Ireland Ranks 9th in PwC Private Business Attractiveness Index

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Ireland has dropped two places from last year but has improved from 14th place two years ago, ranking 9th in the PwC Private Business Attractiveness Index. The index evaluates 33 European, Middle East, and African countries based on various categories. Switzerland, Sweden, Germany, Netherlands, Denmark, Norway, United Kingdom, Finland, Ireland, and Spain are the top 10 countries on the index.

Ireland has ranked ninth in a list of more than 30 countries as a location for private business to thrive, representing a drop of two places from last year but is up from 14th place two years ago.

Among the categories where Ireland improved its standing in this year's study include the 'start-up ecosystem', and 'education, skills and talent' where the country went from 12th to 9th place. "Much of this significant slip in ranking for the macroeconomic metric stemmed from the costs of living crisis and cost increases being felt most strongly during 2023 in the private businesses sector," the report noted.

 

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