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Domestic Demand

Domestic Demand

Domestic Demand increased by 14.2%, Modified Domestic Demand grew by 4.7%

Online ISSN: 2811-5724
CSO statistical release, , 11am

Final 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 Domestic Demand increased by 14.2% in real terms in 2025 compared with 2024. When the Value of physical changes in stocks and net acquisitions of valuables are taken into account, Total Domestic Demand increased by 12.3% in the year. 

Modified Final Domestic Demand comprises of:
(a) Personal consumption of goods and services
(b) Net expenditure by central and local government
(c) Modified Gross domestic fixed capital formation – Excludes investment in Aircraft related to Leasing, and R&D service imports and trade in IP

Modified Final Domestic Demand expanded by 4.7% in year 2025 over 2024 in real terms while Modified Total Domestic Demand (which also includes the value of physical changes in stocks and net acquisitions of valuables) increased by 2.8% over the same period. 

Personal Consumption of Goods & ServicesNet Expenditure by Local & Central Government on Goods & ServicesGross Domestic Fixed Capital FormationFinal Domestic Demand
2017125.166514999439.1201193231128.325887822506291.7810982224
2018132.423573725840.8933721431116.666249615278289.4013436749
2019136.33070847743.237683796232.957920580571410.9738046853
2020123.206232304748.2589980215194.749749247119364.843492116
2021134.389066119851.4578458315117.380759113901302.9608950367
2022148.980405826852.6247545999123.335968835299324.6038517993
2023155.43533027554.7941654857137.422351807408347.3302171367
2024159.230871335957.5163668868102.250662908561318.9979011313
2025163.34989223259.347672784141.529325239395364.2268902554

Figure 9.1 shows the contributions to final domestic demand at constant prices. Of this total, personal consumption of goods and services accounts for 44.8%, net expenditure by central and local government on current goods and services accounts for 16.3% while gross domestic fixed capital formation accounts for 38.9%.

Personal Consumption of Goods & ServicesNet Expenditure by Local & Central Government on Goods & ServicesModified Gross Domestic Fixed Capital FormationModified Final Domestic Demand
2017125.166514999439.120119323154.1475917767217.9855391674
2018132.423573725840.893372143157.789794224230.5579270931
2019136.33070847743.23768379656.2061025393235.5528891251
2020123.206232304748.258998021550.4858441688222.0857628753
2021134.389066119851.457845831554.2925044081240.2978373535
2022148.980405826852.624754599961.5274570614263.1274012025
2023155.43533027554.794165485765.9271571685276.129614141
2024159.230871335957.516366886864.3819147503281.129152973
2025163.34989223259.34767278471.6861203736294.3836853896

Figure 9.2 shows the contributions to modified final domestic demand at constant prices. For this deglobalised measure, personal consumption of goods and services accounts for 55.5%, net expenditure by central and local government on current goods and services accounts for 20.2% while modified gross domestic capital formation accounts for 24.4%.

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 2024)

Table 9.4 Annual Percentage Changes in the Main Constituents of Table 9.3

Table 9.5 Modified Domestic Demand at Current Market Prices

Table 9.6 Annual Percentage Changes in the Main Constituents of Table 9.5

Table 9.7 Modified Domestic Demand at Constant Market Prices (chain linked annually and referenced to year 2024)

Table 9.8 Annual Percentage Changes in the Main Constituents of Table 9.7