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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
HubSpot
Ericsson
Supermetrics
TikTok
Analog Devices
Toast
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.

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.

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.

TikTok’s Rapid Rise in Ireland

TikTok’s Rapid Rise in Ireland

Its strong pool of skilled and diverse talent, booming digital and technology sector, and rich heritage of arts and culture, make it such an attractive base for a platform that prides itself on being an inclusive home for creative expression

1500 employees across three sites in Ireland (Limerick, Cork and Dublin)

1500 employees across three sites in Ireland (Limerick, Cork and Dublin)

Since 1976, Ireland has been a critical innovation centre for ADI, thanks to its strong academic and research organisations, business ecosystem, and progressive government leadership. This next-generation semiconductor manufacturing facility and expanded R&D team will further extend ADI Limerick’s global influence.

Irish operation has become a strategic global engineering hub

Irish operation has become a strategic global engineering hub

Toast originally chose to invest in Ireland largely for its concentration of high-level technical capability; over the last several years, we’ve come to reap so many more benefits from our strategic investment here–ease of collaboration with other Toast teams, Irish hospitality, and more.

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