€322m was spent by the Irish film, TV drama, animation and documentary industry in the local economy last year.
State agency, Fís Éireann/Screen Ireland, said spending on Irish TV drama production increased by 16% to €55m.
41% of projects supported by Screen Ireland last year were shot partially or fully in counties outside established production hubs of Dublin and Wicklow.
The figures were published as the organisation detailed its production plans for 2024.
"Last year was an outstanding year for the Irish film industry and today we are delighted to launch Screen Ireland's 2024 Slate of Productions," said Désirée Finnegan, Chief Executive of Fís Éireann/Screen Ireland.
"With over 40 projects across feature film, documentary, animation and TV drama in our line-up, we are incredibly proud to have supported such a diverse range of Irish storytelling."
"Screen Ireland has long championed a dual approach to industry growth, significantly increasing investment in local domestic production while also attracting large-scale international projects into the country. Both are essential to a thriving screen industry."
Ms Finnegan added that local production remained strong despite a lot of global industry uncertainty last year.
"We look forward to bringing these new Irish stories, our language and our culture to audiences worldwide in 2024," she added.
"It is a testament to the strength of Irish filmmaking and the skill and passion of all those working across the screen industry."
Among the productions being released this year are 20 feature films, eight TV dramas, seven animated series, 10 documentaries, three RTÉ Storyland projects and 31 short films.
The productions include the feature film adaptation of Claire Keegan’s award-winning novel, Small Things Like These.
It was written by Enda Walsh and directed by Tim Mielants, and stars Cillian Murphy, who was also one of the producers of the film, and Eileen Walsh.
Other films include crime thriller Bring Them Down, which stars Barry Keoghan, as well as the Irish language film Kneecap, which premiered at the Sundance Film Festival last Thursday.
Among the Irish TV dramas are The Boy That Never Was, a thriller directed by Hannah Quinn, adapted from Karen Perry’s novel by crime author and screenwriter Jo Spain, which is coming soon to RTÉ.
Animated projects include Maddie + Triggs, Doodle Girl, and interactive multi-platform project Where The Wild Geese Go.
Also this year, Screen Ireland said it will establish a new National Talent Academy for visual effects.
