Ireland 'fighting for investment' from decreasing global FDI pot, IDA says

But the agency insists Ireland is still an attractive prospect, citing investments by the likes of Stripe, Workday, and Alter Domus

The IDA has maintained that Ireland is still an attractive investment location for overseas companies, despite figures showing global foreign direct investment (FDI) flows fell to their lowest level since 2005 last year.

New OECD data show that global FDI flows decreased by 38% — to $846bn (€698bn) — in 2020, the lowest level for 15 years. FDI flows represented just 1% of global GDP last year, the lowest level since 1999.