Ireland has been ranked in 18th position globally and 11th in western Europe for the level of protection which it affords to property rights followng the publication of the International Property Rights Index 2014. The Index ranks 97 countries in respect of their legal and political environments, physical property rights and intellectual property rights.

Ireland is ranked one place higher at 17th globally in respect of its intellectual property rights protection. Most notably, it has been placed third globally and first in western Europe for its patent protection - a position which it shares with overall top ranked country Finland. This result should be further cemented by the proposed introduction of a local Irish division of the Unified Patent Court.

The full breakdown of the results can be found at www.internationalpropertyrightsindex.org/country.