What is the GDP of Ireland?

Ireland's GDP is approximately $609.2 billion USD. The GDP growth rate is 2.6%.

What is the population of Ireland?

Ireland has a population of approximately 5.4 million people. The population growth rate is 1.6%.

What is the inflation rate in Ireland?

The inflation rate in Ireland is 2.1%.

What is the unemployment rate in Ireland?

The unemployment rate in Ireland is 4.6%.

What is the GDP per capita of Ireland?

Ireland's GDP per capita is approximately $112,895 USD.

Is Ireland a good country to invest in?

Ireland has an investment score of 85/100, classified as "Safe" risk. Key sectors include Technology, Pharmaceuticals, Financial Services. Credit rating: NR.

How open is Ireland's economy to trade?

Ireland's trade openness (trade as % of GDP) is 246%. Exports total approximately $877.1B and imports $622.5B.

How much foreign investment does Ireland attract?

Foreign direct investment (FDI) in Ireland is 0.8% of GDP. There may be opportunities for early-mover investors.

What are the main economic sectors in Ireland?

Ireland's economy is composed of services (61% of GDP), industry (34% of GDP), and agriculture (1% of GDP).

Can I start a business in Ireland as a foreigner?

Ireland offers various options for foreign entrepreneurs. Visit our business setup guide for Ireland for detailed information on entity types, registration steps, costs, tax rates, and foreign ownership rules.

Is Ireland's economy growing?

Ireland's GDP growth rate is 2.6%. The economy is growing at a moderate pace.

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Ireland Economy Overview

Name: Ireland Economic Data
Creator: NationsData
License: https://datacatalog.worldbank.org/public-licenses#cc-by

Europe & Central AsiaHigh IncomeCapital: DublinIRL

Safe

Growing

609.2B USD

GDP (Nominal)

Growing at 2.6%

$112,895

GDP Per Capita

High income level

5.4M

Population

+1.6% annual growth

Stable

2.1%

Inflation

Price stability

246%of GDP

Trade Openness

0.8%of GDP

FDI Inflows

Public Debt

Low

4.6%

Unemployment

Surplus

+$254.6B

Trade Balance

GDP

Billion USD, nominal

$609.2B

2024+41.8B

GDP Growth

Annual %

2.6%

2024+5.1%

Inflation

Consumer prices, annual %

2.1%

2024-4.2%

Population

Millions

5.4M

2024+0.1M

Economic Structure

Services61%

Industry34%

Agriculture1%

Investment Score Breakdown

Economic Health (30%)88

Political Safety (25%)88

Business Climate (20%)88

Financial Strength (15%)78

Growth Potential (10%)80

Key Sectors

Technology

15.2% of GDP

growing

Pharmaceuticals

12.8% of GDP

growing

Financial Services

8.5% of GDP

stable

Agriculture & Food

2.5% of GDP

stable

Should I Invest in Ireland?

Strong BuySetup: ModerateROI: Moderate

Ireland scores 85/100 on the NationsData Investment Index, rated "Safe". Growth is subdued at 2.8%. Business setup takes approximately 54 days with a corporate tax rate of 12.5%.

Investment Score85/100

GDP Growth2.8%

Inflation2.2%

FDI/GDP18.5%

Public Debt44.2%

Political Stability1.0

Corporate Tax12.5%

Ease of Business#24

Strengths

+Exceptional political stability - low governance risk
+World-class business environment - fast registration, strong IP protection
+High FDI inflows (18.5% of GDP) - investors are actively entering
+Low inflation (2.2%) - stable pricing environment
+Highly trade-open economy (215%) - global market access
+100% foreign ownership allowed - no local partner required

Risks

Best For

Technology (growing, score: 92)Pharmaceuticals (growing, score: 90)Premium services and luxury brandsDigital businesses and SaaSHolding companies and regional HQs

Also Consider

Netherlands

Same region, similar income level

Sweden

Same region, similar income level

Finland

Same region, similar income level

Luxembourg

Same region, similar income level

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