Ireland's manufacturing sector saw a notable rise in its contribution to GDP from 1995 onwards, peaking dramatically at in 2015, driven by foreign direct investment, particularly from tech and pharmaceutical sectors. The sector continued strong growth, reaching by 2022, as multinational corporations increasingly based operations in Ireland due to favorable tax policies. This high GDP share, rare in developed economies, underscores Ireland's unique position as a global manufacturing hub, particularly for high-value goods, even amid recent global economic shifts.
For a deeper dive into the topic, explore Ireland’s industry sector share in GDP, Ireland’s goods export value, Ireland’s agriculture sector share in GDP.