With a strong, open economy, strategic location and unrivalled tax incentives, it’s no wonder that investment in Dublin is strong. If you plan to invest in the city, here are some stats to reassure you that you’re making the right decision.

1. FDI recently exceeded €1 trillion

In 2019, foreign direct investment throughout Ireland exceeded more than €1 trillion for the first time. According to the Central Statistics Office, this was equivalent to 288% of the country’s GDP – and far outweighed the EU average of 62%.

This demonstrates just how highly globalised the Irish economy is and the attraction it holds for investors. It’s no surprise that Ireland received more FDI than any other country in the world that year. While it dropped behind Luxembourg and Germany in 2020 as a result of the Covid-19 pandemic, the sector remains resilient.

2. Over 1,600 overseas companies are based here

If you invest in Dublin, you’ll enjoy the company of hundreds of leading businesses from around the world.

Half of the world’s most innovative companies, as listed by Forbes, have bases in Dublin. They include ServiceNow, Workday, Salesforce, Amazon and Facebook. Many of the city’s multinationals are in sectors like tech, life sciences and financial services.

3. Dublin is the biggest beneficiary of Brexit relocations

According to think tank New Financial, 135 financial firms have relocated to Dublin so far. This means that a quarter of the firms that have left the UK to date have chosen to invest in Dublin.

4. R&D business expenditure exceeds €3 billion

Thanks to Dublin’s strong startup ecosystem, as well as its accelerators, research centres and innovation supports, R&D activities are on the rise.

Expenditure by companies has increased every year since 2015. In 2019, it exceeded €3 billion, according to the Central Statistics Office. And, in 2020, the government increased its spending in the sector to €869 million when it is estimated to have been worth a total of €3.4 billion.

5. A third of Ireland’s multinationals are here long-term

Since the 1950s, the Irish government has welcomed and encouraged foreign investment in Dublin. Back in November 1956, IBM was the first US tech company to set up a base in the city. It is still here today and now 70% of Ireland’s FDI comes from the US.

Over a third of multinationals have had operations here for more than 20 years. This clearly demonstrates the value offered to investors.

These facts and figures clearly demonstrate Dublin’s role as a great location for investors. If you want to move or start a business here, you’ll find everything you need to know about investments in Ireland below.

COVID-19 business supports

It’s a tough time for businesses right now, but there are Covid-19 supports in place to help. They are available through Local Enterprise Offices and central government funds. Local Enterprise Offices in Dublin For advice on your specific situation, contact your local office. They can provide one-to-one business mentoring, helpful courses and a Trading Online Voucher to help you improve your online presence.

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Move your business

Dublin is a favoured base for many international businesses and it is home to the European headquarters of hundreds more. In fact, moving operations to Dublin has become a growing trend. Recently, an unprecedented number of global companies have set up headquarters in Europe. In 2019, for example, a record-breaking 912 companies set up shop. This means Europe is the world’s leading region for investment in headquarters. Within Europe, Dublin is the top destination. According to fDi Intelligence’s ranking, Dublin has more HQs per capita than any other country in Europe. On top o

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Industry sectors drawing investment

Dublin has a vibrant and diverse economy, which supports thriving clusters of Irish and international players. Any kind of company coming to Dublin can benefit from support and the business-friendly environment. But there are some key industry sectors which tend to attract FDI to the city. These include tech, financial services, professional services,

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Conventions and conferences

It’s no surprise that a city as welcoming and entrepreneurial as Dublin has a thriving convention scene. It offers world-class conference venues and great value for money for both organisers and delegates. The Convention Centre Dublin The Convention Centre is the largest conference venue in Dublin with room for up to 8,000 people throughout its auditorium, meeting rooms and exhibition spaces. Based in the Docklands overlooking the River Liffey, it is right at the heart of Dublin’s Irish Financial Ser

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The Dublin Economic Monitor

The Dublin Economic Monitor reports on emerging trends and performance within Dublin’s economy. Every quarter, it publishes new data and showcases the most important information on its user-friendly dashboard. It features statistics on consumer sentiment, employment trends, passenger and freight information, property trends and other informative performance data. There’s useful insights into how much tourists and locals are spending in the city too. Before you make any investments in Dublin, it is a must-re

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Business Stories

Dublin is Ireland's economic powerhouse and the place to be for the best talent in the EU. We profile some of businesses who call it home.

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