Strong economic growth has returned to Ireland
Welfare transfers have narrowed income gaps but more needs to be done to get people into work
Productivity growth remains modest, hindering long-term prospects
Strong growth is returning to Ireland
Regained competitiveness contributes to Irish exports
The recovery is well underway and becoming more broad-based
Debt and non-performing loans are high
Balancing the budget would put debt on a downward trend
Property markets are reviving
Wellbeing indicators are mixed
Ireland performs well in some inclusiveness dimensions¹
Income support for the long-term unemployed is generous in Ireland
Marginal effective tax rates are high for low income families
Long-term unemployment is high
Numeracy skills are lacking
The cost of childcare is high
Ireland's trend GDP growth rate has declined
Investment in Knowledge Based Capital has slowed
Ireland's market income GINI is the highest in the OECD
Ireland's disposable income GINI is below the OECD average
The increase in market income inequality in Ireland was largely driven by employment effects
Internationally income is becoming more concentrated at the top
Share of the bottom 20% households in market income is low in Ireland
Risk of poverty is high without social transfers
Skill-based wage differentials are high in Ireland
Skill mismatches are high
A low proportion of adults have high-level skills
Average tax wedge is low for the low paid and close to the OECD average for the higher paid
Some undesirable jumps in the marginal effective tax rate are built into the current system
Lower income households with children face additional disincentives to work
Taxes on property are low by international standards
The standard VAT rate is high but the revenue base is narrow
The Irish labour market is exceptionally open to migration flows
Destinations and origins have changed over time
Migration is concentrated in youngest cohorts
The size of the Irish youth cohort has decreased
Salaries for recent graduates have declined
Many emigrants were in employment prior to their departure
One out of five Irish emigrants is employed in the health and social work sector
Net migration is expected to remain negative in the short run
The share of the foreign born population that is well-educated is high
Migration is large among highly educated individuals
Immigrants were particularly hit by the crisis
Over-qualification and mismatches rates are higher for foreign-born
Chances of having a well-matched job depend on field of study