You are here: Home / Statistics / Annual National Accounts 2021 / GDP by Expenditures / Domestic Demand

Annual National Accounts 2021

Domestic Demand

Domestic Demand fell by 18.2%, Modified Domestic Demand expanded by 5.8%

Online ISSN: 2811-5724

CSO statistical publication, 15 July 2022, 11am

	Personal Consumption of Goods & Services	Net Expenditure by Local & Central Government on Goods & Services	Gross Domestic Fixed Capital Formation	Final Domestic Demand
2013	92.142842326	28.7398640508	38.5329651568812	160.418622868
2014	94.5558399325	29.6452315443	45.6786399434986	170.6610419362
2015	97.6503946695	30.3208401431	68.7497403956994	196.7680404131
2016	102.161836163	31.657527652	103.31717300509	236.9221785506
2017	104.8124111971	32.8557944591	102.624537151995	240.0761143147
2018	109.1774710256	34.3206817236	94.2502591367251	237.4745415592
2019	112.0845037908	36.6441495607	189.384547137421	338.4812642691
2020	99.8751244006	40.9006034629	158.065767690959	298.8414955545
2021	104.478591046	43.5620596967	96.4649000689364	244.5055508116

Annual Domestic Demand data are bring presented for the first time in the Annual National Accounts for 2021. The euro million values and annual percentage changes contained in Tables 9.1, 9.2, 9.3 and 9.4 in this publication align with those presented in Quarterly National Accounts Q1 2022 (Final) Table 5.2.

Final Total Domestic Demand, comprises of:
(a) Personal consumption of goods and services
(b) Net expenditure by central and local government
(c) Gross domestic fixed capital formation

Final Total Domestic Demand declined by 18.2% in real terms in 2021 compared with 2020. When the Value of physical changes in stocks and net acquisitions of valuables are taken into account, Total Domestic Demand decreased by 17.6% in the year.

For the annual values of the de-globalised measure Modified Domestic Demand, those are presented in Quarterly National Accounts Q1 2022 (Final) Table 5.4. Modified Final Domestic Demand expanded by 5.8% in year 2021 over 2020 in real terms while Modified Total Domestic Demand increased by 6.2% over the same period.

Table 9.1 Domestic Demand at Current Market Prices

Table 9.2 Annual Percentage Changes in the Main Constituents of Table 9.1

Table 9.3 Domestic Demand at Constant Market Prices (chain linked annually and referenced to year 2020)

Table 9.4 Annual Percentage Changes in the Main Constituents of Table 9.2

Next chapter: Personal Spending

Why you can Trust the CSO

Learn about our data and confidentiality safeguards, and the steps we take to produce statistics that can be trusted by all.

go to trust & transparency

Table 9.1 Domestic Demand at Current Market Prices
							€ million
Description	ESA Code	2016	2017	2018	2019	2020	2021¹
79. Personal consumption of goods and services	P.3	96,316	100,256	106,259	111,048	99,875	108,457
of which:
79(a) Final consumption expenditure of households and NPISHs		91,211	94,700	100,005	104,368	92,694	100,812
79(b) Final consumption expenditure of government		5,105	5,556	6,254	6,681	7,181	7,645
80. Net expenditure by central and local government on current goods and services	P.3	29,389	31,139	32,988	36,182	40,901	44,598
81. Gross domestic fixed capital formation²	P.51	96,817	98,743	92,740	193,706	158,066	99,196
Final Domestic Demand		222,522	230,138	231,987	340,936	298,841	252,252
82. Value of physical changes in stocks and net acquisitions of valuables²	P.52 & P.53	4,750	4,200	519	2,320	4,672	6,107
Total Domestic Demand		227,272	234,338	232,506	343,256	303,513	258,358

¹Preliminary
²Net additions to the breeding stocks have been reclassified to be included with gross domestic fixed capital formation (GFCF). Valuables have been reclassified from GFCF to be included with value of physical changes in stocks. These changes have been made to align with European System of Accounts 2010 (ESA 2010) classifications.

Table 9.2 Annual Percentage Changes in the Main Constituents of Table 9.1
							%
Description	ESA Code	2016-2021	2016-2017	2017-2018	2018-2019	2019-2020	2020-2021
Personal consumption of goods and services	P.3	2.4	4.1	6.0	4.5	-10.1	8.6
Net expenditure by central and local government on current goods and services	P.3	8.7	6.0	5.9	9.7	13.0	9.0
Gross domestic physical capital formation	P.5	0.7	1.4	-9.4	110.2	-17.0	-35.3
of which
Gross domestic fixed capital formation	P.51	0.5	2.0	-6.1	108.9	-18.4	-37.2
Final Domestic Demand		2.5	3.4	0.8	47.0	-12.3	-15.6
Total Domestic Demand		2.6	3.1	-0.8	47.6	-11.6	-14.9

Table 9.3 Domestic Demand at Constant Market Prices (chain linked annually and referenced to year 2020)
							€ million
Description	ESA Code	2016	2017	2018	2019	2020	2021¹
92. Personal consumption of goods and services	P.3	102,162	104,812	109,177	112,085	99,875	104,479
of which:
92(a) Final consumption expenditure of households and NPISHs		96,636	98,886	102,574	105,164	92,694	97,043
92(b) Final consumption expenditure of government		5,487	5,891	6,573	6,893	7,181	7,436
93. Net expenditure by central and local government on current goods and services	P.3	31,658	32,856	34,321	36,644	40,901	43,562
94. Gross domestic fixed capital formation²	P.51	103,317	102,625	94,250	189,385	158,066	96,465
Final Domestic Demand		236,922	240,076	237,475	338,481	298,841	244,506
95. Value of physical changes in stocks and net acquisitions of valuables²	P.52 & P.53	3,840	3,378	482	2,225	4,672	5,647
Total Domestic Demand		241,581	244,122	237,773	340,600	303,513	250,152

¹Preliminary
²Net additions to the breeding stocks have been reclassified to be included with gross domestic fixed capital formation (GFCF). Valuables have been reclassified from GFCF to be included with value of physical changes in stocks. These changes have been made to align with European System of Accounts 2010 (ESA 2010) classifications.
Chain linked series not additive except for 2020 and 2021.

Table 9.4 Annual Percentage Changes in the Main Constituents of Table 9.2
							%
Description	ESA Code	2016-2021	2016-2017	2017-2018	2018-2019	2019-2020	2020-2021
Personal consumption of goods and services	P.3	0.4	2.6	4.2	2.7	-10.9	4.6
Net expenditure by central and local government on current goods and services	P.3	6.6	3.8	4.5	6.8	11.6	6.5
Gross domestic physical capital formation	P.5	-1.0	-1.1	-10.6	102.3	-15.1	-37.3
of which
Gross domestic fixed capital formation	P.51	-1.4	-0.7	-8.2	100.9	-16.5	-39.0
Final Domestic Demand		0.6	1.3	-1.1	42.5	-11.7	-18.2
Total Domestic Demand		0.7	1.1	-2.6	43.2	-10.9	-17.6

Annual National Accounts 2021

Domestic Demand

Domestic Demand

Domestic Demand fell by 18.2%, Modified Domestic Demand expanded by 5.8%

Contents

Why you can Trust the CSO

Contact:

Links:

Careers

Follow: