Southern Ireland posts largest GDP per capita in EU in 2022

South of Ireland posted a GDP per capita, expressed in terms of purchasing power standards of 286% 

While GDP encompasses the activity of these large international firms, they bring with them massive amounts of intellectual property assets and profits that will eventually be repatriated. Picture Dan Linehan

Ireland's southern region recorded the highest GDP per capita in the European Union (EU) in 2022, helped in large part by the presence of major multinationals domiciled in the region.

New figures from the EU's statistics agency, Eurostat found that regional GDP per capita, expressed in terms of purchasing power standards for Southern Ireland was 286% in 2022, followed by Luxembourg at 257% and Eastern and Midland Ireland at 247%.