Foreign direct investment in the State increased 10% last year, says CSO

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Rise in inward investment from US services sector offset decreases from elsewhere

Services accounted for €736 billion or 61 per cent of total inward investment last year, up €115 billion on the position at the end of 2020. The investment position in financial intermediation rose from €225 billion to €317 billion in the year.

The increase in Irish foreign direct investment abroad, meanwhile, included an €181 billion rise in investment in Europe and a €77 billion uplift in investment in the US. The increase was again almost entirely seen in the services sector.

 

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