Ireland's construction output rose by 2.7 percent from a year earlier in the fourth quarter of 2020, following a downwardly revised 7.8 percent decline in the previous three-month period. The non-residential and civil engineering sectors increased by 6.5 percent and 3.2 percent, respectively, while the residential sector plunged by 18.4 percent. On a quarterly basis, construction output advanced by 13.7 percent, slowing from an upwardly revised 41.7 percent contraction in the third quarter. In 2020, construction output shrank 6.5 percent, the biggest decline since the 2011 financial crisis. source: Central Statistics Office Ireland

Construction Output in Ireland averaged -0.82 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 May of 2021.

Construction Output in Ireland is expected to be -6.00 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.

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Ireland Construction Output

Actual Previous Highest Lowest Dates Unit Frequency
2.70 -7.80 36.20 -38.60 2001 - 2020 percent Quarterly
SA


Calendar GMT Actual Previous Consensus TEForecast
2020-06-05 10:00 AM Q1 14.9% 10.0% 7.5%
2020-09-11 10:00 AM Q2 -35.7% 12% -20%
2020-12-02 11:00 AM Q3 -10.0% -33.9% -7.3%
2021-03-02 11:00 AM Q4 2.7% -7.8% -3.6%
2021-06-04 10:00 AM Q1 2.7%
2021-09-10 10:00 AM Q2
2021-12-07 11:00 AM Q3


News Stream
Ireland Construction Output Rebounds in Q4
Ireland's construction output rose by 2.7 percent from a year earlier in the fourth quarter of 2020, following a downwardly revised 7.8 percent decline in the previous three-month period. The non-residential and civil engineering sectors increased by 6.5 percent and 3.2 percent, respectively, while the residential sector plunged by 18.4 percent. On a quarterly basis, construction output advanced by 13.7 percent, slowing from an upwardly revised 41.7 percent contraction in the third quarter. In 2020, construction output shrank 6.5 percent, the biggest decline since the 2011 financial crisis.
2021-03-02
Irish Construction Output Shrinks at Softer Pace in Q3
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.
2020-12-02
Ireland Construction Output Falls the Most in a Decade
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).
2020-09-11
Irish Construction Output Rises at Faster Pace
Ireland's construction output growth accelerated to 14.9 percent year-on-year in the first quarter of 2020 from a downwardly revised 10.0 percent in the previous three-month period. The year on year change for the residential sector has seen a volume increase of 29.9 percent, non-residential building activity was also up with an increase of 12.9 percent, while civil engineering activity increased by 8.9 percent.
2020-06-05

Ireland Construction Output
In Ireland, construction output refers to the year over year change in the volume of output in building and construction.