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Output and Value Added by Activity 2024

Gross Value Added (GVA)

GVA increased by 7.3% to €536 billion in 2024

Online ISSN: 2009-096X

CSO statistical release, 13 November 2025, 11am

Gross Value Added (GVA) is conceptually the same aggregate as Gross Domestic Product (GDP). They both measure the added value generated in an economy by the production of goods and services. The difference between the two concepts is that GDP is measured after including product taxes (e.g. excise duties, non-deductible VAT, etc.) and deducting product subsidies while GVA is measured prior to adding product taxes but includes product subsidies. For more information see the Background Notes.

Table 4.1 Gross Value Added by NACE A64 sector, 2019-2024

Table 4.1 Gross Value Added by NACE A64 sector, 2019-2024¹								€million
ESA A64 code	NACE Rev. 2	Activity	2019	2020	2021	2022	2023	2024
1	1	Crop and animal production, hunting and related service activities	3,262	3,679	4,422	5,846	4,135	5,444
2	2	Forestry and logging	19	18	18	50	82	75
3	3	Fishing and aquaculture	189	154	193	211	227	228
4	05-09	Mining and quarrying	504	381	633	784	718	835
5	10-12	Manufacture of food products, beverages and tobacco products	7,739	7,682	8,328	9,718	10,602	11,657
6	13-15	Manufacture of textiles, wearing apparel and leather products	161	142	176	191	206	216
7	16	Manufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials	354	328	486	550	570	552
8	17	Manufacture of paper and paper products	227	243	253	266	315	338
9	18	Printing and reproduction of recorded media	308	263	231	282	396	361
10-11	19-20	Manufacture of coke and refined petroleum products; basic chemicals	14,563	17,109	13,888	13,277	5,948	2,835
12, 17²	21 & 26	Manufacture of pharmaceutical products; computer, electronic and optical products	77,498	88,170	114,461	150,053	116,357	127,368
13	22	Manufacture of rubber and plastic products	660	717	844	933	1,013	1,077
14	23	Manufacture of other non-metallic mineral products	1,011	807	844	960	1,145	1,199
15	24	Manufacture of basic metals	380	333	168	153	297	471
16	25	Manufacture of fabricated metal products, except machinery and equipment	1,127	1,077	1,119	1,266	1,495	1,411
18	27	Manufacture of electrical equipment	428	470	458	423	591	617
19	28	Manufacture of machinery and equipment not elsewhere classified	1,352	1,714	1,278	1,533	1,723	1,572
20-21	29-30	Manufacture of motor vehicles, trailers and semi-trailers; other transport equipment	385	250	268	278	321	307
22	31-32	Manufacture of furniture; other manufacturing	9,450	8,529	10,530	12,674	14,650	15,737
23	33	Repair and installation of machinery and equipment	505	486	549	619	763	672
24	35	Electricity, gas, steam and air-conditioning supply	2,936	3,137	3,923	3,653	5,630	5,423
25	36	Water collection, treatment and supply	428	416	885	953	676	768
26	37-39	Sewerage, waste management and remediation activities	1,041	975	1,166	1,418	1,446	1,554
27	41-43	Construction	9,461	8,700	10,130	12,243	13,564	14,312
28	45	Wholesale and retail trade and repair of motor vehicles and motorcycles	1,788	1,751	1,851	2,182	2,515	2,712
29	46	Wholesale trade, except of motor vehicles and motorcycles	13,308	15,158	16,057	18,559	19,601	19,318
30	47	Retail trade, except of motor vehicles and motorcycles	9,638	9,544	10,244	10,897	12,135	12,254
31	49	Land transport and transport via pipelines	2,898	2,592	2,898	3,558	3,923	4,100
32	50	Water transport	69	54	62	83	96	107
33-34	51-52	Air transport, Warehousing and support activities for transportation	3,218	29	800	3,091	4,182	4,326
35	53	Postal and courier activities	934	1,000	1,099	1,070	1,093	1,133
36	55-56	Accommodation; food and beverage service activities	5,710	2,843	3,899	7,083	8,241	8,832
37-38, 40²	58-60, 62-63	Publishing, audiovisual and broadcasting activities; Computer programming, consultancy and related activities; information service activities	47,872	58,149	75,738	83,880	97,603	107,260
39	61	Telecommunications	3,291	3,402	3,850	3,916	3,599	3,955
41	64	Financial service activities, except insurance and pension funding	8,789	8,816	11,286	10,489	10,117	15,018
42	65	Insurance, reinsurance and pension funding, except compulsory social security	4,196	3,026	4,747	3,010	6,795	5,942
43	66	Activities auxiliary to financial services and insurance activities	4,054	4,042	3,903	4,074	6,250	6,122
44	68	Real estate activities	20,317	20,235	22,216	25,516	27,429	30,768
45	69-70	Legal and accounting activities; activities of head offices; management consultancy activities	11,547	14,567	16,130	19,040	21,330	22,194
46	71	Architectural and engineering services; technical testing and analysis	2,856	3,124	3,776	4,212	4,855	5,306
47	72	Scientific research and development	1,226	1,064	1,274	1,957	2,573	2,993
48	73	Advertising and market research	1,279	938	1,122	940	1,071	1,115
49	74-75	Other professional, scientific and technical activities; veterinary activities	1,132	1,124	1,403	1,598	1,705	1,698
50	77	Rental and leasing activities	18,103	15,513	14,328	15,922	17,911	19,199
51	78	Employment activities	2,269	1,978	2,640	3,557	3,633	3,641
52	79	Travel agency, tour operator and other reservation services and related activities	347	198	166	355	446	477
53	80-82	Security and investigation activities; services to buildings and landscape activities; office administrative, office support and other business support activities	3,542	3,369	3,719	4,451	5,468	5,773
54	84	Public administration and defence; compulsory social security	9,614	10,153	10,804	11,719	12,581	13,523
55	85	Education	10,053	9,865	10,514	11,446	12,447	13,189
56	86	Human health activities	11,642	12,050	13,635	14,890	16,756	17,885
57	87-88	Social work activities	4,636	4,465	4,779	5,385	5,987	6,123
58	90-92	Creative, arts and entertainment activities; libraries, archives, museums and other cultural activities; gambling and betting activities	1,674	1,466	1,757	2,280	2,373	2,019
59	93	Sports activities and amusement and recreation activities	1,011	693	846	1,131	1,232	1,314
60	94	Activities of membership organisations	746	693	737	1,021	880	937
61	95	Repair of computers and personal and household goods	95	77	88	95	107	104
62	96	Other personal service activities	1,018	728	821	1,201	1,384	1,432
63	97-98	Activities of households as employers of domestic personnel; undifferentiated goods- and services-producing activities of households for own use	189	179	203	35	85	81
64	99	Activities of extraterritorial organisations and bodies (not included)
01-63	01-98	All NACE economic sectors	343,049	358,665	422,643	496,978	499,274	535,877
¹Preliminary figures. GVA excludes statistical discrepancy.
²Codes aggregated for confidentiality reasons.

Open in Excel: Output and Value Added by Activity 2024 Table 4.1 (XLS 19KB)

Table 4.2 GVA by NACE A10 sector in constant market prices, 2014-2024 (chain linked annually and referenced to year 2023)

X-axis label	Manufacturing	Construction	Information and Communication	Other
2014	21.1041657909101	2.57447216589151	10.4616425702868	65.8597194729116
2015	37.3053251313796	2.08542509528007	9.20470884028814	51.4045409330522
2016	35.0213707551352	2.40735089257413	9.87478264835006	52.6964957039406
2017	34.5880926424684	2.79035608868452	11.1870856864509	51.4344655823961
2018	34.8678237288219	2.74394677722261	12.7237847184195	49.6644447755361
2019	33.8573269656192	2.75790436050771	14.9141495965917	48.4706190772814
2020	35.7767774595929	2.42563115098028	17.1611773744653	44.6364140149615
2021	36.4091345167544	2.3967482806586	18.8311993679634	42.3629178346236
2022	38.8701977826146	2.46339688443874	17.6659785362613	41.0004267966854
2023	31.3241006468026	2.71668265462751	20.2698598956368	45.6893568029331
2024	31.0500308100627	2.67075798864561	20.7538001448145	45.5254110564772

In the above figure, a version of which is repeated across the Output method chapters, the 2014-2024 time-series of notable sectors of the economy are displayed. To allow for greater comparability over time the percentage contribution made by each to the total is displayed.

Similarly to Output, Manufacturing (C) was the biggest single A21 sector of the economy when measured by GVA in 2024. Information and Communication (J) was the second biggest sector. Combined they comprised 52% of total GVA across the economy in 2024.

Construction (F) made up 3% of the total GVA in 2024.

The Other category in the figure above is total Output less Manufacturing, Information and Communication and Construction. Sector figures can be found in Table 4.1 above and in the full 1995-2024 time series available in the CSO's PxStat database.

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Table 4.2 GVA by NACE A10 sector in constant market prices, 2014-2024 (chain linked¹ annually and referenced to year 2023)													€million
NACE	A10 codes	Activity	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
01-03	A	Agriculture, Forestry and Fishing	2,364	2,498	2,745	3,010	2,874	3,540	3,552	3,675	4,053	4,444	4,501
05-39	B-E	Industry (excluding construction)	57,498	99,938	98,794	102,403	113,315	115,569	142,075	173,459	197,914	164,864	164,016
10-33	C	of which: Manufacturing	52,512	96,316	95,095	98,468	109,341	111,346	136,740	169,706	196,559	156,393	154,847
41-43	F	Construction	9,830	10,236	10,865	11,861	12,905	13,516	11,856	12,639	13,360	13,564	13,669
45-56	G-I	Distribution, transport, hotels and restaurants	38,306	40,933	43,611	45,523	47,733	49,004	39,903	44,930	48,783	51,785	52,162
58-63	J	Information and communication	23,484	27,278	29,784	38,176	47,415	56,919	67,737	83,706	90,056	101,202	107,476
64-66	K	Financial and insurance activities	21,175	21,495	17,893	18,498	19,701	19,245	18,608	24,198	21,005	23,163	26,889
68	L	Real estate activities	21,941	22,117	21,819	22,486	22,813	23,343	23,184	26,041	27,193	27,429	29,068
69-82	M-N	Professional, admin and support services	34,027	36,913	38,208	43,897	47,974	51,353	50,469	51,918	54,723	58,992	60,460
84-88	O-Q	Public administration, education and health	35,606	36,762	37,350	38,780	40,099	41,806	41,168	42,885	45,511	47,771	48,375
90-98	R-U	Arts, entertainment and other services	3,906	4,335	4,811	5,237	5,366	5,440	4,304	4,651	5,742	6,061	5,709
01-98	Total		243,584	298,392	301,322	324,582	354,922	373,646	402,396	468,704	509,871	499,274	512,324
¹Chain linked series not additive except for 2023 and 2024.

Output and Value Added by Activity 2024

Gross Value Added (GVA)

Gross Value Added (GVA)

GVA increased by 7.3% to €536 billion in 2024

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