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Ireland Business Report

General information
Source: The World Factbook - Central Intelligence Agency
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Population
5,068,050 (July 2018 est.)
GDP (PPP)
$353.3 billion (2017 est.)

GDP growth rate
7.2% (2017 est.)

Extremely high to be a developed country. Driven by foreign multinationals

GDP (PPP) per capita
$73,200 (2017 est.)

Very high, however the spending capacity of the people is much lower than what data suggest

Local currency
Euro (EUR)

The second most importat currency in the world after the USD

Financial stability (Public debt)
68.6% of GDP (2017 est.)

Ireland has emerged from the public debt crisis (2011-2013). Public debt is still decreasing

Inflation
0.3% (2017 est.)

Very low

Language
Irish and English

English is the main and most used language (de facto)

Corruption perception index (Source: Transparency International)
Rank 18/180

Low level of corruption

Duties and tax
Source: PwC World Tax Summaries 2017-2018
VAT
23% standard VAT rate
Three reduced rates apply: 13.5% (certain services/products including fuel, catering, restaurant), 9% (newspaper, sport activity), 4.8% (agriculture), 0% (some goods like medicines, books etc)
Corporate Tax
12.5% standard rate
Among the lowest in European Union
Duties

European Union customs duties/import tariffs apply

Whether you are looking for a European importer or you are just interested in Europe business, Globartis is the right platform for you!

We have a strong position in Europe B2B and Europe trade, especially European Union trade. If you are interested in doing business in Ireland, or in finding Irish manufacturing companies, we can help you.

Hundreds of companies in Ireland and Irish SMEs use Globartis for their operations. Join our network today and find the right partner for your Ireland business.

Connect with an Irish manufacturer or Ireland importer, or source among Ireland export to find the right product. Join now and grow your business in Dublin, one of the best cities for European business.

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