Published by Global Banking & Finance Review®
Posted on December 18, 2025
1 min readLast updated: January 20, 2026
Add as preferred source on GoogleIn 2025, Irish employment by foreign multinationals grew by 1.5% despite US tariffs, highlighting the resilience of Ireland's economic model.
DUBLIN, Dec 18 (Reuters) - The number of people employed by foreign multinational companies in Ireland increased slightly in 2025 despite uncertainty over the impact of U.S. tariffs, the country's inward investment agency said on Thursday.
Ireland's economy relies on the taxes and jobs of foreign multinationals, which have almost doubled their workforce in the last decade to make up around 11% of the labour market.
The number of people directly employed by foreign multinationals increased by 1.5% to 312,400, the agency, known as IDA Ireland, said in its annual results.
U.S. President Donald Trump's tariffs and efforts to concentrate manufacturing in the United States have yet to have a major impact on Ireland's decades-old model of attracting jobs from mainly U.S. firms in sectors such as technology and pharmaceuticals.
(Writing by Conor Humphries; editing by Barbara Lewis)
Foreign investment refers to the investment made by individuals or entities in one country into assets or businesses in another country, often to gain financial returns.
Job creation is the process of generating new employment opportunities, often through business expansion, investment, or economic growth initiatives.
Economic growth is the increase in the production of goods and services in an economy over time, typically measured by the rise in Gross Domestic Product (GDP).
A multinational corporation is a company that operates in multiple countries, managing production or delivering services in more than one nation.
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