12.5%
14%
40%
Construction
6.4%
4%
2%
40%
Dist., Tran, Hotel
23.2%
17%
8%
& Rest
ICT (Tech)
6.6%
10%
18%
Dist, tran,
hotel & rest
8%
Construction
2%
Agri, forest
& fish
1%
ICT (Tech)
18%
Financial
4.9%
8%
5%
Real Estate
0.5%
1%
6%
Professional
10.7%
14%
10%
Public Sector
26.7%
29%
9%
Arts & Other
4.4%
2%
1%
Gníomhaireacht Bainistíochta an Chisteáin Náisiúnta
National Treasury Management Agency
Source: CSO
2021 Real GVA used
53
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