Advertisement

We need your help now

Support from readers like you keeps The Journal open.

You are visiting us because we have something you value. Independent, unbiased news that tells the truth. Advertising revenue goes some way to support our mission, but this year it has not been enough.

If you've seen value in our reporting, please contribute what you can, so we can continue to produce accurate and meaningful journalism. For everyone who needs it.

FDI shutterstock
FDI

Total foreign direct investment into Ireland increased to €258 billion

Ireland had a net surplus of €31 billion in foreign direct investment in 2012.

IN 2012, IRELAND had a net surplus of €31 billion in foreign direct investment (FDI).

The latest figures from the Central Statistic Offices show that the net position is unchanged on last years net figures.

Increase

The level of total foreign direct investment into Ireland also increased between the end of 2011 and the end of 2012 – from €225 billion to €258 billion.

The main contributors were increases of €22 billion from the Netherlands and of €5 billion from Asia, partially offset by a decrease in investment of almost €8 billion from the US.

The inward flow of investment increased with the main source of inward investment coming from the Netherlands for €11 billion. This was followed by the UK and Asia, with €4 billion respectively.

Financial intermediation was the largest sector for inward investment, which at the end of 2012 amounted to €113 billion.

This represents 44 per cent of the total stock of inward investment of €258 billion. Investment in the pharmaceutical sector increased by €4 billion to €31 billion in the same period.

Read: Intel chooses Ireland to design new micro chip>

Read: Twitter files a $1 billion IPO>

Your Voice
Readers Comments
40
    Submit a report
    Please help us understand how this comment violates our community guidelines.
    Thank you for the feedback
    Your feedback has been sent to our team for review.