New research has revealed that Wicklow is the best county in Ireland for small and medium sized enterprises.
New research has revealed that Wicklow is the best county in Ireland for small and medium sized enterprises.
Experts from Baldwin Digital analysed the latest data from the Central Statistics Office on enterprises with under 50 employees in 26 of Ireland’s counties, and Wicklow came out on top.
Each county was ranked based on the number of SMEs per 10,000 people, the percentage of SMEs in relation to all businesses, and the percentage difference in SMEs from 2019 to 2021. The counties were given an overall score out of 100 based on these metrics and ranked from best to worst.
Wicklow finished first as Ireland’s best county for solo enterprises, scoring 63.88. Approximately 72.4pc of the county’s businesses are SMEs, the second-highest figure nationwide behind Laois (73.56pc). It also ranks 11th in the country for start-ups per 10,000 residents, with 2,026. The number has also risen by 1.5pc between 2019 and 2021, the 15th-highest rate.
Donegal takes second spot in the study with a score of 61.15.