Table 3.1 below compares the non-financial transactions of the total economy in Q2 2026 with those of Q2 2025.
GDP was €150.9bn in 2026 Q2, in current prices not seasonally adjusted. This is €2.3bn (2%) higher than Q2 2025. Gross operating surplus (GOS, B2A3G) was almost flat at €100.4bn (-1%) while compensation of employees (COE) grew by €2.6bn (6%).
After accounting for the international flows of investment income, including outflows of profits and dividends by foreign multi-nationals, GNI (B.5g) was €110bn, up €7.2bn (7%) on the €102.7bn seen in Q2 2025.
The consumption of goods and services by households and government (P.3) was €59.3bn, an increase of €3.1bn (5%) compared to the second quarter of 2025. This resulted in a €4.2bn increase (9%) in gross saving (B.8g) to €49.4bn.
Capital investment (P.5) was down €1.5bn (-5%) to €29.7bn. Such capital investment should increase the value added here in future quarters. The statistical discrepancy is included in P.5. Net investment in non-produced non-financial assets was €0.7bn. In aggregate this resulted in net lending (B.9) of €19.1bn, up €9.3bn (94%) from Q2 2025.
Table 3.2 below compares Ireland's transactions with the rest of the world in Q2 2026 to Q2 2025.
This is set out from the point of view of Ireland. That is, income received by Ireland from the rest of the world is shown as a positive. The PxStat tables show these transactions from the point of view of Rest of the World (S.2): for example, income Ireland pays to the rest of the world is a resource of the rest of the world.
As we saw above, GDP (B.1G) was up by €2.3bn compared to Q2 2025, largely driven by higher value added in the industrial and ICT sectors. In Table 3.2 we can see a €9.7bn increase in the exports of services. The imports of services (P.72), increased by €18.4bn, with an €8.5bn increase in the imports of royalties. Such royalty imports, along with the investment (P.5) seen in Table 3.1, are generally associated with long-term production activities. After accounting for the €26.3bn increase in exports and the €25.6bn increase in imports, the net exports of goods and services (exports minus imports, B.11) was relatively flat at €61.8bn which was up €0.7bn (1%) from the second quarter of 2025.
Net investment income (D.4) outflows decreased by €5.1bn (-11%) from €45.9bn to €40.9bn. Taking all current transfers together, the Current Account Balance (B.12) was €19.7bn in Q2 2026 up 41% from €14bn in Q2 2025.
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