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Ireland is a developed country with a quality of life that ranks amongst the highest in the world; after adjustments for inequality, the 2021 Human Development Index listing ranked it the sixth-highest in the world. [10] It also ranks highly in healthcare, economic freedom and freedom of the press.
The economy of the Republic of Ireland is a highly developed knowledge economy, focused on services in high-tech, life sciences, financial services and agribusiness, including agrifood. Ireland is an open economy (3rd on the Index of Economic Freedom ), [ 27 ] and ranks first for high-value foreign direct investment (FDI) flows. [ 28 ]
A developed country, or advanced country, [3] [4] is a sovereign state that has a high quality of life, developed economy, and advanced technological ... Ireland Isle ...
It is used to distinguish whether the country is a developed, developing, or underdeveloped country, and also to measure the impact of economic policies on quality of life. Countries fall into four broad categories based on their HDI: very high, high, medium, and low human development.
The island is divided between the Republic of Ireland, an independent state, and Northern Ireland, a constituent country of the United Kingdom. They share an open border and both are part of the Common Travel Area and as a consequence, there is free movement of people, goods, services and capital across the border.
This is an accepted version of this page This is the latest accepted revision, reviewed on 26 January 2025. World map of countries or territories by Human Development Index scores in increments of 0.050 (based on 2022 data, published in 2024) ≥ 0.950 0.900–0.950 0.850–0.899 0.800–0.849 0.750–0.799 0.700–0.749 0.650–0.699 0.600–0.649 0.550–0.599 0.500–0.549 0.450–0.499 0. ...
However, global and domestic factors combined in the 1970s and 1980s to return the country to poor economic performance and emigration. The 1990s, however saw the beginning of unprecedented economic success, in a phenomenon known as the " Celtic Tiger ", which continued until the 2008 global financial crisis, specifically the post-2008 Irish ...
This is a list of countries by inequality-adjusted Human Development Index (IHDI), as published by the UNDP in its 2024 Human Development Report.According to the 2016 Report, "The IHDI can be interpreted as the level of human development when inequality is accounted for", whereas the Human Development Index itself, from which the IHDI is derived, is "an index of potential human development (or ...