Foreign Direct Investment (FDI) into Dublin Decreases in Q3 2024
Based on a rolling 4 quarter average, foreign direct investment (FDI) into Dublin declined in Q3 2024, following exceptional Q2 growth. Average capital investment over the 4 quarters decreased by 1.9% QoQ and 9.6% YoY to $831 million. Investment in absolute terms in Q3 fell to $282 million, having reached over $1,400 million in the previous quarter.
Total Capital Investment in Dublin ($m), Rolling 4 Quarters, Q3 2020 – Q3 2024
The number of FDI projects and jobs created also declined by 1.9% and 8.6% QoQ respectively based on a rolling 4 quarter average. In absolute terms, all European cities analysed, with the exception of Madrid, recorded a QoQ decline in capital investment in Q3, as economic growth slowed across the region. In spite of this, Dublin compared favourably for both FDI per capita ($732.18) and average project value ($32 million) based on a rolling 4 quarter average.
