You are here: Home / Statistics / Output and Value Added by Activity 2018 / Introduction

Output and Value Added by Activity 2018

Introduction

Table 1.1: Output, Intermediate Consumption and Value Added, 2016-2018¹
			€ million	% change
	2016	2017	2018	2017-2018
Output	541,356	575,677	637,186	10.7
Intermediate Consumption	287,346	298,431	334,110	12.0
Value Added	254,011	277,246	303,076	9.3
¹ Preliminary figures. Output and Value Added at basic prices. Excludes NIE statistical discrepancy. Excludes NACE 99.

Open in Excel: Output and Value Added by Activity 2018 TBL1.1 (XLS 10KB)

Measuring Ireland's Economy: Value of Output was €637 billion in 2018

This publication presents Gross Value Added (GVA), a measure of economic activity, for the years 1995 to 2018 as estimated using the Output method (also known as the Production approach). The Output method is one of three ways in which GVA and Gross Domestic Product (GDP) can be calculated. Data describing GVA as calculated by the Income method are also provided for reference and comparison purposes. All aggregates in this release are consistent with the latest National Income and Expenditure 2018 (NIE) publication. Output method data were included for the first time in the most recent NIE publication (Table 3 NIE18, published July 2019). In addition to these Output method data, the NIE was produced using the Income method and the Expenditure method, the other two methods of estimating GVA and GDP.

This publication is part of an ongoing incremental process to fully incorporate the Output method into the Irish National Accounts alongside the Income and Expenditure methods. The NACE Rev. 2 industry sectoral classification is used in this publication for 64 industry groups (A64), 21 industry groups (A21) or 10 industry groups (A10) as appropriate for both presentation and confidentiality purposes. The composition of the A64 group is displayed in Table 1.2 below. The composition of the A21 and A10 groups are described in the relevant tables and charts and in more detail in the Background Notes Chapter of this publication.

In 2018, Output (the value of all goods and services produced) at basic prices for the total economy was €637.2 billion. The Intermediate Consumption required to produce this Output totalled €334.1 billion. Output (€637.2 billion) minus Intermediate Consumption (€334.1 billion) resulted in Gross Value Added at basic prices of €303.1 billion. The constituents of Output at basic prices in 2018 were:

Service industries (NACE 45-98) at €369.5 billion (58.0% of the total)
Production industries (NACE 5-39) at €230.7 billion (36.2%)
Construction (NACE 41-43) at €27.3 billion (4.3%)
Agriculture, Forestry and Fishing (NACE 1-3) at €9.7 billion (1.5%).

The Output method approach will continue to be integrated into the existing National Accounts compilation process. Pending the full incorporation and integration of the Income, Expenditure and Output approaches, detailed sectoral estimates using the Output method should be considered as exploratory and transitional, particularly for the latest two years (2017 and 2018). Data in this publication are expressed in current prices only. The NIE statistical discrepancy is excluded and the data are consistent with the unadjusted Output method and Income method data by industry, as described in NIE Table 3.

Further details, including definitions and methodology, are provided in the Background Notes Chapter.

The Output method 1995-2018 time-series is provided in the CSO's StatBank database.

NIE data, describing the Output, Income and Expenditure methods are provided in the NIE on CSO's StatBank database or in the following NIE18 Tables 1-22 excel file.

In addition to these Irish data, comparable data from across EU Member States are provided for reference purposes. These EU data, subject to revision, reflect the data availability as of late November 2019, are sourced from the Eurostat database.

Users should note that these Output method data are presented from a National Accounts compilation perspective. Output and Value Added along with the Income method components of GVA/GDP are shown by sector. However, these figures do not take account of changes in employment numbers and consequently should not be used as proxies for comparisons of productivity or wage rates by sector. Output and Value Added data are a starting point for such analysis when used in combination with additional, relevant data.

Table 1.2 Output, Intermediate Consumption and Gross Value Added by activity, and the Income method components of Gross Value Added, 2018

Table 1.2 Output, Intermediate Consumption and Value Added by activity and the Income method components of GVA, 2018¹
					€million				€million
			Output method			Income method Components of GVA
			P.1	P.2	B.1g
ESA A64 code	NACE Rev. 2	Activity	Total Output at basic prices	Intermediate Consumption	Value Added at basic prices	Consumption of Fixed Capital	Net Operating Surplus	Compensation of Employees	Net Non-product taxes

1	1	Crop and animal production, hunting and related service activities	8,859	6,103	2,756	907	2,829	591	-1,570
2	2	Forestry and logging	366	317	49	35	10	75	-70
3	3	Fishing and aquaculture	477	309	168	9	118	51	-10
4	05-09	Mining and quarrying	1,408	736	672	275	98	278	21
5	10-12	Manufacture of food products, beverages and tobacco products	32,917	23,062	9,855	742	6,741	2,295	78
6	13-15	Manufacture of textiles, wearing apparel and leather products	435	263	172	46	26	82	18
7	16	Manufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials	1,109	775	333	71	76	181	5
8	17	Manufacture of paper and paper products	891	561	330	39	130	157	4
9	18	Printing and reproduction of recorded media	726	394	332	76	52	199	4
10, 11, 12, 17, 19, 22²	19, 20, 21, 26, 28, 31-32	Manufacture of coke and refined petroleum products; basic chemicals; pharmaceutical products; computer, electronic and optical products; machinery and equipment not elsewhere classified; furniture, other manufacturing	173,118	83,194	89,924	38,732	44,362	6,665	166
13	22	Manufacture of rubber and plastic products	1,718	1,054	664	187	92	371	14
14	23	Manufacture of other non-metallic mineral products	1,950	1,142	808	312	79	399	18
15	24	Manufacture of basic metals	1,116	677	439	73	183	177	6
16	25	Manufacture of fabricated metal products, except machinery and equipment	2,698	1,711	987	176	205	591	15
18	27	Manufacture of electrical equipment	1,515	1,100	415	48	153	211	3
20	29	Manufacture of motor vehicles, trailers and semi-trailers	523	309	214	51	35	119	8
21	30	Manufacture of other transport equipment	159	90	69	8	39	20	2
23	33	Repair and installation of machinery and equipment	922	507	415	41	93	279	2
24	35	Electricity, gas, steam and air-conditioning supply	6,991	3,227	3,764	1,309	1,400	877	178
25	36	Water collection, treatment and supply	504	152	352	207	-18	79	85
26	37-39	Sewerage, waste management and remediation activities	2,008	1,096	912	141	262	296	212
27	41-43	Construction	27,284	18,706	8,578	321	4,030	4,199	28
28	45	Wholesale and retail trade and repair of motor vehicles and motorcycles	2,549	912	1,637	193	427	1,007	10
29	46	Wholesale trade, except of motor vehicles and motorcycles	27,420	15,235	12,185	843	5,973	5,298	71
30	47	Retail trade, except of motor vehicles and motorcycles	15,035	6,258	8,777	608	3,150	4,964	55
31	49	Land transport and transport via pipelines	4,040	1,547	2,492	450	510	1,403	129
32	50	Water transport	670	535	135	58	37	47	-7
33	51	Air transport	9,365	6,581	2,784	1,765	415	497	107
34	52	Warehousing and support activities for transportation	2,977	1,610	1,368	113	270	921	64
35	53	Postal and courier activities	1,100	313	788	68	28	660	31
36	55-56	Accommodation; food and beverage service activities	8,818	3,427	5,391	496	905	3,913	77
37-38	58-60	Publishing, audiovisual and broadcasting activities	35,812	16,793	19,019	7,794	9,807	1,381	37
39	61	Telecommunications	4,965	1,943	3,022	927	1,066	990	39
40	62-63	Computer programming, consultancy and related activities; information service activities	68,645	53,921	14,723	1,680	7,877	5,085	82
41	64	Financial service activities, except insurance and pension funding	31,412	17,218	14,194	1,480	8,277	4,191	246
42	65	Insurance, reinsurance and pension funding, except compulsory social security	17,301	13,491	3,810	152	2,281	1,310	67
43	66	Activities auxiliary to financial services and insurance activities	8,523	4,827	3,696	105	729	2,773	89
44	68	Real estate activities	25,194	5,917	19,277	5,012	12,932	731	601
45	69-70	Legal and accounting activities; activities of head offices; management consultancy activities	13,761	6,705	7,056	1,381	1,545	4,120	10
46	71	Architectural and engineering services; technical testing and analysis	3,078	873	2,204	177	690	1,335	2
47	72	Scientific research and development	2,292	1,134	1,158	831	-60	437	-51
48	73	Advertising and market research	1,959	934	1,025	89	383	551	1
49	74-75	Other professional, scientific and technical activities; veterinary activities	1,322	211	1,112	168	529	406	8
50	77	Rental and leasing activities	16,983	4,481	12,502	5,890	5,685	891	35
51	78	Employment activities	2,318	620	1,698	34	150	1,536	-23
52	79	Travel agency, tour operator and other reservation services and related activities	539	132	406	22	183	201	1
53	80-82	Security and investigation activities; services to buildings and landscape activities; office administrative, office support and other business support activities	11,715	7,587	4,128	921	993	2,200	13
54	84	Public administration and defence; compulsory social security	14,903	6,071	8,832	1,730	0	7,097	5
55	85	Education	10,205	1,151	9,055	1,124	258	7,701	-29
56	86	Human health activities	12,142	2,472	9,669	831	1,079	7,744	15
57	87-88	Social work activities	6,961	2,572	4,389	13	805	3,570	0
58	90-92	Creative, arts and entertainment activities; libraries, archives, museums and other cultural activities; gambling and betting activities	1,909	387	1,522	293	756	457	16
59	93	Sports activities and amusement and recreation activities	2,045	906	1,139	149	468	505	16
60	94	Activities of membership organisations	2,152	1,425	727	14	96	607	11
61	95	Repair of computers and personal and household goods	104	36	68	12	11	45	1
62	96	Other personal service activities	1,264	401	862	36	311	502	14
63	97-98	Activities of households as employers of domestic personnel; undifferentiated goods- and services-producing activities of households for own use	18	0	18	0	-7	24	0
64	99	Activities of extraterritorial organisations and bodies (not included)
01-64	01-99	All NACE economic sectors	637,186	334,110	303,076	79,268	129,553	93,291	964
¹Preliminary figures. GVA excludes NIE statistical discrepancy.
² Codes aggregated for confidentiality reasons.

Open in Excel: Output and Value Added by Activity 2018 TBL1.2 (XLS 21KB)

Table 1.3 Output, Intermediate Consumption and Gross Value Added and the Income method components of GVA, 1995-2018

Table 1.4 Output, Intermediate Consumption and Gross Value Added and the percentage value change on the previous year, 1995-2018

X-axis label	Intermediate Consumption	Value Added
Agriculture, forestry & fishing (1-3)	6728.82115032795	2973.37926278
Industry (5-39)	120050.044581579	110657.24238975
Construction (41-43)	18706.2085072726	8577.5239561
Distribution, transport & communication (45-63)	109074.137471872	72321.22817018
Business services (64-82)	64130.071230401	72265.54373877
Other services (84-97)	15420.9186301889	36281.13289557
Total (NACE 1-97)	334110.201571642	303076.05041315

In the Output method of estimating GVA and GDP, Output minus Intermediate Consumption equals Gross Value Added. Rearranging this equation gives Output equals Intermediate Consumption plus Gross Value Added.

In 2018, Agriculture, forestry and fishing (NACE 1-3) and Construction (NACE 41-43) had the highest relative levels of Intermediate Consumption compared to Output, while Other services (NACE 84-92) and Business services (NACE 64-82) had the highest relative levels of Value Added compared to Output. See Figure 1.1.

In 2018 across EU Member States, Luxembourg had the highest relative level of total Intermediate Consumption (74%) compared to total Output, while Greece had the highest relative level of total Gross Value Added (55% in 2017) compared to total Output. Ireland in 2018 had total Intermediate Consumption at 52% and total Gross Value Added at 48% of total Output. See Figure 1.2.

X-axis label	Intermediate Consumption	Gross Value Added
Luxembourg	151374.5	54377.7
Malta	20464.7	10854.8
Slovakia	129980	80494.9
Czechia	290110.9	186923.6
Bulgaria	66036	48634.1
Belgium	533506	409856.2
Hungary	145573.7	112913.7
Estonia	29214	22661.9
Poland	524699.8	410255.8
Slovenia	47763.8	39838.5
Netherlands	813011	692777
Finland	234749	202422
Cyprus	20899.8	18261
Italy	1785693.3	1583357.5
Latvia	28431.5	25310.7
Romania	202239.8	183449.4
Ireland	334110.2	303076.1
Austria	370802.2	344658.8
Portugal	189442.2	176310.7
Germany	3177173	3012310
Denmark	268455	261417.5
Croatia	39434.9	38676.1
Sweden	423719.5	417641.7
France	2073178	2090925
Spain	1072297	1087968
Lithuania	39843.4	40678.3
United Kingdom	2052244.2	2157326.1
Greece	128473.8	157526.3

Structure of this publication

In addition to the main table (Table 1.2) presented at A64, this publication is structured into seven distinct themes. These are:

Theme 1 - Output
Theme 2 - Intermediate Consumption
Theme 3 - Gross Value Added (GVA)

In the Output method, GVA equals Output minus Intermediate consumption.

Three additional themes (using Income method data) show the main components of GVA:

Theme 4 - Compensation of Employees (COE)
Theme 5 - Net Operating Surplus (NOS)
Theme 6 - Consumption of Fixed Capital (CFC)

In the Income method, GVA equals COE plus NOS plus CFC plus net Non-product taxes (also known as Other taxes on production).

A seventh theme, splitting the total Output, Intermediate Consumption and GVA into NACE sectors dominated by Foreign-owned Multinational Enterprise (MNE) and Other sectors has been included in this 2018 edition.

Theme 7 - Foreign-owned Multinational Enterprise (MNE)

Foreign-owned Multinational Enterprise (MNE) dominated sectors occur where MNE turnover on average exceeds 85% of the sector total. In this Output publication, these 'Foreign' owned MNE dominated sectors contain NACE 20, 21, 26, 27, 31-32, 58 and 62-63.

In 2018, Non-product taxes were €3.254 billion, while Non-product subsidies were €2.290 billion, resulting in Net non-product taxes of €0.964 billion. Because of this small size relative to the other components of the Income method, the inclusion of a similarly detailed theme for this item was considered unnecessary. See Table 1.2, the Background Notes and NIE items 30 and 31 for further details on Non-product taxes and subsidies.

The six themes describing the Output method and Income method data have a general, repeated, structure. For each of the six themes the structure is as follows:

Proportional composition time-series by A21, charts
Value time-series by A21, table
Proportional ranking time-series by A21, table
EU Member State comparison by A10, 2018, table
Cross-cutting time-series by selected EU member states, chart
Manufacturing comparison of EU member states, 2018, chart

The proportional ranking tables and proportional composition charts allow us to see the relative contributions of different sectors to the economy as a whole for each item across the years 1995 to 2018.

These tables and charts allow us to look at contributions of different sectors across time. For example, if we look at the Construction (F) sector we can see that it contributed 5.9% of all GVA in 1995 rising to 9.8% in 2005. By 2010 it had decreased to contributing 1.5% but has increased since then and contributed 2.8% in 2018.

These tables and charts also allow us to examine how different sectors contribute to different items in different ways. For example, the Wholesale and Retail Trade (G) sector contributed 7.5% of all GVA in 2018 and contributed 12.1% of all COE in the same year. The Information and Communication (J) sector contributed 12.1% of all GVA in 2018 and contributed 8.0% of all COE in the same year.

Go to next chapter Output

Why you can Trust the CSO

Learn about our data and confidentiality safeguards, and the steps we take to produce statistics that can be trusted by all.

go to trust & transparency

Table 1.3 Output, Intermediate Consumption and Gross Value Added and the Income method components of GVA, 1995-2018¹
			€million				€million
	Output method			Income method components of GVA
	P.1	P.2	B.1g
	Total Output at basic prices	Intermediate Consumption	Gross Value Added at basic prices	Consumption of Fixed Capital	Net Operating Surplus	Compensation of Employees	Net Non-product taxes
1995	113,891	64,524	49,367	6,327	18,917	23,966	158
1996	122,768	69,371	53,396	6,885	20,477	26,092	-57
1997	142,952	81,277	61,675	7,701	25,002	29,079	-107
1998	169,026	96,531	72,495	8,914	30,818	32,744	19
1999	191,205	108,859	82,346	10,502	35,227	36,866	-250
2000	222,680	126,327	96,353	12,410	42,272	41,923	-252
2001	252,863	144,437	108,426	14,035	47,934	46,895	-438
2002	272,167	151,886	120,281	15,608	54,622	50,204	-153
2003	292,716	164,114	128,602	17,494	56,491	54,672	-56
2004	315,192	178,228	136,964	19,562	57,929	59,394	79
2005	344,040	195,056	148,984	22,579	60,925	66,160	-680
2006	385,345	223,267	162,078	26,441	63,272	72,845	-480
2007	418,368	243,779	174,590	27,064	68,010	79,782	-266
2008	420,846	253,672	167,174	25,714	59,887	81,821	-248
2009	371,785	219,608	152,177	24,091	53,970	74,397	-281
2010	353,830	201,683	152,147	23,875	58,843	69,645	-215
2011	331,423	176,540	154,883	23,610	62,751	68,766	-244
2012	372,655	214,256	158,399	25,142	64,357	69,082	-181
2013	391,983	227,417	164,565	26,539	67,099	70,646	281
2014	416,066	237,494	178,572	28,683	76,016	73,099	774
2015	514,255	269,765	244,490	56,333	109,690	77,791	676
2016	541,356	287,346	254,011	63,756	106,858	82,673	723
2017	575,677	298,431	277,246	73,076	115,164	88,153	854
2018	637,186	334,110	303,076	79,268	129,553	93,291	964
¹2018 are preliminary figures. GVA excludes NIE statistical discrepancy.

Table 1.4 Output, Intermediate Consumption and Gross Value Added and the percentage value change on the previous year, 1995-2018¹
			%			%
	Ireland Output method			EU Gross Value Added
	P.1	P.2	B.1g	B.1g	B.1g	B.1g
	Output change on previous year	Intermediate Consumption change on previous year	Gross Value Added change on previous year	EU 28 - change on previous year	EU 15 - change on previous year	Euro area 19 - change on previous year
1995	:	:	:	:	:	:
1996	7.8	7.5	8.2	5.2	5.0	4.1
1997	16.4	17.2	15.5	5.5	5.3	2.3
1998	18.2	18.8	17.5	4.5	4.3	3.9
1999	13.1	12.8	13.6	4.6	4.8	4.2
2000	16.5	16.0	17.0	7.4	7.1	5.4
2001	13.6	14.3	12.5	4.5	4.1	5.0
2002	7.6	5.2	10.9	3.6	3.4	3.4
2003	7.6	8.1	6.9	1.4	1.5	2.9
2004	7.7	8.6	6.5	4.9	4.6	4.2
2005	9.2	9.4	8.8	4.2	3.5	3.3
2006	12.0	14.5	8.8	5.6	5.2	5.0
2007	8.6	9.2	7.7	5.9	5.2	5.6
2008	0.6	4.1	-4.2	1.0	0.0	2.9
2009	-11.7	-13.4	-9.0	-5.4	-5.0	-3.3
2010	-4.8	-8.2	-0.0	3.7	3.5	2.4
2011	-6.3	-12.5	1.8	2.8	2.6	2.7
2012	12.4	21.4	2.3	2.0	2.1	0.4
2013	5.2	6.1	3.9	0.8	0.7	1.0
2014	6.1	4.4	8.5	3.5	3.5	2.3
2015	23.6	13.6	36.9	5.4	5.4	3.5
2016	5.3	6.5	3.9	0.8	0.7	2.7
2017	6.3	3.9	9.1	2.8	2.3	3.5
2018	10.7	12.0	9.3	3.1	2.8	3.1
Average	8.1	7.8	8.5	3.4	3.2	3.1
¹2018 are preliminary figures. GVA excludes NIE statistical discrepancy.

Output and Value Added by Activity 2018

Introduction

Introduction

Contents

Why you can Trust the CSO

Contact:

Links:

Careers

Follow: