American Chamber of Commerce Ireland releases annual report

Ireland now accounts for nearly 20% of all new U.S. investment flows to Europe, according to figures contained within the report. This compares favourably against France (3%) and Germany (2%) and Ireland’s share of the total U.S. investment stock in Europe has soared to 11% over the past decade and increased from 6% ten years ago.

To download the full report, please click HERE.

Other key findings from the report include:

• U.S. investment flows to China in the first nine months of 2015 were just 16.8% of those to Ireland in the same period

• Ireland’s investment stakes in the U.S. are significant as well, with Irish affiliates estimated to have generated some $90 billion in sales from their US operations in 2014 and $35 billion in U.S. economic output.

• At the end of 2014 U.S. direct investment stock in Ireland was a record $310 billion.

• U.S. investment flows to Ireland surged to a record $58.1 billion in 2014.

Joseph Quinlan discussing prospects for the future says “Ireland and the United States now stand as two of the strongest growing economies in the transatlantic economy. Ireland in a world of increasing disorder and unrelenting change, remains one of the prime destinations of U.S. foreign direct investment (FDI). Yes, there has been a great deal of churn and change in the global economy since our last report. But what has not changed is international investors’ overriding preference for doing business in Ireland. Various metrics point towards Ireland and the United States deepening their well-established trade and investment linkages.”