(1) IMD World Competitiveness Yearbook 2014
(2) EY Globalisation Index 2015
(3) IBM 2014 Global Locations Trends Report
(4) IDA Ireland: Ireland Economic and Competitiveness Update Q4 2015
Ireland has a small, highly globalised economy with a large exporting sector, and a significant number of multinational corporations.
The key features of Ireland's tax regime that make it one of the most attractive global investment locations include:
Ireland has one of the most advanced and competitive telecommunications infrastructures in Europe. The telecommunications market is fully de-regulated and numerous companies have entered the market. Large investments in recent years have resulted in state-of-the-art optical networks with world-class national and international connectivity.
There are over one million people currently in full-time education in Ireland. These are engaged in three levels of education: primary education (up to 12 years), secondary education (12-18 years), and third level education (18+).
Ireland's strong focus on investment in education and skills provide continuous results in order to further secure its reputation as a highly attractive location.
Increase in applicants
to STEM (Science,
& Maths) subjects
Increase in Science
Increase in Computing
Increase in Engineering
Irish labour costs have remained relatively stable since 2008, increasing by just 4%, this compares to 14% increase in the EU.
Ireland is one of the most productive economies in the EU. Productivity levels are approximately 40 points above the EU27 baseline.
Since the global financial crisis and a stringent adherence to a programme of austerity, Ireland has emerged with many competitive gains over its neighbouring EU countries.
In the first two decades after Ireland achieved independence in 1922, the institutions of the State were consolidated and a tradition of political stability was established.