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CSO statistical release, 10 December 2015, 11am

Quarterly National Accounts

Quarter 3 2015

  GDP and GNP (seasonally adjusted) at constant 2013 prices
    
 Q3 2015Q3 2015 
    Amount €mQuarterly % change 
GDP50,9041.4 
GNP42,311-0.8 
    

Quarterly increase of 1.4 per cent in GDP on a seasonally adjusted basis

Figure 1 Seasonally Adjusted growth rates(% change on previous quarter)

On a seasonally adjusted basis, initial estimates indicate that GDP in volume terms increased by 1.4 per cent for the third quarter of 2015.  Growth in GNP decreased by 0.8 per cent in this quarter.

Value added increase for business sectors

On the output side of the accounts, it can be seen from Table 4 that value added for all business sectors increased in the quarter. There was an overall increase of 2.5 per cent in the industry sector in volume terms between Q3 2015 and Q2 2015, including building and construction that recorded a 1.2 per cent increase.  The other services sector increased by 1.4 per cent in real terms over the same period while the distribution, transport, software and communications sector grew by 1.3 per cent.  Agriculture, forestry and fishing recorded a quarterly increase of 11.4 per cent. Public administration and defence recorded a quarterly decrease of 0.7 per cent.

Domestic Demand increase, Net Exports decline

On the expenditure side of the accounts (Table 6) Capital formation increased by 4.9 per cent compared to the previous quarter. Personal consumption, the largest component of domestic demand, rose by 0.7 per cent in the quarter, while government expenditure decreased by 1.0 per cent over the same period.

Export growth during the quarter of 2.2 per cent was outpaced by import growth of 5.4 per cent. Total domestic demand rose by 3.0 per cent in Q3 compared to Q2 while net exports for the quarter decreased by €1,443m resulting in an overall increase in real GDP in Q3 2015 of 1.4 per cent. Net Factor Income outflows were €1,022m higher than the previous quarter leading to a decrease in GNP of 0.8 per cent.

The calculation methods for quarterly accounts are similar to those used in the annual National Income and Expenditure. As some of the available sources are of lesser reliability than those used for the annual national accounts, the quarterly estimates are subject to a greater margin of error than the annual figures. These preliminary estimates will therefore be revised when the next detailed annual results are published.

 

Comparisons with Q3 2014

On the output side of the accounts, gross value added in the Industry sector (including building and construction) increased by 16.1 per cent.  Distribution, transport, software and communication increased by 8.3 per cent and other services increased by 3.8 per cent. Agriculture, forestry and fishing increased by 16.0 per cent compared with the same quarter of 2014 over this period, while Public administration and defence fell by 1.0 per cent in Q3 2015. 

On the expenditure side, Capital investment rose by 35.8 per cent. Personal expenditure increased by 3.6 per cent while Government expenditure declined by 1.4 per cent compared to Q3 2014. Net exports were €1,503m lower in the third quarter of 2015 compared with the corresponding quarter of 2014.

The factor income outflows recorded in Q3 2015 were €2,063m higher compared with Q3 2014 resulting in the 7.0 per cent increase in GDP becoming a 3.2 per cent increase in GNP over the same period.

Click here to see a copy of the press briefing presentation (PDF 1,495KB)

 

Table 1 Gross Domestic Product by Sector of Origin and Gross National Product at Constant Market Prices (Chain linked annually and referenced to year 2013)*
(Note the sectors here are based on Nace rev 2. For further details see the methodology notes at the back)€million
PeriodAgric. Forestry and fishingIndustryof which Building and constructionDist. Transport software and comms.Public admin. and defenceOther services (including rent) GDP at constant factor cost   Taxes less subsidiesGDP at constant market costNet factor income from rest of worldGNP at constant market prices
 
 
 
20094,06944,2566,74139,9606,94066,477 155,40316,168171,503-30,563141,031
20104,09645,2234,97241,3356,78065,964 156,56615,649172,187-27,927144,169
20114,37644,8144,26141,5326,43267,762 161,50715,152176,643-33,693142,976
20124,26943,6304,00441,4146,23068,048 161,76415,149176,910-31,532145,318
20133,95341,9044,38844,8906,17566,692 163,11816,330179,448-27,406152,042
20144,64744,8794,72547,3986,15469,516 171,14617,631188,778-26,241162,537
2009            
Q11,11412,2081,8349,9131,69116,466 39,3674,41143,735-7,59136,142
Q21,47712,0341,6679,8741,75216,468 39,9253,29143,262-8,08135,251
Q384610,2531,67410,2181,77416,760 37,9624,83142,708-8,14734,652
Q46329,7611,5669,9541,72216,783 38,1483,63541,798-6,74434,987
2010            
Q195912,1451,20710,0741,65416,174 38,8214,13942,939-8,05434,934
Q21,29411,7271,21610,0451,70816,390 39,6383,10842,769-7,86834,940
Q31,04110,5591,28010,7461,74416,531 38,9424,84343,742-7,00236,710
Q480210,7921,27010,4701,67416,869 39,1663,56042,737-5,00237,585
2011            
Q11,00611,5641,10110,2681,59216,263 38,8514,21943,062-8,22634,843
Q21,36012,2791,05310,3531,66017,019 41,7902,94544,742-8,78935,965
Q31,14710,5161,05710,3811,60617,125 40,1994,45744,645-8,56236,090
Q486310,4551,05010,5301,57517,355 40,6673,53244,195-8,11536,079
2012            
Q11,10211,68591010,0131,51516,551 39,5384,22643,752-8,79434,981
Q21,41312,0309489,6491,56016,693 41,7853,07844,886-7,89336,974
Q31,02010,2121,02210,8501,59017,276 40,0384,69744,710-7,79936,889
Q47339,7021,12510,9021,56417,528 40,4023,14843,562-7,04636,474
2013            
Q173910,94495210,4351,49016,151 39,0024,49343,524-6,97736,543
Q21,09611,4531,03210,7691,54516,404 40,9033,31244,202-7,80336,385
Q31,1939,9591,16611,7891,58816,937 41,9664,94446,913-6,91739,999
Q49249,5481,23611,8971,55217,200 41,2473,58144,809-5,70939,115
2014            
Q186111,0881,04411,0541,52316,816 40,5134,81045,323-7,20838,115
Q21,35713,1381,18811,1291,57916,921 43,4843,81047,294-7,01340,282
Q31,31210,3801,25912,6751,54717,823 43,7264,94548,670-7,20141,470
Q41,11810,2731,23412,5401,50417,956 43,4234,06747,490-4,82042,670
2015            
Q189012,2621,09012,1381,44017,560 43,3985,25048,648-7,37441,274
Q21,31813,8141,20612,3751,51017,657 46,4384,08950,528-8,03142,497
Q31,52212,0491,30313,7251,53218,508 46,7185,33752,054-9,26442,790
Percentage change on corresponding period of previous year 
20092.2-9.3-27.3-6.4-5.51.2 -3.7-22.1-5.6 -8.0
20100.62.2-26.23.4-2.3-0.8 0.7-3.20.4 2.2
20116.8-0.9-14.30.5-5.12.7 3.2-3.22.6 -0.8
2012-2.4-2.6-6.0-0.3-3.20.4 0.2-0.00.2 1.6
2013-7.4-4.09.68.4-0.9-2.0 0.87.81.4 4.6
201417.67.17.75.6-0.34.2 4.98.05.2 6.9
2009            
Q13.0-6.6-26.0-6.9-3.21.7 -3.1-29.1-6.3 -8.7
Q27.4-7.8-27.5-5.8-5.31.2 -3.3-24.5-5.2 -8.0
Q3-7.1-14.2-29.2-5.8-5.80.7 -5.1-18.7-6.8 -8.6
Q43.0-9.1-26.6-7.2-7.51.3 -3.2-14.3-4.3 -6.5
2010            
Q1-13.9-0.5-34.21.6-2.2-1.8 -1.4-6.2-1.8 -3.3
Q2-12.4-2.5-27.11.7-2.5-0.5 -0.7-5.6-1.1 -0.9
Q323.03.0-23.65.2-1.7-1.4 2.60.22.4 5.9
Q426.910.6-18.95.2-2.80.5 2.7-2.12.2 7.4
2011            
Q14.9-4.8-8.71.9-3.80.5 0.11.90.3 -0.3
Q25.14.7-13.43.1-2.83.8 5.4-5.24.6 2.9
Q310.1-0.4-17.4-3.4-7.93.6 3.2-8.02.1 -1.7
Q47.6-3.1-17.30.6-5.92.9 3.8-0.83.4 -4.0
2012            
Q19.61.0-17.4-2.5-4.81.8 1.80.21.6 0.4
Q23.9-2.0-10.0-6.8-6.0-1.9 -0.04.50.3 2.8
Q3-11.0-2.9-3.34.5-1.00.9 -0.45.40.1 2.2
Q4-15.0-7.27.13.5-0.71.0 -0.7-10.9-1.4 1.1
2013            
Q1-33.0-6.34.74.2-1.7-2.4 -1.46.3-0.5 4.5
Q2-22.4-4.89.011.6-1.0-1.7 -2.17.6-1.5 -1.6
Q316.9-2.514.18.7-0.1-2.0 4.85.34.9 8.4
Q426.1-1.69.99.1-0.8-1.9 2.113.82.9 7.2
2014            
Q116.41.39.65.92.24.1 3.97.04.1 4.3
Q223.814.715.13.32.23.1 6.315.07.0 10.7
Q310.04.28.07.5-2.65.2 4.20.03.7 3.7
Q420.97.6-0.25.4-3.14.4 5.313.66.0 9.1
2015            
Q13.410.64.49.8-5.44.4 7.19.27.3 8.3
Q2-2.85.11.511.2-4.44.4 6.87.36.8 5.5
Q316.016.13.58.3-1.03.8 6.87.97.0 3.2
*Chain linked series not additive   
Table 2 Expenditure on Gross National Product at Current Market Prices  
          €million
PeriodPersonal consumption of goods and servicesNet exp. by central and local government on current goods and servicesGross domestic fixed capital formationValue of physical changes in stocksExports of goods and servicesImports of goods and servicesStatistical discrepancyGDP at current market pricesNet factor income from the rest of the worldGNP at current market prices
           
200984,95329,65235,899-1,490158,596-135,674-2,504169,432-28,517140,915
201083,66626,45529,584-569171,332-144,748437166,157-26,425139,732
201184,61726,15529,921780176,112-144,8111,166173,940-32,127141,813
201284,57925,95533,450297187,427-157,399536174,845-31,514143,331
201385,72426,11031,677772191,434-156,765496179,448-27,406152,042
201488,95927,23636,5111,905214,961-180,287-239189,046-26,169162,877
2009          
Q121,3817,7819,749-56839,909-34,409-63943,204-7,16436,040
Q220,7767,2099,4531440,856-34,552-63743,118-7,58935,529
Q320,5607,2077,734-43038,716-31,448-61741,722-7,56234,160
Q422,2367,4568,963-50539,116-35,265-61241,388-6,20235,186
2010          
Q120,4996,7017,369-52740,252-33,09610941,307-7,56733,740
Q220,4226,4908,091-10643,627-36,67711041,958-7,51734,441
Q320,6276,4346,15035344,184-35,55711142,302-6,64935,653
Q422,1176,8297,974-28843,269-39,41810740,590-4,69235,898
2011          
Q120,7776,5087,065-31743,009-35,64427941,676-7,85833,818
Q220,7136,5008,57140344,387-36,68629644,184-8,32035,864
Q320,4936,5876,31959944,089-34,53729443,843-8,10035,743
Q422,6346,5617,9679544,627-37,94429744,236-7,84936,387
2012          
Q120,3656,6108,165-57545,327-38,08012941,941-8,68433,257
Q220,4176,43811,18155047,504-40,78113945,448-7,87937,569
Q320,8926,5196,86729246,537-37,32813543,913-7,87636,037
Q422,9056,3897,2373048,061-41,21013343,544-7,07536,469
2013          
Q120,6426,3847,96338545,352-38,03511842,810-6,94535,865
Q220,6126,5547,44824149,227-39,96812244,237-7,83536,402
Q321,2246,6207,88376548,249-37,52313147,349-6,92140,428
Q423,2476,5538,383-62048,606-41,24112445,052-5,70539,347
2014          
Q121,3436,3928,79848548,285-40,861-5644,386-7,13337,253
Q221,4736,7458,65111254,462-45,052-5946,333-6,95639,377
Q321,8396,8888,98057755,412-44,554-6249,079-7,16241,917
Q424,3047,21210,08173056,802-49,819-6249,249-4,91844,331
2015          
Q122,1756,8619,74389958,605-48,331-6349,888-7,75442,134
Q222,1626,91311,623-59466,089-54,180-6651,947-8,50243,445
Q322,7796,73212,36818266,662-54,308-6954,346-9,83844,508
Percentage change on corresponding period of previous year
2009-11.2-3.7-22.8 0.4-4.3 -9.7 -12.9 
2010-1.5-10.8-17.6 8.06.7 -1.9 -0.8 
20111.1-1.11.1 2.80.0 4.7 1.5 
2012-0.0-0.811.8 6.48.7 0.5 1.1 
20131.40.6-5.3 2.1-0.4 2.6 6.1 
20143.84.315.3 12.315.0 5.3 7.1 
2009           
Q1-11.03.0-33.1 3.7-4.2 -9.9 -13.6 
Q2-11.0-5.5-17.7 3.0-2.6 -7.9 -11.8 
Q3-12.5-5.7-26.9 -0.6-6.4 -10.7 -13.4 
Q4-10.3-6.4-9.3 -4.3-4.1 -10.0 -12.7 
            
2010           
Q1-4.1-13.9-24.4 0.9-3.8 -4.4 -6.4 
Q2-1.7-10.0-14.4 6.86.1 -2.7 -3.1 
Q30.3-10.7-20.5 14.113.1 1.4 4.4 
Q4-0.5-8.4-11.0 10.611.8 -1.9 2.0 
            
2011           
Q11.4-2.9-4.1 6.87.7 0.9 0.2 
Q21.40.15.9 1.70.0 5.3 4.1 
Q3-0.62.42.7 -0.2-2.9 3.6 0.3 
Q42.3-3.9-0.1 3.1-3.7 9.0 1.4 
            
2012           
Q1-2.01.615.6 5.46.8 0.6 -1.7 
Q2-1.4-1.030.4 7.011.2 2.9 4.8 
Q31.9-1.08.7 5.68.1 0.2 0.8 
Q41.2-2.6-9.2 7.78.6 -1.6 0.2 
            
2013           
Q11.4-3.4-2.5 0.1-0.1 2.1 7.8 
Q21.01.8-33.4 3.6-2.0 -2.7 -3.1 
Q31.61.514.8 3.70.5 7.8 12.2
Q41.52.615.8 1.10.1 3.5 7.9
2014
Q13.40.110.5 6.57.4 3.7 3.9
Q24.22.916.2 10.612.7 4.7 8.2
Q32.94.013.9 14.818.7 3.7 3.7
Q44.610.120.3 16.920.8 9.3 12.7
           
2015
Q13.97.310.7 21.418.3 12.4 13.1
Q23.22.534.3 21.320.3 12.1 10.3
Q34.3-2.337.7 20.321.9 10.7 6.2
           
Table 3 Expenditure on Gross National Product at Constant Market Prices (Chain linked annually and referenced to year 2013)*
         €million
PeriodPersonal consumption of goods and servicesNet exp. by central and local government on current goods and servicesGross domestic fixed capital formationValue of physical changes in stocksExports of goods and servicesImports of goods and servicesGDP at constant market pricesNet factor income from the rest of the worldGNP at constant market prices
200986,60528,92135,835-1,417168,306-149,415171,503-30,563141,031 
201087,26226,87130,268-556179,103-154,710172,187-27,927144,169 
201186,66726,32331,240753182,913-152,385176,643-33,693142,976 
201286,01525,74833,924286186,805-156,758176,910-31,532145,318 
201385,72426,11031,677772191,434-156,765179,448-27,406152,042
201487,44427,30136,2141,599214,584-179,811188,778-26,241162,537
2009         
Q121,4967,4089,519-55041,735-37,12543,735-7,59136,142 
Q221,1837,2819,2517743,035-37,93943,262-8,08135,251 
Q321,1616,9717,837-46841,333-34,95642,708-8,14734,652 
Q422,7657,2619,227-47642,203-39,39541,798-6,74434,987 
2010         
Q121,4766,7517,382-53242,292-35,83642,939-8,05434,934 
Q221,3556,7988,248-6445,134-39,27842,769-7,86834,940 
Q321,5626,5336,32733545,960-37,78543,742-7,00236,710 
Q422,8696,7898,310-29445,716-41,81142,737-5,00237,585 
2011         
Q121,4866,7197,341-35344,440-37,62543,062-8,22634,843 
Q221,2896,6388,86834546,479-38,99944,742-8,78935,965 
Q321,0246,4706,59660946,126-36,34444,645-8,56236,090 
Q422,8676,4958,43415245,869-39,41844,195-8,11536,079 
2012         
Q120,8606,5578,393-58745,626-38,19443,752-8,79434,981 
Q220,8496,38711,12151847,441-40,75944,886-7,89336,974 
Q321,3086,4676,93328145,948-36,84244,710-7,79936,889 
Q422,9986,3377,4787447,790-40,96443,562-7,04636,474 
2013         
Q120,8066,3847,94745945,455-38,20343,524-6,97736,543
Q220,6916,5547,46727948,965-39,86144,202-7,80336,385
Q321,2416,6207,85273348,190-37,39246,913-6,91739,999
Q422,9856,5538,411-69948,824-41,30944,809-5,70939,115
2014         
Q121,1306,4778,74036048,592-40,80445,323-7,20838,115
Q221,1626,8118,71114154,788-44,95947,294-7,01340,282
Q321,4776,8348,64646755,638-44,40348,670-7,20141,470
Q423,6757,17810,11863155,566-49,64547,490-4,82042,670
2015         
Q121,9536,8539,54489455,418-46,90548,648-7,37441,274
Q221,7786,93511,68811262,166-52,38750,528-8,03142,497
Q322,2566,74011,74496462,520-52,78852,054-9,26442,790
Percentage change on corresponding period of previous year 
2009-5.3-3.6-16.9 -1.1-3.3-5.6 -8.0 
20100.8-7.1-15.5 6.43.50.4 2.2 
2011-0.7-2.03.2 2.1-1.52.6 -0.8 
2012-0.8-2.28.6 2.12.90.2 1.6 
2013-0.31.4-6.6 2.50.01.4 4.6
20142.04.614.3 12.114.75.2 6.9
2009         
Q1-7.0-0.2-27.0 -0.3-6.1-6.3 -8.7 
Q2-4.9-2.0-12.2 -0.9-2.4-5.2 -8.0 
Q3-5.8-5.7-20.6 -1.4-4.1-6.8 -8.6 
Q4-3.4-6.2-4.4 -1.6-0.4-4.3 -6.5 
2010         
Q1-0.1-8.9-22.4 1.3-3.5-1.8 -3.3 
Q20.8-6.6-10.8 4.93.5-1.1 -0.9 
Q31.9-6.3-19.3 11.28.12.4 5.9 
Q40.5-6.5-9.9 8.36.12.2 7.4 
2011         
Q10.0-0.5-0.6 5.15.00.3 -0.3 
Q2-0.3-2.47.5 3.0-0.74.6 2.9 
Q3-2.5-1.04.2 0.4-3.82.1 -1.7 
Q4-0.0-4.31.5 0.3-5.73.4 -4.0 
2012         
Q1-2.9-2.414.3 2.71.51.6 0.4 
Q2-2.1-3.825.4 2.14.50.3 2.8 
Q31.3-0.05.1 -0.41.40.1 2.2 
Q40.6-2.4-11.3 4.23.9-1.4 1.1 
2013         
Q1-0.3-2.7-5.3 -0.40.0-0.5 4.5
Q2-0.82.6-32.9 3.2-2.2-1.5 -1.6
Q3-0.32.413.3 4.91.54.9 8.4
Q4-0.13.412.5 2.20.82.9 7.2
2014         
Q11.61.510.0 6.96.84.1 4.3
Q22.33.916.7 11.912.87.0 10.7
Q31.13.210.1 15.518.83.7 3.7
Q43.09.520.3 13.820.26.0 9.1
2015         
Q13.95.89.2 14.015.07.3 8.3
Q22.91.834.2 13.516.56.8 5.5
Q33.6-1.435.8 12.418.97.0 3.2
*Chain linked series not additive  
Table 4 Gross Value Added at Constant Factor Cost by Sector of Origin and Gross National Product at Constant Market Prices
(Chain linked annually and referenced to year 2013) - Seasonally Adjusted      
 €million
PeriodAgric. Forestry and fishingIndustryof which Building and constructionDist. Transport software and commsPublic admin and defenceOther services (including rent)GDP at constant factor costTaxes less subsidiesGDP at constant market pricesNet factor income from the rest of the worldGNP at constant market prices
2009            
Q11,05511,7901,88210,0211,74816,71939,6764,05143,754-7,24036,511 
Q21,08611,3451,74410,0871,74416,68339,0504,11043,186-7,70835,508 
Q391810,7441,62010,0021,73116,62538,4684,04042,419-7,95734,634 
Q490810,3721,4989,8181,71716,44138,1723,96442,133-7,68534,373 
2010            
Q194211,5811,25910,2191,71116,48439,1263,84842,972-7,76335,204 
Q298011,0211,26610,3111,70016,57038,8563,86342,703-7,37735,367 
Q31,07911,1341,23710,4611,70116,38339,3084,01343,320-6,85636,501 
Q41,08611,5581,20410,2951,66916,50939,1983,93243,148-5,93137,032 
2011            
Q11,02811,2811,15910,5011,64416,51139,7403,80643,587-7,75735,867 
Q21,07311,1651,09810,6501,65517,31140,5463,76144,251-8,48135,701 
Q31,13011,1161,02010,0381,56516,95040,3863,68044,060-8,38335,757 
Q41,10611,28199010,3191,57016,97240,7123,94844,703-9,08535,606 
2012            
Q11,19411,23997510,2631,56816,89040,3323,84844,170-8,46935,663 
Q21,14511,0169789,9951,55416,93540,8373,81544,579-7,43837,117 
Q396010,77798310,4461,54917,07040,0603,90344,021-7,56936,476 
Q489010,5801,05910,6421,55917,13640,4323,60644,093-8,05636,029 
2013            
Q185310,4921,03210,7251,54216,51639,8204,09343,953-6,73537,133 
Q291410,4541,05711,2221,53816,64240,1293,99643,979-7,32036,666 
Q31,07010,4731,11911,2981,54716,70641,8094,18646,063-6,54239,530 
Q41,07510,5451,16711,5781,54816,81641,3024,06445,417-6,81538,663 
2014            
Q11,04610,8891,13111,4561,57617,10241,8384,27046,164-6,83039,390 
Q21,16611,6251,21811,5721,57317,28142,3224,62246,716-6,71039,909 
Q31,13710,9021,20412,1161,50717,55643,3994,25447,680-6,68040,989 
Q41,26111,4351,16812,1841,50117,56643,5414,57348,208-6,03242,191 
2015            
Q11,13211,8751,19212,5771,49217,92244,5204,75749,285-7,15742,090 
Q21,15212,3481,22712,9201,50217,97245,5874,78850,217-7,60142,657 
Q31,28212,6531,24313,0891,49218,21946,2374,67850,904-8,62342,311 
Percentage change on previous quarter 
2009           
Q113.04.7-8.6-5.4-5.82.90.9-11.7-0.2 -0.4
Q23.0-3.8-7.30.7-0.2-0.2-1.61.5-1.3 -2.7
Q3-15.4-5.3-7.1-0.8-0.7-0.4-1.5-1.7-1.8 -2.5
Q4-1.1-3.5-7.5-1.8-0.8-1.1-0.8-1.9-0.7 -0.8
2010           
Q13.811.7-16.04.1-0.40.32.5-2.92.0 2.4
Q24.0-4.80.50.9-0.60.5-0.70.4-0.6 0.5
Q310.11.0-2.31.40.1-1.11.23.91.4 3.2
Q40.63.8-2.7-1.6-1.90.8-0.3-2.0-0.4 1.5
2011           
Q1-5.3-2.4-3.72.0-1.40.01.4-3.21.0 -3.1
Q24.3-1.0-5.31.40.64.82.0-1.21.5 -0.5
Q35.3-0.4-7.1-5.7-5.4-2.1-0.4-2.2-0.4 0.2
Q4-2.11.5-2.92.80.30.10.87.31.5 -0.4
2012           
Q18.0-0.4-1.5-0.5-0.1-0.5-0.9-2.5-1.2 0.2
Q2-4.2-2.00.3-2.6-0.90.31.3-0.90.9 4.1
Q3-16.2-2.20.64.5-0.30.8-1.92.3-1.3 -1.7
Q4-7.3-1.87.71.90.70.40.9-7.60.2 -1.2
2013           
Q1-4.1-0.8-2.50.8-1.1-3.6-1.513.5-0.3 3.1
Q27.2-0.42.44.6-0.30.80.8-2.40.1 -1.3
Q317.00.25.80.70.60.44.24.84.7 7.8
Q40.40.74.32.50.10.7-1.2-2.9-1.4 -2.2
2014          
Q1-2.73.3-3.1-1.11.81.71.35.01.6 1.9
Q211.56.87.71.0-0.11.01.28.31.2 1.3
Q3-2.5-6.2-1.24.7-4.21.62.5-8.02.1 2.7
Q410.94.9-3.00.6-0.40.10.37.51.1 2.9
2015           
Q1-10.33.82.03.2-0.62.02.24.02.2 -0.2
Q21.74.03.02.70.70.32.40.71.9 1.3
Q311.42.51.21.3-0.71.41.4-2.31.4 -0.8
            
Table 5 Expenditure on Gross National Product at Current Market Prices - Seasonally Adjusted  
         €million
PeriodPersonal consumption of goods and servicesNet exp. by central and local government on current goods and servicesGross domestic fixed capital formationValue of physical changes in stocksExports of goods and servicesImports of goods and servicesGDP at current market pricesNet factor income from the rest of the wrorldGNP at current market prices
2009         
Q121,6047,8039,538-40340,560-35,02943,640-6,81636,842
Q221,2707,3359,034-28140,062-33,94942,909-7,24735,697
Q321,0177,2508,555-43239,006-33,04241,642-7,41734,323
Q421,0107,2718,670-39239,041-33,57941,214-7,06934,030
2010         
Q120,7466,7327,292-36440,938-33,90841,821-7,31234,438
Q220,9816,5907,670-30342,689-35,92141,750-7,02334,876
Q321,0666,4516,85820844,347-37,18242,030-6,53035,546
Q420,8066,6837,654-11243,367-37,70340,507-5,56534,799
2011         
Q121,2186,5306,990-9543,721-36,48242,613-7,35335,341
Q221,2086,6018,19420643,444-35,89543,693-8,07635,672
Q320,9066,5876,99338644,089-36,17343,305-7,94535,372
Q421,2126,4417,63629444,870-36,23744,277-8,76435,367
2012         
Q120,7936,6748,121-50946,303-39,11742,761-8,39434,316
Q221,0146,49110,78154646,274-39,79945,209-7,41637,975
Q321,3006,5077,4487346,432-38,90343,192-7,67735,524
Q421,3906,2906,97019748,391-39,58043,615-8,02635,473
2013         
Q121,0976,4727,93230746,552-39,19443,614-6,76236,807
Q221,2856,5697,30040347,776-38,86544,201-7,31737,090
Q321,6236,6118,30558348,063-39,02146,410-6,59239,772
Q421,6556,4588,143-51148,959-39,67245,124-6,73738,273
2014         
Q121,9456,4728,75536849,655-42,00645,506-6,73838,952
Q222,1076,7618,63333152,826-43,99946,155-6,69239,409
Q322,2396,8899,22342955,142-45,96447,971-6,70541,246
Q422,6067,1029,85078457,223-48,30649,336-6,04543,102
2015         
Q122,7376,9779,77863360,548-49,61550,902-7,57143,398
Q222,9166,89411,650-22063,894-53,02052,098-8,05244,137
Q323,1896,75012,5225966,256-55,65953,010-9,27943,817
Percentage change on previous quarter      
2009         
Q1-8.10.6-1.7 -0.0-0.5-4.4 -5.3
Q2-1.5-6.0-5.3 -1.2-3.1-1.7 -3.1
Q3-1.2-1.2-5.3 -2.6-2.7-3.0 -3.8
Q4-0.00.31.3 0.11.6-1.0 -0.9
2010         
Q1-1.3-7.4-15.9 4.91.01.5 1.2
Q21.1-2.15.2 4.35.9-0.2 1.3
Q30.4-2.1-10.6 3.93.50.7 1.9
Q4-1.23.611.6 -2.21.4-3.6 -2.1
2011         
Q12.0-2.3-8.7 0.8-3.25.2 1.6
Q2-0.11.117.2 -0.6-1.62.5 0.9
Q3-1.4-0.2-14.7 1.50.8-0.9 -0.8
Q41.5-2.29.2 1.80.22.2 -0.0
2012         
Q1-2.03.66.4 3.27.9-3.4 -3.0
Q21.1-2.732.8 -0.11.75.7 10.7
Q31.40.2-30.9 0.3-2.3-4.5 -6.5
Q40.4-3.3-6.4 4.21.71.0 -0.1
2013         
Q1-1.42.913.8 -3.8-1.0-0.0 3.8
Q20.91.5-8.0 2.6-0.81.3 0.8
Q31.60.613.8 0.60.45.0 7.2
Q40.1-2.3-2.0 1.91.7-2.8 -3.8
2014        
Q11.30.27.5 1.45.90.8 1.8
Q20.74.5-1.4 6.44.71.4 1.2
Q30.61.96.8 4.44.53.9 4.7
Q41.63.16.8 3.85.12.8 4.5
2015         
Q10.6-1.7-0.7 5.82.73.2 0.7
Q20.8-1.219.1 5.56.92.3 1.7
Q31.2-2.17.5 3.75.01.8 -0.7
          
Table 6 Expenditure on Gross National Product at Constant Market Prices (Chain linked annually and referenced to year 2013) - Seasonally Adjusted
         €million
PeriodPersonal consumption of goods and servicesNet exp. By central and local government on current goods and servicesGross domestic fixed capital formationValue of physical changes in stocksExports of goods and servicesImports of goods and servicesGDP at constant market prices Net factor income from the rest of the worldGNP at constant market prices
2009        
Q121,6567,4729,386-37442,639-37,77243,754-7,24036,511
Q221,6607,3128,906-31442,225-37,26443,186-7,70835,508
Q321,5777,0738,705-40441,440-36,62942,419-7,95734,634
Q421,6517,0928,777-34842,016-37,68342,133-7,68534,373
2010         
Q121,6656,8117,368-35943,248-36,68142,972-7,76335,204
Q221,9036,7867,853-32444,282-38,43542,703-7,37735,367
Q321,9616,6207,07722045,907-39,47443,320-6,85636,501
Q421,6616,6857,868-10045,651-40,09343,148-5,93137,032
2011         
Q121,8586,7207,289-12745,634-38,49043,587-7,75735,867
Q221,7676,6608,53110745,436-38,12144,251-8,48135,701
Q321,4036,5147,33640945,880-38,05744,060-8,38335,757
Q421,5746,4497,98637145,922-37,68444,703-9,08535,606
2012         
Q121,2186,5728,405-48946,981-39,23644,170-8,46935,663
Q221,4386,38810,70645446,276-39,74544,579-7,43837,117
Q321,6836,4767,5864645,576-38,49044,021-7,56936,476
Q421,6206,3087,12128347,919-39,27444,093-8,05636,029
2013         
Q121,1786,4307,98145047,013-39,33943,953-6,73537,133
Q221,3536,5307,26034747,652-38,80143,979-7,32036,666
Q321,6096,6308,38849547,710-38,96346,063-6,54239,530
Q421,5506,4978,078-50548,997-39,62245,417-6,81538,663
2014         
Q121,6206,5338,72332950,453-41,91946,164-6,83039,390
Q221,7586,7928,63224753,221-44,02246,716-6,71039,909
Q321,8436,8799,03522055,107-45,86447,680-6,68040,989
Q422,2057,0679,77581655,756-47,96148,208-6,03242,191
2015         
Q122,3776,9659,63674357,356-48,16649,285-7,15742,090
Q222,4646,87911,56134160,587-51,40150,217-7,60142,657
Q322,6216,81312,12871661,918-54,17550,904-8,62342,311
Percentage change on previous quarter       
2009         
Q1-3.9-0.81.1 0.2-0.4-0.2 -0.4
Q20.0-2.1-5.1 -1.0-1.3-1.3 -2.7
Q3-0.4-3.3-2.3 -1.9-1.7-1.8 -2.5
Q40.30.30.8 1.42.9-0.7 -0.8
2010         
Q10.1-4.0-16.0 2.9-2.72.0 2.4
Q21.1-0.46.6 2.44.8-0.6 0.5
Q30.3-2.5-9.9 3.72.71.4 3.2
Q4-1.41.011.2 -0.61.6-0.4 1.5
2011         
Q10.90.5-7.4 -0.0-4.01.0 -3.1
Q2-0.4-0.917.0 -0.4-1.01.5 -0.5
Q3-1.7-2.2-14.0 1.0-0.2-0.4 0.2
Q40.8-1.08.9 0.1-1.01.5 -0.4
2012         
Q1-1.61.95.2 2.34.1-1.2 0.2
Q21.0-2.827.4 -1.51.30.9 4.1
Q31.11.4-29.1 -1.5-3.2-1.3 -1.7
Q4-0.3-2.6-6.1 5.12.00.2 -1.2
2013         
Q1-2.01.912.1 -1.90.2-0.3 3.1
Q20.81.6-9.0 1.4-1.40.1 -1.3
Q31.21.515.5 0.10.44.7 7.8
Q4-0.3-2.0-3.7 2.71.7-1.4 -2.2
2014        
Q10.30.68.0 3.05.81.6 1.9
Q20.64.0-1.0 5.55.01.2 1.3
Q30.41.34.7 3.54.22.1 2.7
Q41.72.78.2 1.24.61.1 2.9
2015         
Q10.8-1.4-1.4 2.90.42.2 -0.2
Q20.4-1.220.0 5.66.71.9 1.3
Q30.7-1.04.9 2.25.41.4 -0.8
          
Annex 1a - Trade Summary: Quarterly Breakdown of trade into goods/services at current and constant prices
   Trade at Current Prices   Trade at Constant Prices€ million
          Exports           Imports           Exports           Imports  
             
 TotalGoods Services TotalGoods Services TotalGoods Services TotalGoods Services
2009            
Q139,90925,33014,57934,40915,63918,77041,73525,69416,04137,12517,16219,963
Q240,85625,26515,59134,55215,12519,42743,03525,92717,10837,93917,26820,671
Q338,71623,42015,29631,44813,63717,81141,33324,43616,89734,95615,82519,130
Q439,11623,25915,85735,26514,12221,14342,20324,60017,60339,39516,55022,845
 158,59697,27361,323135,67458,52377,151168,306100,65767,650149,41566,80582,609
2010            
Q140,25224,70215,55033,09614,46718,62942,29225,44716,84635,83616,15519,681
Q243,62726,60617,02136,67716,05120,62645,13426,78518,34939,27817,66121,618
Q344,18427,08317,10135,55715,09820,45945,96027,52318,43837,78516,27721,508
Q443,26924,86418,40539,41816,35123,06745,71625,94219,77441,81117,42424,387
 171,332103,25568,077144,74861,96782,781179,103105,69673,407154,71067,51687,194
2011            
Q143,00925,42317,58635,64414,79920,84544,44026,12518,31537,62516,23421,391
Q244,38725,11419,27336,68615,53821,14846,47926,11120,36838,99917,35821,640
Q344,08925,44318,64634,53713,89620,64146,12626,35719,76936,34415,16721,177
Q444,62724,59820,02937,94415,08822,85645,86924,80221,06739,41816,20023,218
 176,112100,57875,534144,81159,32185,490182,913103,39479,519152,38564,95987,426
2012            
Q145,32725,40519,92238,08016,29621,78445,62625,31620,31038,19416,10822,086
Q247,50425,63121,87340,78116,18424,59747,44125,39522,04640,75916,02324,736
Q346,53725,26321,27437,32815,00722,32145,94824,58521,36336,84214,54122,302
Q448,06125,59922,46241,21016,77324,43747,79025,21622,57440,96416,50424,459
 187,427101,89685,531157,39964,26093,139186,805100,51386,292156,75863,17693,582
2013            
Q145,35224,13721,21538,03516,28421,75145,45524,13021,32538,20316,32721,876 
Q249,22725,81123,41639,96816,02123,94748,96525,58723,37839,86115,99123,870
Q348,24925,11623,13337,52315,13822,38548,19025,10723,08337,39215,05422,337
Q448,60623,66724,93941,24116,22825,01348,82423,90624,91841,30916,29925,010
 191,43498,73192,703156,76563,66993,096191,43498,73192,703156,76563,67193,094
2014            
Q148,28525,86822,41740,86116,74924,11248,59226,48822,10340,80416,60824,197
Q254,46228,53625,92645,05217,28727,76554,78829,25525,53344,95917,25127,707
Q355,41229,05926,35344,55417,62726,92755,63829,34626,29244,40317,56426,839
Q456,80229,74827,05449,81919,24730,57255,56629,50726,05949,64519,43530,210
 214,961113,211101,750180,28770,911109,376214,584114,59799,988179,81170,858108,953
2015            
Q158,60532,78325,82248,33118,63329,69855,41830,86624,55146,90517,91028,995
Q266,08936,48629,60354,18019,38234,79862,16633,94528,22252,38718,64333,745
Q366,66236,43730,22554,30818,84935,45962,52034,06228,45852,78818,46034,328
% growth rate year on year        
2009            
Q13.77.4-2.0-4.2-9.50.7-0.33.0-5.3-6.1-9.4-3.1
Q23.05.0-0.0-2.6-6.90.9-0.9-0.2-2.1-2.4-3.4-1.6
Q3-0.6-0.2-1.1-6.4-6.6-6.2-1.4-1.0-2.0-4.1-0.3-7.1
Q4-4.3-7.10.1-4.1-8.4-1.0-1.6-2.2-0.6-0.40.5-1.0
2010            
Q10.9-2.56.7-3.8-7.5-0.81.3-1.05.0-3.5-5.9-1.4
Q26.85.39.26.16.16.24.93.37.33.52.34.6
Q314.115.611.813.110.714.911.212.69.18.12.912.4
Q410.66.916.111.815.89.18.35.512.36.15.36.7
2011            
Q16.82.913.17.72.311.95.12.78.75.00.58.7
Q21.7-5.613.20.0-3.22.53.0-2.511.0-0.7-1.70.1
Q3-0.2-6.19.0-2.9-8.00.90.4-4.27.2-3.8-6.8-1.5
Q43.1-1.18.8-3.7-7.7-0.90.3-4.46.5-5.7-7.0-4.8
2012            
Q15.4-0.113.36.810.14.52.7-3.110.91.5-0.83.2
Q27.02.113.511.24.216.32.1-2.78.24.5-7.714.3
Q35.6-0.714.18.18.08.1-0.4-6.78.11.4-4.15.3
Q47.74.112.18.611.26.94.21.77.23.91.95.3
2013            
Q10.1-5.06.5-0.1-0.1-0.2-0.4-4.75.00.01.4-0.9
Q23.60.77.1-2.0-1.0-2.63.20.86.0-2.2-0.2-3.5
Q33.7-0.68.70.50.90.34.92.18.11.53.50.2
Q41.1-7.511.00.1-3.32.42.2-5.210.40.8-1.22.3
2014
Q16.57.25.77.42.910.96.99.83.66.81.710.6
Q210.610.610.712.77.915.911.914.39.212.87.916.1
Q314.815.713.918.716.420.315.516.913.918.816.720.2
Q416.925.78.520.818.622.213.823.44.620.219.220.8
2015            
Q121.426.715.218.311.223.214.016.511.115.07.819.8
Q221.327.914.220.312.125.313.516.010.516.58.121.8
Q320.325.414.721.96.931.712.416.18.218.95.127.9
             
Seasonally Adjusted (SA) Annex 1 - Trade Summary: Quarterly Breakdown of trade into goods/services at SA current and SA constant prices
  Trade at Current Prices  Trade at Constant Prices € million
         Exports         Imports          Exports          Imports
             
 TotalGoods Services TotalGoods Services TotalGoods Services TotalGoods Services
2009            
Q140,56025,40515,09535,02915,33319,54442,63925,85716,68837,77216,87320,816
Q240,06224,77815,20033,94914,76219,21442,22525,40216,77037,26416,82320,517
Q339,00623,61815,37833,04214,54418,35541,44024,50116,95936,62916,79719,719
Q439,04123,54415,58833,57913,88519,98942,01624,97417,17037,68316,28621,479
 158,66997,34561,260135,59958,52477,101168,321100,73367,587149,34966,78082,531
             
2010            
Q140,93824,77316,14633,90814,19919,41743,24825,58017,53636,68115,93720,554
Q242,68926,02116,58735,92115,65920,29844,28226,20518,01838,43517,19621,374
Q344,34727,13717,23637,18215,98221,16345,90727,45718,54339,47417,22222,214
Q443,36725,38418,04137,70316,11321,83645,65126,51519,22340,09317,12022,980
 171,342103,31468,010144,71461,95382,714179,088105,75773,319154,68467,47587,122
             
2011            
Q143,72125,30218,40636,48214,48321,79845,63426,14819,36438,49015,98522,404
Q243,44424,69818,67335,89515,24120,63745,43625,61019,73038,12117,01621,222
Q344,08925,34718,78736,17314,75921,41645,88026,17619,87938,05716,08521,919
Q444,87025,29719,58536,23714,79021,68545,92225,49820,45637,68415,81321,951
 176,123100,64475,451144,78759,27385,536182,872103,43279,429152,35264,90087,496
             
2012            
Q146,30325,42720,85339,11716,06622,82546,98125,42921,41439,23615,93423,169
Q246,27425,00221,26439,79915,89823,87546,27624,76721,47139,74515,74224,120
Q346,43225,10021,35238,90315,82623,14045,57624,35421,40638,49015,40523,052
Q448,39126,43621,97339,58016,42523,29747,91926,02921,96239,27416,02623,273
 187,400101,96485,442157,39964,21693,137186,752100,57986,254156,74463,10893,613
             
2013            
Q146,55224,24622,31439,19416,09922,81947,01324,32422,51839,33916,20922,958
Q247,77625,04322,77238,86515,79323,14347,65224,80722,79938,80115,80323,159
Q348,06324,94823,10239,02115,90823,18147,71024,87823,00138,96315,85723,066
Q448,95924,47024,42539,67215,81423,91648,99724,71224,31539,62215,74123,896
 191,35098,70792,613156,75263,61493,060191,37198,72292,633156,72663,60993,079
             
2014            
Q149,65525,86723,79342,00616,55525,36450,45326,68923,69841,91916,46425,446 
Q252,82627,78525,14543,99917,18326,74953,22128,33424,60544,02217,22926,773 
Q355,14228,88826,20645,96418,32827,82555,10729,10126,05045,86418,28227,674 
Q457,22330,76126,53848,30618,80929,29855,75630,52925,50447,96118,83428,943 
 214,846113,300101,682180,27470,875109,235214,537114,65299,856179,76670,809108,835 
              
2015             
Q160,54832,99127,27649,61518,51931,26057,35631,24626,21848,16617,86030,503 
Q263,89435,28128,85953,02019,27333,51560,58732,68927,39051,40118,62432,575 
Q366,25636,23929,98455,65919,50136,57961,91833,79928,07254,17519,12235,365 
% growth rate quarter on quarter        
2009            
Q1-0.01.2-3.7-0.51.1-3.50.22.1-3.9-0.44.1-4.3
Q2-1.2-2.50.7-3.1-3.7-1.7-1.0-1.80.5-1.3-0.3-1.4
Q3-2.6-4.71.2-2.7-1.5-4.5-1.9-3.51.1-1.7-0.2-3.9
Q40.1-0.31.41.6-4.58.91.41.91.22.9-3.08.9
             
2010            
Q14.95.23.61.02.3-2.92.92.42.1-2.7-2.1-4.3
Q24.35.02.75.910.34.52.42.42.74.87.94.0
Q33.94.33.93.52.14.33.74.82.92.70.23.9 
Q4-2.2-6.54.71.40.83.2-0.6-3.43.71.6-0.63.4 
              
2011             
Q10.8-0.32.0-3.2-10.1-0.2-0.0-1.40.7-4.0-6.6-2.5
Q2-0.6-2.41.5-1.65.2-5.3-0.4-2.11.9-1.06.5-5.3
Q31.52.60.60.8-3.23.81.02.20.8-0.2-5.53.3
Q41.8-0.24.30.20.21.30.1-2.62.9-1.0-1.70.1
             
2012            
Q13.20.56.57.98.65.32.3-0.34.74.10.85.5
Q2-0.1-1.72.01.7-1.04.6-1.5-2.60.31.3-1.24.1
Q30.30.40.4-2.3-0.5-3.1-1.5-1.7-0.3-3.2-2.1-4.4
Q44.25.32.91.73.80.75.16.92.62.04.01.0
             
2013            
Q1-3.8-8.31.6-1.0-2.0-2.1-1.9-6.52.50.21.1-1.4
Q22.63.32.1-0.8-1.91.41.42.01.2-1.4-2.50.9
Q30.6-0.41.40.40.70.20.10.30.90.40.3-0.4
Q41.9-1.95.71.7-0.63.22.7-0.75.71.7-0.73.6
            
2014            
Q11.45.7-2.65.94.76.13.08.0-2.55.84.66.5
Q26.47.45.74.73.85.55.56.23.85.04.65.2
Q34.44.04.24.56.74.03.52.75.94.26.13.4
Q43.86.51.35.12.65.31.24.9-2.14.63.04.6
             
2015            
Q15.87.22.82.7-1.56.72.92.42.80.4-5.25.4
Q25.56.95.86.94.17.25.64.64.56.74.36.8
Q33.72.73.95.01.29.12.23.42.55.42.78.6
             
Annex 2 Transportable Goods Industries & Utilities Sector and Building & Construction Sector at Constant Factor Cost -
(Chain linked annually and referenced to year 2013) Non-Seasonally Adjusted and Seasonally Adjusted
        
 NON-SEASONALLY ADJUSTED SEASONALLY ADJUSTED
        
  of whichof which  of whichof which
PeriodIndustryTransportable Goods Industries and Utilities Building and Construct. Industry Transportable Goods Industries and UtilitiesBuilding and construct.
2009       
Q112,20810,6731,834 11,79010,2701,882
Q212,03410,7041,667 11,3459,8861,744
Q310,2538,7901,674 10,7449,3921,620
Q49,7618,4051,566 10,3729,0031,498
2010       
Q112,14510,9801,20711,58110,3971,259
Q211,72710,5711,21611,0219,8041,266
Q310,5599,4051,28011,13410,0291,237
Q410,7929,6351,27011,55810,4551,204
2011       
Q111,56410,4751,101 11,28110,1631,159
Q212,27911,1881,053 11,16510,0251,098
Q310,5169,4941,057 11,11610,1211,020
Q410,4559,4401,050 11,28110,359990
2012       
Q111,68510,714910 11,23910,193975
Q212,03011,024948 11,0169,988978
Q310,2129,2191,022 10,7779,825983
Q49,7028,6601,125 10,5809,5821,059
2013       
Q110,9449,988952 10,4929,4561,032
Q211,45310,4181,032 10,4549,4291,057
Q39,9598,7951,166 10,4739,3671,119
Q49,5488,3151,236 10,5459,2751,167
2014       
Q111,08810,0441,044 10,8899,7731,131
Q213,13811,9501,188 11,62510,4691,218
Q310,3809,1201,259 10,9029,7111,204
Q410,2739,0391,234 11,43510,1541,168
2015       
Q112,26211,1721,090 11,87510,6821,192
Q213,81412,6081,206 12,34811,1911,227
Q312,04910,7461,303 12,65311,4491,243
Percentage change on corresponding period of previous year Percentage change on previous quarter
2009       
Q1-6.6-0.8-26.0 4.712.6-8.6
Q2-7.8-3.2-27.5 -3.8-3.7-7.3
Q3-14.2-9.0-29.2 -5.3-5.0-7.1
Q4-9.1-3.0-26.6 -3.5-4.1-7.5
2010       
Q1-0.52.9-34.2 11.715.5-16.0
Q2-2.5-1.2-27.1 -4.8-5.70.5
Q33.07.0-23.6 1.02.3-2.3
Q410.614.6-18.9 3.84.2-2.7
2011       
Q1-4.8-4.6-8.7 -2.4-2.8-3.7
Q24.75.8-13.4 -1.0-1.4-5.3
Q3-0.41.0-17.4 -0.41.0-7.1
Q4-3.1-2.0-17.3 1.52.4-2.9
2012       
Q11.02.3-17.4 -0.4-1.6-1.5
Q2-2.0-1.5-10.0 -2.0-2.00.3
Q3-2.9-2.9-3.3 -2.2-1.60.6
Q4-7.2-8.37.1 -1.8-2.57.7
2013       
Q1-6.3-6.84.7 -0.8-1.3-2.5
Q2-4.8-5.59.0 -0.4-0.32.4
Q3-2.5-4.614.1 0.2-0.75.8
Q4-1.6-4.09.9 0.7-1.04.3
2014
Q11.30.69.6 3.35.4-3.1
Q214.714.715.1 6.87.17.7
Q34.23.78.0 -6.2-7.2-1.2
Q47.68.7-0.2 4.94.6-3.0
2015   
Q110.611.24.4 3.85.22.0
Q25.15.51.5 4.04.83.0
Q316.117.83.5 2.52.31.2
        
Annex 3A Total Domestic Demand at Current Market Prices & Constant Prices (Chain linked annually and referenced to year 2013) -Non Seasonally Adjusted
           € million
              
 CURRENT MARKET PRICES CONSTANT MARKET PRICES
              
PeriodPersonal consumption of goods and servicesNet exp. by central and local government on current goods and servicesGross domestic fixed capital formationFinal Domestic DemandValue of physical changes in stocksTotal Domestic Demand Personal consumption of goods and servicesNet exp. by central and local government on current goods and servicesGross domestic fixed capital formationFinal Domestic DemandValue of physical changes in stocksTotal Domestic Demand
200984,95329,65235,899150,504-1,490149,014 86,60528,92135,835151,523-1,417150,012
201083,66626,45529,584139,705-569139,136 87,26226,87130,268144,441-556143,872
201184,61726,15529,921140,693780141,473 86,66726,32331,240144,275753145,073
201284,57925,95533,450143,984297144,281 86,01525,74833,924145,674286145,965
201385,72426,11031,677143,511772144,283 85,72426,11031,677143,511772144,283
201488,95927,23636,511152,7061,905154,611 87,44427,30136,214150,9591,599152,558
2009             
Q121,3817,7819,74938,911-56838,342 21,4967,4089,51938,654-55038,089
Q220,7767,2099,45337,4371437,451 21,1837,2819,25137,5207737,553
Q320,5607,2077,73435,501-43035,071 21,1616,9717,83736,041-46835,556
Q422,2367,4568,96338,655-50538,149 22,7657,2619,22739,309-47638,814
 84,95329,65235,899150,504-1,490149,014 86,60528,92135,835151,523-1,417150,012
2010             
Q120,4996,7017,36934,570-52734,042 21,4766,7517,38235,680-53235,142
Q220,4226,4908,09135,004-10634,897 21,3556,7988,24836,214-6436,147
Q320,6276,4346,15033,21135333,564 21,5626,5336,32734,42233534,757
Q422,1176,8297,97436,920-28836,632 22,8696,7898,31038,126-29437,827
 83,66626,45529,584139,705-569139,136 87,26226,87130,268144,441-556143,872
2011             
Q120,7776,5087,06534,349-31734,032 21,4866,7197,34135,385-35335,024
Q220,7136,5008,57135,78440336,187 21,2896,6388,86836,72434537,085
Q320,4936,5876,31933,39959933,998 21,0246,4706,59634,25560934,889
Q422,6346,5617,96737,1629537,257 22,8676,4958,43437,91215238,074
 84,61726,15529,921140,693780141,473 86,66726,32331,240144,275753145,073
2012             
Q120,3656,6108,16535,140-57534,565 20,8606,5578,39335,810-58735,208
Q220,4176,43811,18138,03655038,586 20,8496,38711,12138,30451838,835
Q320,8926,5196,86734,27829234,570 21,3086,4676,93334,73228135,019
Q422,9056,3897,23736,5303036,560 22,9986,3377,47836,8287436,903
 84,57925,95533,450143,984297144,281 86,01525,74833,924145,674286145,965
2013             
Q120,6426,3847,96334,98938535,374 20,8066,3847,94735,08045935,542
Q220,6126,5547,44834,61424134,855 20,6916,5547,46734,48027934,760
Q321,2246,6207,88335,72776536,492 21,2416,6207,85235,84573336,584
Q423,2476,5538,38338,182-62037,562 22,9856,5538,41138,107-69937,397
 85,72426,11031,677143,511772144,283 85,72426,11031,677143,511772144,283
2014             
Q121,3436,3928,79836,53348537,018 21,1306,4778,74036,34636036,706
Q221,4736,7458,65136,86911236,981 21,1626,8118,71136,68514136,826
Q321,8396,8888,98037,70757738,284 21,4776,8348,64636,95746737,424
Q424,3047,21210,08141,59873042,328 23,6757,17810,11840,97063141,602
 88,95927,23636,511152,7061,905154,611 87,44427,30136,214150,9591,599152,558
2015             
Q122,1756,8619,74338,77889939,677 21,9536,8539,54438,35089439,243
Q222,1626,91311,62340,698-59440,10321,7786,93511,68840,40211240,513
Q322,7796,73212,36841,87918242,06122,2566,74011,74440,73996441,703
Percentage change on corresponding period of previous year    Percentage change on corresponding period of previous year  
2009             
Q1-11.03.0-33.1-15.7 -16.2 -7.0-0.2-27.0-11.8 -12.2
Q2-11.0-5.5-17.7-11.8 -12.9 -4.9-2.0-12.2-7.0 -7.9
Q3-12.5-5.7-26.9-14.9 -15.9 -5.8-5.7-20.6-9.4 -10.6
Q4-10.3-6.4-9.3-9.4 -9.6 -3.4-6.2-4.4-3.9 -4.0
2010             
Q1-4.1-13.9-24.4-11.2 -11.2 -0.1-8.9-22.4-7.7 -7.7
Q2-1.7-10.0-14.4-6.5 -6.8 0.8-6.6-10.8-3.5 -3.7
Q30.3-10.7-20.5-6.4 -4.3 1.9-6.3-19.3-4.5 -2.2
Q4-0.5-8.4-11.0-4.5 -4.0 0.5-6.5-9.9-3.0 -2.5
2011             
Q11.4-2.9-4.1-0.6 -0.0 0.0-0.5-0.6-0.8 -0.3
Q21.40.15.92.2 3.7 -0.3-2.47.51.4 2.6
Q3-0.62.42.70.6 1.3 -2.5-1.04.2-0.5 0.4
Q42.3-3.9-0.10.7 1.7 -0.0-4.31.5-0.6 0.7
2012             
Q1-2.01.615.62.3 1.6 -2.9-2.414.31.2 0.5
Q2-1.4-1.030.46.3 6.6 -2.1-3.825.44.3 4.7
Q31.9-1.08.72.6 1.7 1.3-0.05.11.4 0.4
Q41.2-2.6-9.2-1.7 -1.9 0.6-2.4-11.3-2.9 -3.1
2013             
Q11.4-3.4-2.5-0.4 2.3 -0.3-2.7-5.3-2.0 0.9
Q21.01.8-33.4-9.0 -9.7 -0.82.6-32.9-10.0 -10.5
Q31.61.514.84.2 5.6 -0.32.413.33.2 4.5
Q41.52.615.84.5 2.7 -0.13.412.53.5 1.3
2014
Q13.40.110.54.4 4.6 1.61.510.03.6 3.3
Q24.22.916.26.5 6.1 2.33.916.76.4 5.9
Q32.94.013.95.5 4.9 1.13.210.13.1 2.3
Q44.610.120.38.9 12.7 3.09.520.37.5 11.2
2015             
Q13.97.310.76.1 7.2 3.95.89.25.5 6.9
Q23.22.534.310.4 8.4 2.91.834.210.1 10.0
Q34.3-2.337.711.1 9.9 3.6-1.435.810.2 11.4
*Chain linked series not additive    
Annex 3B Total Domestic Demand at Current Market Prices & Constant Prices (Chain linked annually and referenced to year 2013) -Seasonally Adjusted   
            € million
 CURRENT MARKET PRICES CONSTANT MARKET PRICES
              
PeriodPersonal comsumption of goods and servicesNet exp. by central and local government on current goods and servicesGross domestic fixed capital formationFinal Domestic DemandValue of physical changes in stockTotal Domestic Demand Personal Personal comsumption of goods and servicesNet exp. by central and local government on current goods and servicesGross domestic fixed capital formationFinal Domestic DemandValue of physical changes in stockTotal Domestic Demand
2009             
Q121,6047,8039,53839,134-40338,706 21,6567,4729,38638,820-37438,350
Q221,2707,3359,03437,589-28137,352 21,6607,3128,90637,690-31437,474
Q321,0177,2508,55536,807-43236,406 21,5777,0738,70537,381-40436,989
Q421,0107,2718,67036,853-39236,417 21,6517,0928,77737,530-34837,077
2010             
Q120,7466,7327,29234,908-36434,533 21,6656,8117,36835,964-35935,554
Q220,9816,5907,67035,164-30334,865 21,9036,7867,85336,368-32436,100
Q321,0666,4516,85834,44620834,729 21,9616,6207,07735,70622036,021
Q420,8066,6837,65435,071-11234,906 21,6616,6857,86836,295-10036,103
2011             
Q121,2186,5306,99034,818-9534,725 21,8586,7207,28935,790-12735,639
Q221,2086,6018,19435,98820636,163 21,7676,6608,53136,91110737,021
Q320,9066,5876,99334,53938635,005 21,4036,5147,33635,44540935,992
Q421,2126,4417,63635,26129435,508 21,5746,4497,98636,04037136,349
2012             
Q120,7936,6748,12135,644-50935,160 21,2186,5728,40536,280-48935,774
Q221,0146,49110,78138,41854638,876 21,4386,38810,70638,60645438,986
Q321,3006,5077,44835,2667335,416 21,6836,4767,58635,8074635,984
Q421,3906,2906,97034,67019734,852 21,6206,3087,12134,99228335,241
2013             
Q121,0976,4727,93235,53330735,867 21,1786,4307,98135,60045036,041
Q221,2856,5697,30035,10340335,415 21,3536,5307,26034,84934735,101
Q321,6236,6118,30536,52758337,173 21,6096,6308,38836,78249537,429
Q421,6556,4588,14336,275-51135,831 21,5506,4978,07836,227-50535,747
2014             
Q121,9456,4728,75537,20236837,554 21,6206,5338,72336,97032937,239
Q222,1076,7618,63337,46833137,725 21,7586,7928,63237,12524737,270
Q322,2396,8899,22338,34042938,815 21,8436,8799,03537,77722038,163
Q422,6067,1029,85039,53978440,374 22,2057,0679,77538,95881639,778
2015             
Q122,7376,9779,77839,54663340,108 22,3776,9659,63639,06474339,693
Q222,9166,89411,65041,444-22041,195 22,4646,87911,56140,92434141,202
Q323,1896,75012,52242,4555942,525 22,6216,81312,12841,56971642,453
Percentage change on previous quarter    Percentage change on previous quarter  
2009             
Q1-8.10.6-1.7-4.3 -4.3 -3.9-0.81.1-1.1 -1.0
Q2-1.5-6.0-5.3-3.9 -3.5 0.0-2.1-5.1-2.9 -2.3
Q3-1.2-1.2-5.3-2.1 -2.5 -0.4-3.3-2.3-0.8 -1.3
Q4-0.00.31.30.1 0.0 0.30.30.80.4 0.2
2010             
Q1-1.3-7.4-15.9-5.3 -5.2 0.1-4.0-16.0-4.2 -4.1
Q21.1-2.15.20.7 1.0 1.1-0.46.61.1 1.5
Q30.4-2.1-10.6-2.0 -0.4 0.3-2.5-9.9-1.8 -0.2
Q4-1.23.611.61.8 0.5 -1.41.011.21.7 0.2
2011             
Q12.0-2.3-8.7-0.7 -0.5 0.90.5-7.4-1.4 -1.3
Q2-0.11.117.23.4 4.1 -0.4-0.917.03.1 3.9
Q3-1.4-0.2-14.7-4.0 -3.2 -1.7-2.2-14.0-4.0 -2.8
Q41.5-2.29.22.1 1.4 0.8-1.08.91.7 1.0
2012             
Q1-2.03.66.41.1 -1.0 -1.61.95.20.7 -1.6
Q21.1-2.732.87.8 10.6 1.0-2.827.46.4 9.0
Q31.40.2-30.9-8.2 -8.9 1.11.4-29.1-7.3 -7.7
Q40.4-3.3-6.4-1.7 -1.6 -0.3-2.6-6.1-2.3 -2.1
2013             
Q1-1.42.913.82.5 2.9 -2.01.912.11.7 2.3
Q20.91.5-8.0-1.2 -1.3 0.81.6-9.0-2.1 -2.6
Q31.60.613.84.1 5.0 1.21.515.55.5 6.6
Q40.1-2.3-2.0-0.7 -3.6 -0.3-2.0-3.7-1.5 -4.5
2014
Q11.30.27.52.6 4.8 0.30.68.02.1 4.2
Q20.74.5-1.40.7 0.5 0.64.0-1.00.4 0.1
Q30.61.96.82.3 2.9 0.41.34.71.8 2.4
Q41.63.16.83.1 4.0 1.72.78.23.1 4.2
2015
Q10.6-1.7-0.70.0 -0.7 0.8-1.4-1.40.3 -0.2
Q20.8-1.219.14.8 2.7 0.4-1.220.04.8 3.8
Q31.2-2.17.52.4 3.2 0.7-1.04.91.6 3.0
              

Background Notes

 

Introduction

This release gives the official quarterly national accounts estimates for Ireland. It provides the first set of results for quarter 3 of 2015.

National accounts are compiled in the EU according to the European System of National and Regional Accounts (ESA) framework. This year, the new ESA 2010 framework replaced the previous ESA 95 version and all EU member states were required to adopt ESA 2010 by September 2014.  ESA 2010 is the European version of the current UN mandated international standards for national accounts statistics, the System of National Accounts (SNA) 2008.  The results for all years in this release are published on an ESA 2010 basis. For Ireland, the ESA 2010 change with the greatest impact on gross domestic product (GDP) is the new treatment of research and development (R&D) expenditure.  Under ESA95, R&D expenditure was treated as an ancillary cost to the main production of an enterprise, while under ESA 2010, R&D expenditure is recognised as capital investment.

In addition to the ESA 2010 changes, the results include additional estimates for illegal economic activities in line with the requirement from the European statistical agency, Eurostat, to include such estimates in the National Accounts from September 2014.

The aggregates shown have been derived from a wide variety of sources. As some of the available sources are of lesser reliability than those used for the annual national accounts, the quarterly estimates given in this release have a higher margin of error than the annual figures.

 

Revisions 

Minor revisions have been made to the previously published figures for 2015.

 

Nace classification 

In compliance with EU regulations the Nace Rev. 2 classification system is used in tables 1, 4 and Annex 2. (The national classification system that was used up to and including the Q4 2011 QNA results that were published in March 2012 was replaced with the Nace Rev. 2 classification system in the Q1 2012 results published in July 2012). 

The results for the economy are shown for five sectors. The contents of the sectors conform to the Nace Rev. 2 system.  The “Publishing” industry is classified in the sector “Distribution, transport, software and communication”. In addition, enterprises in the Hotels and catering sector are also classified to this sector. The “Software” industry is also part of the “Distribution transport, software and communications” category in the NACE rev 2 classification.

 

In tables 1 and 4 the following is the correspondence with the relevant sections of Nace Rev. 2:

  

Agriculture, forestry and fishing   Section A
Industry    Sections B to F
Distribution, transport, software & communications   Sections G to J
Public Administration and Defence  Section O
Other Services

Sections K to N

and P to U

             

For further information on the Nace Rev. 2 classification of industrial activity, visit the CSO website:

http://www.cso.ie/en/surveysandmethodology/classifications/classificationofindustrialactivity.

 

Current Price

For the annual accounts, GDP at current prices is calculated using two independent approaches i.e. the income and expenditure methods. On a quarterly basis, it is not possible to compile a reliable income based estimate. The estimates in current prices are on the expenditure basis only and these are supplied in Table 2. The balancing item (i.e. the statistical discrepancy) which is required to adjust the expenditure based estimate to the definitive measure of GDP (the average of income and expenditure) has been projected forward into 2015 in line with the trend in the aggregate of all the other expenditure items.

Volumes

At constant prices, two measures (output and expenditure) are used. These measures are now being produced using annual chain linked indices. On the output side, for each quarter, the volume growth measures at a detailed level are weighted together using value added weights of the previous year.

Similarly, on the expenditure side, the growth estimates are weighted by expenditure weights of the previous year. The average of the two measures is the growth measure used. The change over a period of years is then calculated by linking together the annual changes. The estimates in this release are referenced to 2013 values. A consequence of this method is that the individual components of GDP at reference year values do not add to the total.                                       

Definitions  

Gross Domestic Product (GDP) represents the total value added (output) in the production of goods and services in the country. 

Net factor income from the rest of the world (NFI) is the difference between investment income (interest, profits etc.) and labour income earned abroad by Irish resident persons and companies (inflows) and similar incomes earned in Ireland by non-residents (outflows). The data are taken from the Balance of Payments statistics that are based on the new BPM6 framework introduced in the Q1 2014 Balance of Payments release. (BPM6 is consistent with ESA 2010:for further details please refer to Q1 2014 Balance of Payments release) The components of interest flows involving banks in the Net factor income item in the national accounts are constructed on the basis of “pure” interest rates (that is exclusive of FISIM).Under BPM5 based Balance of Payments data released previously, this FISIM adjustment was not carried out. However, under the new BPM6 framework,FISIM is now being treated as part of financial services,rather than income,bringing it into line with the treatment of FISIM in national accounts statistics. The deflator used to generate the constant price figures is based on the implied quarterly price index for the exports of goods and services. In some years exceptional income payments have had to be deflated individually. 

Gross National Product (GNP) is the sum of GDP and NFI. Because NFI is the difference between two large gross flows, its magnitude can fluctuate greatly from one quarter to another. This can lead to significant differences between the GDP and GNP growth rate for the same quarter.

 

Methodology            

Table 1: Output Measure

The estimation procedures are similar to those used for the annual accounts whenever possible.  However, in a number of cases the annual methodology cannot be followed due to the lack of relevant data. 

Agriculture, Forestry and Fishing

The estimate for Agriculture is calculated by using the available sub-annual information for exports and slaughterings of animals, milk deliveries, stock changes (six-monthly), fertiliser and feeding stuffs usage etc. For some items, annual figures are distributed equally across the quarters. Monthly sea fish landings are used to estimate the quarterly output of fishing. 

Industry 

The gross value added of manufacturing industy is calculated by applying monthly volume of production indices to the previous year's quarterly gross value added, including royalties. Royalties are separately deflated using the export price index and then deducted. 

Changes in the volume of investment in construction projects are used to estimate the output of the building and construction sector.

Distribution, Transport, Software and Communications

For distribution the methods used are similar to those used for the annual calculation. They rely heavily on the retail sales indices and other CSO services inquiries. In the case of transport, most of the output measures used for the annual calculations are available on a quarterly basis. 

For communications the main data sources are direct inquiries to the suppliers, with additional data and trend estimation for some residual components. 

Public Administration and Defence

The quarterly estimate of value added for public administration and defence has been calculated based on the employment trends in the public sector. 

Other Services (Incl. Rent)

The Other Services category covers a variety of service activities, some of which are surveyed on a quarterly basis by the CSO. For some services, information on outputs is not directly available on a quarterly basis. In most of these cases, quarterly estimates are derived using trends in related indicators. In a small number of residual cases, annual estimates are distributed equally across the quarters. 

Taxes and Subsidies

Taxes and subsidies are deflated at a detailed level using appropriate price indices.  Value added taxes and excise duties have been accrued and recorded in the period in which the underlying expenditure took place. 

Net factor income from the rest of the world

The value of net income flows with the rest of the world in the Quarterly National Accounts release is generally consistent with the published Balance of Payments statistics except for the FISIM adjustment (see the definition of this item above). 

Tables 2 and 3: Expenditure Measures

 The various components of the expenditure based measure of GDP are defined in the annual National Income and Expenditure publication. The methods used for the quarterly series are similar to those used for the annual where possible but in many cases alternative methods have been applied. 

Personal Consumption Expenditure is estimated using CSO data, such as the Retail Sales Indices together with some direct inquiries. Administrative data sources are used for some goods such as fuel and power products and motor vehicles. Constant price estimates are obtained using components of the Consumer Price Index (CPI). 

Net Expenditure by Central and Local Government at current market prices is estimated using Government records. From Q2 of 2009 it is calculated net of the public sector pension levy introduced in March 2009. The constant price estimates of remuneration are derived by extrapolating base year estimates using an index of employment or using appropriate deflators for wages and are unaffected by the pension levy which is treated as a reduction in wage rates. Expenditure on goods and services is deflated partly by consumer price indices and partly by wholesale price indices. 

Gross Domestic Fixed Capital Formation at current market prices includes expenditure on building and construction work and machinery and equipment. The quarterly estimates of dwellings are based on data from the Department of Environment’s (DoE) Quarterly Housing Bulletin. Information on other building and construction is based on the CSO’s quarterly index of production in Building and Construction. Quarterly estimates of commercial vehicles used in the business sector are estimated using administrative data. Estimates of other machinery and equipment and R&D (included under ESA 2010 standards) are made by reference to import statistics and the CSO Quarterly Capital Assets in Industry Inquiry. Current estimates are deflated to prices of the previousyear using appropriate price indices such as components of the Wholesale Price Index (WPI) and indices for construction activity year using appropriate price indices such as components of the Wholesale Price Index (WPI) and indices for construction activity. 

Value of Physical Changes in Stocks at current pricescovers stock changes in the agricultural, industrial and distribution sectors and in intervention stocks. This item measures the actual value change in stocks between the beginning and end of quarter adjusted for any changes in the prices of the underlying commodities. Data on industrial and distribution stocks are taken from published and unpublished components of the CSO Quarterly Stocks Inquiry. Agricultural stocks are estimated from the results of CSO’s agricultural enumerations and statistics on animal slaughterings, etc. Constant price estimates are calculated by deflating the current estimates using relevant price indices and price data on agricultural and intervention stocks. Some adjustments have been made to the stocks values to improve the coherence of the quarterly accounts. These are judgmental adjustments to allow for within-year timing differences between the output and expenditure measures. Over a calendar year, these adjustments are neutral. 

Exports and Imports of Goods and Services at current prices are taken from the CSO Balance of Payments series. An adjustment is made for FISIM (see the definition of “net factor income from the rest of the world” page 12) Current price estimates are converted to previous year prices using the available price indices, including export and import unit value indices. 

A very significant fall in the pattern of distributive type trade with Great Britain in Electrical machinery and parts in 2002 has a very large influence on year-on-year comparisons of both exports and imports for 2003 and the latter part of 2002. While the comparisons of gross flows are considerably influenced, the net balance of trade is not significantly affected.

 

Seasonal Adjustment

Seasonal adjustment is conducted using the direct seasonal adjustment approach. Under this approach each individual time series is independently adjusted, i.e. aggregate series are adjusted without reference to the component series. This direct approach is applied  to GDP and GNP and the seasonally adjusted GDP and GNP are not derived as the sum of the seasonally adjusted components (such as Personal Consumption, Exports etc.) but rather by seasonally adjusting the unadjusted values of GDP and GNP as shown in Tables 1 - 3. On this account, and also because of the statistical discrepancy in the original series, the sum of the seasonally adjusted components of GDP and GNP do not add to the respective seasonally adjusted series. As part of the seasonal adjustment process, ARIMA models are identified for each series based on unadjusted data spanning Q1 1997 to Q1 2015. These models are then applied to the entire series (Q1 1997 to Q3 2015). Seasonal factors and the parameters of the ARIMA models are updated each quarter. 

The adjustments are completed by applying the X-12-ARIMA model, developed by the U.S. Census Bureau to the unadjusted data. This methodology estimates seasonal factors while also taking into consideration factors that impact on the quality of the seasonal adjustment such as, for example:

• Calendar effects, e.g. the timing of Easter

• Outliers, temporary changes and level shifts in the series

 

For additional information on the use of X-12-ARIMA see (Findley, D.F., B.C. Monsell, W.R. Bell, M.C. Otto, and B. Chen (1998), “New Capabilities and Methods of the X-12-Arima Seasonal Adjustment Program”, Journal of Business & Economic Statistics, 16, pp. 127-177.)

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