What is the economy like in Ireland?

The economy of the Republic of Ireland is a highly developed knowledge economy, focused on services in high-tech, life sciences, financial services and agribusiness, including agrifood. Ireland is an open economy (3rd on the Index of Economic Freedom ), and ranks first for high-value foreign direct investment (FDI) flows.

What are the values of the Republic of Ireland?

All values, unless otherwise stated, are in US dollars. The economy of the Republic of Ireland is a highly developed knowledge economy, focused on services in high-tech, life sciences, financial services and agribusiness, including agrifood.

How much do multinationals contribute to the Irish economy?

By 2017, IDA Ireland estimated multinationals (US comprise 80%), contributed €28.3bn in cash to the Irish Exchequer (corporate taxes, wages, and capital spend), and were responsible for an even larger Irish economic impact then could be accurately measured (i.e. new office construction, second order services etc.).

What happened to Ireland's economy during the 2007/8 economic crisis?

Although it was among the nations hardest hit by the 2007/8 economic crisis, Ireland’s economy has bounced back. The European Commission forecast in February that the Irish economy would grow by 4.1% this year, the second highest growth rate in Europe.