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Government Finance Statistics Quarter 1 2026

Revenue and Expenditure

Online ISSN: 2009-6178

CSO statistical release, 20 July 2026, 11am

Revenue

Total government revenue this quarter was €33.1 billion, €1.8 billion higher than Q1 2025. This rise is primarily due to an increased taxes take of €1.3 billion, the majority of which arises from an increase of €0.7 billion in income tax and €0.6 billion in VAT.

Indirect taxes, which includes VAT, saw an increase of €0.7 billion when compared to Q1 2025. Direct taxes, which largely comprise of two items, income tax and corporation tax, increased by €0.6 billion (4.5%) in total on the same period in 2025. This is largely down to an increase of €0.7 billion in income tax, offset by a slight decrease of €0.1 in corporation tax compared to the same period in 2025.

Elsewhere, social contributions, of which PRSI receipts are the main component, were €0.5 billion (7.8%) higher than Q1 2025.

	Direct taxes	Indirect taxes	Social contributions	Sales of goods and services	Investment income	Current transfers	Capital taxes	Capital transfers
Q1 2024	11.4	9.9	5.6	1.2	0.4	0.3	0.1	0.2
Q2 2024	18.4	7.2	5.6	1.2	0.7	0.2	0.1	0.2
Q3 2024	14	10.4	5.6	1.2	0.7	0.4	0.1	14.4
Q4 2024	22.5	8.3	6.1	1.2	0.4	0.3	0.6	0.2
Q1 2025	12.5	10.5	6.1	1.2	0.4	0.3	0.1	0.2
Q2 2025	19	7.6	6	1.2	0.4	0.3	0.2	0.3
Q3 2025	13.9	10.7	6	1.2	0.4	0.3	0.2	0.3
Q4 2025	27.6	9.3	6.6	1.3	0.5	0.2	0.6	0.3
Q1 2026	13.1	11.2	6.6	1.2	0.4	0.3	0.1	0.3

Table 2.1 General government: detailed classification of revenue and output

Table 2.1 General government: detailed classification of revenue and output														€million
Description					ESA2010 code	2024 Q1	2024 Q2	2024 Q3	2024 Q4	2025 Q1	2025 Q2	2025 Q3	2025 Q4	2026 Q1
Total Revenue					TR	29,019	33,603	46,711	39,624	31,346	34,968	32,944	46,359	33,144
	Taxes and social contributions					26,980	31,286	30,046	37,484	29,204	32,779	30,760	44,106	30,954
		Taxes			D2 + D5 + D91	21,343	25,658	24,478	31,349	23,125	26,788	24,800	37,527	24,403
			Indirect taxes (taxes on production and imports)		D2	9,921	7,190	10,383	8,258	10,506	7,636	10,710	9,312	11,237
				Taxes on products	D21	8,583	5,946	9,349	7,248	9,039	6,259	9,694	7,612	9,774
				of which Value-Added Tax	D211	6,480	3,624	7,098	4,739	6,843	3,750	7,435	5,042	7,440
				Other taxes on production	D29	1,338	1,244	1,033	1,010	1,467	1,377	1,015	1,700	1,463
			Direct taxes		D5	11,357	18,387	13,985	22,494	12,539	18,965	13,876	27,576	13,098
				Taxes on income, profits and capital gains	D51	11,092	18,133	13,744	22,278	12,265	18,718	13,635	27,352	12,825
				of which Income tax		8,425	8,291	7,925	10,683	8,847	8,601	8,323	11,123	9,539
				of which Corporation tax		2,435	9,737	5,632	10,306	3,041	10,027	5,179	14,695	2,945
				Other current direct taxes	D59	265	254	241	215	274	246	240	224	273
			Capital taxes		D91	65	81	110	598	80	188	214	639	68
		Social contributions			D61	5,637	5,628	5,568	6,134	6,079	5,991	5,961	6,580	6,551
			Actual social contributions		D611 + D613	4,614	4,639	4,568	5,125	5,034	4,964	4,932	5,546	5,478
				PRSI receipts	D611 + D613(pt)	4,112	4,110	4,049	4,607	4,494	4,408	4,378	4,983	4,883
				Government employees' pension contributions	D613(pt)	502	530	519	519	540	557	554	563	595
			Employers' imputed social contributions		D612	1,023	989	1,000	1,009	1,045	1,026	1,029	1,033	1,073
	Sales of goods and services				P1O	1,185	1,209	1,170	1,248	1,218	1,233	1,219	1,250	1,223
		Sales of market establishments (= market output)			P11	0	0	0	0	0	0	0	0	0
		Imputed sales related to production of own-use capital assets (= output for own final use)			P12	6	6	6	6	6	6	6	6	6
		Incidental sales and fees of non-market establishments			P131	1,180	1,203	1,165	1,242	1,212	1,227	1,213	1,245	1,217
	Investment income				D4	404	668	654	384	442	424	410	534	423
		Interest (excluding FISIM)			D41	363	309	364	334	359	280	284	309	387
		Dividends / Other investment income			D42 + D44	18	337	268	28	61	122	103	202	14
		Rent of land and subsoil assets			D45	23	23	23	23	22	22	22	22	22
	Current transfer revenue				D39 + D7	275	248	394	293	262	269	298	173	286
		Subsidies			D39	0	0	0	0	0	0	0	0	0
		Other current transfers			D7	275	248	394	293	262	269	298	173	286
			Non-life insurance claims		D72	6	6	6	6	7	7	7	7	7
			Other Domestic - Current		D7N_S1	251	245	260	267	251	256	248	162	241
			From Rest of World - Current		D7N_S2	19	-3	128	20	3	6	43	3	38
	Capital transfer revenue				D9N	175	191	14,447	215	220	264	257	295	257

Output					P1	14,889	15,631	15,445	16,351	15,996	16,513	16,468	17,370	16,699
	Market output (sales of market establishments)				P11	0	0	0	0	0	0	0	0	0
	Output for own final use				P12	6	6	6	6	6	6	6	6	6
	Non-market output				P13	14,883	15,625	15,439	16,346	15,991	16,508	16,463	17,365	16,693
		= Non-market compensation of employees			D1_nonmarket	8,264	8,572	8,559	8,582	8,949	9,030	9,131	9,229	9,554
			= Total compensation of employees		D1	8,270	8,577	8,564	8,587	8,955	9,036	9,136	9,235	9,560
			- Compensation of employees of market establishments		D1_market	0	0	0	0	0	0	0	0	0
			- Compensation related to production of own-use capital assets		D1_own-use	-6	-6	-6	-6	-6	-6	-6	-6	-6
		+ Non-market intermediate consumption			P2_nonmarket	4,656	5,090	4,917	5,801	4,955	5,391	5,245	6,049	5,053
			= Total intermediate consumption		P2	4,656	5,090	4,917	5,801	4,955	5,391	5,245	6,049	5,053
			- Intermediate consumption of market establishments		P2_market	0	0	0	0	0	0	0	0	0
			- Intermediate consumption related to production of own-use capital assets		P2_own-use	0	0	0	0	0	0	0	0	0
		+ Non-market consumption of fixed capital			P51c_nonmarket	1,963	1,963	1,963	1,963	2,087	2,087	2,087	2,087	2,087
			= Total consumption of fixed capital		P51c	1,963	1,963	1,963	1,963	2,087	2,087	2,087	2,087	2,087
			- Consumption of fixed capital by market establishments		P51c_market	0	0	0	0	0	0	0	0	0
			- Consumption of fixed capital related to production of own-use capital assets		P51c_own-use	0	0	0	0	0	0	0	0	0
		+ Other taxes on production, payable			D29_pay	0	0	0	0	0	0	0	0	0
		- Other subsidies on production, receivable			D39_rec	0	0	0	0	0	0	0	0	0

Open in Excel: Government Finance Statistics Quarter 1 2026 Table 2.1 (XLS 14KB)

Visit Table GFQ03 on PxStat

Expenditure

At €32.4 billion, total expenditure in Q1 2026 was €1.5 billion (5%) higher than Q1 2025 (€30.9 billion).

This increase was driven by a number of government spending categories, mainly social benefits at €0.8 billion (8.2%) and pay (compensation of employees), which increased by €0.6 billion (6.8%). There was also increases of €0.2 billion in both capital transfers and capital investment (gross fixed capital formation).

Spending on the use of goods and services (intermediate consumption) also saw an increase of €0.1 billion, while interest repayments rose by €48 million when compared to Q1 2025.

	Pay	Use of Goods and Services	Social benefits	Interest	Subsidies	Capital expenditure	Current transfers	Capital transfers
Q1 2024	8.3	4.7	9.7	0.8	0.7	3.1	1.9	0.6
Q2 2024	8.6	5.1	10.1	0.8	0.7	3.7	1	0.6
Q3 2024	8.6	4.9	10.8	0.8	0.8	3.6	1	0.6
Q4 2024	8.6	5.8	12	0.8	1	3.9	1.4	0.9
Q1 2025	9	5	9.9	0.7	0.7	3.8	1.3	0.5
Q2 2025	9	5.4	10.6	0.8	0.7	4.1	1	1.1
Q3 2025	9.1	5.2	11.5	0.7	0.8	4.4	1	0.6
Q4 2025	9.2	6	11.9	0.8	1.1	4.4	0.9	2.8
Q1 2026	9.6	5.1	10.7	0.7	0.7	4	0.9	0.7

Table 2.2 General government: detailed classification of expenditure and consumption

Table 2.2 General government: detailed classification of expenditure and consumption														€million
Description					ESA2010 code	2024 Q1	2024 Q2	2024 Q3	2024 Q4	2025 Q1	2025 Q2	2025 Q3	2025 Q4	2026 Q1
Total Expenditure					TE	29,634	30,509	31,120	34,424	30,862	32,738	33,375	37,159	32,393
	Expense					28,517	28,806	29,445	32,477	29,168	30,762	31,046	34,818	30,465
		Compensation of employees			D1	8,270	8,577	8,564	8,587	8,955	9,036	9,136	9,235	9,560
			Of which: Related to production of own-use capital assets			6	6	6	6	6	6	6	6	6
		Use of goods and services plus taxes payable			P2 + D5 + D29	4,656	5,090	4,917	5,801	4,955	5,391	5,245	6,049	5,053
			Use of goods and services [Intermediate consumption]		P2	4,656	5,090	4,917	5,801	4,955	5,391	5,245	6,049	5,053
			Taxes, payable		D5	0	0	0	0	0	0	0	0	0
		Depreciation (Consumption of fixed capital)			P51c	1,963	1,963	1,963	1,963	2,087	2,087	2,087	2,087	2,087
		Interest (excluding FISIM)			D41	816	798	820	845	697	794	705	774	746
			Other domestic interest payable		D41_S1	162	405	251	455	80	525	169	454	170
			Interest payable to rest of world		D41_S2	654	392	569	390	617	269	536	320	576
		Subsidies			D3	723	749	779	1,023	733	745	785	1,057	739
			Product subsidies		D31	475	503	532	567	439	453	491	515	441
			Other subsidies on production		D39	247	246	247	456	294	293	294	543	299
		Social benefits			D62 + D632	9,658	10,056	10,782	11,992	9,887	10,609	11,485	11,867	10,702
			Social benefits in cash		D62	7,684	7,558	7,393	8,683	7,796	8,041	7,891	8,315	8,422
			Social benefits in kind (via market producers)		D632	1,974	2,498	3,389	3,309	2,091	2,568	3,594	3,552	2,280
		Other current transfers			D7	1,870	950	973	1,352	1,328	958	1,028	930	882
			Net non-life insurance premiums		D71	25	25	25	25	21	21	21	21	21
			Current international cooperation		D74	92	94	76	197	102	57	118	147	108
			Miscellaneous current transfers		D75	913	133	153	423	383	115	123	144	117
			VAT and GNI based EU budget contribution		D76	839	698	719	707	822	765	767	617	636
				VAT-based EU own resources	D761	205	92	98	104	135	81	106	100	117
				GNI-based EU own resources	D762	584	561	572	529	632	629	605	486	466
				Miscellaneous EU own resources	D763	51	45	48	74	55	55	55	31	52
		Capital transfers			D9	562	623	646	914	525	1,142	575	2,820	697
			Investment grants		D92	505	619	642	908	468	561	572	2,819	617
			Other capital transfers		D99	57	3	5	5	57	582	3	1	80
	Net acquisition of non-financial assets				P5 + NP - P51c	1,117	1,703	1,676	1,947	1,694	1,975	2,329	2,341	1,928
		= Gross investment in non-financial assets			P5 + NP	3,081	3,666	3,639	3,910	3,781	4,062	4,415	4,427	4,015
			Gross fixed capital formation		P51	3,088	3,674	3,599	3,918	3,788	4,070	4,423	4,435	4,022
			Net acquisition of stocks		P52	-8	-8	-8	-8	-8	-8	-8	-8	-8
			Net acquisition of unproduced assets		NP	0	0	48	0	0	0	0	0	0
		- Consumption of fixed capital			P51c	-1,963	-1,963	-1,963	-1,963	-2,087	-2,087	-2,087	-2,087	-2,087
Net expenditure on current goods and services					P3 excl. D632	13,703	14,422	14,274	15,103	14,779	15,281	15,250	16,120	15,476
	= Output				P1	14,889	15,631	15,445	16,351	15,996	16,513	16,468	17,370	16,699
	- Sales of goods and services				P11+P12+P131	-1,185	-1,209	-1,170	-1,248	-1,218	-1,233	-1,219	-1,250	-1,223
			Market output (sales of market establishments)		P11	0	0	0	0	0	0	0	0	0
			Output for own final use		P12	-6	-6	-6	-6	-6	-6	-6	-6	-6
			Incidental sales and fees of non-market establishments		P131	-1,180	-1,203	-1,165	-1,242	-1,212	-1,227	-1,213	-1,245	-1,217
Final consumption expenditure					P3	15,677	16,920	17,663	18,412	16,869	17,849	18,844	19,672	17,756
	= Net expenditure on current goods and services				P3 excl. D632	13,703	14,422	14,274	15,103	14,779	15,281	15,250	16,120	15,476
	+ Social transfers in kind via market producers				D632	1,974	2,498	3,389	3,309	2,091	2,568	3,594	3,552	2,280
made up of
	Individual consumption (= social transfers in kind)				P31 (= D63)	10,090	11,257	12,532	12,840	10,824	11,808	13,349	13,736	11,472
		Social transfers in kind (via market producers)			D632	1,974	2,498	3,389	3,309	2,091	2,568	3,594	3,552	2,280
		Social transfers in kind (provided directly by government)			D631	8,116	8,759	9,144	9,532	8,733	9,240	9,755	10,184	9,192
	Collective consumption (= actual final consumption of government)				P32	5,587	5,663	5,130	5,572	6,046	6,041	5,495	5,936	6,284
Total social transfers					D62 + D63	17,773	18,815	19,926	21,524	18,620	19,850	21,240	22,051	19,894
	Social benefits in cash				D62	7,684	7,558	7,393	8,683	7,796	8,041	7,891	8,315	8,422
	Social transfers in kind (= individual consumption)				D63	10,090	11,257	12,532	12,840	10,824	11,808	13,349	13,736	11,472