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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
Citco
Boulder Media
TikTok
Infineon
State Street
Stryker
IDA Ireland support key to wide-ranging R&D and training initiatives

IDA Ireland support key to wide-ranging R&D and training initiatives

A lot of the leadership in Ireland also hold senior global positions, so we consider Ireland to be a strategic office and we’ve got representation across most business lines in the organisation sitting in Ireland.

Boulder Media is one of the largest animation studios Ireland

Boulder Media is one of the largest animation studios Ireland

Remaining successful in the thriving global animation industry is largely down to attracting and retaining high quality talent, making the studio the best place to produce a project. Partnering this talent with high quality projects allows Boulder Media to create the best content, entertaining audiences all over the world on a daily basis.

TikTok’s Rapid Rise in Ireland

TikTok’s Rapid Rise in Ireland

Its strong pool of skilled and diverse talent, booming digital and technology sector, and rich heritage of arts and culture, make it such an attractive base for a platform that prides itself on being an inclusive home for creative expression

Logistics operation is the largest of its kind in the company

Logistics operation is the largest of its kind in the company

Infineon Ireland really cares about their employees, customers and business. Employees are constantly motivated to grow and everyone has the opportunity to flourish in their work and personal experience, which is a win-win for both. One of the things that I like the most is our team’s supportive and co-operative style in both work and social-related aspect of the job, which I find to be the perfect work-life balance.

Irish site chosen as one of only two global cybersecurity centres

Irish site chosen as one of only two global cybersecurity centres

We are a strong ecosystem with multiple parties, service providers like ourselves, management companies, commercial law firms, audit firms: it’s the synergy of all the different stakeholders working together… It’s the right balance between everyone having their own commercial imperatives but collaborating across an ecosystem that collectively facilitates growth and expansion.

Ireland is home to Stryker’s European Operations headquarters

Ireland is home to Stryker’s European Operations headquarters

Stryker's presence in Ireland is more than just a business expansion; it's a journey of mutual growth, skills development, and technological innovation that helps position Ireland as a global hub for leading innovation in the medical technology industry.

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