Celtic Tiger
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The "Celtic Tiger" is a term referring to the economy of Ireland from the mid-1990s to the late 2000s, a period of rapid real economic growth fuelled by foreign direct investment. The boom was dampened by a subsequent property bubble which resulted in a severe economic downturn.
Historical GDP per capita development of Ireland and the UK
Public debt as a percentage of GDP dropped significantly over the 1990s.
The information technology sector was a significant factor in the Irish economic boom
The Spire of Dublin symbolises the modernisation and growing prosperity of Ireland.
Economy of the Republic of Ireland
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The economy of the Republic of Ireland is a highly developed knowledge economy, focused on services in high-tech, life sciences, financial services and agribusiness, including agrifood. Ireland is an open economy, and ranks first for high-value foreign direct investment (FDI) flows. In the global GDP per capita tables, Ireland ranks 2nd of 192 in the IMF table and 4th of 187 in the World Bank ranking.
The International Financial Services Centre in Dublin
Historical GDP per capita development of Ireland and the UK
A housing construction site in Dublin at Sandyford, 2006.
Waterford Crystal glass factory