Ireland’s Ocean Economy · 2019-06-10 · ireland’s ocean economy 2018 direct impact (semru,...
Transcript of Ireland’s Ocean Economy · 2019-06-10 · ireland’s ocean economy 2018 direct impact (semru,...
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Ireland’s Ocean EconomyJune 2019 Update
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BREAKDOWN
www.nuigalway.ie/semru
Employment (FTEs)
Direct Employment (FTEs)0
2K
4K
6K
8K
10K
12K
14K
16K
18K
20K
Turnover Value Added
Turnover (€m) Direct GVA (€m)0 0
500
100
200
300
400
500
600
700
800
1000
1500
2000
2500
Shipping & Maritime Transport
Seafood (Fisheries, Aquaculture and Processing)
Tourism & Leisure in Marine and Coastal Areas
Marine Manufacturing, Construction and Engineering
Offshore Oil & Gas Exploration and Production
Marine Retail Services
Maritime Commerce
Advanced Marine Technology Products & Services
Marine Biotechnology & Bioproducts
Marine Renewable Energy
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IRELAND’SOCEAN ECONOMY 2018
DIRECT IMPACT(SEMRU, UPDATE JUNE 2019)
TOTAL (DIRECT & INDIRECT)
TRENDS & TARGETS
34,130EMPLOYEES
1.16%% GDP
€6.23 BNTURNOVER
€2.23 BNGVA
2%% GDP
1.8%€4.2 BN
GVA
2007BASELINE
1.2%
20
18 STATUS 2%
2030 TARGET 2.4%
2016(Actual)
2018(Estimate)
HOOW Targets
% Change2014-2016
(Actual)
% Change2016-2018(Estimate)
GVA €2.00bn €2.23bn 33%* 11%**
Employment(FTEs) 30,208 34,132 10% 13%***
% GDP (Direct) 0.9% 1.1%
% GDP (Direct& Indirect) 2% 2.4%
(2030)
Turnover €5.52bn €6.23bn €6.4bn (2020) 18% 13%
* Nationalgrowthovertheperiodestimatedat16%(GNI)** Nationalgrowthovertheperiodestimatedat10% (GNI)*** Nationalemploymentgrowthovertheperiodestimatedat3%
HARNESSING OUR OCEAN WEALTH TARGETS: DoublethevalueofOurOceanWealthto2.4%ofGDPby2030
Increasetheturnoverfromouroceaneconomytoexceed€6.4billionby2020
TARGET