Ireland's construction output increased by 12 percent from a year earlier in the third quarter of 2018, following an upwardly revised 17.6 percent growth in the previous three-month period. Output volumes increased in civil engineering work (27.3 percent vs 8.1 percent in Q2), non-residential building work (17.9 percent vs 18.9 percent) and residential building work (7.8 percent vs 23.0 percent). Construction Output in Ireland averaged -0.11 percent from 2001 until 2018, reaching an all time high of 36.10 percent in the second quarter of 2004 and a record low of -38.30 percent in the second quarter of 2009.
Construction Output in Ireland is expected to be 8.90 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Construction Output in Ireland to stand at 5.10 in 12 months time. In the long-term, the Ireland Construction Output is projected to trend around 4.00 percent in 2020, according to our econometric models.