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Output and Value Added by Activity 2021

Gross Value Added (GVA)

GVA increased by 14% to €401 billion in 2021

Online ISSN: 2009-096X

CSO statistical publication, 18 November 2022, 11am

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 2021. The Wholesale, Retail and Motor trade (G) was the second biggest in 1995 and the third biggest in 2021. 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 2021. 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 2021.

Figure 4.1 Proportional composition of Gross Value Added (GVA) by A21 sector, 1995-2021

(click on the thumbnail images below to expand these treemaps and view as a slideshow)

Proportional composition of Gross Value Added (GVA) by A21 sector, 1995

Proportional composition of Gross Value Added (GVA) by A21 sector, 2005

Proportional composition of Gross Value Added (GVA) by A21 sector, 2010

Proportional composition of Gross Value Added (GVA) by A21 sector, 2021

Table 4.1 Gross Value Added by NACE A64 sector, 1995-2021

Table 4.1 Gross Value Added by NACE A64 sector, 1995-2021¹
									€million
ESA A64 code	NACE Rev. 2	Activity	1995	2000	2005	2010	2015	2020	2021

1	1	Crop and animal production, hunting and related service activities	2,752	2,493	1,571	1,356	2,194	3,295	4,119
2	2	Forestry and logging	63	53	60	104	9	38	50
3	3	Fishing and aquaculture	241	172	129	137	148	139	170
4	05-09	Mining and quarrying	315	479	575	687	393	320	444
5	10-12	Manufacture of food products, beverages and tobacco products	1,886	3,602	5,732	6,499	8,685	7,665	9,101
6	13-15	Manufacture of textiles, wearing apparel and leather products	407	344	261	152	154	115	137
7	16	Manufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials	179	374	464	164	202	299	358
8	17	Manufacture of paper and paper products	195	272	242	186	188	224	227
9	18	Printing and reproduction of recorded media	230	393	830	387	369	292	293
10-11	19-20	Manufacture of coke and refined petroleum products; basic chemicals	770	1,925	749	1,625	5,598	17,051	13,823
12, 17²	21 & 26	Manufacture of pharmaceutical products; computer, electronic and optical products	4,580	12,300	17,026	17,955	67,389	87,818	106,936
13	22	Manufacture of rubber and plastic products	357	528	667	362	556	692	792
14	23	Manufacture of other non-metallic mineral products	442	799	1,015	380	567	999	1,280
15	24	Manufacture of basic metals	118	193	231	183	240	255	243
16	25	Manufacture of fabricated metal products, except machinery and equipment	362	625	865	550	766	970	1,033
18	27	Manufacture of electrical equipment	252	567	250	126	356	451	475
19	28	Manufacture of machinery and equipment not elsewhere classified	362	541	1,275	672	1,111	1,233	1,623
20-21	29-30	Manufacture of motor vehicles, trailers and semi-trailers; other transport equipment	269	350	469	209	330	325	317
22	31-32	Manufacture of furniture; other manufacturing	822	2,087	3,133	2,948	4,283	8,115	10,420
23	33	Repair and installation of machinery and equipment	97	184	158	231	329	428	501
24	35	Electricity, gas, steam and air-conditioning supply	910	1,095	1,640	2,516	2,901	3,053	2,893
25	36	Water collection, treatment and supply	117	160	332	226	291	409	519
26	37-39	Sewerage, waste management and remediation activities	254	430	615	668	714	937	968
27	41-43	Construction	2,923	6,931	14,622	2,342	4,909	8,179	8,718
28	45	Wholesale and retail trade and repair of motor vehicles and motorcycles	645	1,262	1,606	1,149	1,331	1,631	1,668
29	46	Wholesale trade, except of motor vehicles and motorcycles	1,945	4,741	6,635	7,137	10,114	13,933	15,184
30	47	Retail trade, except of motor vehicles and motorcycles	2,773	4,524	6,660	7,584	8,049	9,048	9,457
31	49	Land transport and transport via pipelines	628	1,458	2,341	2,147	2,263	2,513	2,724
32	50	Water transport	62	153	157	103	78	52	105
33-34	51-52	Air transport, Warehousing and support activities for transportation	559	1,346	1,989	2,580	3,413	49	1,750
35	53	Postal and courier activities	475	680	807	855	754	975	1,115
36	55-56	Accommodation; food and beverage service activities	974	2,663	3,486	3,336	4,294	2,665	2,744
37-38	58-60	Publishing, audiovisual and broadcasting activities	1,207	3,153	3,737	7,281	12,224	29,827	36,977
39	61	Telecommunications	1,321	2,307	2,613	2,261	1,818	3,424	3,680
40	62-63	Computer programming, consultancy and related activities; information service activities	722	2,304	3,888	4,467	8,995	27,216	31,815
41	64	Financial service activities, except insurance and pension funding	2,730	5,045	9,201	10,848	10,294	9,356	9,851
42	65	Insurance, reinsurance and pension funding, except compulsory social security	822	1,296	3,568	3,930	3,440	2,766	4,816
43	66	Activities auxiliary to financial services and insurance activities	603	860	1,836	2,701	2,730	3,771	4,304
44	68	Real estate activities	2,780	6,868	10,014	9,854	14,533	21,284	24,980
45	69-70	Legal and accounting activities; activities of head offices; management consultancy activities	546	1,739	2,591	2,880	6,200	12,167	13,231
46	71	Architectural and engineering services; technical testing and analysis	277	854	1,884	1,558	1,517	2,778	3,299
47	72	Scientific research and development	63	110	466	601	1,093	1,071	1,350
48	73	Advertising and market research	90	211	308	539	679	1,363	1,486
49	74-75	Other professional, scientific and technical activities; veterinary activities	303	830	1,341	814	771	1,101	1,114
50	77	Rental and leasing activities	711	1,310	3,193	4,784	10,536	16,315	15,416
51	78	Employment activities	80	158	225	550	1,329	1,926	2,475
52	79	Travel agency, tour operator and other reservation services and related activities	92	195	300	220	321	190	154
53	80-82	Security and investigation activities; services to buildings and landscape activities; office administrative, office support and other business support activities	385	836	1,875	1,972	2,289	3,463	3,250
54	84	Public administration and defence; compulsory social security	2,736	3,830	6,023	6,803	7,999	10,107	10,666
55	85	Education	2,819	3,839	6,950	9,230	8,304	10,103	10,675
56	86	Human health activities	2,453	4,417	7,858	8,992	8,787	11,760	12,835
57	87-88	Social work activities	494	769	1,854	2,898	3,851	4,405	4,790
58	90-92	Creative, arts and entertainment activities; libraries, archives, museums and other cultural activities; gambling and betting activities	538	1,014	1,344	1,560	1,207	1,274	1,866
59	93	Sports activities and amusement and recreation activities	196	376	659	767	804	628	735
60	94	Activities of membership organisations	163	180	275	513	642	678	693
61	95	Repair of computers and personal and household goods	21	60	73	44	58	69	60
62	96	Other personal service activities	255	353	712	663	716	668	731
63	97-98	Activities of households as employers of domestic personnel; undifferentiated goods- and services-producing activities of households for own use	78	86	144	35	64	178	13
64	99	Activities of extraterritorial organisations and bodies (not included)
01-63	01-98	All NACE economic sectors	49,451	96,722	149,523	152,324	244,181	352,055	401,448
¹Preliminary figures. GVA excludes NIE statistical discrepancy.
²Codes aggregated for confidentiality reasons.

Open in Excel: Output and Value Added by Activity 2021 Table 4.1 (XLS 20KB)

Table 4.2 GVA by NACE A21 sector, 1995-2021

Table 4.2 GVA by NACE A21 sector, 1995-2021
									€million
NACE A21	NACE Rev. 2	Activity	1995	2000	2005	2010	2015	2020	2021
A	01-03	Agriculture, Forestry and Fishing	3,056	2,718	1,760	1,598	2,351	3,472	4,339
B	05-09	Mining and Quarrying	315	479	575	687	393	320	444
C	10-33	Manufacturing	11,328	25,083	33,367	32,629	91,124	126,933	147,558
D	35	Electricity, Gas, Steam and Air Conditioning Supply	910	1,095	1,640	2,516	2,901	3,053	2,893
E	36-39	Water Supply; Sewerage, Waste Management and Remediation Activities	370	590	946	893	1,005	1,346	1,487
F	41-43	Construction	2,923	6,931	14,622	2,342	4,909	8,179	8,718
G	45-47	Wholesale and Retail Trade; Repair of Motor Vehicles and Motorcycles	5,363	10,526	14,901	15,871	19,495	24,612	26,309
H	49-53	Transportation and Storage	1,725	3,636	5,294	5,684	6,508	3,589	5,694
I	55-56	Accommodation and Food Service Activities	974	2,663	3,486	3,336	4,294	2,665	2,744
J	58-63	Information and Communication	3,250	7,764	10,238	14,008	23,037	60,466	72,473
K	64-66	Financial and Insurance Activities	4,155	7,201	14,604	17,479	16,464	15,894	18,972
L	68	Real Estate Activities	2,780	6,868	10,014	9,854	14,533	21,284	24,980
M	69-75	Professional, Scientific and Technical Activities	1,279	3,744	6,589	6,392	10,260	18,479	20,479
N	77-82	Administrative and Support Service Activities	1,268	2,500	5,593	7,526	14,475	21,894	21,296
O	84	Public Administration and Defence; Compulsory Social Security	2,736	3,830	6,023	6,803	7,999	10,107	10,666
P	85	Education	2,819	3,839	6,950	9,230	8,304	10,103	10,675
Q	86-88	Human Health and Social Work Activities	2,947	5,186	9,713	11,891	12,638	16,164	17,625
R	90-93	Arts, Entertainment and Recreation	735	1,390	2,003	2,328	2,011	1,902	2,601
S	94-96	Other Service Activities	440	593	1,060	1,220	1,416	1,415	1,484
T	97-98	Activities of Households as Employers; Activities of Households for Own Use	78	86	144	35	64	178	13
U	99	Activities of Extraterritorial Organisations and Bodies (not included)
		Total	49,451	96,722	149,523	152,324	244,181	352,055	401,448

Open in Excel: Output and Value Added by Activity 2021 Table 4.2 (XLS 14KB)

Table 4.3 GVA by NACE A21 sector by rank, 1995-2021 (1 = biggest sector by value, 20 = smallest sector by value)

Table 4.4 GVA by NACE A10 sector in constant market prices, 2013-2021 (chain linked annually and referenced to year 2020)

	Manufacturing	Construction	Information and Communication	Other
1995	22.9076105010899	5.91123062579944	6.57166999403468	64.6094888790759
1996	22.9722695086648	5.95331171816858	6.70048953900521	64.3739292341614
1997	24.4522819142771	6.08210359031634	7.46957159146049	61.9960429039461
1998	25.6971977706741	6.31820475387717	7.85126467593779	60.1333327995109
1999	26.4120311988435	6.75320135652308	8.36313936656416	58.4716280780693
2000	25.9333365153585	7.16596593228902	8.02744941052231	58.8732481418302
2001	28.3303704920361	7.42679280959067	7.20859501063928	57.0342416877339
2002	30.1587016139568	7.19023513633675	6.45472486643059	56.1963383832759
2003	26.3629056469601	7.70088407343124	6.54201255144665	59.394197728162
2004	24.0222686363488	8.69328387910384	6.90929036595355	60.3751571185938
2005	22.3154348792496	9.77912863938306	6.84726905738746	61.0581674239798
2006	21.1249896609325	10.6810172497515	6.3322665942993	61.8617264950167
2007	20.2316738595675	9.17487547991278	6.50161230097709	64.0918383595427
2008	19.6522886678859	6.60306302240437	7.62049778272018	66.1241505269895
2009	22.6885817025432	2.73769344210609	8.37126074887117	66.2024641064795
2010	21.4210883990981	1.53772374653014	9.19641792974079	67.844769924631
2011	22.7341064535896	1.08227677355927	9.05265854533537	67.1309582275158
2012	21.7459531687761	1.69624465619828	9.74566511858224	66.8121370564434
2013	21.0046790773819	2.11871055476038	10.2740196098464	66.6025907580114
2014	21.3492047283706	2.47997925672752	10.704084979187	65.4667310357148
2015	37.3181650461618	2.01030731814428	9.43454309909991	51.236984536594
2016	35.6544474269342	2.28564078043784	9.9389558673982	52.1209559252298
2017	34.5461975987291	2.72105540235494	11.421225520428	51.3115214784879
2018	34.9463943612228	2.63018803901218	12.9235383040443	49.4998792957208
2019	33.6738104455057	2.62385800614419	15.1637007637217	48.5386307846285
2020	36.0547204075255	2.32310462692678	17.1752762019288	44.4468987636189
2021	36.7564991365683	2.17159261615141	18.0528262874131	43.0190819598673

In the above figure, a version of which is repeated across the Output method chapters, the 1995-2021 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 1995-2021 period. Information and Communication (J) was the second biggest sector in 2021. These two sectors dominated, though not as much as for Output and Intermediate Consumption, and combined they comprised 55% of total GVA across the economy in 2021, 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 12% of Information and Communication in 2021.

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 1995-2021 time series available in the CSO's PxStat database.

Next chapter: Foreign-owned Multinational Enterprises

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Table 4.4 GVA by NACE A10 sector in constant market prices, 2013-2021 (chain linked¹ annually and referenced to year 2020)
											€million
NACE	A10 codes	Activity	2013	2014	2015	2016	2017	2018	2019	2020	2021
01-03	A	Agriculture, Forestry and Fishing	1,977	2,504	2,646	2,909	3,087	2,730	3,417	3,472	3,485
05-39	B-E	Industry (excluding construction)	47,942	53,043	93,090	91,446	94,953	105,333	107,597	131,652	159,775
10-33	C	of which: Manufacturing	43,430	48,075	89,191	87,475	90,742	101,034	102,970	126,933	155,633
41-43	F	Construction	5,926	6,331	6,751	7,321	8,145	8,885	9,337	8,179	7,922
45-56	G-I	Distribution, transport, hotels and restaurants	28,142	29,876	31,942	34,000	35,518	37,174	38,157	30,866	32,034
58-63	J	Information and communication	18,359	20,768	24,174	26,382	33,748	42,257	50,886	60,466	70,224
64-66	K	Financial and insurance activities	18,493	18,941	19,917	17,825	16,232	17,651	17,604	15,894	18,717
68	L	Real estate activities	19,316	20,163	20,422	20,525	20,996	21,187	21,557	21,284	22,696
69-82	M-N	Professional, admin and support services	21,242	24,082	26,803	28,026	32,393	37,615	39,889	40,373	40,613
84-88	O-Q	Public administration, education and health	31,275	31,586	32,611	33,138	34,337	35,492	36,974	36,374	37,495
90-98	R-U	Arts, entertainment and other services	3,077	3,212	3,563	3,953	4,304	4,404	4,445	3,495	3,545
01-98	Total		195,342	210,280	260,445	264,006	282,129	311,148	327,821	352,055	396,504
¹Chain linked series not additive except for 2020 and 2021.

Output and Value Added by Activity 2021

Gross Value Added (GVA)

Gross Value Added (GVA)

GVA increased by 14% to €401 billion in 2021

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Table 4.3 GVA by NACE A21 sector by rank, 1995-2021 (1 = biggest sector by value, 20 = smallest sector by value)
									Rank
NACE A21	NACE Rev. 2	Activity	1995	2000	2005	2010	2015	2020	2021
A	01-03	Agriculture, Forestry and Fishing	5	12	15	16	15	13	13
B	05-09	Mining and Quarrying	19	19	19	19	19	19	19
C	10-33	Manufacturing	1	1	1	1	1	1	1
D	35	Electricity, Gas, Steam and Air Conditioning Supply	15	16	16	13	14	14	14
E	36-39	Water Supply; Sewerage, Waste Management and Remediation Activities	18	18	18	18	18	18	17
F	41-43	Construction	7	5	3	14	12	11	11
G	45-47	Wholesale and Retail Trade; Repair of Motor Vehicles and Motorcycles	2	2	2	3	3	3	3
H	49-53	Transportation and Storage	11	11	12	11	11	12	12
I	55-56	Accommodation and Food Service Activities	14	13	13	12	13	15	15
J	58-63	Information and Communication	4	3	5	4	2	2	2
K	64-66	Financial and Insurance Activities	3	4	4	2	4	8	7
L	68	Real Estate Activities	9	6	6	6	5	5	4
M	69-75	Professional, Scientific and Technical Activities	12	10	9	10	8	6	6
N	77-82	Administrative and Support Service Activities	13	14	11	8	6	4	5
O	84	Public Administration and Defence; Compulsory Social Security	10	9	10	9	10	9	10
P	85	Education	8	8	8	7	9	10	9
Q	86-88	Human Health and Social Work Activities	6	7	7	5	7	7	8
R	90-93	Arts, Entertainment and Recreation	16	15	14	15	16	16	16
S	94-96	Other Service Activities	17	17	17	17	17	17	18
T	97-98	Activities of Households as Employers; Activities of Households for Own Use	20	20	20	20	20	20	20
U	99	Activities of Extraterritorial Organisations and Bodies (not included)