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
Arts & Other
1%
Public
sector
10%
11%
services
Domestic side of economy adds jobs; MNCs add GVA/high
GVA
wages
Share of
Employment
(2020)
Share of
Wage Bill
(2019)
Share of
Gross Weekly
Earnings €
(2020)
(Q4 2019)
Agriculture
4.5%
1%
1%
N/A
Industry (incl.
Pharma.)
12.2%
15%
38%
916
Real estate
6%
Financial &
insurance
Industry
(incl.
Pharma)
Construction
6.2%
4%
2%
821
Dist., Tran,
25.4%
17%
9%
571
Hotel & Rest
38%
ICT (Tech)
5.4%
9%
17%
1,241
Financial
4.5%
8%
4%
1,235
Real Estate
0.4%
1%
6%
730
4%
Dist, tran,
Professional
10.8%
13%
10%
810
hotel & rest
9%
ICT (Tech)
18%
Public Sector
25.6%
30%
11%
836
Arts & Other
5%
2%
1%
514
2020 Nominal GVA used
Gníomhaireacht Bainistíochta an Chisteáin Náisiúnta
National Treasury Management Agency
Source: CSO
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