Ireland's Integration and Growth in the European Union

Ireland's Accession to the European Economic Community

Ireland joined the European Economic Community (EEC) on January 1, 1973.

This historic moment marked the beginning of Ireland's integration into the European Union (EU), which has had a profound impact on the country's economic and social development.

Ireland's Benefits from EU Membership

Ireland has benefited significantly from its EU membership.

Between 2021 and 2027, Ireland is projected to receive over 14 billion in EU Cohesion funding. This funding supports Ireland's economic growth and competitiveness, as well as improving its infrastructure and social services.

Ireland's Role in the EU

Ireland plays a central role in the EU.

The country actively participates in the development of EU economic and social policies, shaping the future of the Union. Ireland's contributions have helped to create a more prosperous and integrated Europe.

Ireland's Economic Outlook

Despite the economic challenges of 2023, Ireland's GDP is projected to rebound in the coming years.

Following a projected decline of 0.9% in 2023, Ireland's GDP is expected to grow by 3.0% in 2024 and 3.4% in 2025. This growth is expected to be driven by a recovery in consumer spending, exports, and investment.