Higher resilience compared to peers amid the Covid-19 shock

A2

MEDIUM RISK for entreprise

  • Economic risk

  • Business environment risk

  • Political risk

  • Commercial risk

  • Financing risk

  • Economic risk

  • Business environment risk

  • Political risk

  • Commercial risk

  • Financing risk

The country risk assessments are your North Star metrics to make the right decision for your business and understand the risks in international trade. We have always the best solution for your needs

Swipe to view more

GDP USD388.699bn (World ranking 32, World Bank 2019)
Population 4.941mn (World ranking 121, World Bank 2019)
Form of state Parliamentory Republic
Head of government Micheál Martin (Prime Minister)
Next elections 2025, general
  • Strong business environment
  • Lowest corporate tax rate within the Eurozone
  • Exports oriented towards sectors with high value added
  • Robust current account surplus
  • Strong education system
  • English-speaking business location
  • Robust cushion against cyclical shocks, thanks to strong pharmaceutical and technology sectors
  • Sensitive to external shocks due to high openness to trade
  • High dependency on foreign investment
  • High private and public debt
  • Faced with increasing competitiveness regarding FDI inflows

Trade structure by destination/origin

(% of total)

Exports Rank Imports
United States of America 30.8%
1
28.1% United Kingdom
United Kingdom 10%
2
15% United States of America
Belgium 10%
3
13.1% France
Germany 8.8%
4
8.9% Germany
Netherlands 5.7%
5
6% China

Trade structure by product

(% of total)

Exports Rank Imports
Medicinal and pharmaceutical products 31%
1
23% Aircraft & associated equipment; spacecraft
Organo-inorganic, heterocycl. compounds, nucl. acids 21%
2
11% Machinery and mechanical appliances
Optical, measuring, precision, medical instruments 9%
3
8% Pharmaceutical products
Electrical machinery and equipment 7%
4
6% Electrical machinery and equipment and parts thereof; sound recorders and reproducers, television...
Machinery and mechanical appliances 6%
5
6% Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral ...
DSO in Ireland remains around 50 days. Small and medium businesses in Ireland have an increased DSO of 60 days, with 24% of them waiting a punishing 120 days before they see funds.

  • Low

  • Medium

  • Sensitive

  • High

  • Payments

  • Court proceedings

  • Insolvency proceedings

  • Payments

  • Court proceedings

  • Insolvency proceedings

Legal action can be expensive and time consuming, often with little reward. Amicable negotiations from debt collection agencies are a good way of identifying payers from non-payers.
Popular Risk Reports: Americas

Popular Risk Reports: Europe

Popular Risk Reports: Asia Pacific

Popular Risk Reports: Middle East