Ireland's manufacturing sector saw a notable rise in its contribution to GDP from 1995 onwards, peaking dramatically at 34.8% in 2015, driven by foreign direct investment, particularly from tech and pharmaceutical sectors. The sector continued strong growth, reaching 38.0% 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.