FDI in Ireland totals 1.32 tln euros at end-2022: CSO


  • World
  • Saturday, 04 Mar 2023

DUBLIN, March 3 (Xinhua) -- The accumulated amount of foreign direct investment (FDI) in Ireland totaled 1.32 trillion euros (1.4 trillion U.S. dollars) as of the end of 2022, the country's Central Statistics Office (CSO) said on Friday.

This represents an increase of 89.2 billion euros or 7.24 percent compared with the end of 2021.

FDI income outflows, which represent income earned by foreign investors in Ireland, were 41.3 billion euros in the fourth quarter (Q4) of 2022, up 12 billion euros or 41 percent compared with the same period of 2021, it said.

Of the 41.3 billion euros in FDI income outflows in Q4 2022, 25.6 billion euros came from the manufacturing sector and 10.5 billion euros from the information and communications sector, with the remaining 5.2 billion euros from other sectors.

As of the end of last year, the accumulated amount of Ireland's direct investment abroad totaled 1.11 trillion euros, down 160 billion euros or nearly 13 percent compared with the end of 2021.(1 euro = 1.06 U.S. dollar)

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In World

Heavy gunfire erupts in South Sudan's capital Juba - Reuters reporter
Feature: Hungarian section of Budapest-Belgrade railway fast-tracked to completion
Putin says Russia fired hypersonic ballistic missile at Ukraine in warning to the West
WTO report examines AI's impact on global trade
South Africa's central bank cuts repo rate by 25 basis points
President's party wins 130 of 165 seats in Senegal parliamentary vote, state TV says
Kenya axes airport expansion, power transmission deals with Indian firm
China Telecom launches Saudi subsidiary
FBI, DHS leaders decline to testify publicly about threats facing US
AU, UN agencies call for building resilient industries to advance Africa's development

Others Also Read