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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
dōTERRA
Qualcomm
Cadence
Shutterstock
Pfizer
Fragomen
Company chooses Cork as its first international manufacturing site

Company chooses Cork as its first international manufacturing site

Our presence in Ireland has created employment opportunities for skilled workers, improved our ability to respond to our customers’ needs, and dramatically reduced our environmental impact.

Ireland is a strategic IT and engineering hub for chip giant

Ireland is a strategic IT and engineering hub for chip giant

Ireland is one of Qualcomm’s fastest growing R&D Centres, and the availability of talent and motivated people… are making meaningful contributions in terms of our technology roadmap.

Cork facility designated as European R&D Centre of Excellence

Cork facility designated as European R&D Centre of Excellence

The timing and scale of this Cadence investment is a real boost to Cork’s growing reputation as a specialised R&D hub. Due to our proximity to the University College Cork and Munster Technological University as well as to Ireland’s largest ICT research centre, The Tyndall Institute, the region provides an amazing engineering and computer science talent pool to draw from.

Technology and language skills an attractive mix for US business

Technology and language skills an attractive mix for US business

We are grateful to have found a home in Dublin for Shutterstock, and the city’s innovative and tech-forward culture makes it the perfect fit for our engineering and research and development teams. Our Ireland hub connects us to key players around the world and helps us drive our business forward relentlessly.

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.

In 2023, Fragomen celebrated five years in Ireland

In 2023, Fragomen celebrated five years in Ireland

We are incredibly proud to celebrate five years of success in our Dublin office, which has included extensive collaboration with Ireland’s robust business community. We provide crucial immigration support to our Ireland-based clients and international companies that thrive in the country’s supportive economic climate and increasingly streamlined business immigration system.

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
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