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Economy

The Irish economy is the fastest growing in the Eurozone and the 6th most competitive in the world

Outlook

Ireland is a stable, competitive, secure and pro-business country
Ireland is part of the EU Single Market and a member of the Eurozone
Ireland has a highly skilled, educated, young and multicultural population

Export Markets

Ireland’s exports grew by 6.1% year on year from 2015 to 2016. Overseas companies continue to be significant exporters from Ireland, with IDA clients accounting for 66% of national exports. The country’s main markets are the EU and the USA, and the main exporting sectors are:

Pharmaceuticals & Chemicals
Computer Services
Business Services
Financial Services & Insurance
Food & Beverages
Medical Devices

Real GDP Growth

Country	2016 (F)	2017 (F)	2018 (F)
IRELAND	5.1	4.1	3.4
UNITED STATES	1.5	2.2	2.3
UNITED KINGDOM	1.8	1.7	1.5
SPAIN	3.2	3.1	2.5
FRANCE	1.2	1.6	1.8
SWITZERLAND	1.4	1	1.3
GERMANY	1.9	2	1.8
NETHERLANDS	2.2	3.1	2.6
PORTUGAL	1.4	2.5	2

Source:IMF World Economic Outlook, October 2017

Facts about Ireland 2017

Download the Facts about Ireland 2017 - PDF

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