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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
Vanta
Takeda
SAP
HubSpot
MeiraGTx
Ericsson
Vanta is a startup focused on automating cybersecurity compliance

Vanta is a startup focused on automating cybersecurity compliance

We have a talent pool that allows us to serve a large population in a very effective way, both with language and specialisation skills like sales or customer success.

Varied functions in Ireland for Asia’s largest pharma company

Varied functions in Ireland for Asia’s largest pharma company

The Grange Castle site is growing from strength to strength thanks to a great team and strong investment in our people and technology. The treatment produced here will be delivered to patients within 72 hours of being released from Grange Castle which means we are closer to the patient than we have ever been and this brings a great sense of pride to our team.

Strong growth over decades at software giant’s Irish operations

Strong growth over decades at software giant’s Irish operations

On the occasion of SAP celebrating 25 years in Ireland I would like to thank the Ireland Leadership team and all SAP Ireland employees in Dublin and Galway for their expertise, flexibility, motivation and exceptional customer focus. Over the past 25 years we have helped guide customers and partners on their transformation journeys and as SAP celebrates its 50th anniversary globally we look forward to helping even more customers run better and improving people’s lives.

There’s an old Irish saying that a good start is half the work; it’s proven true for HubSpot when setting up its international base.

There’s an old Irish saying that a good start is half the work; it’s proven true for HubSpot when setting up its international base.

The HubSpot team in Ireland is an incredibly talented and passionate group that thrives on providing tailored solutions to individual customer challenges, all of which adds up to making a big impact globally.

Gene therapy startup chooses Ireland for commercial-scale manufacturing

Gene therapy startup chooses Ireland for commercial-scale manufacturing

MeiraGTx’s Shannon facility is unique, not only in Ireland but globally, as it streamlines gene therapy development, testing and manufacturing capabilities together in-house. This significantly reduces the time to patients for advanced therapeutic products, with months or potentially years saved.” -

One of Ireland’s largest enterprise software development centres 

One of Ireland’s largest enterprise software development centres 

Ericsson creates game-changing technologies and services that shape our future and here in Athlone, as one of Ericsson’s largest R&D centres, we are at the forefront of opening new possibilities in communication for the world.

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