A regular Eurozone outperformer
AA1
LOW 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
Last updated in October 2022.
Swipe to view more
GDP | USD498.56bn (World ranking 25, World Bank 2021) |
Population | 5mn (World ranking 123, World Bank 2021) |
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 fiscal position
- English-speaking business location
- English-speaking business location

- High exposure to the energy crisis
- Sensitive to external shocks due to high openness to trade
- High dependency on foreign investment
- High private debt
Trade structure by destination/origin
(% of total, 2021)
Exports | Rank | Imports |
---|---|---|
United States of America
30.8%
![]() |
1 |
![]() |
United Kingdom
11.1%
![]() |
2 |
![]() |
Germany
11.0%
![]() |
3 |
![]() |
Belgium
8.4%
![]() |
4 |
![]() |
China
7.0%
![]() |
5 |
![]() |
Trade structure by product
(% of total, 2021)
Exports | Rank | Imports |
---|---|---|
Medicinal and pharmaceutical products
39.0%
|
1 |
14.2%
Other transport equipment
|
Organic chemicals
16.0%
|
2 |
10.1%
Organic chemicals
|
Electrical machinery, apparatus and appliances, n.e.s.
7.4%
|
3 |
9.7%
Medicinal and pharmaceutical products
|
Miscellaneous manufactured articles, n.e.s.
5.0%
|
4 |
6.8%
Electrical machinery, apparatus and appliances, n.e.s.
|
Professional and scientific instruments, n.e.s
4.4%
|
5 |
5.0%
Miscellaneous manufactured articles, n.e.s.
|
Collection Complexity
The Allianz Trade Collection Complexity Score provides a simple assessment of how easy it is to collect debt around the world. The 2022 edition covers 49 countries that represent nearly 90% of global GDP and 85% of global trade.
Contacts
Read our latest reports
-
Americas
-
Europe
-
Asia Pacific
-
Middle East
-
Africa