Ireland has a small highly globalised economy, with a large exporting sector, and a significant number of multinational corporations. 

  • Irish economy grew at 5.2% in 2016 - the fastest growing economy in the Eurozone
  • Unemployment has fallen for past 3 years, down to less than 10%
  • Ireland's competitiveness has improved dramatically since 2008

More about Economy


Ireland has the youngest population in Europe and has one of the lowest old age dependency ratios at just 18.6%, compared to 27.5% in EU.

More about demographics

Education & Skills

Ireland’s education system ranks in the top ten countries in the world (IMD World Competitiveness Report 2016). Multilingual skills are also strong and diverse.

More about education & skills

Labour Costs

Irish labour costs have remained relatively stable compared to a number of EU countries which have experienced significant increases in wages and salaries.

Labour Costs € Per Hour
Norway 51.20
Denmark 41.30
Belgium 39.10
Sweden 37.40
Luxembourg 36.20
France 35.10
Ireland 30
Source: Eurostat 2016


Ireland’s corporate tax rate is 12.5%. Organisations also benefit from a comprehensive tax treaty network providing tax treaties with 72 countries.

More about tax

Cost of Living

Ireland's cost of living has improved every year since 2008 compared to the European Union.

More about cost of living


Ireland has one of the most advanced and competitive telecommunications infrastructures in Europe. Major investment in transport networks and energy and water resources have also helped Ireland make rapid infrastructure advances over the past decade.

More about Infrastructure

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Contact IDA Ireland

You'll find us responsive to your needs, proactive, professional and willing to go the extra mile.

Contact IDA Ireland

International Offices

We have 28 Offices worldwide helping support companies expand their operations in Ireland.

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