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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
Infineon
Stryker
eSentire
Dell Technologies
ServiceNow
Regeneron
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.

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.

 eSentire's Cork site has become a service delivery centre of excellence and now employs 52 people

eSentire's Cork site has become a service delivery centre of excellence and now employs 52 people

There’s a global shortage of cybersecurity professionals, it’s well documented that it’s very hard to hire and retain cybersecurity professionals. We’ve been able to hire very high-quality talent, who are doing a great job. There’s a very strong work ethic and culture here, eSentire has several very, very strong partnerships, and I emphasise the word ‘partnership’. A good example is Munster Technological University: they have what I would describe as the leading programme in cybersecurity in Ireland, hands down.

Irish operations are at the core of Dell Technologies global business supporting key functions

Irish operations are at the core of Dell Technologies global business supporting key functions

Ireland has evolved and has established itself as a global digital leader. You’ve got a young and highly educated population and Ireland is a natural bridge between North America and Europe, and it helps us take care of our customers on both sides of the Atlantic. And of course serve the 500 million people in the EU from our Irish operations.

Company makes Ireland one of its largest international sites

Company makes Ireland one of its largest international sites

We think that Ireland has really become the gateway to the European Union. There’s so many things that US companies gain from their relationship with Ireland.

Biologics leader scales rapidly across two strategic sites in Ireland

Biologics leader scales rapidly across two strategic sites in Ireland

In order to make space in our New York facilities to accommodate our COVID-19 efforts, we needed to ramp-up capacity here in Limerick. Despite ramping up commercial production sooner than planned, my team hasn’t missed a beat. You can only perform like this if you have good people, and Ireland has lots of good people, so we are excited to be hiring 400 more.

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