Ireland's construction output sank 27.3 percent from a year earlier in the first quarter of 2021, following a downwardly revised 6.0 percent fall in the previous three-month period. The most affected sector was the residential one which plunged by 60.9 percent, followed by significant decreases in activity in both non-residential (-19.5 percent) and civil engineering (-33.6 percent). On a quarterly basis, construction output contracted by by 21.0 percent, slowing from a 5.2 percent increase in the fourth quarter. source: Central Statistics Office Ireland
Construction Output in Ireland averaged -1.26 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 June of 2021.
Construction Output in Ireland is expected to be 36.80 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 5.20 in 12 months time. 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.