Economy of Limerick

Limerick is the third largest city in the Republic of Ireland and is the capital of Ireland's Mid-West Region comprising the counties of Limerick, Clare and North Tipperary. Traditionally Limerick's economy was mainly agricultural of which a lot of industry in the city was based around due to the city's proximity to the Golden Vale. Important industries at this time were the bacon industry and Limerick lace which provided much employment. Limerick Port was also the main port on the west of Ireland where much this produce was exported. Today Limerick's economy is driven by a cluster of industrial and business parks located along the Limerick/Shannon corridor which include the National Technology Park, Raheen Business Park & the Shannon Free Zone. Limerick/Shannon is also recognised as a gateway city as part of the National Spatial Strategy.

County Clare, County Limerick and North Tipperary as part of the Mid-West region with a population of 360,000 has a GVA of €10.7bn(2005).

According to Eurostat figures for 2012, the region has GDP of €11.468 bn and a GDP per capita of €30,300

Most of the industry in the Mid-West is concentrated around the Limerick urban area and the Shannon Free Zone, centred on the Limerick Suburban Rail network.

The main urban centres in the region are the Limerick urban area with almost 100,000, then Ennis (25,000), Shannon (9,000), Nenagh (9,000), Thurles (8,000), Newcastle-West (7,000).

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