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. source: Central Statistics Office Ireland
Construction Output in Ireland averaged -0.91 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 May of 2022.
Construction Output in Ireland is expected to be 28.50 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 2023 and 3.20 percent in 2024, according to our econometric models.