Ireland's Construction Industry value NexVentur

Ireland’s Construction Industry: A €14 Billion Cornerstone of the Economy

Ireland’s Construction Industry: A €14 Billion Cornerstone of the Economy

Ireland’s construction sector continues to be a vital pillar of the national economy, contributing a substantial €14.3 billion in gross value added (GVA) in 2024, according to the latest figures from the Central Statistics Office. This marks a 6% year-on-year growth, underscoring the sector’s resilience and evolving importance. While electrical, plumbing, and installation activities lead the charge, residential and commercial building projects remain close behind, reflecting the country’s ongoing demand for infrastructure and housing. Yet, despite its size, the sector’s share of gross national income places Ireland among the lower ranks in the EU—highlighting both challenges and opportunities for future development.

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