Ireland Economy
Investing in and Sourcing from a Competitive Ireland
Growth in exports has been across all sectors and main export markets. Particularly strong growth was seen in Lifesciences, Cleantech and ICT. Ireland’s competitiveness relative to our trading partners has improved significantly in recent years. Labour costs, commercial property prices and other business costs have fallen.
Startups
In recent years, Ireland has also developed into a vibrant start-up location, offering an ecosystem that provides access to skills, finance, innovative suppliers and customers. In fact, start-up activity is at a record high and we are the top entrepreneurial country in Europe according to recent studies, ranking among the best in the EU in terms of innovation output. High growth female-led start-ups now account for 24% of new start-ups and, in the technology sector in particular, Dublin is a leading European hub for start-ups, fast-growing firms and talent. Economic Growth and Employment he turnaround in Ireland’s fortunes over the past several years has been remarkable. This has not only been possible due to hard political decisions being taken and implemented, but also because of the resolve of the Irish people. The Irish people have always been our country’s greates ass