Ireland

Capital: Dublin                HDI: 0.899 (11th)

Language: English, Irish  GDP (PPP): $226.8 billion

Population: ~ 4.9 million   Currency: Euro

 

Ireland has been referred to as the Celtic Tiger. This island nation and neighbor to Great Britain went from being a poor country of Europe to a very wealthy one in a short amount of time. The Irish have experienced an exponential increase in their quality of life thanks to this development. In an effort to encourage business investment, the nation has one of the lowest corporate taxes within the EU at 12.5%. The country was hit hard by the 2008-2009 financial crisis, but are now returning to growth and economic improvement.

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