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Government Finance Statistics Quarter 3 2025

Revenue and Expenditure

Online ISSN: 2009-6178

CSO statistical release, 21 January 2026, 11am

Revenue

Total government revenue this quarter was €13.6 billion lower than Q3 2024. This decrease is primarily due to the inclusion of a D.99 (capital transfer) receipt in Q3 2024 of €14.2 billion, relating to a Court of Justice of the European Union (CJEU) ruling.

Excluding this one-off receipt, total government revenue in Q3 2025 was €0.6 billion higher than the same quarter last year. This was primarily due to a rise in taxes, which are €0.3 billion (1.4%) higher than Q3 2024. Indirect taxes, which includes VAT, saw an increase of €0.4 billion when compared to Q3 2024. Direct taxes, which largely comprise of two items, income tax and corporation tax, were down by €0.1 billion (1%) on the same period in 2024. This decrease was due to a drop of €0.5 billion in corporation tax, which was partially offset by a €0.4 billion increase in income tax.

Elsewhere, social contributions, of which PRSI receipts are the main component, were €0.4 billion (7.2%) higher than Q3 2024.

	Direct taxes	Indirect taxes	Social contributions	Sales of goods and services	Investment income	Current transfers	Capital taxes	Capital transfers
Q1 2023	11.5	8.9	5.3	1.2	0.3	0.2	0.1	0.2
Q2 2023	15.4	6.8	5.3	1.2	0.4	0.3	0.1	0.2
Q3 2023	11.8	9.5	5.2	1.2	0.5	0.3	0.1	0.2
Q4 2023	20.9	8	5.7	1.2	0.7	0.4	0.4	0.4
Q1 2024	11.4	9.9	5.6	1.1	0.4	0.2	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	1.1	0.7	0.3	0.1	14.4
Q4 2024	22.5	8.2	6.1	1.2	0.4	0.3	0.6	0.2
Q1 2025	12.6	10.5	6.1	1.2	0.4	0.3	0.1	0.2
Q2 2025	19	7.7	6	1.2	0.4	0.3	0.2	0.2
Q3 2025	13.8	10.7	6	1.2	0.6	0.3	0.2	0.2

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	2023 Q1	2023 Q2	2023 Q3	2023 Q4	2024 Q1	2024 Q2	2024 Q3	2024 Q4	2025 Q1	2025 Q2	2025 Q3
Total Revenue					TR	27,608	29,666	28,841	37,655	28,898	33,530	46,616	39,567	31,253	34,914	32,997
	Taxes and social contributions					25,798	27,650	26,691	34,927	26,921	31,278	30,038	37,458	29,234	32,824	30,769
		Taxes			D2 + D5 + D91	20,493	22,337	21,487	29,275	21,285	25,650	24,470	31,324	23,155	26,833	24,801
			Indirect taxes (taxes on production and imports)		D2	8,897	6,831	9,533	8,008	9,862	7,181	10,374	8,232	10,517	7,664	10,738
				Taxes on products	D21	7,805	5,614	8,606	7,113	8,584	5,948	9,351	7,232	9,051	6,285	9,623
				of which Value-Added Tax	D211	5,929	3,455	6,576	4,417	6,480	3,624	7,098	4,720	6,863	3,766	7,380
				Other taxes on production	D29	1,093	1,217	927	894	1,277	1,234	1,023	999	1,466	1,379	1,115
			Direct taxes		D5	11,538	15,446	11,846	20,860	11,358	18,388	13,986	22,494	12,558	18,981	13,849
				Taxes on income, profits and capital gains	D51	11,273	15,207	11,616	20,652	11,092	18,133	13,744	22,278	12,286	18,737	13,611
				of which Income tax		7,714	7,824	7,447	10,193	8,425	8,291	7,925	10,683	8,864	8,607	8,298
				of which Corporation tax		3,239	7,310	3,898	9,391	2,435	9,737	5,632	10,306	3,042	10,040	5,179
				Other current direct taxes	D59	265	239	230	208	266	255	242	216	272	244	238
			Capital taxes		D91	57	60	109	408	65	81	110	598	80	188	214
		Social contributions			D61	5,305	5,312	5,204	5,652	5,637	5,628	5,568	6,134	6,079	5,991	5,968
			Actual social contributions		D611 + D613	4,267	4,289	4,176	4,641	4,614	4,639	4,568	5,125	5,034	4,964	4,938
				PRSI receipts	D611 + D613(pt)	3,803	3,812	3,706	4,155	4,112	4,110	4,049	4,607	4,494	4,408	4,385
				Government employees' pension contributions	D613(pt)	465	477	470	485	502	530	519	519	540	557	553
			Employers' imputed social contributions		D612	1,038	1,023	1,028	1,011	1,023	989	1,000	1,009	1,045	1,026	1,029
	Sales of goods and services				P1O	1,157	1,170	1,156	1,246	1,136	1,158	1,118	1,235	1,168	1,184	1,151
		Sales of market establishments (= market output)			P11	0	0	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	6	6
		Incidental sales and fees of non-market establishments			P131	1,151	1,164	1,150	1,240	1,130	1,153	1,112	1,229	1,163	1,178	1,145
	Investment income				D4	253	404	514	723	419	691	675	411	405	412	576
		Interest (excluding FISIM)			D41	230	258	332	366	378	331	384	360	322	268	450
		Dividends / Other investment income			D42 + D44	3	126	162	336	18	337	268	28	61	122	103
		Rent of land and subsoil assets			D45	21	21	21	21	23	23	23	23	22	22	22
	Current transfer revenue				D39 + D7	244	251	284	401	247	211	339	252	274	281	310
		Subsidies			D39	0	0	0	0	0	0	0	0	0	0	0
		Other current transfers			D7	244	251	284	401	247	211	339	252	274	281	310
			Non-life insurance claims		D72	7	7	7	7	7	7	7	7	7	7	7
			Other Domestic - Current		D7N_S1	220	199	217	217	222	209	205	227	266	271	263
			From Rest of World - Current		D7N_S2	17	45	61	177	17	-5	126	18	1	3	40
	Capital transfer revenue				D9N	155	192	196	358	175	191	14,447	211	171	214	192

Output					P1	13,835	14,300	14,285	15,526	14,790	15,541	15,341	16,274	15,576	16,081	16,016
	Market output (sales of market establishments)				P11	0	0	0	0	0	0	0	0	0	0	0
	Output for own final use				P12	6	6	6	6	6	6	6	6	6	6	6
	Non-market output				P13	13,829	14,294	14,280	15,520	14,784	15,535	15,335	16,268	15,570	16,075	16,010
		= Non-market compensation of employees			D1_nonmarket	7,682	7,806	7,848	8,052	8,264	8,572	8,559	8,582	8,948	9,030	9,114
			= Total compensation of employees		D1	7,688	7,811	7,854	8,057	8,270	8,577	8,564	8,587	8,954	9,035	9,120
			- Compensation of employees of market establishments		D1_market	0	0	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	-6	-6
		+ Non-market intermediate consumption			P2_nonmarket	4,335	4,676	4,620	5,657	4,580	5,023	4,837	5,746	4,681	5,105	4,956
			= Total intermediate consumption		P2	4,335	4,676	4,620	5,657	4,580	5,023	4,837	5,746	4,681	5,105	4,956
			- Intermediate consumption of market establishments		P2_market	0	0	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	0	0
		+ Non-market consumption of fixed capital			P51c_nonmarket	1,812	1,812	1,812	1,812	1,940	1,940	1,940	1,940	1,940	1,940	1,940
			= Total consumption of fixed capital		P51c	1,812	1,812	1,812	1,812	1,940	1,940	1,940	1,940	1,940	1,940	1,940
			- Consumption of fixed capital by market establishments		P51c_market	0	0	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	0	0
		+ Other taxes on production, payable			D29_pay	0	0	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	0	0

Open in Excel: Government Finance Statistics Quarter 3 2025 Table 2.1 (XLS 14KB)

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Expenditure

At €32.8 billion, total expenditure in Q3 2025 was €1.6 billion (5.2%) higher than Q3 2024 (€31.1 billion).

The increase was driven by a number of government spending categories including pay (compensation of employees) which increased by €0.6 billion (6.5%), while there was an additional €0.5 billion (4.3%) spent on social benefits.

Elsewhere, capital expenditure (gross investment in non-financial assets) also increased by just under €0.4 billion (10.8%). There was a further increase of under €0.2 billion in capital transfers and an increase of over €0.1 billion in spending on the use of goods and services (intermediate consumption). Interest repayments were down by €0.1 billion when compared to Q3 2024.

	Pay	Use of Goods and Services	Social benefits	Interest	Subsidies	Capital expenditure	Current transfers	Capital transfers
Q1 2023	7.7	4.3	8.7	0.9	0.6	2.4	2	0.6
Q2 2023	7.8	4.7	9.9	0.9	0.6	2.8	1	0.6
Q3 2023	7.9	4.6	10.4	0.8	0.6	3.2	1	0.6
Q4 2023	8.1	5.7	10.9	0.8	0.7	3.9	1.3	0.6
Q1 2024	8.3	4.6	9.7	0.8	0.6	3.2	1.9	0.6
Q2 2024	8.6	5	10.1	0.8	0.7	3.7	0.9	0.7
Q3 2024	8.6	4.8	10.9	0.8	0.7	3.6	1	0.7
Q4 2024	8.6	5.7	12	0.9	0.9	4.1	1.4	0.9
Q1 2025	9	4.7	9.7	0.7	0.7	3.6	1.3	0.7
Q2 2025	9	5.1	10.5	0.8	0.7	4	1	1.4
Q3 2025	9.1	5	11.4	0.7	0.8	4	1	0.8

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	2023 Q1	2023 Q2	2023 Q3	2023 Q4	2024 Q1	2024 Q2	2024 Q3	2024 Q4	2025 Q1	2025 Q2	2025 Q3
Total Expenditure					TE	27,218	28,343	29,178	31,882	29,612	30,531	31,143	34,515	30,344	32,460	32,775
	Expense					26,620	27,334	27,749	29,834	28,359	28,759	29,473	32,387	28,705	30,450	30,717
		Compensation of employees			D1	7,688	7,811	7,854	8,057	8,270	8,577	8,564	8,587	8,954	9,035	9,120
			Of which: Related to production of own-use capital assets			6	6	6	6	6	6	6	6	6	6	6
		Use of goods and services plus taxes payable			P2 + D5 + D29	4,335	4,676	4,620	5,657	4,580	5,023	4,837	5,746	4,681	5,105	4,956
			Use of goods and services [Intermediate consumption]		P2	4,335	4,676	4,620	5,657	4,580	5,023	4,837	5,746	4,681	5,105	4,956
			Taxes, payable		D5	0	0	0	0	0	0	0	0	0	0	0
		Depreciation (Consumption of fixed capital)			P51c	1,812	1,812	1,812	1,812	1,940	1,940	1,940	1,940	1,940	1,940	1,940
		Interest (excluding FISIM)			D41	868	881	850	845	835	820	842	865	698	794	705
			Other domestic interest payable		D41_S1	213	481	356	437	181	428	273	475	80	525	169
			Interest payable to rest of world		D41_S2	655	400	494	408	654	392	569	390	617	269	536
		Subsidies			D3	604	633	639	748	629	653	680	866	704	720	757
			Product subsidies		D31	400	460	468	494	449	475	501	535	480	497	533
			Other subsidies on production		D39	204	174	171	253	180	179	180	331	224	223	224
		Social benefits			D62 + D632	8,743	9,881	10,398	10,861	9,682	10,141	10,892	12,004	9,682	10,498	11,364
			Social benefits in cash		D62	7,007	7,631	7,156	7,860	7,877	7,751	7,586	8,876	7,987	8,231	8,081
			Social benefits in kind (via market producers)		D632	1,735	2,250	3,242	3,001	1,805	2,390	3,306	3,127	1,696	2,267	3,283
		Other current transfers			D7	1,994	1,042	995	1,295	1,861	949	1,039	1,430	1,333	979	1,043
			Net non-life insurance premiums		D71	21	21	21	21	21	21	21	21	21	21	21
			Current international cooperation		D74	99	89	70	160	73	84	76	197	102	57	118
			Miscellaneous current transfers		D75	867	163	152	366	927	147	223	505	416	111	138
			VAT and GNI based EU budget contribution		D76	1,007	769	752	748	839	698	719	707	793	790	767
				VAT-based EU own resources	D761	58	82	85	116	205	92	98	104	106	106	106
				GNI-based EU own resources	D762	898	638	617	592	584	561	572	529	632	629	605
				Miscellaneous EU own resources	D763	51	48	50	40	51	45	48	74	55	55	55
		Capital transfers			D9	577	597	581	559	562	654	679	948	712	1,377	832
			Investment grants		D92	535	531	530	555	505	651	674	943	655	795	829
			Other capital transfers		D99	42	66	51	4	57	3	5	5	57	582	3
	Net acquisition of non-financial assets				P5 + NP - P51c	598	1,009	1,430	2,049	1,253	1,772	1,670	2,127	1,639	2,011	2,058
		= Gross investment in non-financial assets			P5 + NP	2,410	2,821	3,242	3,861	3,193	3,712	3,610	4,068	3,580	3,951	3,998
			Gross fixed capital formation		P51	2,352	2,763	3,184	3,803	3,201	3,720	3,617	4,075	3,587	3,959	4,006
			Net acquisition of stocks		P52	58	58	58	58	-8	-8	-8	-8	-8	-8	-8
			Net acquisition of unproduced assets		NP	0	0	0	0	0	0	0	0	0	0	0
		- Consumption of fixed capital			P51c	-1,812	-1,812	-1,812	-1,812	-1,940	-1,940	-1,940	-1,940	-1,940	-1,940	-1,940
Net expenditure on current goods and services					P3 excl. D632	12,678	13,130	13,130	14,280	13,654	14,382	14,223	15,039	14,407	14,897	14,865
	= Output				P1	13,835	14,300	14,285	15,526	14,790	15,541	15,341	16,274	15,576	16,081	16,016
	- Sales of goods and services				P11+P12+P131	-1,157	-1,170	-1,156	-1,246	-1,136	-1,158	-1,118	-1,235	-1,168	-1,184	-1,151
			Market output (sales of market establishments)		P11	0	0	0	0	0	0	0	0	0	0	0
			Output for own final use		P12	-6	-6	-6	-6	-6	-6	-6	-6	-6	-6	-6
			Incidental sales and fees of non-market establishments		P131	-1,151	-1,164	-1,150	-1,240	-1,130	-1,153	-1,112	-1,229	-1,163	-1,178	-1,145
Final consumption expenditure					P3	14,413	15,380	16,372	17,281	15,459	16,773	17,529	18,166	16,103	17,164	18,148
	= Net expenditure on current goods and services				P3 excl. D632	12,678	13,130	13,130	14,280	13,654	14,382	14,223	15,039	14,407	14,897	14,865
	+ Social transfers in kind via market producers				D632	1,735	2,250	3,242	3,001	1,805	2,390	3,306	3,127	1,696	2,267	3,283
made up of
	Individual consumption (= social transfers in kind)				P31 (= D63)	9,197	10,212	11,718	11,947	9,808	11,073	12,381	12,532	10,032	11,153	12,678
		Social transfers in kind (via market producers)			D632	1,735	2,250	3,242	3,001	1,805	2,390	3,306	3,127	1,696	2,267	3,283
		Social transfers in kind (provided directly by government)			D631	7,462	7,962	8,476	8,946	8,003	8,683	9,075	9,404	8,336	8,886	9,395
	Collective consumption (= actual final consumption of government)				P32	5,217	5,168	4,654	5,334	5,651	5,700	5,148	5,634	6,071	6,012	5,470
Total social transfers					D62 + D63	16,204	17,843	18,874	19,807	17,685	18,824	19,967	21,408	18,019	19,384	20,759
	Social benefits in cash				D62	7,007	7,631	7,156	7,860	7,877	7,751	7,586	8,876	7,987	8,231	8,081
	Social transfers in kind (= individual consumption)				D63	9,197	10,212	11,718	11,947	9,808	11,073	12,381	12,532	10,032	11,153	12,678