Foreign Direct Investment (FDI) into Dublin Increases in Q2 2024.
Based on a rolling 4 quarter average, foreign direct investment (FDI) into Dublin increased rapidly QoQ in Q2 2024, following a slow start to the year. Average capital investment over the 4 quarters increased by 36% QoQ to $846m, driven by a strong Q2 which saw capital investment in absolute terms more than quadruple QoQ to $1,452 million.
Total Capital Investment in Dublin ($m), Rolling 4 Quarters, Q1 2020 – Q2 2024
In spite of increasing investment, the number of FDI projects and jobs created declined QoQ by 11.7% and 1.2% respectively, based on a rolling 4 quarter average – an indication that projects, although fewer, have been more capital intensive. Despite high levels of investment in Q2, YoY declines based on a rolling 4 quarter average were recorded across investment (-27.5%), projects (-15.2%) and jobs (-9.3%).
In contrast, FDI per capita in Dublin based on a rolling 4 quarter average compared favourably internationally at $736 in Q2.
