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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
Zendesk
State Street
Ericsson
Pfizer
NetApp
World Nomads
Dublin site is a regional hub for product development

Dublin site is a regional hub for product development

Dublin is such a hub for big tech companies that you might think ‘if we come to Dublin, we’re going to be competing with all of them, we won't be able to get good staff’. But I think the opposite is true. Because we’ve got such a base of well recognised brands in Dublin, that actually brings qualified people from all over Europe here.

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

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.

Leading global player has invested $9 bn+ in Irish operations

Leading global player has invested $9 bn+ in Irish operations

Pharmaceutical manufacturing in Ireland continues to perform very well contributing strongly to exports and economic growth and provides excellent career opportunities.

Company set up European HQ in Cork in 2022

Company set up European HQ in Cork in 2022

Cork has become the global hub of choice for international headquarters of technology companies, home to over 100 technology companies. With over 40,000 students across Cork’s two universities, NetApp’s decision to base its international headquarters in Cork provides access to a talent pool that is truly worthy of supporting the robust and evolving technology market. As well as being a part of the vibrant emerging business scene in Cork, NetApp’s hybrid working model means there are opportunities for technical and non-technical candidates across Ireland.

Since reopening after Covid, team in Ireland has doubled in one year from 18 to 37

Since reopening after Covid, team in Ireland has doubled in one year from 18 to 37

Cork is renowned for its dynamic blend of innovation, skilled talent pool, and accessibility, so it really ticked all the boxes in terms of our ambitions. The city benefits from a robust infrastructure and connectivity. Its strategic proximity to other European markets facilitates efficient engagement with partners and customers, amplifying the potential for growth.

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