ireland the best small country in the world for business - how does it compare globally?
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Top destination countries for FDI (by average project value, based on value of jobs)
1ST 17TH 12TH 21ST 18TH 32ND 23RD 5TH 14TH 39TH 2ND 24TH 4TH 7TH 29TH
Source: IBM Global Location Trends Facts and Figures 2012
Skilled Labour is readily available
1ST 57TH 52ND 30TH 47TH 37TH 33RD 34TH 14TH 31ST 15TH 13TH 11TH 32ND 18TH
Source: IMD World Competitiveness Yearbook 2012
Flexibility & Adaptability of Workforce
1ST 2ND 43RD 59TH 45TH 55TH 9TH 50TH 33RD 49TH 21ST 54TH 28TH 23RD 13TH
Source: IMD World Competitiveness Yearbook 2012
Business Legislation – openness to foreign investors
2ND 44TH 52ND 27TH 8TH 25TH 48TH 47TH 6TH 55TH 13TH 26TH 16TH 1ST 21ST
Source: IMD World Competitiveness Yearbook 2012
Q1, 2013
HOW IRELAND COMPARES? THE BEST SMALL COUNTRY IN THE WORLD TO DO BUSINESS.
IREL
AND
BRAZ
IL
CHIN
A
FRAN
CE
GERM
ANY
HUNGA
RYIN
DIA
JAPA
N
NETHER
LANDS
RUSS
IA
SINGA
PORE
SP
AIN
SWIT
ZERL
AND
UK
USA
www.idaireland.com
Ease of Starting a Business
9TH 101ST 124TH 20TH 71ST 32ND 136TH 80TH 54TH 87TH 4TH 122ND 61ST 16TH 11TH
Source: Global Innovation Index 2012
Labour Productivity (PPP) US $
3RD 51ST 55TH 5TH 16TH 32ND 59TH 27TH 9TH 40TH 15TH 10TH 20TH 18TH 4TH
Source: IMD World Competitiveness Yearbook 2012
Investment Incentives (attractive to foreign investors)
1ST 24TH 22ND 20TH 17TH 47TH 36TH 52ND 10TH 49TH 2ND 46TH 4TH 25TH 12TH
Source: IMD World Competitiveness Yearbook 2012
Unit Labour Costs in Manufacturing Sector (% change)
3RD - 45TH 17TH 38TH 6TH 44TH 15TH 14TH 2ND 18TH 24TH 40TH 41ST 12TH
Source: IMD World Competitiveness Yearbook 2012
Higher Education Achievement (% that has attained at least tertiary education)
6TH 51ST 38TH 14TH 35TH 36TH 5OTH 4TH 21ST 36TH 1ST 24TH 21ST 9TH 19TH
Source: IMD World Competitiveness Yearbook 2012
HOW IRELAND COMPARES? THE BEST SMALL COUNTRY IN THE WORLD TO DO BUSINESS.
IREL
AND
BRAZ
IL
CHIN
A
FRAN
CE
GERM
ANY
HUNGA
RYIN
DIA
JAPA
N
NETHER
LANDS
RUSS
IA
SINGA
PORE
SP
AIN
SWIT
ZERL
AND
UK
USA
www.idaireland.com
* Munich rate used for illustrative purposes. Corporation tax rate varies depending on location** Effective rate for non resident companies where income exceeds INR 10 million*** This tax rate illustrates the effective tax rate for the Tokyo area where a company has paid-in
capital of more than JPY 100 million. Corporation tax rate varies depending on location**** Depending on canton of corporate residence ***** 2012 OECD combined corporate tax rate database
Corporate Tax Rate 2012
12.5% 34% 25% 33.33% 33% 19% 42% 38% 25% 20% 17% 30% 21% 24% 39%
* ** *** *********Source: PriceWaterHouseCoopers
Scientific Infrastructure - number of patents in force
Source: IMD World Competitiveness Yearbook 2012
3RD 42ND 39TH 10TH 13TH 41ST 54TH 7TH 26TH 55TH 8TH 32ND 4TH 11TH 12TH
Q1, 2013
Ease of Paying Business Taxes, 2013
6TH 156TH 122ND 53RD 72ND 118TH 152ND 127TH 29TH 64TH 5TH 34TH 18TH 16TH 69TH
Source: PriceWaterHouseCoopers
Old age dependency ratio, 2011
18 11 12 26 31 24 8 37 24 18 13 25 25 26 20
Source: http://data.worldbank.org
Gross domestic product (GDP): per capita, Current US$, 2011
48,423 12,594 5,445 42,377 44,060 14,044 1,489 45,903 50,076 13,089 46,241 31,943 83,383 39,038 48,112
Source: http://data.worldbank.org
Exports of Goods and Services (% of GDP) 2011
107 12 31 27 50 92 25 15 83 31 209 30 51 32 14
Source: http://data.worldbank.org
Birth rate, crude (per 1,000 people)
16 15 12 13 9 10 21 9 11 12 10 11 10 12 14
Source: http://data.worldbank.org