Resource productivity is a measure of the efficiency of resource use.
Ireland’s raw material resource consumption has improved considerably since 2000 whilst broadly maintaining national wealth generation (in terms of GDP). In other words, Ireland is becoming more efficient in terms of the materials consumed to support the economy. There was an exception to this trend in 2013 due to changes in the domestic extraction of non-metallic minerals and fossil fuels.
Efficient use of raw materials is essential to economic competitiveness, environmental sustainability and sufficiency of ecosystem services.
Gross Domestic Product (GDP) is a measure of economic activity. It represents the monetary value of all goods and services produced over a specified period of time.
Domestic Material Consumption (DMC) measures the total amount of material directly consumed by the economy.
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