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Gross Value Added (GVA)

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Gross Value Added (GVA) is conceptually the same aggregate as Gross Domestic Product (GDP). They both measure the added value generated in an economy by the production of goods and services. The difference between the two concepts is that GDP is measured after including product taxes (e.g. excise duties, non-deductible VAT, etc.) and deducting product subsidies while GVA is measured prior to adding product taxes but includes product subsidies. For more information see the Background Notes.

When GVA is examined by A21 sector, Manufacturing (C) and Information & Communication (J) were the two largest sectors in 2020. The Wholesale, Retail and Motor trade (G) was the second biggest in 1995 declining to the third biggest in 2020. Construction (F), the seventh largest sector by GVA in 1995 increased to the third largest in 2005, then declined to the fourteenth largest sector by GVA in 2010 before recovering to the eleventh largest in 2020. Agriculture, Forestry and Fishing (A) declined from the fifth biggest sector by GVA in 1995 to the sixteenth biggest in 2010 before recovering to the thirteenth largest in 2020.

Figure 4.1 Proportional composition of Gross Value Added (GVA) by A21 sector, 1995-2020

Table 4.1 Gross Value Added by NACE A64 sector, 1995-2020

Table 4.2 GVA by NACE A21 sector, 1995-2020

Table 4.3 GVA by NACE A21 sector by rank, 1995-2020 (1 = biggest sector by value, 20 = smallest sector by value)

Table 4.4 GVA by NACE A10 sector in constant market prices, 2013-2020 (chain linked annually and referenced to year 2019)

ManufacturingConstructionInformation and CommunicationOther
199522.9076105019645.911230625140016.5716699941209464.609488878775
199622.97226950860125.953311719059776.7004895383325964.3739292340065
199724.45228191451126.082103590772917.4695715912753261.9960429034405
199825.69719777040086.318204753635487.8512646759388360.1333328000249
199926.41203119858476.753201356158298.3631393666134358.4716280786436
200025.93333651549427.165965932545848.0274494102828958.873248141677
200128.33037049123557.426792809484467.208595010672157.034241688608
200230.15870161500767.19023513689036.4547248665729356.1963383815292
200326.36290564592297.700884073105786.5420125511099359.3941977298614
200424.02226863569058.693283878838826.909290365785760.375157119685
200522.31543487921059.779128639311646.8472690574156661.0581674240621
200621.124989660214110.68101724913016.3322665940108361.861726496645
200720.23167385980329.17487548008096.5016123012112464.0918383589047
200819.65228866756626.603063021958727.6204977822777166.1241505281974
200922.68858170156772.737693442224928.3712607482654566.2024641079419
201021.42883530462181.538279862125419.1997438007296567.8331410325231
201123.27274619365531.131668947608999.0589916231917466.5365932355439
201222.28345304731821.715230236738589.7359795722749766.2653371436683
201321.52198851396822.1460983930610510.257080035404866.074833057566
201421.87252967827982.5092298242468210.654895220058764.9633452774146
201537.57768102614672.028267984399829.3642766394869251.0297743499666
201635.9073060156352.30884639871789.8895674863727151.8942800992745
201734.82825367458942.6864370485290911.440532781672351.0447764952091
201835.15583018504232.6329329410326812.914186900987649.2970499729374
201934.03705783575552.5099394452785515.351189987669948.1018127312961
202036.84922438185772.1923360043209217.40243649707843.5560031167433

In the above figure, a version of which is repeated across the Output method chapters, the 1995-2020 time-series of notable sectors of the economy are displayed. To allow for greater comparability over time the percentage contribution made by each to the total is displayed.

Similarly to Output and Intermediate Consumption, Manufacturing (C) was the biggest single A21 sector of the economy when measured by GVA over the entire 1995-2020 period. Information and Communication (J) was the second biggest sector in 2020. These two sectors dominated, though not as much as for Output and Intermediate Consumption, and combined they comprised 54% of total GVA across the economy in 2020, which was an increase from 29% in 1995.

Construction (F) which had less GVA than Information and Communication in 1995, increased more than Information and Communication up to 2007, but had GVA which was an eighth of Information and Communication in 2020.

The Other category in the figure above is total Output less Manufacturing, Information and Communication and Construction. Sector figures can be found in the tables above and in the full 1995-2020 time series available in the CSO's PxStat database.


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