The monthly minimum wage in Ireland is USD 1253. In relation to consumer prices, the inflation rate in Ireland is 0.6%. The currency of Ireland is the euro. There are several plural forms of the name "euro". These are euros, euros. The symbol used for this currency is € and is abbreviated as EUR. The euro is divided into cents; There are 100 in one euro. Every year, consumers spend around 112,466 million US dollars. The ratio of consumer spending to GDP in Ireland is 0.05% and the ratio of consumer spending to world consumer market is 34%. Corporation tax in Ireland is 12.5%. Personal income tax ranges from 20% to 40% depending on your specific situation and income level. VAT in Ireland is 23%.
Gross domestic product
Total Gross Domestic Product (GDP) calculated as Purchasing Power Parity (PPP) in Ireland is US$236,398 billion. The gross domestic product (GDP), calculated as purchasing power parity (PPP) per capita, was in Ireland at 49,211,158 US dollars. The PPP in Ireland is considered very good compared to other countries. A very good PPP indicates that citizens of this country find it easy to buy local goods. Local goods can include food, shelter, clothing, healthcare, personal hygiene, essential furnishings, transportation and communications, laundry, and various types of insurance. Countries with very good purchasing power parities are safe locations for investments. The total gross domestic product (GDP) in Ireland is 232,077 billion. Based on this statistic, Ireland is considered as one large economy. Countries with large economies support a variety of industries and businesses and offer numerous investment opportunities. Large economies have an extensive financial sector that facilitates the organization of investments and financial transactions. It should be very easy to find good investment opportunities in Ireland. The gross domestic product (GDP) per capita in Ireland was last at 48,311,652 US dollars. The average citizen in Ireland is very wealthy. Countries with very high per capita wealth have a longer life expectancy and a very high standard of living. There are highly skilled workers in many industries and labor is very expensive in these countries. Very wealthy countries offer safe investment opportunities as they are often backed by a diverse and thriving financial sector. The annual GDP growth rate in Ireland averaged 3.6% in 2014. Based on this percentage, Ireland is currently experiencing modest growth. Modest growth countries offer safe investment opportunities; Their expanding economy suggests that businesses, jobs and incomes will grow accordingly.