APPENDIX A. COUNTRY DATA - IRELAND 1. PROFILE - Population: 3.5 million - Population Growth Rate (0.7 percent) - Religion: Roman Catholic (97 percent) - Government System: Constitutional Republic - President: Ms. Mary Robinson - Prime Minister: Albert Reynolds - Ambassador to the United States: Dermot Gallagher - Most recent election: November 26, 1992. - Languages: English and Irish (Gaelic) - Work Week: 39 hours 2. DOMESTIC ECONOMY 1992 1993 1994 (E) Source -GDP (Current) ($Bn) 50.6 46.1 50.7 (a) -GDP growth rate (%) 2.5 2.5 4.0 (a) GDP Projected Average Growth Rate through 1996: 4.0% (e) -GDP per capita ($) 14,457 13,171 14,486 (a) -Government spending as % of GNP 38.5 37.7 36.6 (a) -Inflation (CPI) (%) 3.0 1.5 2.75 (a) -Unemployment (%) 15.5 15.75 15.25 (a) -Foreign Exchange Reserves ($Bn) 2.9 6.3 6.6 (a) -Average Exchange Rate ($1.00=punt) 0.58 0.68 0.67 (a) -Average Exchange Rate (1 punt=$) 1.71 1.47 5 (a) -Foreign Debt ($Bn) 18.5 16.6 NA (a) -Debt Service Ratio (ratio of principal and interest payments on foreign debt to foreign income) 4.3 4.2 3.8 (a) -U.S. Economic Assistance ($mn) 19.7 19.7 19.7 (d) -U.S. Military Assistance ($mn) none none none 3. TRADE 1992 1993 1994 (E) Source -Total exports (F.O.B. $Bn) 27.8 26.5 28.1 (b) -Total imports (C.I.F. $Bn) 22.2 20.7 22.2 (b) -Exports to U.S. (C.I.F. $Bn) 2.3 2.6 NA (b) -Imports from U.S. (F.A.S. $Bn) 3.2 3.3 NA (b) -U.S. share of Irish imports (%) 14.4 15.9 NA -Imports of Manufactured Goods -- Total ($Bn) 17.6 NA NA (b) --- Projected Average Growth Rate Through 1996: NA -- From the U.S. ($Bn) 2.8 NA NA (b) --- Projected Average Growth Rate Through 1996: NA -- U.S. share of manufactured imports (%) 15.9 NA NA --- Trade balance with U.S. ($Bn) -0.7 NA NA -Imports of Agricultural Goods -- Total ($Bn) 2.9 NA NA (b) --- Projected Average Growth Rate Through 1996: NA -- From the U.S. ($Bn) 0.3 NA NA (b) --- Projected Average Growth Rate Through 1996: NA -- U.S. share of agricultural imports (%) 4.9 NA NA --- Trade Balance with U.S. ($Bn) -0.1 NA NA -Trade Balances with Leading Trade Partners ($Bn): - 1. United Kingdom -1.24 NA NA (b) - 2. United States -0.9 -0.7 NA (b) - 3. Germany +1.74 NA NA (b) NOTE: Because of the abolition of customs procedures within the EU at the beginning of 1993, there has been a serious disruption to trade data within the Community. Detailed Irish trade data for 1993 is due to be published in July 1994. On account of collection errors and bias, there will be grave doubts over the accuracy of this data -Principal Imports from the United States (1992): - HS Code Title - 75 Office machinery and ADP equipment - 77 Electrical machinery, apparatus and appliances - 79 Aircraft - 71 Power generating machinery and equipment -Principal Exports to the United States (1992): - HS Code Title - 75 Office machinery and ADP equipment - 54 Medical and pharmaceutical products. - 51 Organic chemicals - 77 Electrical machinery, apparatus and appliances NOTE: Ireland does not publish its trade data at the four digit HS tariff item code. Trade data is largely published by SITC code. 4. INVESTMENT 1992 1993 1994 (E) Source Total Foreign Direct Investment ($Bn) 14.4 16.0 NA (c) Total U.S. Direct Investment ($Bn) 7.2 8.0 NA (c) Share (%) 50.0 50.0 NA Principal Foreign Investors: United States, United Kingdom and Germany Sources: (a) Central Bank of Ireland (b) Central Statistical Office (c) U.S. Department of Commerce (d) International Fund for Ireland, Annual Report 1993 (e) Economic and Social Research Institute, Medium Term Review, 1991-96