From Poor Economy to the Celtic Tiger

Analyse of the statistics

First statistic:

The topic of the first statistic is the Gross Domestic Product (GDP) per Capita in Ireland in the last 54 years. The graph was published in “Total Economy Database, http://www.ggdc.net”. It shows a bar chart with many boxes. On the horizontal axis you can see every year from 1951 to 2006. The vertical axis shows the GDP/Capita in Euro.

In 1956, the GDP was about 4000 Euro per Capita, in the next ten years is this factor consistently. In 1960, the earning rises until about 1973. Then Ireland became a member of the European Economic Community (EEC), the earnings reached 7000 Euro. It steadily increased, in 1990, Ireland gain 10000 Euro GDP/Capita. More than 23000 Euro was arrived in 2000, this is a very certain rate. In 2006, the GDP/Capity was 26000 euro. So all in all the Gross Domestic Product per Capita in Ireland increases very continually.

Second statistic:

The title of the bart chart is “Ireland’s Economic Growth, 1970-2004”. It is taken from the Ireland Central Statistic Office and Organisation for Economic Co-operation and Development, Economic Outlook. You can see the growth of the Gross Domestic Product per Capita in percent on the vertical line. On the horizontal line are the years from 1970 to 2004 in periods. The boxes shows three different territories: EU, U.S. and Ireland. In the time of 1970 to 1979, you can see that Ireland has the highest GDP growth with almost five percent, EU and U.S. have only three percent. From 1980 to 1987, Ireland is still the winner, but the growth falls and it is only 3 percent. EU has 1,8%, U.S. 2,5 %. From 1988 to 1993, Ireland has clearly the best growth with 4,6 percent. The other have less than 2,5%. But in 1994 until about 2004, Ireland has a bombastic growth of nearly 8%, while the other has not so much. So this graphic approves the increase of the GDP from the first statistics.

Third statistic:

The third statistic “GDP/Capita and GNP/Capita) is a line graph. It shows the development of Gross Domestic Product per Capita in Ireland in Euro. You can see the period from 1985 to 2002. The source is the Central Statistics Office. The line graph shows the constant rise of the GDP and the Gross National Product, GNP (value of the goods and services the inhibitants of Ireland actually consume). Both are nearly parallel to each other. In 1995 both lines goes very high. In 2000 was the GDP/Capita higher than the GNP/Capity. The GDP rises from 8000 Euro to almost 25000 Euro, the GNP from 7000 Euro to 19000 Euro.