the story behind the numbers
DESCRIPTION
The story behind the numbers. Volume GDP (annual % Changes). 1948 – 2010. GDP & GNP (Seasonally Adjusted). Q1 2002 – Q3 2011. GDP. GNP. Sector Composition of GDP. 2010. 2007. Importance of MNEs. Number of Enterprises by Size Class. Importance of Top 50 enterprises. - PowerPoint PPT PresentationTRANSCRIPT
The story behind the numbers
Volume GDP (annual % Changes)
1948 – 2010
GDP & GNP (Seasonally Adjusted)
GDP
GNP
Q1 2002 – Q3 2011
Sector Composition of GDP
20102007
Importance of MNEs
Number of Enterprises by Size Class
Importance of Top 50 enterprises
Imports, Exports &Trade Balance (Jan – Sept 2011)
Food
Fuel
Chemicals
Machinery&Equip
Other Goods
Insur & Finan Servs
Computer services
Royalties/licences
Business services
Other services
-30000 -20000 -10000 0 10000 20000 30000 40000
Net Exports
Outflows (€ Billions) – Goods, Services & Profits
2007 2010
Royalties/Licences €18.6 €28.5
Profits €26.5 €27.8
Two speed economy
Industrial Production (Base: Year 2000 = 100)
Employment and Unemployment
Q200 Q201 Q202 Q203 Q204 Q205 Q206 Q207 Q208 Q209 Q210 Q21154
56
58
60
62
64
66
68
70
0
2
4
6
8
10
12
14
16
Employment rate and unemployment rate (%), 2000 to 2011
Employment rateUnemployment rate
Employment change by sector
Growth in Employment2004 – 2007
Loss in Employment2007 – 2011
Unemployment Rates (%) by Region
Unemployment Rates (%) 2007 vs 2010
Who has been effected most by employment loss?
% Change Q2 2008 – Q2 2011
Regions most affected by employment loss
How enterprises have reduced Wage Bill
Employment
Average Hourly Earnings
Average Hours
54%
37%29%
12%
3%4%
20% 13%
9%
4%
2008 – 2009
65%
Residential Property Prices
(Base: Jan 2005 = 100)
Negative Equity by age cohort & size
Negative Equity
Negative Equity
Mortgage
Age
Dwelling vacancy rates
Vacant dwellings & Holiday Homes Vacant dwellings only
Household Savings
2002 2003 2004 2005 2006 2007 2008 2009 2010 -
20
40
60
80
100
120
0%
2%
4%
6%
8%
10%
12%
14%
16%
GDI PCE Savings Ratio
€bill
ion
s
Rat
io
Household Investments & Savings
Impact on Well-being
(Base: Year 2007 = 100)
Overall Population Change
Components of Population Change
Actual and Projected dependency ratios
Projections based on M0F1 assumptions
Constituency populations 2011
Key message
Everything is inter-
connected
Take a closer look
www.cso.ie
Dates for your diary
Balance of Payments Seminar
Coach House - Dublin Castle
23rd February, 9.30am
Register: [email protected]
How Enterprises changed their wage bills in the downturn
By Kieran Walsh, CSO
Statistical and Social Inquiry
Society of Ireland
Royal Irish Academy, 9th February, 6pm