Shannon Development Corporate Website

Overall Productivity - % change of real GDP p.p. employed (2004)

Ireland

2.98

UK

2.59

France

2.55

Denmark

2.30

Belgium

1.94

Netherlands

1.45

Luxembourg

1.00

Italy

0.49

Spain

0.15

Source: IMD World Competitiveness Yearbook 2005

Overseas Investment in Ireland


Over 1,200 overseas companies do business successfully worldwide from Ireland.


These companies employ 130,000 people; generate exports of €70b, account for one quarter of GDP and over 80% of exports each year.  These companies and their employees account for three quarters of manufacturing output, nine tenths of manufacturing and services exports and half of total employment in manufacturing and international services.


These companies avail of a favourable Irish tax environment, competitive operating costs and a productive and flexible workforce, which together ensure the highest returns on investment for companies choosing to do business in Ireland.


Foreign investment comes from all over the world but the US is, and has been, the largest single source of  investment by far.  Ireland accounts for over a quarter of all US manufacturing investment in Europe.


US Investment in Ireland – The Facts