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Domestic Demand

Domestic Demand

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

Online ISSN: 2811-5724
CSO statistical publication, , 11am
Personal Consumption of Goods & ServicesNet Expenditure by Local & Central Government on Goods & ServicesGross Domestic Fixed Capital FormationFinal Domestic Demand

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