merrion street

Jobs Minister Richard Bruton today welcomed the publication of the latest World Economic Forum Global Competitiveness Index 2014-15, showing Ireland up three places in the rankings to 25th. This is Ireland’s best ranking in this index since 2009.

The announcement follows other evidence of improvements in Ireland’s global competitiveness performance, including:

• Steady improvement in Ireland’s ranking in the IMD competiveness rankings over recent years, up from 24th in 2011 to 15th in 2014. The 2014 ranking represents Ireland’s highest position in this series since 2008
• Forbes Magazine placing Ireland at No. 1 in its most recent Best Countries for Business ranking

Minister Bruton said:

By making it easier for Irish companies to do business in world markets, and more attractive for multinational companies to locate operations here, we can make a real difference to the level of job-creation.

Today’s announcement, coming after a succession of positive economic data including yesterday’s Exchequer returns, gives us further confidence that the plan we have adopted is working. The challenge now is to press on with this plan, support the growing economy and create the jobs we need.