Construction output tumbled 35.7 percent from a year earlier in the second quarter of 2020, following a downwardly revised 12 percent gain in the previous period. It was the sharpest fall in construction activity since Q1 2010. Building activity fell 35.1 percent (vs 11.2 percent in Q1) and civil engineering works declined 36.8 percent (vs 13.4 percent). source: Central Statistics Office Ireland
Construction Output in Ireland averaged -0.26 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 October of 2020.
Construction Output in Ireland is expected to be -7.30 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 18.90 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.