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Net foreign liabilities of retail banks 2002-10
-20000
0
20000
40000
60000
80000
100000
120000
140000
160000
2003 2004 2005 2006 2007 2008 2009 2010
€m
illio
n
Relative scale: austerity compared to bank creditor bail-out
Note: Based on Smyth and Barnes, 2013; IBRC not treated as Govt sector; ignores deficit reducing guarantee fees etc post 2013.
20082009
20102011
20122013
20142015
-505
101520253035
Austerity relative 2008 budgetBkg contribution to deficit
Annual€bn
20082009
20102011
20122013
20142015
020406080
100120140160180
Austerity relative 2008 budgetBkg contribution to deficit
Cumulative€bn
Note: Banking data based on Smyth and Barnes, 2013; IBRC not treated as Govt sector; ignores deficit reducing guarantee fees etc post 2013. Green bar includes the value of the Government’s holdings of bank equity
20082009
20102011
20122013
20142015
-505
10152025303540
Austerity relative 2008 budgetBkg contribution to deficitBkg outlay including investment
Annual€bn
020406080
100120140160180
Austerity relative 2008 budgetBkg contribution to deficitBkg outlay including investment
Cumulative€bn
Relative scale: austerity compared to bank creditor bail-out
99 00 01 02 03 04 05 06 07 08 09 10 11 12 13 1425000
30000
35000
40000
45000
50000
GDPGNP
Ireland: GDP, GNP 1999-2014Quarterly €mn
99 00 01 02 03 04 05 06 07 08 09 10 11 12 13 141600
1700
1800
1900
2000
2100
2200
Total employment
Ireland: Total employment thousands, quarterly 1999-2014
Ireland: Construction employment thousands, quarterly 1999-2014
99 00 01 02 03 04 05 06 07 08 09 10 11 12 13 1480
100
120
140
160
180
200
220
240
260
280
Construction employment
Q1
19
96
Q4
19
96
Q3
19
97
Q2
19
98
Q1
19
99
Q4
19
99
Q3
20
00
Q2
20
01
Q1
20
02
Q4
20
02
Q3
20
03
Q2
20
04
Q1
20
05
Q4
20
05
Q3
20
06
Q2
20
07
Q1
20
08
Q4
20
08
Q3
20
09
Q2
20
10
Q1
20
11
Q4
20
11
Q3
20
12
Q2
20
13
Q1
20
14
Q4
20
14
50
100
150
200
250
300
350
Dublin ESRI
Dublin CSO
Real House Prices Dublin 1996-2014
Irish 10-year yields and spread over bunds 1995-2015
Jan-95
Jan-96
Jan-97
Jan-98
Jan-99
Jan-00
Jan-01
Jan-02
Jan-03
Jan-04
Jan-05
Jan-06
Jan-07
Jan-08
Jan-09
Jan-10
Jan-11
Jan-12
Jan-13
Jan-14
Jan-150
2
4
6
8
10
12
14
Ireland
Germany%
Irish 10-year yields and spread over bunds 2007-2013
Jul-07 Jan-08 Jul-08 Jan-09 Jul-09 Jan-10 Jul-10 Jan-11 Jul-11 Jan-12 Jul-12 Jan-130
2
4
6
8
10
12
14
Ireland
Germany%