Ireland’s construction output surged 26.3 percent from a year earlier in the second quarter of 2021 following a revised 31.3 percent fall in the previous three-month period. It was the strongest growth in construction output since the second quarter of 2004, as output rebounded at an accelerated pace in all sectors: civil engineering (85 percent vs -26.1 percent in Q1); residential (43.6 percent vs -53.1 percent); and non-residential (19.1 percent vs -27.2 percent). On a quarterly basis, construction output expanded by 7.7 percent, following a 24.7 percent contraction in the previous quarter. source: Central Statistics Office Ireland
Construction Output in Ireland averaged -0.92 percent from 2001 until 2021, 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 November of 2021.
Construction Output in Ireland is expected to be 16.50 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 2022 and 3.20 percent in 2023, according to our econometric models.