Multinationals boosted Ireland's economy last year as GDP grew by 3.5% in Q4

This growth was mainly driven by expansion among large manufacturing firms during the same period tech multinationals started experiencing a slowdown, which has led to around 100,000 job cuts across the globe.

Dublin's Docklands is where many multinationals have based their European headquarters. 

Multinationals boosted Ireland’s economy in Q4 2022, with faster growth in the sector than in the two previous quarters, estimates from the Central Statistics Office (CSO) showed.

Early estimates indicate that gross domestic product (GDP), which measures multinational activity in the economy, grew by an estimated 3.5% in Q4 when compared with Q3.