Written answers

Thursday, 12 October 2023

Department of Enterprise, Trade and Employment

Foreign Direct Investment

Photo of Bernard DurkanBernard Durkan (Kildare North, Fine Gael)
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105. To ask the Minister for Enterprise, Trade and Employment the total number of jobs believed to have accrued from foreign direct investment in each of the past ten years to date; and if he will make a statement on the matter. [44575/23]

Photo of Simon CoveneySimon Coveney (Cork South Central, Fine Gael)
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The total number of additional jobs created by IDA Ireland client companies from 2013 to 2022 inclusive is 136,848, bringing the total number of jobs in IDA client-companies to over 301,000 at the end of 2022. Furthermore, studies have shown that for every 10 direct jobs created by Foreign Direct Investment a further 8 are generated in the economy meaning that at end-2022, FDI was supporting over 542,000 jobs in the Irish economy.

Survey results are not yet available for the year 2023 but IDA figures show that growth remains strong. In the year to date, the IDA has announced a further 60 investments, involving over 6,500 additional jobs.

As requested by the Deputy, a time series for the last decade is provided in the attached table.

Year Number of IDA Client Operations Total Jobs New Jobs Created

(Gross Gains)
Job Losses Additional Jobs Created

(Net Change)
2013 1280 172699 14793 -6721 8072
2014 1320 180898 16888 -8689 8199
2015 1368 193688 21046 -8256 12790
2016 1456 207878 21391 -7201 14190
2017 1524 220101 23376 -11153 12223
2018 1595 236032 26082 -10151 15931
2019 1693 251129 25634 -10537 15097
2020 1713 260763 23376 -13742 9634
2021 1789 277456 34159 -17466 16693
2022 1796 301475 32426 -8407 24019

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