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This publication is categorised as a CSO Frontier Series Output. Particular care must be taken when interpreting the statistics in this release as it may use new methods which are under development and/or data sources which may be incomplete, for example, new administrative data sources.
Gross Value Added (GVA) in the Construction sector was €14.3bn in 2024, a 6% increase from 2023.
The largest subsector was Electrical, Plumbing & Other Construction Installation Activities in 2024. It accounted for 28% of the total GVA, followed by Construction of Residential & Non-Residential Building (27%) and Building Completion & Finishing (13%).
In 2024, investment in dwellings stood at 5.6% of Ireland’s Modified Gross National Income (GNI*), down from 6.1% in 2023.
The size of the Construction sector relative to the domestic Irish economy when measured by GNI* was 4.5% in 2024. It ranked third lowest in the EU, ahead of Malta and Greece and on par with Luxembourg and Bulgaria.
More than 6% of all people employed in Ireland worked in the Construction sector in 2024, below the EU average of 7%.
Total employment in the Construction sector went up by 2.8% in 2024, driven by growth in employment in Construction of Buildings.
Top occupations in construction were Electricians & Electrical Fitters, Carpenters & Joiners, and Construction & Building Trades.
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Statistician's Comment
The Central Statistics Office (CSO) has today (18 September 2025) published Construction: A National Accounts Perspective 2024.
Commenting on the release, Aoife Crowe, Statistician in the National Accounts Analysis and Globalisation Division, said:
“Gross Value Added (GVA) in the Construction sector grew by 6% in 2024 to €14.3bn. The largest subsector when measured by GVA was Electrical, Plumbing & Other Construction Installation Activities (€4bn), followed by Construction of Residential & Non-Residential Buildings (€3.9bn), and Building Completion & Finishing (€1.9bn). All subsectors saw substantial growth since 2020.
The size of the Construction sector relative to the total Irish economy was 4.5% in 2024 when measured by Modified Gross National Income (GNI*). This is a measure of Ireland's domestic economy that excludes company profits sent abroad, as well as depreciation from intellectual property and leased aircrafts. Ireland ranked third lowest against other EU member states and 1.1% below the EU average.
Employment
Employment in construction increased by 2.8% from 166,918 in 2023 to 171,676 in 2024. More than 6% of all people employed in Ireland worked in the Construction sector in 2024, which was marginally below the EU average of 6.7%.
The growth in employment was concentrated in the Construction of Buildings subsector, which was up by 12% in 2024. Top occupations in construction were Electricians & Electrical Fitters, Carpenters & Joiners, and Construction & Building Trades.
Specialised Construction Activities remained largely on par with 2023, while Civil Engineering saw a decrease of 14%. Overall, the total number of people employed in construction in 2024 was 28% lower than its peak in 2007.
Investment in Dwellings
Investment in dwellings rose by €11bn since 2020 and in 2024 accounted for 5.6% of GNI*. This was the highest level of investment since 2009. While investment in dwellings in Ireland was 0.3% above the EU average in 2024 due to significant growth since 2020, growth levelled off in 2024 and fell by 0.5% from 2023. Ireland’s investment in total construction as a proportion of GNI* was 11.2% in 2024, which was 13th in Europe overall and above the EU average of 10.9%."