Ireland's construction output shrank 1.4 percent from a year earlier in the third quarter of 2021, following an upwardly revised 28.4 percent expansion in the previous three-month period. Activity in the construction sector has also remained lower than pre-pandemic levels. Non-residential building was down 6.5 percent (vs 23.7 percent in Q2), while residential building grew 7.7 percent (vs 32.8 percent in Q2) and civil engineering works increased 20.6 percent (vs 78.1 percent in Q2). On a quarterly basis, construction output advanced 7.5 percent, after a 9.9 percent surge in the previous period. source: Central Statistics Office Ireland
Construction Output in Ireland averaged -0.93 percent from 2001 until 2021, reaching an all time high of 36.20 percent in the second quarter of 2004 and a record low of -37.60 percent in the second quarter of 2009. This page provides - Ireland Construction Output- actual values, historical data, forecast, chart, statistics, economic calendar and news. Ireland Construction Output - data, historical chart, forecasts and calendar of releases - was last updated on January of 2022.
Construction Output in Ireland is expected to be 9.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Ireland Construction Output is projected to trend around 5.20 percent in 2022 and 3.20 percent in 2023, according to our econometric models.