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By Industry

Capital Stock of Fixed Assets increased by 7.8% in 2022

Online ISSN: 2009-5732
CSO statistical release, , 11am
Net Capital Stock of Fixed Assets€ billion
End of year201720182019202020212022
Current Prices8709341,0661,1371,1551,244
Constant 2021 Prices9329851,1101,1741,1551,133

The net value of the stock of produced assets stood at €1.2 trillion at the end of 2022. This was a €90 billion (+7.8%) increase on the value at the end of 2021.

X-axis labelOtherPublic Administration & DefenceInformation & CommunicationAdministrative & Support Service ActivitiesManufacturingReal Estate Activities
2017146.1736549.1822664.0765186.69993261.69525261.76464
2018153.9671953.4062769.69395117.57163258.46914280.39553
2019167.0268457.9276104.70533147.86309299.37476289.1348
2020165.8815360.57323147.24249158.61874295.7273309.22186
2021178.8820368.08011143.18675157.60083275.25312331.66985
2022198.4214477.57982142.21705158.77725272.21515395.1545

Breaking this down by Industry sector (see Table 1.1), the largest change in value was seen in the Real Estate sector, which grew by €63 billion (+19.1%) to a total of €395 billion. The majority of the increase in this sector was due to a rise in the value of Dwellings, excluding land.

The next largest increase was seen in Public Administration & Defence, which grew by €9 billion (+14.0%). Of this, €6 billion was due to an increase in the value of Roads.

While most sectors saw an increase in the value of their net stock, the Manufacturing sector saw a decrease of €3 billion (-1.1%) and the Information & Communication sector saw a decrease of €1 billion (-0.7%). The decline in both sectors was driven mainly by a decrease in the value of Research & Development related assets.

Consumption of Fixed Capital

Consumption of Fixed Capital (often termed depreciation) increased in value by €10 billion in 2022, to a total of €122 billion by the end of the year (see Table 1.5).

Over 80% of the total depreciation was concentrated in four Industry sectors: Manufacturing (€53 billion), Information & Communication (€25 billion), Administrative & Support Service Activities (€12 billion) and Real Estate Activities (€8 billion).

The most notable rise in the value of depreciation was seen in the Manufacturing sector, which increased by €4.8 billion (+9.9%).

Table 1.1 Net Capital Stock held at end of year by type of industry at current market prices, 2012-2022

Table 1.2 Net Capital Stock held at end of year by type of industry at constant market prices (base 2021), 2012-2022

Table 1.3 Gross Capital Stock held at end of year by type of industry at current market prices, 2012-2022

Table 1.4 Gross Capital Stock held at end of year by type of industry at constant market prices (base 2021), 2012-2022

Table 1.5 Consumption of Fixed Capital by type of industry at current market prices, 2012-2022

Table 1.6 Consumption of Fixed Capital by type of industry at constant market prices (base 2021), 2012-2022

Table 1.7 Net Capital Stock held at end of year by type of industry & asset at current market prices, 2022

Table 1.8 Gross Capital Stock held at end of year by type of industry & asset at current market prices, 2022

Table 1.9 Consumption of Fixed Capital by type of industry & asset at current market prices, 2022

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