Irish Sovereign Green Bonds Update
Multinational activity has distorted Ireland's data;
notwithstanding those issues, MNCs have real impact
Multinationals dominate GVA: profits are booked
here but overstate Irish wealth generation
Arts & Other
1%
Professional
services
9%
Public sector
10%
Domestic side of economy adds jobs; MNCs
add GVA/high wages
Gross Weekly
Earnings € (Q4
Share of
Employment Wage Bill
Share of
Share of
GVA
(2020)
(2019)
(2020)
2019)
Agriculture
4.50%
1%
1%
N/A
Real estate
6%
Industry (incl.
Pharma.)
12.20%
15%
40%
916
Industry (incl.
Pharma)
40%
Construction
6.20%
4%
2%
821
Financia
1 &
Dist., Tran,
Hotel & Rest
25.40%
17%
9%
571
insuran
ce
6%
Dist, tran,
hotel & rest
9%
ICT (Tech)
5.40%
9%
16%
1,241
Financial
4.50%
8%
6%
1,235
Real Estate
0.40%
1%
6%
730
Construction.
ICT (Tech)
16%
Professional
10.80%
13%
9%
810
2%
Agri, forest &.
fish
1%
Public Sector
25.60%
30%
10%
836
Arts & Other
5%
2%
1%
514
Gníomhaireacht Bainistíochta an Chisteáin Náisiúnta
National Treasury Management Agency
Source: CSO
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