Ireland PESTLE Insights - A Macroeconomic Outlook Report

Ireland PESTLE Insights - A Macroeconomic Outlook Report

Summary

Mining, manufacturing, and utilities contributed 41.1% to Ireland’s gross value added (GVA) in 2022, followed by transport, storage, and communication (20.5%), and financial intermediation, real estate, and business activities (19.7%). In nominal terms, the three sectors are forecast to grow by 10.5%, 10.5%, and 10.3%, respectively, in 2023.

According to Eurostat, the Eastern and Midland region of Ireland, which contributed the most to GDP at 53.9% in 2021, also represented the highest proportion of the total population at 49.3% in 2022.

The ISEQ Index has been on an upward trend. As of August 29, 2023, the index stood at 8,892, compared to 6,950.8 on August 29, 2022.

Scope

• In 2021, the government unveiled the National Development Plan 2021-30 with an investment of EUR165 billion ($173.9 billion) in infrastructure projects.

Reasons to Buy

• Macroeconomic Outlook Report identifies the potentials of the country as an investment destination by analyzing the political, economic, social, technological, legal and environmental (PESTLE) structure.
• PESTLE Insights provides 360 degree view of the economy which can be used as a strategic tool to understand the market dynamics, business potentials and direction of operations
• Along with providing the country’s snapshot, the report captures the risk factors pertaining to the macroeconomic risks, political environment, legal environment, demographic and social structure effectiveness, technology & infrastructure and natural and geographic aspects that might impact business.
• This report also highlights key clusters/cities which contribute significantly to the country GDP and population along with major companies’ presence in these areas.