You are here: Home / Statistics / Output and Value Added by Activity 2020 / Introduction

Output and Value Added by Activity 2020

Introduction

Open in Excel:

Measuring Ireland's Economy: Value of Output was €707 billion in 2020

Table 1.1 Output, Intermediate Consumption and Gross Value Added, 2018-2020¹
			€ million	% change
	2018	2019	2020	2019-2020
Output	642,859	692,763	707,307	2.1
Intermediate Consumption	336,574	357,463	358,043	0.2
Gross Value Added	306,286	335,300	349,264	4.2
¹Preliminary figures. Output and Value Added at basic prices. Excludes NIE statistical discrepancy. Excludes NACE 99.

Open in Excel: Output and Value Added by Activity 2020 Table 1.1 (XLS 10KB)

This publication presents Gross Value Added (GVA), a measure of economic activity, for the years 1995 to 2020 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. All aggregates in this release are consistent with the latest National Income and Expenditure 2020 (NIE20) publication. Output method data in current prices were included for the first time in NIE18 (Table 3 published July 2019). Output method data in constant prices were included for the first time in NIE19 (Table 4 published July 2020). 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 incorporating 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 2020, Output (the value of all goods and services produced) at basic prices for the total economy was €707.3 billion. The Intermediate Consumption required to produce this Output totalled €358.0 billion. Output (€707.3 billion) minus Intermediate Consumption (€358.0 billion) resulted in Gross Value Added at basic prices of €349.3 billion. The constituents of Output at basic prices in 2020 were:

Service industries (NACE 45-98) at €408.6 billion (57.8% of the total)
Production industries (NACE 5-39) at €261.3 billion (36.9%)
Construction (NACE 41-43) at €27.6 billion (3.9%)
Agriculture, Forestry and Fishing (NACE 1-3) at €9.8 billion (1.4%).

X-axis label	Intermediate Consumption	Gross Value Added
Construction	19.9474946967503	7.65703173477217
Financial and Insurance Activities	33.3829945205935	14.677142075545
Agriculture, Forestry and Fishing	6.31879876226344	3.46571662827289
Information and Communication	88.4975662268765	60.7803768503247
Arts, Entertainment and Other Services	4.09023908905068	3.25889920962227
Distribution, Transport, Hotels and Restaurants	31.8597583800592	31.6796033941396
Industry (excluding Construction)	127.408048963428	133.860068047378
Industry of which: Manufacturing	117.890115731225	128.700929028813
Professional, Admin & Support Services	25.4828898560245	35.7677796475429
Public Administration, Education & Health	16.3720697736082	36.6625092883768
Real Estate Activities	4.68360419904018	21.454476877885
Total	358.043464467694	349.26360375386

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 2020, total Output in the economy was almost equally split between Intermediate Consumption (51%) and Gross Value Added (49%). However there was variation across different sectors of the economy. For example, Construction (NACE 41-43), Financial and insurance activities (NACE 64-66) and Agriculture, forestry and fishing (NACE 1-3) had the highest relative levels of Intermediate Consumption compared to Output. Service sectors such as Professional, administration and support services (NACE 69-82) and Public administration, education and health (NACE 84-88) had the highest relative levels of Value Added compared to Output. See Figure 1.1.

Table 1.2 Output, Intermediate Consumption and Gross Value Added by activity, 2020

Table 1.2 Output, Intermediate Consumption and Gross Value Added by activity, 2020¹
					€million		%
			P.1	P.2	B.1g
ESA A64 code	NACE Rev. 2	Activity	Total Output at basic prices	Intermediate Consumption	Gross Value Added at basic prices	% of Output composed of Intermediate Consumption	% of Output composed of Gross Value Added

1	1	Crop and animal production, hunting and related service activities	9,160	5,892	3,268	64%	36%
2	2	Forestry and logging	180	142	38	79%	21%
3	3	Fishing and aquaculture	445	285	160	64%	36%
4	05-09	Mining and quarrying	1,217	814	403	67%	33%
5	10-12	Manufacture of food products, beverages and tobacco products	24,771	17,185	7,586	69%	31%
6	13-15	Manufacture of textiles, wearing apparel and leather products	353	231	123	65%	35%
7	16	Manufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials	1,029	747	282	73%	27%
8	17	Manufacture of paper and paper products	535	320	216	60%	40%
9	18	Printing and reproduction of recorded media	649	436	213	67%	33%
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	208,089	91,744	116,345	44%	56%
13	22	Manufacture of rubber and plastic products	1,721	1,087	634	63%	37%
14	23	Manufacture of other non-metallic mineral products	2,730	1,884	846	69%	31%
15	24	Manufacture of basic metals	918	669	250	73%	27%
16	25	Manufacture of fabricated metal products, except machinery and equipment	2,727	1,733	994	64%	36%
18	27	Manufacture of electrical equipment	1,274	796	478	63%	37%
20	29	Manufacture of motor vehicles, trailers and semi-trailers	679	470	210	69%	31%
21	30	Manufacture of other transport equipment	170	32	138	19%	81%
23	33	Repair and installation of machinery and equipment	946	558	388	59%	41%
24	35	Electricity, gas, steam and air-conditioning supply	10,046	6,999	3,047	70%	30%
25	36	Water collection, treatment and supply	1,288	487	801	38%	62%
26	37-39	Sewerage, waste management and remediation activities	2,126	1,217	909	57%	43%
27	41-43	Construction	27,605	19,947	7,657	72%	28%
28	45	Wholesale and retail trade and repair of motor vehicles and motorcycles	2,882	1,425	1,457	49%	51%
29	46	Wholesale trade, except of motor vehicles and motorcycles	29,867	15,364	14,503	51%	49%
30	47	Retail trade, except of motor vehicles and motorcycles	14,246	5,811	8,436	41%	59%
31	49	Land transport and transport via pipelines	3,876	1,545	2,332	40%	60%
32	50	Water transport	408	346	62	85%	15%
33-34	51-52	Air transport, Warehousing and support activities for transportation	6,285	4,866	1,419	77%	23%
35	53	Postal and courier activities	1,323	425	898	32%	68%
36	55-56	Accommodation; food and beverage service activities	4,650	2,078	2,573	45%	55%
37-38	58-60	Publishing, audiovisual and broadcasting activities	52,117	20,217	31,900	39%	61%
39	61	Telecommunications	5,790	2,417	3,373	42%	58%
40	62-63	Computer programming, consultancy and related activities; information service activities	91,371	65,864	25,507	72%	28%
41	64	Financial service activities, except insurance and pension funding	21,824	13,390	8,434	61%	39%
42	65	Insurance, reinsurance and pension funding, except compulsory social security	15,826	13,247	2,578	84%	16%
43	66	Activities auxiliary to financial services and insurance activities	10,411	6,746	3,665	65%	35%
44	68	Real estate activities	26,138	4,684	21,454	18%	82%
45	69-70	Legal and accounting activities; activities of head offices; management consultancy activities	17,202	7,516	9,686	44%	56%
46	71	Architectural and engineering services; technical testing and analysis	2,988	720	2,268	24%	76%
47	72	Scientific research and development	3,186	1,928	1,258	61%	39%
48	73	Advertising and market research	1,442	237	1,205	16%	84%
49	74-75	Other professional, scientific and technical activities; veterinary activities	1,308	366	942	28%	72%
50	77	Rental and leasing activities	24,438	8,964	15,474	37%	63%
51	78	Employment activities	2,393	613	1,780	26%	74%
52	79	Travel agency, tour operator and other reservation services and related activities	386	152	234	39%	61%
53	80-82	Security and investigation activities; services to buildings and landscape activities; office administrative, office support and other business support activities	7,908	4,987	2,921	63%	37%
54	84	Public administration and defence; compulsory social security	16,698	6,578	10,119	39%	61%
55	85	Education	12,086	1,878	10,208	16%	84%
56	86	Human health activities	17,307	5,641	11,666	33%	67%
57	87-88	Social work activities	6,945	2,275	4,669	33%	67%
58	90-92	Creative, arts and entertainment activities; libraries, archives, museums and other cultural activities; gambling and betting activities	2,223	912	1,311	41%	59%
59	93	Sports activities and amusement and recreation activities	1,321	686	635	52%	48%
60	94	Activities of membership organisations	2,640	2,025	614	77%	23%
61	95	Repair of computers and personal and household goods	92	37	55	40%	60%
62	96	Other personal service activities	1,058	431	627	41%	59%
63	97-98	Activities of households as employers of domestic personnel; undifferentiated goods and services producing activities of households for own use	16	0	16	0%	100%
64	99	Activities of extraterritorial organisations and bodies (not included)
01-63	01-98	All NACE economic sectors	707,307	358,043	349,264	51%	49%
¹Preliminary figures. GVA excludes NIE statistical discrepancy.
²Codes aggregated for confidentiality reasons.

Open in Excel: Output and Value Added by Activity 2020 Table 1.2 (XLS 20KB)

Table 1.3 Output, Intermediate Consumption and Gross Value Added, 1995-2020

Table 1.4 Output, Intermediate Consumption and Gross Value Added and the percentage value change on the previous year, 1995-2020

X-axis label	Intermediate Consumption	Gross Value Added
Luxembourg	74.1258135104202	25.8741864895798
Malta	67.4779990863911	32.5220009136089
Slovakia	58.9618780360049	41.0381717549726
Czechia	57.7598173445073	42.2401826554927
Hungary	56.147339308252	43.852660691748
Bulgaria	56.0353018912082	43.964615411333
Poland	55.8271750975626	44.1728249024374
Belgium	55.7665696807149	44.2334303192851
Estonia	55.1692868665464	44.8309040405487
Cyprus	54.9117432187213	45.0882567812787
Finland	53.1263705353555	46.8736294646445
Netherlands	52.7846080670844	47.2153919329156
Croatia	52.6480039550117	47.3519960449883
Slovenia	52.2734934560621	47.7266216021861
Latvia	51.6956868528774	48.3043131471226
Austria	51.3346432288992	48.665342468849
Italy	51.3217471884566	48.6782528115434
Sweden	51.222219173683	48.777780826317
Romania	50.8930384804114	49.1069862273819
Ireland	50.6206568547099	49.3793431452901
Portugal	50.6135846244728	49.3864153755272
Germany	50.2388689983196	49.7611310016804
Denmark	49.6100550436414	50.3899449563586
Spain	49.5936467936192	50.4063532063808
Lithuania	48.9686521671272	51.0313478328728
France	48.6621436689861	51.3378563310139
United Kingdom	47.4467599303791	52.5532400696209
Greece	44.5313419647375	55.4686580352625

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 (2019 and 2020). Data in this publication are expressed in both current prices and constant prices. 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 NIE20 Table 3 & Table 4 in Net and Gross Value Added.

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

The Output method 1995-2020 time-series is provided in the CSO's PxStat database.

NIE data, describing the Output, Income and Expenditure methods are provided in the NIE on CSO's PxStat database or in the following Tables.

The primary data sources for these estimates are the CSO's Structure of Business Statistics (SBS) surveys. These SBS surveys cover both manufacturing and services sectors. Detailed questionnaires are sent to thousands of enterprises each year. The Census of Industrial Production (CIP) covers NACE 5-39, the Building and Construction Inquiry (BCI) covers NACE 41-43 and the Annual Services Inquiry (ASI) covers many codes between NACE 45-96. National Accounts are grateful to our colleagues in SBS for their assistance with these data.

Users should note that these Output method data are presented from a National Accounts compilation perspective.

Structure of this publication

In addition to the main 2020 table (Table 1.2) presented at A64, this publication is structured into data chapters each covering a distinct theme, covering the period 1995-2020. The three themes describing the Output method are:

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

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

A fourth theme, splitting the total Output, Intermediate Consumption and GVA into NACE sectors dominated by Foreign-owned Multinational Enterprise (MNE) and Other sectors is also included.

Theme 4 - 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.

A fifth theme, describing these Irish estimates in the context of other EU Member States is included. These reflect the data availability as of the start of November 2021.

Theme 5 - EU Member State comparisons

The three themes describing the Output method have a general, repeated, structure.

Proportional composition time-series by A21, charts
Value time-series by A64, table
Value time-series by A21, table
Proportional ranking time-series by A21, table
Constant price time-series by A10, table
Selected sectors time-series, chart

The A10 table at constant market prices for 2013-2020 is chain linked annually and referenced to 2019. Users should note that these chain linked series are not additive except for 2019 and 2020. As with the current price data in this publication, these chain linked data are consistent with the relevant data in NIE20 published in July 2021.

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 2020.

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 2.2% in 2020.

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, 1995-2020¹
			€million
	P.1	P.2	B.1g
	Total Output at basic prices	Intermediate Consumption	Gross Value Added at basic prices
1995	114,087	64,636	49,451
1996	123,034	69,518	53,516
1997	143,307	81,462	61,845
1998	169,544	96,790	72,754
1999	191,831	109,161	82,671
2000	223,420	126,699	96,722
2001	253,658	144,844	108,814
2002	272,850	152,245	120,605
2003	294,245	165,258	128,987
2004	314,755	177,326	137,429
2005	345,133	195,610	149,523
2006	386,387	223,809	162,578
2007	419,441	244,375	175,066
2008	421,615	254,280	167,335
2009	373,056	220,720	152,336
2010	354,545	202,277	152,269
2011	331,360	176,309	155,051
2012	377,407	218,871	158,536
2013	391,069	226,970	164,100
2014	415,992	237,514	178,478
2015	519,086	274,987	244,098
2016	538,330	287,522	250,808
2017	577,243	303,209	274,034
2018	642,859	336,574	306,286
2019	692,763	357,463	335,300
2020	707,307	358,043	349,264
¹2020 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, 1995-2020¹
			%
	P.1	P.2	B.1g
	Output change on previous year	Intermediate Consumption change on previous year	Gross Value Added change on previous year
1995	:	:	:
1996	7.8	7.6	8.2
1997	16.5	17.2	15.6
1998	18.3	18.8	17.6
1999	13.1	12.8	13.6
2000	16.5	16.1	17.0
2001	13.5	14.3	12.5
2002	7.6	5.1	10.8
2003	7.8	8.5	7.0
2004	7.0	7.3	6.5
2005	9.7	10.3	8.8
2006	12.0	14.4	8.7
2007	8.6	9.2	7.7
2008	0.5	4.1	-4.4
2009	-11.5	-13.2	-9.0
2010	-5.0	-8.4	-0.0
2011	-6.5	-12.8	1.8
2012	13.9	24.1	2.2
2013	3.6	3.7	3.5
2014	6.4	4.6	8.8
2015	24.8	15.8	36.8
2016	3.7	4.6	2.7
2017	7.2	5.5	9.3
2018	11.4	11.0	11.8
2019	7.8	6.2	9.5
2020	2.1	0.2	4.2
Average	7.9	7.5	8.4
¹2020 are preliminary figures. GVA excludes NIE statistical discrepancy.

Output and Value Added by Activity 2020

Introduction

Introduction

Measuring Ireland's Economy: Value of Output was €707 billion in 2020

Structure of this publication

Contents

Why you can Trust the CSO

Contact:

Links:

Careers

Follow: