Back to Top

How is the CSO doing?

Your feedback can help us improve and enhance our services to the public. Tell us what matters to you in our online Customer Satisfaction Survey.

 Skip navigation

Gross Value Added by Activity

Gross Value Added by Activity

Multinational sector activity rose by 1.5% in 2024 while non-MNE dominated grew by 3.6%

Online ISSN: 2811-5724
CSO statistical release, , 11am
Foreign-owned MNE dominatedOther
2016111.425388650375195.933780627226
2017123.153810391001207.561893493404
2018142.862792341623217.611550561943
2019152.375125840361226.871501569788
2020189.456198629889214.306534717086
2021237.50463878775231.524366110526
2022269.585347718411240.231595134989
2023237.410439818229261.863455193753
2024241.012617783688271.311299325602

Get the data: PxStat NA018

Gross Value Added (GVA) at constant (2023) basic prices for the MNE dominated sectors of the economy rose by 1.5% between 2023 and 2024. The non-MNE dominated sectors grew by 3.6% over the same period, resulting in an overall expansion of 2.6%.

Real GVA for the total economy was just over €512 billion in the 2024 reference period, with GVA for MNE dominated sectors contributing approximately €241 billion while GVA for the non-MNE dominated sectors was approximately €271 billion.

Of the larger non-MNE dominated sectors, there were increases in the Financial & Insurance Activities sector (+16.1%), Manufacture of Food products, beverages and tobacco products (+9.0%), Real Estate Activities (+6.0%), Public administration and defence (+5.1%), Legal, Accounting, Management Consultancy, Architecture & Engineering Activities (+3.6%), Agriculture, Forestry & Fishing (+1.3%), Administrative & Support Service Activities (+1.2%) and Construction (+0.8%). The larger domestic facing sectors that recorded year-on-year contractions included the Arts & Entertainment sector (-10.2), Wholesale & Retail sector incl. the Sale & Repair of Motor Vehicles (-0.8%) and Education (-0.8%).


Amongst the larger MNE dominated sectors, there was growth in Information and Communication (+6.2%) while the Industrial Manufacturing sector comprising Furniture; Other Manufacturing; Repair & Installation of Machinery & Equipment which is largely driven by the Medical Devices constituent element increased by +5.6%. The manufacturing of Chemicals & Chemical Products, Solid Fuel, Coke & Refined Petroleum Products declined -54.6% in the year compared with 2023.

Foreign-owned MNE dominatedOther
20160.3328750933021820.64904218296783
20173.876330977056313.84317814491126
20186.19079213547413.15669972705802
20192.673231629991942.6023050947103
202011.6379845604253-3.94354529773216
202112.13111294768594.34710173029125
20226.908176714972941.87499213090163
2023-6.342951425915494.26449822422533
20240.7214833383933291.89231686780294

Get the data: PxStat NA018

Foreign-owned MNE dominatedOtherTotal
199515.7203159648063101.988890656152112.716818912439
199616.9610867478625107.670961764363119.486838120472
199721.1842106666121115.327179278312131.986060333795
199825.2333504457312122.380903967342143.74784510997
199929.8539358348134128.93796375426155.786432057709
200033.8252489338239137.239865256427168.502587662038
200135.8322164479349141.513326371721174.921830430188
200241.505644927074145.296646477147185.578711864954
200339.5777083228801150.436844372657187.986225884329
200440.3911840887957159.700489619853197.759735465533
200544.096408990458168.042259156528209.806307379005
200646.4956765720415175.386060888962219.437511662072
200751.4710316635327187.914277721184236.595647643758
200849.9628038534873183.992411383107231.284528155095
200952.0562106758527167.502098235298216.542927384692
201055.1650602005766168.302661072676220.436868719756
201155.5470778821096173.250334575502225.736480508571
201255.1833153291457167.200442602413219.440735832162
201353.8851310189978173.287876378968224.22919767154
201461.8873461928586184.954743086261243.584176719948
2015110.407714494773193.949512447382298.391629264022
2016111.425388650375195.933780627226301.321588222709
2017123.153810391001207.561893493404324.582135712019
2018142.862792341623217.611550561943354.922424434933
2019152.375125840361226.871501569788373.646487280201
2020189.456198629889214.306534717086402.396489301163
2021237.50463878775231.524366110526468.704246664852
2022269.585347718411240.231595134989509.87133203721
2023237.410439818229261.863455193753499.273895011982
2024241.012617783688271.311299325602512.32391710929

Get the data: PxStat NA018

The share of total GVA at constant prices accounted for by the foreign-owned MNE dominated sectors stood at 47.0% in 2024, a decline from 47.6% in 2023 (see Table 5.3).

Table 5.1 Gross Value Added of Foreign-owned MNE dominated sectors and Other sectors at Current Basic Prices

Table 5.2 Gross Value Added of Foreign-owned MNE dominated sectors and Other sectors at Constant Basic Prices (chain-linked annually and referenced to year 2023)

Table 5.3 Composition of Foreign-owned multinational enterprise dominated sectors and Other sectors

Table 5.4 provides gross value added (GVA) at basic prices in current terms for 37 sectors of the economy according to the NACE Rev. 2 classification system. It provides more detail than that of the 10 economic sectors shown in Table 3.4. Table 5.4 provides valuations of GVA for the sectors at 'basic prices', in line with the valuation used in Tables 3.3 and 3.4. 'Basic prices' is the valuation used in EU publications and differs from 'factor cost' in that overhead taxes (such as rates) are included in the basic prices valuations while overhead subsidies are excluded.

Table 5.4 Gross Value Added by Activity at Current Basic Prices

Table 5.5 provides gross value added at constant prices (chain linked and referenced to 2023) for 37 sectors of the economy. The same sectors are used as in Table 5.4 which is at current prices. The table provides a detailed breakdown of real growth in the constituent sectors of the economy. It aligns with Table 3.6 (the 10 sector breakdown) but provides a greater level of detail. The valuation used in Table 5.5 (as in Table 5.4) is 'basic prices'.

Table 5.5 Gross Value Added by Activity at Constant Basic Prices (chain linked annually and referenced to year 2023)