Cyber Monday Deal: Up to 60% off InvestingProCLAIM SALE

Ireland reports net immigration for first time since 2009

Published 23/08/2016, 13:04
Ireland reports net immigration for first time since 2009

DUBLIN (Reuters) - Ireland has registered its first year of net immigration since 2009, statistics showed on Tuesday, as the rate of Irish nationals leaving Europe's fastest growing economy fell sharply.

Net immigration to Ireland peaked at over 100,000 at the height of its housing boom in 2008, but the country lost around 30,000 people per year during its 2010-2013 EU-IMF bailout.

Migration added 3,000 people to Ireland's population in the year to April 2016, the first increase in seven years, the central statistics office said in an annual release.

Net emigration of Irish nationals fell to 10,700 from 23,200 the previous year, while net immigration by non-Irish nationals increased to 13,800 from 11,600.

Emigration has been an emotive issue since the Great Famine of the 1800s when around one million people fled. Large numbers of Irish graduates emigrated to England in the 1980s and 1990s before the economy took off in the early years of the century.

Ireland's economy is forecast to grow faster than any other in Europe for the third straight year in 2016, with the government forecasting gross domestic product to grow by 3.4 percent.

The unemployment rate has fallen to 8 percent from 15 percent since 2012.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.