Ireland's construction output shrank by 10.0 percent from a year earlier in the third quarter of 2020, easing from a revised 33.9 percent contraction in the previous three-month period, as the COVID-19 related shutdown of construction sites was gradually lifted. The residential and non-residential sectors decreased by 13.6 percent and 13.0 percent, respectively, while civil engineering works rebounded by 7.8 percent. On a quarterly basis, construction output surged 44.9 percent, recovering from a 40.8 percent contraction in the second quarter. source: Central Statistics Office Ireland
Construction Output in Ireland averaged -0.36 percent from 2001 until 2020, reaching an all time high of 36.20 percent in the second quarter of 2004 and a record low of -38.60 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 December of 2020.
Construction Output in Ireland is expected to be -3.80 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Construction Output in Ireland to stand at 6.50 in 12 months time. In the long-term, the Ireland Construction Output is projected to trend around 5.20 percent in 2021 and 3.20 percent in 2022, according to our econometric models.