Ireland Economy - 1986

GEOGRAPHICAL NAMES 

GNP $16.0 billion (1984), $4,440 per capita; 64.5% consumption, 23.3% investment, 21.0% government, 2.4% inventories;

• — 11.0% net foreign demand; 2.4% real GNP (1984)

Natural resources: zinc, lead, natural gas, barite, copper, gypsum, limestone, dolomite, peat, silver

Agric ulture: 70% of agricultural area used for permanent hay and pasture; main products—livestock and dairy products, turnips, barley, potatoes, sugar beets, wheat; 85% self-sufficient; food shortages—grains, fruits, vegetables

Fishing: catch 197,000 metric tons (1983), exports of fish and fish products $97 million (1982), imports of fish and fish products $36 million (1982)

Major industries: food products, brewing, textiles and clothing, chemicals and pharmaceuticals, machinery and transportation equipment

Crude steel: 200,000 metric tons produced (1984); 330,000 metric ton capacity (1984)

Electric power: 4,087,000 kW capacity (1985); 11.938 billion kWh produced (1985), 3,325 kWh per capita

Exports: $9 64 billion (1982); foodstuffs (primarily dairy products), computers, live animals, machinery, chemicals, clothing

Imports: $9.58 billion (c.i.f., 1984); machin ery, petroleum and petroleum products, chemicals, semifinished goods, cereals

Major trade partners: exports—68.7% EC (34.4% UK, 102% FRG, 8.4% France), 9.8% US, 1.0% Communist (1984); imports— 64.6% EC(43% UK, 7.4% FRG, 4.8% France), 16.5% US, 1.8% Communist (1984);

Budget: (1985 est.) expenditures, $7.98 billion; revenues, $6.69 billion; deficit, $1.29 billion

Monetary conversion rate: 0.8541 Irish pound=US$I (October 1985)

Fiscal year: calendar year

NOTE: The information regarding Ireland on this page is re-published from the 1986 World Fact Book of the United States Central Intelligence Agency and other sources. No claims are made regarding the accuracy of Ireland 1986 information contained here. All suggestions for corrections of any errors about Ireland 1986 should be addressed to the CIA or the source cited on each page.