Irish Sovereign Green Bonds Update
220
60
40
20
2005
2006
2007
140
120
100
80
2008
2009
2010
2011
2012
2013
Sizeable inflows of intellectual property into Ireland by
tech. & pharma. in recent years: exports & jobs created
Ireland is a leader in Computer Services;
Exports have trebled since 2014
Enormous inflows of IP assets into Ireland
since 2015 on the back of BEPS reforms
2014
2015
2016
2017
2018
2019
Computer Services Exports (€bn)
Chemical Products (€bn)
% of World Computer Services Exports (RHS)
....% of World Chemical Products Exports (RHS)
Gníomhaireacht Bainistíochta an Chisteáin Náisiúnta
National Treasury Management Agency
18.0%
300
16.0%
14.0%
250
12.0%
10.0%
8.0%
6.0%
4.0%
2.0%
0.0%
€billions, Constant prices
150
100
200
50
c. €500bn in
IP assets
transferred
to IE since
2015
All
1995-2014
2015
2016-19
I 2015 once-off IP assets increase estimate
I Fixed Capital Investment - IP assets
Source: IMF, UN Comtrade, CSO, NTMA Economics Calculations
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