Advertisement

We need your help now

Support from readers like you keeps The Journal open.

You are visiting us because we have something you value. Independent, unbiased news that tells the truth. Advertising revenue goes some way to support our mission, but this year it has not been enough.

If you've seen value in our reporting, please contribute what you can, so we can continue to produce accurate and meaningful journalism. For everyone who needs it.

car parking Shutterstock
Conference

Parking charges contributes €100 million to the Exchequer every year

Parking is a big money-maker for local authorities who make €115 million on paid parking.

REVENUE MADE By car parking charges contributes €115 million to local authorities in Ireland, with private car parks making €80 million per year.

A new survey launched at the European Parking Congress in Dublin shows that the car parking industry is worth €360 million and employs 1,500 people in Ireland.

Revenue

The car parking industry generates in excess of €100 million to the Exchequer each year, the survey finds.

In Ireland it is believed there is a total of 353,156 car parking spaces – 268,897 off-street car parking and 84,259 on-street spaces.

In Ireland, parking is a big money-maker to both local government and private industry.

The breakdown in revenue from the various sectors is as follows:

•             Local Authorities              -              €115 million

•             Private Car Parks              -              €80 million

•             Transport Hubs                 -              €70 million

•             Shopping Centres             –               €50 million

•             Hotels & Hospitals            -                €25 million

Across all of Europe, car parking fees generated €30 billion, with 570,000 people employed directly in the parking business. There is 47 million car parking spaces for all of Europe.

Read: The most annoying car park users in the world>

Read: John Waters imprisoned for non-payment of parking fines>

Your Voice
Readers Comments
44
    Submit a report
    Please help us understand how this comment violates our community guidelines.
    Thank you for the feedback
    Your feedback has been sent to our team for review.