Dublin is young, vibrant city. The city area has a population of 554,554, which has been growing at an estimated average rate of 1.5% pa since the 2016 census. 20% of the population is 19 years old or younger, making it one of the youngest capital cities in the EU. Highly skilled workers are attracted to Dublin for its many career opportunities, with 22% of the population born outside of Ireland. It benefits from a highly educated workforce with 40% educated to third level or higher. It is also a digitally connected city, where 95% of households have fixed broadband.
Dublin is a gateway to Ireland and the European Union and this underpins the city’s position as a major economic driver for Ireland, accounting for 41% of the country’s GVA. It is a predominately services driven economy, which make up approximately 80% of business activity. For more on the economy, see dublineconomy.ie
Foreign Direct Investment plays a significant role in the city’s economy. Dublin is ranked no. 2 globally for ‘Business Friendliness’ and no. 1 for ‘European Headquarters’ by fDi. Dublin is home to some of the most influential multinational corporations, with substantial clusters in technology, finance and professional services. Within Dublin Docklands, there are over 500 firms operating, including more than half the world’s top 50 banks and top 20 insurance companies. Dublin is also a major global hub for fund administration, aircraft leasing, insurance and a range of wholesale banking activities. For more on investing in Dublin, see dublin.ie/invest
Dublin is also an innovative city. The Smart Docklands District, launched jointly by Dublin City Council and Trinity College Dublin’s CONNECT research centre in 2018, is an example of continued investment in the City, ensuring that Dublin is ready for the future. For more, see smartdublin.ie