Ireland’s economic recovery is being driven by just 40 per cent of firms, according to InterTradeIreland’s latest Business Monitor.

While business continues to experience recovery, with 83 per cent of businesses surveyed being stable or growing, a smaller number is reporting strong growth.

"Although moderate to rapid growth was found in businesses of all sizes, types and sectors, it was especially prevalent amongst larger firms," said Aidan Gough of InterTradeIreland. "The report confirmed that those firms that are exporting and those who take a more strategic approach to growth, such as having a formal business plan in place, are more successful."