PCI Logo

PharmaChemical Ireland

Join PCI |

Site Search:


You are here: Home  /  About us  /  Industry Profile

Industry Profile




Exports
  • In 2011 the Irish pharmaceutical and chemical sector exported products to the value of €56.1 bn, up 5.4% from €53.2 bn in 2010.
  • Ireland’s pharmaceutical exports are the 7th largest in the world.
  • Ireland is the largest net exporter of Pharmaceuticals in the World.
Education and Skills
  • 45% of people between the age of 25 and 34 in Ireland have a 3rd level qualification placing Ireland 8th in the World for university education attainment., 1ST out of 10 European countries in a 2010 IMD ranking.
  • 25,300 people are employed in the Irish pharma and chemical sector.
  • 46% of which are third-level graduates.
  • 25% of all PhD researchers in Irish industry are employed in the sector.
Innovation
Gross expenditure on R&D in Ireland (government, academic and industry spend) was 1.43% of GDP in 2008; Ireland is committed to increasing R&D spend across the economy to 2.1% of GDP by 2013.

Ireland ranks 1st for FDI and Knowledge transfer.

Trade
Ireland ranks second most globalised economy in the world, ahead of Singapore, Denmark and Switzerland.

Easiest country in Europe in which to pay business taxes.

A corporate tax rate of 12.5% applies to all corporate trading profits.

Strategic location with easy access to the EU.

Source: Ernst and Young Globalisation Index Ranking, World Bank, 2010 IMD, IDA World Trade Organisation Time Series Trade Statistics. CSO, Eurostat, OECD: Science, Technology and Innovation Outlook 2010 Source:
Industry Map

Map of the locations of the pharmachemical companies in Ireland read more »



In this section:

Main site index:


PCI is a part of Ibec Limited which is registered in Ireland.
Registration No. 8706.
Registered address: 84/86 Lower Baggot Street, Dublin 2
www.ibec.ie

Phone +353 (0)1 605 1500 Fax +353 (0)1 638 1500 Email info@ibec.ie


© PharmaChemical Ireland, 2014
PCI is a part of Ibec Limited
84/86 Lower Baggot Street, Dublin 2; Tel: (01) 605 1500; Fax: (01) 638 1500