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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
AWS
Vanta
SAP
Qualtrics
Fragomen
eSentire
Cloud leader has invested $2billion+ in its Irish operations

Cloud leader has invested $2billion+ in its Irish operations

There is an abundance of talent in Ireland which helped us to exceed our talent growth targets ahead of schedule. Ireland is a great place to do business, the country’s creative culture and diverse pool of technical skills make it an ideal location for our rapidly expanding business

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.

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.

Qualtrics Chooses Ireland for its Skills Base

Qualtrics Chooses Ireland for its Skills Base

Ultimately, what you want is a geography where you can build an office that has broad market coverage. For a company going into Europe, Ireland has the lowest cost to set up a business, with a broad pool of talent from across the EU

In 2023, Fragomen celebrated five years in Ireland

In 2023, Fragomen celebrated five years in Ireland

We are incredibly proud to celebrate five years of success in our Dublin office, which has included extensive collaboration with Ireland’s robust business community. We provide crucial immigration support to our Ireland-based clients and international companies that thrive in the country’s supportive economic climate and increasingly streamlined business immigration system.

 eSentire's Cork site has become a service delivery centre of excellence and now employs 52 people

eSentire's Cork site has become a service delivery centre of excellence and now employs 52 people

There’s a global shortage of cybersecurity professionals, it’s well documented that it’s very hard to hire and retain cybersecurity professionals. We’ve been able to hire very high-quality talent, who are doing a great job. There’s a very strong work ethic and culture here, eSentire has several very, very strong partnerships, and I emphasise the word ‘partnership’. A good example is Munster Technological University: they have what I would describe as the leading programme in cybersecurity in Ireland, hands down.

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