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the US: chief of mission: Ambassador Noel FAHEY chancery: 2234 Massachusetts Avenue NW, Washington, DC 20008 telephone: [1] (202) 462-3939 FAX: [1] (202) 232-5993 consulate(s) general: Boston, Chicago, New York, and San Francisco Diplomatic representation from the US: chief of mission: Ambassador James C. KENNY embassy: 42 Elgin Road, Ballsbridge, Dublin 4 mailing address: use embassy street address telephone: [353] (1) 668-8777 FAX: [353] (1) 668-9946 Flag description: three equal vertical bands of green (hoist side), white, and orange; similar to the flag of Cote d'Ivoire, which is shorter and has the colors reversed - orange (hoist side), white, and green; also similar to the flag of Italy, which is shorter and has colors of green (hoist side), white, and red Economy Ireland Economy - overview: Ireland is a small, modern, trade-dependent economy with growth averaging a robust 7% in 1995-2004. Agriculture, once the most important sector, is now dwarfed by industry and services. Industry accounts for 46% of GDP, about 80% of exports, and 29% of the labor force. Although exports remain the primary engine for Ireland's growth, the economy has also benefited from a rise in consumer spending, construction, and business investment. Per capita GDP is 10% above that of the four big European economies and the second highest in the EU behind Luxembourg. Over the past decade, the Irish Government has implemented a series of national economic programs designed to curb price and wage inflation, reduce government spending, increase labor force skills, and promote foreign investment. Ireland joined in circulating the euro on 1 January 2002 along with 11 other EU nations. GDP (purchasing power parity): $126.4 billion (2004 est.) GDP - real growth rate: 5.1% (2004 est.) GDP - per capita: purchasing power parity - $31,900 (2004 est.) GDP - composition by sector: agriculture: 5% industry: 46% services: 49% (2002 est.) Labor force: 1.92 million (2004 est.) Labor force - by occupation: agriculture 8%, industry 29%, services 63% (2002 est.) Unemployment rate: 4.3% (2004 est.) Population below poverty line: 10% (1997 est.) Household income or consumption by percentage share: lowest 10%: 2% highest 10%: 27.3% (1997) Distribution of family income - Gini index: 35.9 (1987) Inflation rate (consumer prices):
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