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Main Results

Total turnover in the Structural Business Economy up 24% to €1,013.8 billion in 2021

CSO statistical release, , 11am
Advisory Note

Under the new European Business Statistics (EBS) Regulation 2019/2152, the Sectors covered in Structural Business Statistics and Business Demography are now common as part of an EU-wide initiative to improve data processing and enhance coherency across a range of enterprise statistical products. To facilitate comparability with previous years, however, this release (2021) provides data on NACE sectors B to N (excluding K), R92, R93, S95, and S96. Users should note that the results presented in this release include both market and non-market producing enterprises.  

The 2021 Business Demography release includes the full population of NACE sectors set out in the Regulation. While the common sectors presented in both Business in Ireland and Business Demography are generally coherent, there may be slight differences in reported enterprises and persons employed. This is primarily due to the application of differing data processing and frame management, including legal form status, which has resulted in those slight differences.

Further releases under the ‘Business in Ireland’ title are planned which will include the full EBS NACE population as well as providing additional data and insights into the composition and constitution of enterprises across the economy.

Annual Comparisons

Table 1.1 Structural Business Statistics key variables, 2019 - 2021
     Percentage change
  20191202020212020 - 2021
Enterprises No. 285,466291,489309,6796.2%
Persons Employed No. 1,713,2571,598,6431,663,5864.1%
Turnover €m807,582815,9881,013,84924.2%
Gross Value Added€m250,387275,767326,00518.2%
Source: CSO Structural Business Surveys
1Break in series for Turnover and Gross Value Added in the Construction sector from 2019 due to new methodology.

There was an increase of 6.2% (18,190) in the number of active Enterprises in 2021 compared to 2020, while the number of Persons Employed increased by 4.1% for the same period.

Turnover and Gross Value Added

Total Turnover in the Structural Business Economy increased by 24.2% to €1,013.8 billion between 2020 and 2021. Gross Value Added (GVA), when measured at factor cost, and represents the value of goods and services produced in the economy, was €326.0 billion in 2021, an annual increase of 18.2%.

X-axis labelTurnoverGross Value Added
2019807.582250.387
2020815.988275.767
20211013.849326.004

Enterprises and Persons employed

The number of enterprises in the Structural Business Economy increased by 6.2% to 309,679 in 2021, compared with 291,489 enterprises in 2020. The number of persons employed rose by 4.1% in 2021 to 1,663,586, an increase of 64,943 when compared with 2020 levels.

Active EnterprisesPersons Employed
20192854661713257
20202914891598643
20213096791663586

Sectoral Breakdown 2021

Table 1.2 Structural Business Statistics key variables by sector, 2019 - 20211
     Percentage change
  20192202020212020 - 2021
Enterprises No. 285,466291,489309,6796.2%
of which: Industry (B-E)No. 18,59919,17120,5957.4%
                    Construction (F)No. 59,17562,66470,45912.4%
                    Distribution (G)No. 46,78646,79248,3943.4%
                    Services (H-N excl. K) and R92, R93, S95, S96.No. 160,906162,862170,2314.5%
     
Persons EmployedNo. 1,713,2571,598,6431,663,5864.1%
of which: Industry (B-E)No. 264,398260,660271,2634.1%
                    Construction (F)No. 158,227157,349170,4468.3%
                    Distribution (G)No. 390,546372,853383,0202.7%
                    Services (H-N excl. K) and R92, R93, S95, S96.No. 900,086807,781838,8573.8%
     
Turnover €m807,582815,9881,013,84924.2%
of which: Industry (B-E)€m287,682299,249380,84327.3%
                    Construction (F)€m28,05929,19636,22124.1%
                    Distribution (G)€m192,617183,495193,9355.7%
                    Services (H-N excl. K) and R92, R93, S95, S96.€m299,224304,048402,85032.5%
      
Gross Value Added€m250,387275,767326,00518.2%
of which: Industry (B-E)€m114,646128,416157,58822.7%
                    Construction (F)€m8,6508,0308,85310.2%
                    Distribution (G)€m25,88427,08527,7402.4%
                    Services (H-N excl. K) and R92, R93, S95, S96.€m101,207112,236131,82317.5%
Source: CSO Structural Business Surveys
1Totals may differ due to rounding.
2Break in series for Turnover and Gross Value Added in the Construction sector from 2019 due to new methodology.

Industry and Services had largest share of Turnover and GVA

The Industrial sector had 20,595 enterprises (6.7% of all enterprises) and 271,263 persons employed (16.3%) in the Structural Business Economy in 2021. However, this sector accounted for the largest share of total GVA (48.3%) and the second largest share of total Turnover at 37.6%.

The Services sector had the largest number of enterprises at 170,231 (55.0%) and persons employed at 838,857 (50.4%) in the Structural Business Economy in 2021. This sector also accounted for the largest share of total Turnover (39.7%) and for 40.4% of total GVA.

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Turnover
Construction3.6
Industry37.6
Distribution19.1
Services39.7
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GVA
Construction2.7
Industry48.3
Distribution8.5
Services40.4

The Distribution sector, which includes the motor, wholesale and retail trade sectors, had 48,394 enterprises (15.6% of total enterprises) and 383,020 persons employed (23.0%) in the Structural Business Economy in 2020. This sector accounted for 19.1% of total Turnover and 8.5% of total GVA.

The Construction sector accounted for more than one-fifth (22.8%) of enterprises and more than one-tenth (10.2%) of persons employed in the Structural Business Economy in 2020. However, this sector had the lowest share of both Turnover (3.6%) and GVA (2.7%).

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Enterprises
Construction22.8
Industry6.7
Distribution15.6
Services55
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Persons Employed
Construction10.2
Industry16.3
Distribution23
Services50.4