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Ireland Business Environment
Trade, commerce, and economic integration indicators
Overview
Business environment indicators for Ireland, covering trade, commerce, foreign direct investment, corruption perceptions, and economic integration from the World Bank, OECD, IMF, and Transparency International.
Key Indicators
Average time to clear exports through customs (days)
2.5
2024 · Average number of days to clear direct exports through customs.
Domestic credit to private sector by banks (% of GDP)
25.1
2024 · Domestic credit to private sector by banks refers to financial resources provided to the private sector by other depository corporations (deposit taking corporations except central banks), such as through loans, purchases of nonequity securities, and trade credits and other accounts receivable, that establish a claim for repayment. For some countries these claims include credit to public enterprises. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.
Firms visited or required meetings with tax officials (% of firms)
7.0
2024 · Percentage of firms that were visited or inspected by tax officials or were required to meet with them over the last year.
Time to obtain an electrical connection (days)
91.2
2024 · Average wait, in days, experienced to obtain electrical connection from the day this establishment applied for it to the day it received the service.
New business density (new registrations per 1,000 people ages 15-64)
6.4
2022 · The number of newly registered firms with limited liability per 1,000 working-age people (ages 15-64) per calendar year.
Corruption Perceptions Index
77.0 /100
2024 · Transparency International CPI score (0-100, higher = less corrupt)
Data Explorer
Trade in services (% of GDP)
154.172889896032
2023 · World Bank
Insurance and financial services (% of service imports, BoP)
8.91864820772333
2023 · World Bank
Insurance and financial services (% of service exports, BoP)
9.52073502349777
2023 · World Bank
Domestic credit to private sector by banks (% of GDP)
25.0931634636131
2024 · World Bank
Domestic credit to private sector (% of GDP)
25.0931634636131
2024 · World Bank
New business density (new registrations per 1,000 people ages 15-64)
6.40304267239627
2022 · World Bank
New businesses registered (number)
21263
2022 · World Bank
Average time to clear exports through customs (days)
2.492446423
2024 · World Bank
Average time to clear imports through customs (days)
4.487543106
2024 · World Bank
Time to obtain an electrical connection (days)
91.21069336
2024 · World Bank
Firms experiencing electrical outages (% of firms)
30.21655464
2024 · World Bank
Firms using banks to finance working capital (% of firms)
17.8872261
2024 · World Bank
Firms using banks to finance investment (% of firms)
16.93894005
2024 · World Bank
Bribery incidence (% of firms experiencing at least one bribe payment request)
0.2518975139
2024 · World Bank
Firms competing against unregistered firms (% of firms)
33.37706375
2024 · World Bank
Informal payments to public officials (% of firms)
0.0858573914
2024 · World Bank
Time required to obtain an operating license (days)
23.70797729
2024 · World Bank
Firms with female top manager (% of firms)
16.12047386
2024 · World Bank
Firms with female participation in ownership (% of firms)
56.04531479
2024 · World Bank
Firms formally registered when operations started (% of firms)
82.30902863
2024 · World Bank
Sources: World Bank
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