You are here: Home / Statistics / Estimates of the Capital Stock of Fixed Assets 2022 / By Asset

Estimates of the Capital Stock of Fixed Assets 2022

By Asset

Capital Stock of Fixed Assets increased by 7.8% in 2022

Online ISSN: 2009-5732

CSO statistical release, 10 November 2023, 11am

X-axis label	Other	Other Machinery & Equipment	Transport Equipment	Other Buildings & Structures	Dwellings, excluding land	Research & Development
2017	7.51626000000001	34.88374	102.08314	164.42321	246.89266	313.79323
2018	7.80541000000009	35.38821	133.70095	183.83518	262.46063	310.31334
2019	8.26984999999998	36.00546	163.81227	204.65743	266.76777	386.51964
2020	8.99553999999992	35.4218	173.76236	217.4016	284.55699	417.12688
2021	9.91532999999973	37.77835	173.21107	247.30779	303.27608	383.18409
2022	11.2555999999998	48.71435	175.77038	284.0752	362.17653	362.37317

Figure 2 shows a breakdown of the net capital stock of fixed assets by asset category.

Research & Development related assets declined for the second year in a row, from a peak of €417 billion in 2020 to €362 billion by the end of 2022 (see Table 2.1). The decline in these assets contributed to a fall in both the Manufacturing and Information & Communication sectors. Research & Development (R&D) assets make up the vast majority of Intangibles, which fell by €20 billion (-5.1%) in 2022 to a total of €370 billion.

All other asset categories saw growth in their value of net capital stock. Dwellings, excluding land, saw an increase of €59 billion (+19.4%) to a total of €362 billion by the end of the year, contributing to growth in the Real Estate sector. Other Buildings & Structures grew in value by €37 billion (+14.9%) to stand at a total of €284 billion.

Transport Equipment had a modest increase of €3 billion (+1.5%) to a total of €176 billion by the end of the year.

Other Machinery & Equipment saw an increase of €11 billion (+28.9%) to a total of €49 billion. Approximately half of these assets are held in the Manufacturing sector (see Table 1.7).

Consumption of Fixed Capital

Of a total of €122 billion in consumption of fixed capital in 2022, the majority was seen in Research & Development (see Table 2.5). Depreciation of R&D stood at €78 billion in 2022, an increase of €5 billion (+6.8%).

Consumption of fixed capital of Dwellings, excluding land, stood at €7 billion (+20.2%) while Other Buildings & Structures had depreciation of €12 billion (+15.7%).

Transport Equipment showed depreciation of €15 billion (+2.2%) while Other Machinery & Equipment had depreciation of €6 billion (+20.9%).

Table 2.1 Net Capital Stock held at end of year by asset type at current market prices

Table 2.2 Net Capital Stock held at end of year by asset type at constant market prices (base 2021)

Table 2.3 Gross Capital Stock held at end of year by asset type at current market prices

Table 2.4 Gross Capital Stock held at end of year by asset type at constant market prices (base 2021)

Table 2.5 Consumption of Fixed Capital by asset type at current market prices

Table 2.6 Consumption of Fixed Capital by asset type at constant market prices (base 2021)

Go to Data

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 2.1: Net Capital Stock held at end of year by asset type at current market prices, 2012-2022											€ million
Asset Category	2012	2013	2014	2015	2016	2017	2018	2019	2020	2021	2022
Dwellings, excluding land	202,891	207,896	218,698	228,364	237,460	246,893	262,461	266,768	284,557	303,276	362,177
Other buildings and structures	109,382	115,575	124,620	135,839	149,387	164,423	183,835	204,657	217,402	247,308	284,075
of which:
Roads	26,248	26,789	28,057	29,584	31,444	33,159	35,532	37,854	39,075	43,513	49,058
Transport equipment	58,396	62,217	80,090	86,110	92,727	102,083	133,701	163,812	173,762	173,211	175,770
Other machinery and equipment	27,014	28,428	32,020	35,120	34,314	34,884	35,388	36,005	35,422	37,778	48,714
of which:
Office machinery and hardware	5,331	5,762	5,896	6,326	6,774	6,753	7,589	7,642	7,060	6,892	8,007
Cultivated assets	2,632	2,271	2,298	2,794	2,466	2,582	2,453	2,431	2,566	2,927	3,292
Intangible fixed assets	33,533	34,879	37,062	289,907	309,164	318,727	315,665	392,359	423,556	390,172	370,337
of which:
Computer software	2,302	2,476	2,725	3,744	4,041	4,226	4,710	5,203	5,855	6,435	7,396
Research and development	30,231	31,496	33,449	285,320	304,383	313,793	310,313	386,520	417,127	383,184	362,373

Total	433,848	451,266	494,789	778,135	825,519	869,592	933,504	1,066,032	1,137,265	1,154,673	1,244,365
Source: CSO, Estimates of the Capital Stock of Fixed Assets

Table 2.2: Net Capital Stock held at end of year by asset type at constant market prices (base 2021), 2012-2022											€ million
Asset Category	2012	2013	2014	2015	2016	2017	2018	2019	2020	2021	2022
Dwellings, excluding land	291,676	290,494	289,740	289,295	289,774	291,612	294,774	297,877	300,470	303,276	307,774
Other buildings and structures	183,445	188,382	194,006	200,444	207,453	215,394	223,984	233,734	241,126	247,308	252,076
of which:
Roads	44,020	43,665	43,678	43,654	43,666	43,438	43,292	43,232	43,339	43,513	43,532
Transport equipment	65,090	68,555	88,288	93,333	99,521	108,156	140,354	170,106	178,245	173,211	167,413
Other machinery and equipment	25,216	26,807	28,949	30,916	32,120	32,472	34,327	35,595	36,148	37,778	43,368
of which:
Office machinery and hardware	4,443	4,760	4,928	5,156	5,520	5,394	6,169	6,689	6,471	6,892	8,734
Cultivated assets	2,683	2,657	2,658	2,784	2,832	2,902	2,875	2,901	2,906	2,927	2,895
Intangible fixed assets	45,407	46,440	50,034	240,353	264,367	281,173	288,981	369,574	415,572	390,172	359,327
of which:
Computer software	3,113	3,320	3,612	4,646	5,016	5,200	5,458	5,682	6,188	6,435	6,709
Research and development	40,888	41,890	45,284	234,668	258,467	275,119	282,797	363,194	408,774	383,184	352,072

Total	613,517	623,335	653,675	857,126	896,066	931,709	985,296	1,109,786	1,174,466	1,154,673	1,132,852
Source: CSO, Estimates of the Capital Stock of Fixed Assets

Table 2.3: Gross Capital Stock held at end of year by asset type at current market prices, 2012-2022											€ million
Asset Category	2012	2013	2014	2015	2016	2017	2018	2019	2020	2021	2022
Dwellings, excluding land	254,848	263,456	279,546	294,127	307,956	321,815	343,559	350,562	375,183	401,401	480,376
Other buildings and structures	177,476	188,602	204,349	223,352	246,165	271,029	303,118	337,020	358,943	410,504	475,088
of which:
Roads	38,391	39,909	42,447	45,460	49,055	52,612	57,288	61,958	64,816	73,087	83,540
Transport equipment	98,149	105,186	126,430	137,130	148,713	164,081	202,990	242,641	263,314	274,761	291,814
Other machinery and equipment	58,774	61,054	67,278	72,536	70,944	72,951	72,400	73,550	73,097	77,485	95,441
of which:
Office machinery and hardware	11,061	12,180	13,146	14,084	15,118	15,929	16,928	17,161	16,800	16,439	17,686
Cultivated assets	2,640	2,279	2,307	2,802	2,475	2,592	2,464	2,443	2,580	2,944	3,309
Intangible fixed assets	73,410	77,598	81,485	363,683	419,355	470,854	509,993	630,449	715,496	739,057	792,703
of which:
Computer software	5,922	6,360	6,936	8,748	9,750	10,708	12,281	13,789	15,206	16,838	19,450
Research and development	64,780	68,603	71,918	352,397	407,283	458,013	495,713	614,756	698,533	720,522	771,588

Total	665,296	698,177	761,395	1,093,630	1,195,608	1,303,322	1,434,525	1,636,665	1,788,613	1,906,152	2,138,732
Source: CSO, Estimates of the Capital Stock of Fixed Assets

Table 2.4: Gross Capital Stock held at end of year by asset type at constant market prices (base 2021), 2012-2022											€ million
Asset Category	2012	2013	2014	2015	2016	2017	2018	2019	2020	2021	2022
Dwellings, excluding land	366,542	368,541	370,923	373,011	376,156	380,318	385,987	391,474	396,190	401,401	408,186
Other buildings and structures	297,911	307,781	318,507	329,849	342,095	355,169	369,376	384,952	398,156	410,504	421,489
of which:
Roads	64,386	65,049	66,080	67,081	68,122	68,922	69,799	70,761	71,889	73,087	74,130
Transport equipment	108,826	115,432	138,837	148,283	159,373	173,641	212,912	251,723	269,954	274,761	278,048
Other machinery and equipment	54,308	56,876	60,071	63,160	65,544	67,002	70,004	72,598	74,478	77,485	84,932
of which:
Office machinery and hardware	9,206	10,048	10,805	11,475	12,321	12,693	13,968	15,119	15,510	16,439	18,985
Cultivated assets	2,694	2,668	2,670	2,796	2,844	2,916	2,889	2,916	2,921	2,944	2,912
Intangible fixed assets	96,990	101,798	109,058	321,723	374,506	426,002	472,670	597,757	702,593	739,057	770,767
of which:
Computer software	8,010	8,529	9,195	10,856	12,101	13,176	14,232	15,059	16,071	16,838	17,642
Research and development	85,204	89,665	96,437	307,674	359,562	410,216	456,144	580,600	684,644	720,522	751,532

Total	927,270	953,096	1,000,067	1,238,823	1,320,519	1,405,047	1,513,838	1,701,420	1,844,292	1,906,152	1,966,334
Source: CSO, Estimates of the Capital Stock of Fixed Assets

Table 2.5: Consumption of Fixed Capital by asset type at current market prices, 2012-2022											€ million
Asset Category	2012	2013	2014	2015	2016	2017	2018	2019	2020	2021	2022
Dwellings, excluding land	3,512	3,669	4,027	4,224	4,492	4,614	4,999	5,131	5,246	5,711	6,866
Other buildings and structures	4,658	4,951	5,472	5,944	6,583	7,152	8,072	8,958	9,328	10,657	12,331
of which:
Roads	886	912	951	1,003	1,066	1,127	1,207	1,284	1,323	1,472	1,663
Transport equipment	5,641	5,916	6,614	7,547	8,215	9,070	10,594	12,770	14,095	14,462	14,782
Other machinery and equipment	3,650	3,766	4,149	4,511	4,549	4,715	4,647	4,819	4,781	4,923	5,952
of which:
Office machinery and hardware	1,350	1,462	1,541	1,617	1,724	1,822	1,908	2,015	1,965	1,846	2,037
Cultivated assets	1	1	1	1	1	1	1	1	1	2	2
Intangible fixed assets	7,976	8,567	8,904	35,162	41,790	48,792	53,141	58,580	72,803	76,514	81,955
of which:
Computer software	1,107	1,202	1,310	1,667	1,949	2,079	2,303	2,554	2,813	3,161	3,629
Research and development	6,380	6,884	7,135	33,057	39,442	46,353	50,489	55,699	69,681	73,060	78,037

Total	25,438	26,868	29,167	57,390	65,630	74,344	81,453	90,259	106,253	112,269	121,887
Source: CSO, Estimates of the Capital Stock of Fixed Assets

How is the CSO doing?

Estimates of the Capital Stock of Fixed Assets 2022

By Asset

Capital Stock of Fixed Assets increased by 7.8% in 2022

Consumption of Fixed Capital

Contents

Related

Why you can Trust the CSO

Contact:

Links:

Careers

Follow:

Table 2.6: Consumption of Fixed Capital by asset type at constant market prices (base 2021), 2012-2022											€ million
Asset Category	2012	2013	2014	2015	2016	2017	2018	2019	2020	2021	2022
Dwellings, excluding land	5,222	5,538	5,903	5,757	5,837	5,662	5,744	5,760	5,566	5,711	5,803
Other buildings and structures	8,079	8,437	8,899	9,043	9,390	9,491	9,892	10,281	10,389	10,657	10,859
of which:
Roads	1,486	1,486	1,480	1,480	1,480	1,476	1,470	1,467	1,467	1,472	1,475
Transport equipment	6,213	6,457	7,221	8,130	8,774	9,572	11,086	13,213	14,428	14,462	14,103
Other machinery and equipment	3,215	3,338	3,566	3,802	4,015	4,136	4,346	4,634	4,756	4,923	5,529
of which:
Office machinery and hardware	1,101	1,184	1,247	1,301	1,381	1,427	1,545	1,747	1,799	1,846	2,206
Cultivated assets	1	1	1	1	1	1	1	1	1	2	2
Intangible fixed assets	10,580	11,480	12,027	31,273	38,237	44,725	49,612	56,197	71,766	76,514	79,565
of which:
Computer software	1,497	1,612	1,737	2,069	2,419	2,558	2,669	2,790	2,973	3,161	3,292
Research and development	8,404	9,207	9,697	28,659	35,336	41,730	46,545	53,049	68,463	73,060	75,996

Total	33,310	35,251	37,618	58,006	66,255	73,586	80,681	90,086	106,907	112,269	115,860
Source: CSO, Estimates of the Capital Stock of Fixed Assets