Output and Value Added by Activity 2023
Output €1,005billion (unchanged) minus Intermediate Consumption (IC) €521billion (up 2.7%) equals Gross Value Added (GVA) €484billion (down 2.7%)
The breakdown of output between inputs and value added across sectors in 2023:
- Industry: IC 48%, GVA 52%
- Distribution, Transport and Communication: IC 61%, GVA 39%
- Business Services: IC 43%, GVA 57%
- Construction: IC 73%, GVA 27%
Production Industries versus Service Industries 2015-2023:
Production Industries share of Ireland's -
- Output: 2015-40%, 2023-30%. Down 10%.
- GVA: 2015-39%, 2023-32%. Down 7%.
Service Industries share of Ireland's -
- Output: 2015-56%, 2023-64%. Up 8%.
- GVA: 2015-58%, 2023-64%. Up 6%.
