Intel Ireland Economic Impact
Find out more about the economic impact of Intel in Ireland since 1989.
Intel Ireland Economic Impact
The impact of Intel in Ireland has stretched over the past three decades. To help illustrate this impact, we have commissioned various economic impact analyses of Intel in Ireland from PwC and Arizona State University. The analyses include an assessment of economic benefits from both operational and capital expenditure since 1989 and contributions in areas such as education and community.
Intel Ireland Economic Impact
About the Intel Economic Impact Report
Intel commissioned Price Waterhouse Coopers (PwC) and Arizona State University (ASU) to complete Economic Analyses of Intel in Ireland. Intel specifically commissioned PwC to assess the economic contribution that the company has made to the Irish economy since 1989. In this regard, the two key areas of economic impact were analysed:
- Intel's Operational Expenditure (“OpEx”) (the day-to-day operation of Intel)
- Intel's Capital Expenditure (“CapEx”) (relating to the development of the Intel Campus)
The ASU report measured the impact of Intel Corporation on employment, income, and tax revenues in Ireland in 2023. Estimated impacts include the direct effects of Intel’s operations and purchases in the country and multiplier effects arising when income is recycled within the national economy. The IMPLAN input-output model was used to estimate multiplier effects.
Methodology Explained
Economic benefits to Ireland derive from Intel's operational and capital expenditure. The full-economy impact of any organisation is a function of two factors: the value of national economy expenditures and the sectoral composition of this spending.
The sectoral composition of demand is material to the extent that spending in sectors with a low import content (for example, services) has a more substantial impact on the national economy than expenditures in sectors with a high import content.
The full-economy impacts of a € increase in expenditure in a defined sector are measured at three levels which describe the progression of the € spend through the economy, namely, direct, indirect, and induced. By applying the relevant sectoral multipliers and effects (for example, food, housing, electricity, and construction), the full-economic impact of Intel’s expenditure was calculated.
The information provided throughout this webpage represents a summary of key data points which have been extrapolated from overall report findings. The content presented is for general information purposes only and should not be used as a substitute for consultation with professional advisors. Should you require any further information please contact intel.ireland.corporate.affairs@intel.com.