Ireland is an island in the North Atlantic. It is divided between the Republic of Ireland, which accounts for five-sixths of the island, and Northern Ireland, which is a part of the United Kingdom.
The Republic of Ireland Economy: The economy of the Republic of Ireland focuses on services into high-tech, life sciences, financial services, and agribusiness.
In the last ten years, the government has adopted a series of economic measures to control inflation, reduce the tax burden, lowering government spending, promoting high employment, and encouraging investment from foreign companies.
The Republic of Ireland ranks 6th of 175 in the World Bank ranking.