Ireland’s construction output growth jumped 23 percent from a year earlier in the first quarter of 2022, rebounding from a 0.1 percent contraction in the previous three-month period. It was the sharpest increase in construction since Q2 of 2021, as activity accelerated for production of residential buildings (76.9 percent vs 0.2 percent in Q4) and civil engineering works (14.1 percent vs 11.3 percent), while construction rebounded for non-residential buildings (17.7 percent vs -2.5 percent). On a quarterly basis, construction output fell by 2.4 percent, following a 5.7 percent rise in the previous period. source: Central Statistics Office Ireland

Construction Output in Ireland averaged -0.63 percent from 2001 until 2022, reaching an all time high of 36.20 percent in the second quarter of 2004 and a record low of -37.60 percent in the second quarter of 2009. This page provides - Ireland Construction Output- actual values, historical data, forecast, chart, statistics, economic calendar and news. Ireland Construction Output - data, historical chart, forecasts and calendar of releases - was last updated on August of 2022.

Construction Output in Ireland is expected to be -16.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Ireland Construction Output is projected to trend around 5.20 percent in 2023 and 3.20 percent in 2024, according to our econometric models.

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Ireland Construction Output



Calendar GMT Actual Previous Consensus TEForecast
2022-03-02 11:00 AM Q4 0.1% -0.5% 15.2%
2022-06-02 10:00 AM Q1 23% -0.1% -0.5%
2022-09-07 10:00 AM Q2


Related Last Previous Unit Reference
Housing Index 161.80 160.20 points May 2022
New Home Sales 630.00 548.00 Units Mar 2022
Existing Home Sales 3288.00 3036.00 Units Mar 2022
Construction Output 23.00 0.10 percent Mar 2022
Building Permits 2430.00 2355.00 Mar 2022

Ireland Construction Output
In Ireland, construction output refers to the year over year change in the volume of output in building and construction.
Actual Previous Highest Lowest Dates Unit Frequency
23.00 0.10 36.20 -37.60 2001 - 2022 percent Quarterly
SA

News Stream
Irish Construction Sector Grows in Q1
Ireland’s construction output growth jumped 23 percent from a year earlier in the first quarter of 2022, rebounding from a 0.1 percent contraction in the previous three-month period. It was the sharpest increase in construction since Q2 of 2021, as activity accelerated for production of residential buildings (76.9 percent vs 0.2 percent in Q4) and civil engineering works (14.1 percent vs 11.3 percent), while construction rebounded for non-residential buildings (17.7 percent vs -2.5 percent). On a quarterly basis, construction output fell by 2.4 percent, following a 5.7 percent rise in the previous period.
2022-06-02
Irish Construction Sector Rebounds in Q4
Ireland's construction output growth rose 0.1 percent from a year earlier in the fourth quarter of 2021, rebounding from a downwardly revised 0.5 percent contraction in the previous three-month period amid a growth in civil engineering works (11.4 percent vs 16 percent in Q3). Activity in the construction sector remained lower than pre-pandemic levels. Meanwhile, output continued to decline for both non-residential (-2.3 percent vs -3 percent) and residential (-1.8 percent vs -3.2 percent) sectors. On a quarterly basis, construction output advanced 6.2 percent, slowing from an 8.8 percent surge in the previous period.
2022-03-02
Irish Construction Sector Falls Into Contraction in Q3
Ireland's construction output shrank 1.4 percent from a year earlier in the third quarter of 2021, following an upwardly revised 28.4 percent expansion in the previous three-month period. Activity in the construction sector has also remained lower than pre-pandemic levels. Non-residential building was down 6.5 percent (vs 23.7 percent in Q2), while residential building grew 7.7 percent (vs 32.8 percent in Q2) and civil engineering works increased 20.6 percent (vs 78.1 percent in Q2). On a quarterly basis, construction output advanced 7.5 percent, after a 9.9 percent surge in the previous period.
2021-12-02