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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
AMD
Regeneron
Zendesk
Dell Technologies
Supermetrics
Logitech
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.

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.

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.

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.

Ireland’s attractiveness helped by how it brings people from across Europe to work

Ireland’s attractiveness helped by how it brings people from across Europe to work

Dublin is ideal for the rich pool of talent, with significant technology literacy: people who have extensive experience either selling similar solutions, or – equally importantly – selling to similar types of customers. That really accelerates our ability to identify and hire the talent, bring them into the business and get them to a point of productivity very, very quickly. You don’t get that in other places.

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.

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