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Ireland's Economy

Ireland's Economy

An enduring location for investment

  • Stable, competitive, secure and pro-business, Ireland is a committed member of the EU single market

  • The fastest growing economy in the Eurozone, with sustainably managed public finances and an ‘A’ grade from all major credit rating agencies

Source the skills you need to make your investment in Ireland a success

Connect with us

Source the skills you need to make your investment in Ireland a success

Connect with us

An exporting powerhouse

Ireland is connected to the world through our transport links to Europe, the UK and beyond. Overseas companies are significant exporters from here, serving global markets in pharmaceuticals, technology services, medical devices, food and beverages, and financial services.

  • 2nd for exports of commercial services (IMD)
  • 72% of total national exports (2020) were from multinationals in Ireland

Committed EU member

You’ll find us among the most outward looking and internationally engaged countries in the world. We’re the only English-speaking Eurozone country. Our Government and citizens overwhelmingly support EU membership.

  • 83% of Irish people are positive about EU Membership
  • 88% believe that Ireland has benefitted from EU membership

Committed FDI base

Some 1,700 multinationals call Ireland home . They make a positive contribution to Irish society and the economy through direct investment, capital expenditure, job creation, and payroll spending. Many have been here for a decade or more.

  • 72% of national exports and 70% of corporation tax receipts from IDA client companies
  • 25% of private sector direct and indirect employment at multinationals

Enduring economic strength

Ireland’s resilient economy made us one of the best performing advanced economies in the world, even during COVID-19. Our underlying structural strengths and capital investment plans mean we’re well positioned for future growth.

  • 13.5% GDP growth in 2021, driven largely by exports Business environment, demographics, and talent support growth
  • Business environment, demographics, and talent support growth

Pro-business environment

Ireland consistently ranks among the top countries in the world in which to do business, supporting FDI growth. Successive governments have maintained this pro-business outlook: we favour green lights over red tape.

  • 4th most competitive economy in the EU, 12th globally
  • 3rd ranked globally for high-value FDI projects

Success Stories: Hear from leaders calling Ireland home

A proven path

See all Success Stories
AbbVie
State Street
AMD
Logitech
Ericsson
Diligent
8 diverse sites across Ireland employing 2,500+ people

8 diverse sites across Ireland employing 2,500+ people

Ireland plays a critical role in supporting AbbVie's international operations. Our new AbbVie North Dublin (AND) facility will be a key node in AbbVie's global Operations network, serving as a European hub bringing together our Dublin-based supply chain, engineering, quality assurance and manufacturing teams for the first time.

Continued expansion at four Irish sites over 20+ years

Continued expansion at four Irish sites over 20+ years

Ireland’s tech ecosystem and financial services credentials alongside Kilkenny’s central location and access to talent from third level institutions in Dublin, Carlow, Waterford and beyond were all compelling factors in our location decision

AMD presence in Ireland dates back to 1994 via Xilinx acquisition

AMD presence in Ireland dates back to 1994 via Xilinx acquisition

For nearly three decades, Ireland has been a flagship European R&D centre developing adaptive computing solutions, drawing from a strong and highly-skilled workforce. By further investing and expanding our presence in Dublin and Cork, we are committed to continuing to both drive innovation in Ireland and to support the European semiconductor ecosystem.

Logitech’s Irish presence dates back more than three decades to 1988

Logitech’s Irish presence dates back more than three decades to 1988

We’re pleased to see Logitech’s Cork operations grow to encompass more opportunities ahead of the new year. This is a reflection not only of Logitech’s long-term performance, but also the wonderful culture and spirit our employees have developed, here and across the world. At Logitech, talent working out of Ireland is shaping the future, and enjoying it! We’re very grateful to IDA Ireland for their consistent support over the years.

One of Ireland’s largest enterprise software development centres 

One of Ireland’s largest enterprise software development centres 

Ericsson creates game-changing technologies and services that shape our future and here in Athlone, as one of Ericsson’s largest R&D centres, we are at the forefront of opening new possibilities in communication for the world.

Educated workforce enables rapid ramp-up for software company

Educated workforce enables rapid ramp-up for software company

In other jurisdictions that we looked at, they literally wanted you to land and sign the deal. Whereas the IDA were very powerful in thinking about the next wave of growth beyond the first 200 people, and what type of skills we might look for then. It genuinely does feel like a partnership rather than a one-and-done, and the after-sales experience is excellent too.

Reasons to invest in Ireland

Infrastructure

Infrastructure

Resilient and flexible infrastructure to support your business

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Quality of life

Quality of life

Work and life. Balanced.

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Talent

Talent

Find and nurture the people you need to make your business thrive here in Ireland

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Ireland's Economy

Ireland's Economy

An enduring location for investment

Read more