Ireland - Economic sectors

Strong growth (55 percent growth from 1993 to 1999) has been the recent trend in the Irish economy, but it lacks consistency across all sectors. Agriculture (forestry and fishing), as a share of total GDP, has seen a steady decline, while the fastest growth has occurred in industry, particularly high-tech industry. The expanding service sector accounted for 56 percent of GDP in 1998. Ireland's economy has remained the fastest growing economy in the EU and compares favorably with developed

economies worldwide in terms of growth, output, trade volume, and employment levels.