Output and Value Added by Activity 2024
Output €1,128 billion (up 10.5%) minus Intermediate Consumption (IC) €592 billion (up 13.6%) equals Gross Value Added (GVA) €536 billion (up 7.3%)
The breakdown of output between inputs and value added across sectors in 2024:
- Industry: IC 50%, GVA 50%
- Distribution, Transport and Communication: IC 62%, GVA 38%
- Business Services: IC 41%, GVA 59%
- Construction: IC 70%, GVA 30%
Production Industries versus Service Industries 2015-2024:
Production Industries share of Ireland's -
- Output: 2015-40%, 2024-31%. Down 9%.
- GVA: 2015-39%, 2024-33%. Down 6%.
Service Industries share of Ireland's -
- Output: 2015-56%, 2024-64%. Up 8%.
- GVA: 2015-58%, 2024-64%. Up 6%.