Construction added over €14 billion to economy
The construction sector added over €14 billion to Ireland's economy in 2024, a 6% increase from 2023.
The largest subsector was electrical, plumbing and other construction installation activities in 2024.
It accounted for 28% of the total Gross Value Added (GVA) followed by construction of residential and non-residential building (27%) and building completion and 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.
Third lowest
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 and electrical fitters, carpenters and joiners, and construction and building trades.