Foreign-owned firms far more productive than Irish-owned firms – CSO

Foreign sector companies were eight times more productive than Irish-owned firms between 2024 and 2025, according to Ireland's Central Statistics Office.

Figures released by the CSO on Tuesday show that on average, companies in the foreign sector produced EUR507.3 per hour in wages and profits, compared to EUR65.8 per hour for Irish-owned companies.

Overall, the value added per hour worked, known as labour productivity, increased by 6.1% in Ireland, with EUR125.3 more made per hour in wages and profits than the year previous.

But Irish-owned companies recorded a small fall in productivity, down from EUR66.3 an hour.

That was compared with a 15% increase in the foreign sector, up from EUR440.

Employees in Irish-owned companies also recorded a bigger increase in hours worked, 2%, than the average, 1.6%.

The report also found employees in the foreign-dominated sector have capital assets of EUR1.4 million each in 2025, more than four times higher, than the EUR353,500 of assets per employee in the domestic sector.

By Micheal O Scannail, Press Association

Press Association: News

source: PA

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