Chambre de Commerce - Fiche d'information pays Dernière mise à jour: 11.08.2016
Celtic tribes arrived on the island between 600 and 150 B.C. Invasions by Norsemen that began in the late 8th century were finally ended when King Brian BORU defeated the Danes in 1014. Norman invasions began in the 12th century and set off more than seven centuries of Anglo-Irish struggle marked by fierce rebellions and harsh repressions. The Irish famine of the mid-19th century saw the population of the island drop by one third through starvation and emigration. For more than a century after that the population of the island continued to fall only to begin growing again in the 1960s. Over the last 50 years, Ireland's high birthrate has made it demographically one of the youngest populations in the EU. The modern Irish state traces its origins to the failed 1916 Easter Monday Uprising that touched off several years of guerrilla warfare resulting in independence from the UK in 1921 for 26 southern counties; six northern counties remained part of the UK. Unresolved issues in Northern Ireland erupted into years of violence known as the "Troubles" that began in the 1960s. The Government of Ireland was part of a process along with the UK and US Governments that helped broker what is known as The Good Friday Agreement in Northern Ireland in 1998. This initiated a new phase of cooperation between the Irish and British Governments. Ireland was neutral in World War II and continues its policy of military neutrality. Ireland joined the European Community in 1973 and the euro zone currency union in 1999. The economic boom years of the Celtic Tiger (1995-2007) saw rapid economic growth, which came to an abrupt end in 2008 with the meltdown of the Irish banking system. Today the economy is recovering, fueled by large and growing foreign direct investment, especially from US multi-nationals.
Source: The CIA World Factbook - Ireland
The Irish economy is projected to continue its robust expansion in 2016 and 2017. Both exports and business investment, which surged due to temporary impetus by multinational enterprises, will moderate but remain solid. Activity in the domestic sector will remain firm and employment will grow steadily. Wage growth will be strong as the labour market tightens. Household consumption will be solid, supported by labour earnings growth and tax cuts.
The government is assumed to remain on track towards its medium-term goal of balancing the budget. The overall balance is projected to improve, but owing largely to cyclical conditions. Strong revenue growth and low interest costs should be primarily used for a more rapid reduction of still high public debt. Structural reforms should prioritise getting more people back into work by enhancing activation policy, which would spread the benefits of increased prosperity widely across society.
Productivity growth has been trending down for some time, in association with a slowdown in knowledge-based capital (KBC) investment. The recent surge in KBC investment by multinational enterprises will lift productivity growth. However, the diffusion of innovation to smaller, national firms is likely to be limited by the weak linkages with multinationals. Public support to business R&D, which is skewed towards R&D tax credits, should be rebalanced towards more direct support for domestic SMEs.
Source: OECD - Economic Forcast
Source: IMF Statistics - Ireland
Le Luxembourg et le pays
Existing conventions and agreements
Non double taxation agreement
In order to promote international economic and financial relations in the interest of the Grand Duchy of Luxembourg, the Luxembourg government negotiates bilateral agreements for the avoidance of double taxation and prevent fiscal evasion with respect to Taxes on Income and on fortune with third countries.
- Convention from 01.14.1972 (Memorial 1974, A, p. 2079)
- Effective as of 02.25.1975 (Memorial 1975, A, p. 341)
Air Services agreement
- Agreement frm 07.27.1954 (Memorial 1955, p. 455)
- Effective as of 28.02.1955 (Memorial 1955, p. 632)
- Exchange of Notes from 30.9./19.10.1957
The Statec Foreign Trade statistics provide information on the trade of goods - by product and by country. This information is collected respectively through the INTRASTAT declaration and on the basis of customs documents.
You can see the statistics on the website of the Statec.
Contact points in Irlande
Embassy of the Grand Duchy of Luxembourg in Ireland
Ambassador with residence in London: Mr. Patrick ENGELBERG
27, Wilton Crescent
GB-London SWIX 8SD
Tel.: +44 20 7235 69 61/62/63
Fax: +44 20 7235 97 34
Economic and Commercial Attaché (FIT): Jacques VANHOUCKE
2 Shrewsbury Road
Tel: +353 1 269 26 17
Fax: +353 1 260 41 32
Honorary Consul with jurisdiction in Ireland: Mr. Noël KIERANS
Suite30 / The Mall Beacon
Sandyford / Dublin 18
Tel: +353 1 29 34 980
Fax: +353 1 29 34 972
Country risk as defined by Office du Ducroire for Ireland
Ducroire is the only credit insurer covering open account deals in over 200 countries. A rating on a scale from 1 to 7 shows the intensity of the political risk. Category 1 comprises countries with the lowest political risk and category 7 countries with the highest. Macroeconomics experts also assess the repayment climate for all buyers in a country.
Other Useful Links:
- CIA World factbook on Ireland
- L'Irlande sur le site de l'Awex
- Belgian-Luxembourg Chamber of Commerce in Ireland
- Ireland-Luxembourg Chamber of Commerce
- Doing Business in Ireland
- Das ist Irland
La Chambre de Commerce et le pays
Evénements à venir