A recent study by the Organisation for Economic Co-operation and Development (OECD) has found that one in six Irish people are now living abroad as emigrants. Somewhat unsurprisingly, Ireland ranked the highest out of all countries included in the study.
The findings, which were measured over a twelve-month period leading up to April 2015, found that 17.5 per cent of Irish born people over the age of 15 were now living in different countries around the world. This was comfortably the highest percentage out of all 34 countries included in the study.
These findings tie-in with Central Statistics Office (CSO) figures which show that between 2007 and 2014 there has been a substantial decrease in the number of people in their 20s living in Ireland. There was a 34 percent drop in the number of 20 to 24-year-olds, and a 27.5 percent drop in 25 to 29-year-olds.
The Irish Government announced in May that they expected this current flow of Irish people emigrating to come to an end in 2017 with the number of people coming to these shores outweighing the number of people leaving.
The OECD report contradicted this however saying that emigration figures would “remain significant” over the next few years although they did mention that the number of people leaving Ireland would fall gradually with the recovery of the economy.
The report also went on to state that returning emigrants could play a vital role in the recovery of the Irish economy by bringing back newly gained skills and experience.
Are you considering emigrating to pastures new? Let Spratt Personal Shipping help you cut out all the stress of moving your possessions overseas and beginning anew.