Is Ireland Really the Wealthiest Country in the World?

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According to some analysts, Ireland ranks as one of the richest countries in the world, with a GDP per capita higher than Luxembourg and Switzerland. In fact, its impressive growth in the final quarter of 2022 single-handedly kept the Eurozone out of recession. In this video, we’ll look at Ireland’s impressive GDP figures, how it achieved rapid economic growth, and whether we can actually trust the data.

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1 - https://en.wikipedia.org/wiki/List_of_countries_by_GDP_(PPP)_per_capita
2 - https://en.wikipedia.org/wiki/List_of_countries_by_GDP_(PPP)_per_capita
3 - https://www.ft.com/content/e1cfecd4-e429-4151-963e-0d172ed0e028
4 - https://www.ft.com/content/e1cfecd4-e429-4151-963e-0d172ed0e028
5 - https://www.ft.com/content/e1cfecd4-e429-4151-963e-0d172ed0e028
6 - https://en.wikipedia.org/wiki/Economic_history_of_the_Republic_of_Ireland
7 - https://data.worldbank.org/indicator/NY.GDP.PCAP.CD?end=2021&locations=IE-FR-DE-GB&start=1980
8 - https://en.wikipedia.org/wiki/Celtic_Tiger
9 - https://www.rte.ie/news/business/2018/0417/955163-iphone-effect-on-irish-economy/
10 - https://en.wikipedia.org/wiki/Leprechaun_economics
11 - https://www.imf.org/Publications/fandd/issues/2019/09/the-rise-of-phantom-FDI-in-tax-havens-damgaard
12 - https://www.centralbank.ie/docs/default-source/publications/economic-letters/vol-2021-no-1-is-ireland-really-the-most-prosperous-country-in-europe.pdf

00:00 Introduction
01:43 Ireland's Economic History
04:15 How did Ireland grow so Fast?
04:53 Can We Trust Ireland's GDP?