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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
Johnson Controls
AMD
Vanta
Salesforce
Dell Technologies
Diligent
In 2022, the HQ opened a new R&D facility focused on sustainable technologies

In 2022, the HQ opened a new R&D facility focused on sustainable technologies

I am proud of how Johnson Controls is leading the way in sustainable innovation and I am particularly proud of how OpenBlue solutions and services are transforming buildings to help businesses, communities and governments to reach their net zero goals.

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.

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.

2,500+ people now work at Salesforce in Ireland 

2,500+ people now work at Salesforce in Ireland 

We have tonnes of amazing customers, we continue to innovate so Salesforce is going to be in Ireland for a very long time.

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.

Educated workforce enables rapid ramp-up for software company

Educated workforce enables rapid ramp-up for software company

In other jurisdictions that we looked at, they literally wanted you to land and sign the deal. Whereas the IDA were very powerful in thinking about the next wave of growth beyond the first 200 people, and what type of skills we might look for then. It genuinely does feel like a partnership rather than a one-and-done, and the after-sales experience is excellent too.

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