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Output and Value Added by Activity 2022

Gross Value Added (GVA)

GVA increased by 18% to €482 billion in 2022

Online ISSN: 2009-096X

CSO statistical publication, 17 November 2023, 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 2022. The Wholesale, Retail and Motor trade (G) was the second biggest in 1995 and the third biggest in 2022. 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 2022. Agriculture, Forestry and Fishing (A) declined from the fifth biggest sector by GVA in 1995 to the sixteenth biggest in 2010 and the fourteenth largest in 2022.

Figure 4.1 Proportional composition of Gross Value Added (GVA) by A21 sector, 1995-2022

(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, 2022

Table 4.1 Gross Value Added by NACE A64 sector, 1995-2022

Table 4.1 Gross Value Added by NACE A64 sector, 1995-2022¹									€million
ESA A64 code	NACE Rev. 2	Activity	1995	2000	2005	2010	2015	2020	2022
1	1	Crop and animal production, hunting and related service activities	2,752	2,493	1,571	1,356	2,194	3,296	5,356
2	2	Forestry and logging	63	53	60	104	9	39	57
3	3	Fishing and aquaculture	241	172	129	137	148	130	194
4	05-09	Mining and quarrying	315	479	575	687	395	313	601
5	10-12	Manufacture of food products, beverages and tobacco products	1,886	3,602	5,732	6,499	8,723	7,515	10,605
6	13-15	Manufacture of textiles, wearing apparel and leather products	407	344	261	152	155	142	206
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	203	316	629
8	17	Manufacture of paper and paper products	195	272	242	186	189	238	247
9	18	Printing and reproduction of recorded media	230	393	830	387	370	250	140
10-11	19-20	Manufacture of coke and refined petroleum products; basic chemicals	770	1,925	749	1,625	5,673	16,998	13,427
12, 17²	21 & 26	Manufacture of pharmaceutical products; computer, electronic and optical products	4,580	12,300	17,026	17,955	67,649	88,389	148,353
13	22	Manufacture of rubber and plastic products	357	528	667	362	559	706	953
14	23	Manufacture of other non-metallic mineral products	442	799	1,015	380	577	1,009	1,315
15	24	Manufacture of basic metals	118	193	231	183	263	283	159
16	25	Manufacture of fabricated metal products, except machinery and equipment	362	625	865	550	772	1,005	1,484
18	27	Manufacture of electrical equipment	252	567	250	126	358	459	458
19	28	Manufacture of machinery and equipment not elsewhere classified	362	541	1,275	672	1,120	1,817	2,007
20-21	29-30	Manufacture of motor vehicles, trailers and semi-trailers; other transport equipment	269	350	469	209	332	324	442
22	31-32	Manufacture of furniture; other manufacturing	822	2,087	3,133	2,948	4,288	8,323	11,367
23	33	Repair and installation of machinery and equipment	97	184	158	231	350	443	568
24	35	Electricity, gas, steam and air-conditioning supply	910	1,095	1,640	2,516	2,919	3,176	4,404
25	36	Water collection, treatment and supply	117	160	332	226	291	410	539
26	37-39	Sewerage, waste management and remediation activities	254	430	615	668	710	946	1,419
27	41-43	Construction	2,923	6,931	14,622	2,342	4,909	8,178	10,710
28	45	Wholesale and retail trade and repair of motor vehicles and motorcycles	645	1,262	1,606	1,149	1,331	1,660	1,875
29	46	Wholesale trade, except of motor vehicles and motorcycles	1,945	4,741	6,635	7,137	10,114	14,493	14,720
30	47	Retail trade, except of motor vehicles and motorcycles	2,773	4,524	6,660	7,584	8,049	9,187	10,460
31	49	Land transport and transport via pipelines	628	1,458	2,341	2,147	2,263	2,545	3,483
32	50	Water transport	62	153	157	103	78	56	84
33-34	51-52	Air transport, Warehousing and support activities for transportation	559	1,346	1,989	2,580	3,413	58	5,412
35	53	Postal and courier activities	475	680	807	855	754	972	995
36	55-56	Accommodation; food and beverage service activities	974	2,663	3,486	3,336	4,294	2,693	7,117
37-38, 40²	58-60, 62-63	Publishing, audiovisual and broadcasting activities; Computer programming, consultancy and related activities; information service activities	1,929	5,457	7,625	11,748	21,219	57,004	80,111
39	61	Telecommunications	1,321	2,307	2,613	2,261	1,818	3,371	3,722
41	64	Financial service activities, except insurance and pension funding	2,730	5,045	9,201	10,848	10,294	8,105	9,777
42	65	Insurance, reinsurance and pension funding, except compulsory social security	822	1,296	3,568	3,930	3,440	3,131	3,182
43	66	Activities auxiliary to financial services and insurance activities	603	860	1,836	2,701	2,730	3,767	3,782
44	68	Real estate activities	2,780	6,868	10,014	9,854	14,533	21,189	27,015
45	69-70	Legal and accounting activities; activities of head offices; management consultancy activities	546	1,739	2,591	2,880	6,200	14,057	15,341
46	71	Architectural and engineering services; technical testing and analysis	277	854	1,884	1,558	1,517	2,804	3,497
47	72	Scientific research and development	63	110	466	601	1,093	1,075	1,639
48	73	Advertising and market research	90	211	308	539	679	1,390	1,131
49	74-75	Other professional, scientific and technical activities; veterinary activities	303	830	1,341	814	771	1,003	1,389
50	77	Rental and leasing activities	711	1,310	3,193	4,784	10,536	17,044	15,997
51	78	Employment activities	80	158	225	550	1,329	1,937	3,383
52	79	Travel agency, tour operator and other reservation services and related activities	92	195	300	220	321	188	244
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	3,601	4,516
54	84	Public administration and defence; compulsory social security	2,736	3,830	6,023	6,803	7,999	10,111	11,990
55	85	Education	2,819	3,839	6,950	9,230	8,304	10,130	11,610
56	86	Human health activities	2,453	4,417	7,858	8,992	8,787	11,794	14,194
57	87-88	Social work activities	494	769	1,854	2,898	3,851	4,413	4,991
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	1,453	1,470
59	93	Sports activities and amusement and recreation activities	196	376	659	767	804	634	1,030
60	94	Activities of membership organisations	163	180	275	513	642	680	932
61	95	Repair of computers and personal and household goods	21	60	73	44	58	70	106
62	96	Other personal service activities	255	353	712	663	716	687	1,151
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	179	11
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	244,655	356,186	481,998
¹Preliminary figures. GVA excludes statistical discrepancy.
²Codes aggregated for confidentiality reasons.

Open in Excel: Output and Value Added by Activity 2022 Table 4.1 (XLS 20KB)

Table 4.2 GVA by NACE A21 sector, 1995-2022

Table 4.2 GVA by NACE A21 sector, 1995-2022									€million
NACE A21	NACE Rev. 2	Activity	1995	2000	2005	2010	2015	2020	2022
A	01-03	Agriculture, Forestry and Fishing	3,056	2,718	1,760	1,598	2,351	3,465	5,607
B	05-09	Mining and Quarrying	315	479	575	687	395	313	601
C	10-33	Manufacturing	11,328	25,083	33,367	32,629	91,582	128,216	192,361
D	35	Electricity, Gas, Steam and Air Conditioning Supply	910	1,095	1,640	2,516	2,919	3,176	4,404
E	36-39	Water Supply; Sewerage, Waste Management and Remediation Activities	370	590	946	893	1,002	1,356	1,958
F	41-43	Construction	2,923	6,931	14,622	2,342	4,909	8,178	10,710
G	45-47	Wholesale and Retail Trade; Repair of Motor Vehicles and Motorcycles	5,363	10,526	14,901	15,871	19,495	25,339	27,055
H	49-53	Transportation and Storage	1,725	3,636	5,294	5,684	6,508	3,631	9,975
I	55-56	Accommodation and Food Service Activities	974	2,663	3,486	3,336	4,294	2,693	7,117
J	58-63	Information and Communication	3,250	7,764	10,238	14,008	23,037	60,375	83,833
K	64-66	Financial and Insurance Activities	4,155	7,201	14,604	17,479	16,464	15,002	16,741
L	68	Real Estate Activities	2,780	6,868	10,014	9,854	14,533	21,189	27,015
M	69-75	Professional, Scientific and Technical Activities	1,279	3,744	6,589	6,392	10,260	20,330	22,997
N	77-82	Administrative and Support Service Activities	1,268	2,500	5,593	7,526	14,475	22,771	24,140
O	84	Public Administration and Defence; Compulsory Social Security	2,736	3,830	6,023	6,803	7,999	10,111	11,990
P	85	Education	2,819	3,839	6,950	9,230	8,304	10,130	11,610
Q	86-88	Human Health and Social Work Activities	2,947	5,186	9,713	11,891	12,638	16,208	19,185
R	90-93	Arts, Entertainment and Recreation	735	1,390	2,003	2,328	2,011	2,087	2,500
S	94-96	Other Service Activities	440	593	1,060	1,220	1,416	1,437	2,188
T	97-98	Activities of Households as Employers; Activities of Households for Own Use	78	86	144	35	64	179	11
U	99	Activities of Extraterritorial Organisations and Bodies (not included)
		Total	49,451	96,722	149,523	152,324	244,655	356,186	481,998

Open in Excel: Output and Value Added by Activity 2022 Table 4.2 (XLS 13KB)

Table 4.3 GVA by NACE A21 sector by rank, 1995-2022 (1 = biggest sector by value, 20 = smallest sector by value)

Table 4.4 GVA by NACE A10 sector in constant market prices, 2013-2022 (chain linked annually and referenced to year 2021)

X-axis label	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	22.7928270721034	1.08145262322665	9.04576497454696	67.079955330123
2012	21.570307158785	1.70052342321571	9.77024850065506	66.9589209173442
2013	20.9310506911841	2.12096608457985	10.2849570913932	66.6630261328428
2014	21.5090389414538	2.47468773033689	10.6812456961563	65.3350276320531
2015	37.4328471601195	2.00640561036408	9.4162320528832	51.1445151766332
2016	35.5177183008922	2.29075343091511	9.96118788561116	52.2303403825816
2017	34.6892320358588	2.71507973460605	11.3961435434362	51.199544686099
2018	35.031327231022	2.62675221711569	12.9066600999857	49.4352604518766
2019	33.5640493610424	2.62808165002008	15.1880940949758	48.6197748939617
2020	35.9969116809986	2.29591561762283	16.9504611127299	44.7567115886487
2021	37.1838725362225	2.2851698285455	18.5554891602823	41.9754684749497
2022	39.9091459170029	2.22198182833156	17.3927731700929	40.4760990845727

In the above figure, a version of which is repeated across the Output method chapters, the 1995-2022 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 1995-2022 period. Information and Communication (J) was the second biggest sector in 2022. These two sectors dominated, though not as much as for Output and Intermediate Consumption, and combined they comprised 57% of total GVA across the economy in 2022, 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 13% of Information and Communication in 2022.

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 1995-2022 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, 2013-2022 (chain linked¹ annually and referenced to year 2021)												€million
NACE	A10 codes	Activity	2013	2014	2015	2016	2017	2018	2019	2020	2021	2022
01-03	A	Agriculture, Forestry and Fishing	2,331	2,953	3,120	3,430	3,757	3,234	4,112	4,168	4,304	4,574
05-39	B-E	Industry (excluding construction)	46,491	51,445	90,223	88,669	92,101	102,153	104,363	126,947	157,635	187,035
10-33	C	of which: Manufacturing	41,752	46,225	85,665	84,056	87,226	97,103	98,977	121,278	151,863	181,782
41-43	F	Construction	6,396	6,832	7,283	7,898	8,786	9,584	10,071	8,823	9,333	9,722
45-56	G-I	Distribution, transport, hotels and restaurants	28,467	30,241	32,309	34,416	35,914	37,557	38,552	31,456	33,085	38,663
58-63	J	Information and communication	18,890	21,369	24,874	27,146	34,725	43,480	52,359	62,420	75,783	81,128
64-66	K	Financial and insurance activities	16,999	17,411	18,308	16,385	14,920	16,225	16,182	14,515	18,354	16,915
68	L	Real estate activities	20,569	21,465	21,744	21,520	22,016	22,215	22,607	22,337	24,098	25,118
69-82	M-N	Professional, admin and support services	21,905	24,834	27,639	28,901	33,404	38,789	41,134	44,446	42,206	42,662
84-88	O-Q	Public administration, education and health	32,689	33,015	34,086	34,636	35,890	37,096	38,646	38,019	39,454	41,875
90-98	R-U	Arts, entertainment and other services	3,390	3,538	3,925	4,354	4,741	4,851	4,897	3,872	4,159	4,618
01-98	Total		196,326	211,360	261,928	265,326	283,648	312,690	329,512	356,006	408,411	452,310
¹Chain linked series not additive except for 2021 and 2022.

Output and Value Added by Activity 2022

Gross Value Added (GVA)

Gross Value Added (GVA)

GVA increased by 18% to €482 billion in 2022

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Table 4.3 GVA by NACE A21 sector by rank, 1995-2022 (1 = biggest sector by value, 20 = smallest sector by value)									Rank
NACE A21	NACE Rev. 2	Activity	1995	2000	2005	2010	2015	2020	2022
A	01-03	Agriculture, Forestry and Fishing	5	12	15	16	15	13	14
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	15
E	36-39	Water Supply; Sewerage, Waste Management and Remediation Activities	18	18	18	18	18	18	18
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	13
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	8
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	10	9
P	85	Education	8	8	8	7	9	9	10
Q	86-88	Human Health and Social Work Activities	6	7	7	5	7	7	7
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	17
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)