Ireland’s economy is at its height. The country was the only EU nation to see growth in 2020 and surpassed its pre-pandemic growth with a 13.5-percent rise in 2021. Given its position, the government’s $170-billion National Development Plan is opening up a flurry of opportunities as the state aggressively updates the country’s public infrastructure and expands its robust knowledge-focused sectors. After Brexit, Ireland is the only native English-speaking nation in EU, which further highlights the market as a prime base for multinationals and workforce acquisition.
The US-Ireland relationship is deep, with more than 900 US-owned firms working within Ireland and around $344 billion in foreign direct investment outbound to the US in 2019. The Emerald Isle’s key areas of export are aligned with the US’ high demand areas, particularly in pharmaceuticals, agro-foods, medical devices, agriculture technology, healthcare and information technology.
760
US companies in Ireland
900
Irish companies exporting to US
Top 10
FDI destinations in Europe
1st
in FDI per capita
1 out of 3
multinationals here over 20 years
14 of top 15
medtech companies from Ireland
Interviews
Interview with Dara Calleary, Minister of State for Trade Promotion, Digital and Company Regulation, Ireland
“Within the island, we have a very advanced digital culture, but we’re ambitious, and we want to be the most digital advanced economy in the EU.”
14 February, 2023
Interview with Eamon Ryan, Minister for Environment, Climate, Communications and Transport, Ireland
“My top priority is road and transport decarbonization. It's a switch to renewables and the promotion of extensive retrofitting programs for commercial buildings and our homes.”
13 February, 2023
