You have to be careful with GDP because for some countries that money goes offshore.
Ireland is a tax haven for corporations. Google sells their IP to Google Ireland, then charges for it across a swath of markets. Then the money flows back to Ireland as GDP.
But it doesn’t stay there, it flows back to Google USA.
Ireland is a tax haven for corporations. Google sells their IP to Google Ireland, then charges for it across a swath of markets. Then the money flows back to Ireland as GDP.
But it doesn’t stay there, it flows back to Google USA.