March 13, 2026 — New York
The American Chamber of Commerce Ireland (AmCham) launched its 2026 US-Ireland Business Report at the Consulate General of Ireland in New York, revealing that US firms’ foreign direct investment in Ireland reaches $467 billion (€404 billion) in 2024, exceeding investments in China, Germany, and France.[1] The figure, based on U.S. Bureau of Economic Analysis (BEA) data released July 22, 2025, positions Ireland as the fifth-largest destination for U.S. FDI stock at $466.8 billion.
Key Comparisons and Rankings
US firms’ foreign direct investment in Ireland reaches $467 billion (€404 billion) in 2024, exceeding investments in China, Germany, and France.[1] Specifics from the AmCham report show U.S. FDI in Germany at $226 billion, France at $108 billion, and China at $123 billion, totaling $457 billion—less than Ireland alone. Ireland trails the UK ($1,024.6 billion), Netherlands ($1,012.0 billion), Luxembourg ($569.6 billion), and Singapore ($467.6 billion).
“U.S. foreign direct investment stock in Ireland totaled $467 billion in 2024, well above comparable numbers for Germany ($226 billion), France ($108 billion) and Asia’s twin giants, China ($123 billion) and India ($58 billion).”
Joseph Quinlan, Wall Street economist and Johns Hopkins Fellow, stated in the report.
Economic Impact
Nearly 1,000 U.S. affiliates in Ireland employ 245,000 people, generate $625 billion in sales, and $150 billion in output, per AmCham and Irish Examiner coverage. The U.S. International Trade Administration corroborates the $467 billion stock with about 1,000 firms employing 211,000.
US firms’ foreign direct investment in Ireland reaches $467 billion (€404 billion) in 2024, exceeding investments in China, Germany, and France.[1] This underscores a resilient transatlantic partnership amid global uncertainty.
“The numbers speak for themselves: Irish-US bonds are quite strong and are expected to grow stronger in the years ahead.”
Quinlan added.
AmCham CEO Paul Sweetnam emphasized: “This is not simply a strong trading relationship, it is a deeply embedded, two-way economic partnership.”
Two-Way Investment Ties
Ireland ranks fifth for FDI into the U.S. at nearly $390 billion (€338 billion), employing over 200,000 Americans. Ireland’s Central Statistics Office reports total FDI at €1,089 billion in 2024, with U.S. dominant.
US firms’ foreign direct investment in Ireland reaches $467 billion (€404 billion) in 2024, exceeding investments in China, Germany, and France.[1] The report anticipates strengthened ties, boosted by Ireland’s 2026 EU presidency.
AmCham President Mark Cockerill noted opportunities for competitiveness and single market strengthening.
The launch, attended by Irish Minister Peter Burke and Consul General Gerald Angley, highlights enduring U.S.-Ireland economic bonds.