Ireland Ireland vs Slovenia Slovenia development indicators, 2024

Indicator
Ireland
Ireland, Value
Slovenia
Slovenia, Value
Ireland
Ireland, Rank
Slovenia
Slovenia, Rank
Ireland Ireland as % of
Slovenia Slovenia
Exports of goods and services (% of GDP) 148 81.5 5 12 181 %
GDP per capita (current US$) 107,316 34,089 3 36 315 %
GDP per capita, PPP (current international US$) 131,175 56,531 3 34 232 %
Imports of goods and services (% of GDP) 105 74.9 7 16 141 %
Inflation, consumer prices (annual %) 2.11 1.97 109 115 108 %
Net migration 39,059 3,319 28 60 1,177 %
Population, total 5,380,257 2,126,324 120 148 253 %

Demography and Health

Ireland has a crude birth rate of 10.3 per 1,000 people compared to Slovenia's 8, indicating a relatively higher population growth rate. However, Ireland also faces a lower crude death rate at 6.6 versus Slovenia's 10.2, placing it at a rank of 80 for death rate while Slovenia is ranked 49. The life expectancy at birth in Ireland is 82.9 years, slightly higher than Slovenia's 82 years, which reflects the overall health outcomes in both nations. Ireland has a lower under-5 mortality rate at 3.8 per 1,000 live births, compared to Slovenia's 2.2, ranking 28th and 79th respectively. Interestingly, Ireland and Slovenia both exhibit a 2.5% prevalence of undernourishment, suggesting similar food security status. Ireland shows a higher number of physicians per 1,000 people (4.1) compared to Slovenia (3.3), which may contribute to better healthcare access.

Economy

Ireland's economy is significantly stronger with a GDP per capita of $107,316, compared to Slovenia's $34,089, ranking them 5th and 52nd globally. In terms of purchasing power parity (PPP), Ireland again leads with $131,175 against Slovenia's $56,531. The export sector is notable in Ireland, with exports of goods and services constituting 148% of its GDP, far greater than Slovenia's 81.5%, indicating a highly export-oriented economy. Ireland's inflation rates (2.1%) are marginally higher than Slovenia's (2%), and it also has a higher total unemployment rate of 4.3% compared to Slovenia's 3.7%, reflecting differing labor market dynamics.

Trade and Investment

Iceland excels in high-technology exports, with a value of $91.4 billion compared to Slovenia's $4.2 billion. This disproportion signifies Ireland's stronger position in the global tech sector, which supports its economic growth. Conversely, Slovenia has more balanced imports at 74.9% of GDP compared to Ireland's 105%, showcasing Ireland’s heavy reliance on imports, likely due to its open economy. Both countries' net migration rates reflect differing attractiveness; Ireland has a net migration of 39,059, while Slovenia only reports 3,319, indicating Ireland's potential as a destination for foreign workers.

Governance and Institutions

Both nations display varying degrees of governance efficiency. Ireland's Control of Corruption index score is 1.6, demonstrating a stronger stance against corruption compared to Slovenia's score of 0.8. Their Government Effectiveness scores stand at 1.6 for Ireland and 1 for Slovenia, suggesting that Ireland maintains a more effective government structure. In terms of Political Stability, Ireland ranks better with a score of 0.9, contrasting Slovenia's 0.8. Furthermore, Ireland's Rule of Law score (1.6) surpasses Slovenia's 1, denoting a more robust judicial system.

Infrastructure and Technology

The logistics performance index, which evaluates trade and transport-related infrastructure, is slightly better in Slovenia (3.6) than in Ireland (3.5), indicating that Slovenia may have a more effective transportation network. Both countries exhibit high internet usage among their populations, with Ireland at 96.5% and Slovenia at 90.4%, reflecting a well-developed digital infrastructure that supports economic activities.

Environment and Sustainability

Iceland shows a greater level of renewable energy consumption, consuming 12.7% compared to Slovenia's 23.4%. This reflects a stronger commitment to sustainable energy sources in Slovenia. However, when considering greenhouse gas emissions, Ireland has a higher per capita emission of 10.9 tons compared to Slovenia's 7.5 tons, which raises concerns regarding environmental impact. Water stress levels, measured by freshwater withdrawal, depict Ireland facing a moderate issue (22.2% of resources) compared to Slovenia's 6.3%, indicating Slovenia manages its freshwater resources better.