Users should note that these Institutional Sector Accounts incorporate revisions made to the Annual National Accounts (ANA) 2025 and Quarterly National Accounts (QNA) which were published on 02 July 2026. These revisions have increased the level of household saving from 2020. Further details of these changes and their effects on household saving are provided in the Background Notes of the Q1 2026 release.
Households added almost €1 to their wealth for every €5 of disposable income in April, May, and June (Q2) 2026.
The seasonally adjusted household saving rate of 19.8% in Q2 2026 was higher than the 19.3% rate in Q1 2026 and the 18.8% average since the start of 2023.
The government surplus was provisionally estimated to be €3bn in Q2 2026, an increase from the surplus of €1bn in Q1 2026.
There has been a government surplus in 15 of the 19 quarters since Q4 2021 whereas there was a deficit in 15 of the 19 previous quarters going back to Q1 2017.
For the economy as a whole, unadjusted Gross Domestic Product (GDP) was 1.5% higher than Q2 2025, largely due to higher value added in Industry and ICT (Information & Communications Technology). Unadjusted Gross National Income (GNI) increased by 7.1% from Q2 2025.
The current account balance was positive in Q2 2026, standing at €19.7bn, which was higher than the Q2 2025 figure of €14bn.
The increase in GNI and the higher current account balance was in part due to the lower amounts which flowed out of the domestic economy to corporations' owners abroad as profits and dividends.
Learn about our data and confidentiality safeguards, and the steps we take to produce statistics that can be trusted by all.
Statistician's Comment
The Central Statistics Office (CSO) has today (19 October 2026) published the Institutional Sector Accounts Non-Financial for Quarter 2 (Q2) 2026.
Commenting on the release, Mark Manto, Statistician in the National Accounts Analysis & Globalisation Division of the CSO, said:
"The seasonally adjusted saving rate of households, which is the proportion of income that is left over after current consumption, was 19.8% in April, May, and June (Q2) 2026. This was above both the 19.3% rate in Q1 2026, and the 18.8% average since the start of 2023. When adjusted for seasonal patterns, both consumer spending and disposable household incomes increased in Q2 2026 compared with Q1 2026, with rising incomes resulting in the increased saving rate.
The economic indicators for the wider economy were largely positive. Gross Domestic Product (GDP) increased by 1.5% and Gross National Income (GNI) was up 7.1% in current prices in Q2 2026 from Q2 2025. This greater increase in GNI was largely due to changes in the amount of value added which flowed out of the country to owners abroad as profits and dividends.
The government surplus was provisionally estimated to be €3bn in Q2 2026. There has been a government surplus in 15 of the 19 quarters since Q4 2021 whereas there was a deficit in 15 of the 19 previous quarters going back to Q1 2017."