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Quarterly National Accounts Quarter 1 2021 Provisional

GDP - Expenditure

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Personal Consumption Expenditure declined by 5.1% in Q1

Table 3.1 Expenditure Components of GDP¹, Q1 2021²
	Amount €m	Quarterly % change
Personal Consumption of Goods and Services	23,761	-5.1
Net Expenditure by Central and Local Government on Current Goods and Services	9,807	1.1
Gross Domestic Fixed Capital Formation	19,030	-19.5
Net Exports	46,261
Exports of Goods and Services	132,406	5.8
Less Imports of Goods and Services	-86,145	-8.9
Gross Domestic Product	97,389	7.8
¹Series not additive, Value of Physical Changes in Stocks not shown on table (see Table 3.5 for full detail).
²Constant Market Prices, chain linked annually and referenced to year 2018 and seasonally adjusted.

Open in Excel: Quarterly National Accounts Q1 2021 Table 3.1 (XLS 11KB)

On the expenditure side of the accounts (Table 3.5), Capital Investment, showed a decrease of €5.8 billion in Q1 compared with the previous quarter and accounted for 36.9% of total domestic demand in Q1 2021.

Personal Consumption Expenditure declined by 5.1% in Q1 compared to Q4, while Government expenditure increased by 1.1% over the same period. Combining this with the growth in net exports, there was an overall increase in real GDP of 7.8% in Q1 compared to Q4.

	Personal Consumption Expenditure	Government Expenditure	Gross Fixed Capital Formation	Value of Physical Changes in Stocks	Net Exports	GDP
Q1 2018	26.190268893	7.8458336864	16.256526707	1.8106755346	27.552886787	79.594004062
Q2 2018	26.433919524	8.0637001173	16.668100919	-0.3606491067	30.165818686	82.139727397
Q3 2018	26.462161805	8.187982425	19.22498415	0.2541795001	26.751330798	82.139281147
Q4 2018	26.457190475	8.1346709352	40.405437733	-0.2992507696	10.717332784	83.997924825
Q1 2019	27.256149433	8.5050337547	18.703413834	0.9649684292	27.689184717	82.94236962
Q2 2019	27.349094249	8.5389191082	59.991374	-1.103613284	-8.49176234	87.116809717
Q3 2019	27.140898053	8.6012492075	21.145821358	1.2268936141	27.225631863	86.755665161
Q4 2019	27.135974546	8.6270702397	62.020656227	0.653182777	-6.29055285000001	90.441029472
Q1 2020	26.829450678	8.6682896788	50.061274531	1.0407804074	-2.60386461999999	86.367405027
Q2 2020	21.475545551	9.5940066417	17.377980507	1.6320412593	36.640256872	84.777676656
Q3 2020	25.640209023	9.6857700174	18.457482344	0.7121703485	43.026643882	94.52884539
Q4 2020	25.028438259	9.6987293283	23.635861566	1.8040793611	30.596194704	90.331168079
Q1 2021	23.760532904	9.8067135821	19.030127562	0.6281076633	46.260776788	97.389235716

	Building & Construction	Machinery & Equipment	Intangibles	Machinery & Equipment + Intangibles	Gross Domestic Fixed Capital Formation
Q1 2018	5.8222507841	5.6930577339	4.7412181888	0	16.256526707
Q2 2018	6.1424630786	5.0422539276	5.4833839128	0	16.668100919
Q3 2018	6.1937497749	7.1672606083	5.8639737664	0	19.22498415
Q4 2018	6.1208830045	7.7565385632	26.528016165	0	40.405437733
Q1 2019	6.326523255	6.4783463127	5.8985442663	0	18.703413834
Q2 2019	6.4125141165	5.8755095502	47.703350333	0	59.991374
Q3 2019	6.8280646728	6.678270569	7.6394861159	0	21.145821358
Q4 2019	6.6346334084	6.257586725	49.128436094	0	62.020656227
Q1 2020	6.7522867935	0	0	43.3089877375	50.061274531
Q2 2020	4.3529235535	3.3048183058	9.7202386473	0	17.377980507
Q3 2020	5.8963288241	5.4410004717	7.1201530479	0	18.457482344
Q4 2020	6.7385858964	0	0	16.8972756696	23.635861566
Q1 2021	5.5382769936	6.0359764538	7.455874115	0	19.030127562

Comparisons with Q1 2020

On the expenditure side of the accounts (Table 3.3) Capital Investment contracted by €31.3 billion driven by Intellectual Property Products (IPP). Personal Consumption Expenditure exhibited a year-on-year decline of 11.9% reflecting ongoing COVID-19 related restrictions to economic activity while Government expenditure increased by 13.4% over the same period.

Table 3.2 Expenditure on Gross National Product at Current Market Prices

Table 3.2 Expenditure on Gross National Product at Current Market Prices										€million
Period	Personal Consumption of Goods and Services	Net Exp. by Central and Local Government on Current Goods and Services	Gross Domestic Fixed Capital Formation	Value of Physical Changes in Stocks	Exports of Goods and Services	Imports of Goods and Services	Statistical Discrepancy	GDP at Current Market Prices	Net Factor Income from Rest of World	GNP at Current Market Prices
2015	92,016	27,265	63,175	4,467	320,565	-244,886	251	262,853	-62,043	200,810
2016	97,001	28,562	97,015	4,818	328,235	-285,882	1,061	270,809	-51,082	219,728
2017	100,501	30,225	99,517	4,249	359,655	-294,028	268	300,387	-62,251	238,135
2018	105,626	32,227	92,749	1,352	399,897	-307,110	2,245	326,986	-70,664	256,322
2019	111,631	34,829	162,362	1,486	448,866	-405,076	1,953	356,051	-81,721	274,330
2020	102,502	39,520	109,584	5,019	467,808	-357,981	54	366,506	-90,023	276,483

2015
Q1	22,058	6,688	11,976	593	74,441	-53,445	959	63,270	-16,320	46,949
Q2	22,128	6,765	13,694	904	78,174	-59,304	596	62,956	-11,711	51,245
Q3	23,008	6,812	14,178	2,322	81,927	-59,603	-728	67,917	-18,127	49,790
Q4	24,822	7,001	23,327	647	86,023	-72,534	-577	68,710	-15,884	52,826
2016
Q1	23,803	6,972	19,200	736	78,730	-66,004	1,122	64,560	-11,281	53,279
Q2	23,275	7,043	24,306	408	80,086	-72,531	831	63,419	-11,619	51,800
Q3	23,981	7,237	22,802	479	82,459	-68,438	223	68,743	-14,727	54,016
Q4	25,941	7,309	30,707	3,196	86,960	-78,909	-1,115	74,088	-13,456	60,633
2017
Q1	24,378	7,244	15,442	-685	84,294	-62,545	1,898	70,027	-15,412	54,615
Q2	24,005	7,434	53,251	1,902	86,740	-100,937	-1,933	70,463	-16,671	53,792
Q3	25,106	7,711	14,414	3,028	88,932	-60,009	-928	78,253	-14,204	64,049
Q4	27,012	7,836	16,409	4	99,689	-70,537	1,232	81,644	-15,965	65,679
2018
Q1	25,376	7,820	15,379	2,492	91,733	-62,712	-436	79,650	-17,142	62,509
Q2	25,520	8,007	16,654	172	98,371	-70,344	-375	78,004	-16,453	61,550
Q3	26,560	8,298	19,602	93	100,571	-72,034	1,952	85,041	-16,989	68,052
Q4	28,171	8,102	41,115	-1,404	109,223	-102,020	1,103	84,291	-20,079	64,211
2019
Q1	26,911	8,384	17,712	1,564	104,779	-74,635	214	84,929	-19,922	65,007
Q2	27,009	8,678	60,920	-423	109,212	-120,044	-421	84,931	-21,258	63,673
Q3	27,977	8,865	21,974	1,019	113,129	-80,529	791	93,225	-20,389	72,836
Q4	29,733	8,902	61,756	-673	121,747	-129,868	1,369	92,966	-20,153	72,813
2020
Q1	26,846	8,929	46,534	1,724	112,164	-105,911	895	91,180	-20,014	71,166
Q2	21,443	9,946	17,163	2,203	107,734	-75,147	-651	82,691	-20,043	62,647
Q3	26,731	10,188	18,906	504	114,121	-71,731	-547	98,172	-29,281	68,891
Q4	27,482	10,458	26,981	588	133,790	-105,192	356	94,463	-20,684	73,779
2021
Q1	23,838	10,015	18,552	1,194	129,445	-82,046	-585	100,414	-27,945	72,469

Percentage change on corresponding period of previous year
2015	3.9	2.0	57.0		49.6	36.7		34.7		22.6
2016	5.4	4.8	53.6		2.4	16.7		3.0		9.4
2017	3.6	5.8	2.6		9.6	2.8		10.9		8.4
2018	5.1	6.6	-6.8		11.2	4.4		8.9		7.6
2019	5.7	8.1	75.1		12.2	31.9		8.9		7.0
2020	-8.2	13.5	-32.5		4.2	-11.6		2.9		0.8

2015
Q1	4.1	3.1	24.8		56.0	31.6		36.1		21.4
Q2	3.3	-0.0	48.0		45.6	35.3		30.3		28.4
Q3	4.5	0.7	39.2		47.3	34.0		34.2		17.3
Q4	3.5	4.4	108.1		50.0	44.4		38.1		23.6
2016
Q1	7.9	4.3	60.3		5.8	23.5		2.0		13.5
Q2	5.2	4.1	77.5		2.4	22.3		0.7		1.1
Q3	4.2	6.2	60.8		0.6	14.8		1.2		8.5
Q4	4.5	4.4	31.6		1.1	8.8		7.8		14.8
2017
Q1	2.4	3.9	-19.6		7.1	-5.2		8.5		2.5
Q2	3.1	5.6	119.1		8.3	39.2		11.1		3.8
Q3	4.7	6.5	-36.8		7.8	-12.3		13.8		18.6
Q4	4.1	7.2	-46.6		14.6	-10.6		10.2		8.3
2018
Q1	4.1	7.9	-0.4		8.8	0.3		13.7		14.5
Q2	6.3	7.7	-68.7		13.4	-30.3		10.7		14.4
Q3	5.8	7.6	36.0		13.1	20.0		8.7		6.2
Q4	4.3	3.4	150.6		9.6	44.6		3.2		-2.2
2019
Q1	6.1	7.2	15.2		14.2	19.0		6.6		4.0
Q2	5.8	8.4	265.8		11.0	70.7		8.9		3.4
Q3	5.3	6.8	12.1		12.5	11.8		9.6		7.0
Q4	5.5	9.9	50.2		11.5	27.3		10.3		13.4
2020
Q1	-0.2	6.5	162.7		7.0	41.9		7.4		9.5
Q2	-20.6	14.6	-71.8		-1.4	-37.4		-2.6		-1.6
Q3	-4.5	14.9	-14.0		0.9	-10.9		5.3		-5.4
Q4	-7.6	17.5	-56.3		9.9	-19.0		1.6		1.3
2021
Q1	-11.2	12.2	-60.1		15.4	-22.5		10.1		1.8

Open in Excel: Quarterly National Accounts Q1 2021 Table 3.2 (XLS 20KB)

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Table 3.3 Expenditure on Gross National Product at Constant Market Prices (Chain linked annually and referenced to year 2018)¹

Table 3.3 Expenditure on Gross National Product at Constant Market Prices (Chain linked annually and referenced to year 2018)¹									€million
Period	Personal Consumption of Goods and Services	Net Exp. by Central and Local Government on Current Goods and Services	Gross Domestic Fixed Capital Formation	Value of Physical Changes in Stocks	Exports of Goods and Services	Imports of Goods and Services	GDP at Constant Market Prices	Net Factor Income from Rest of World	GNP at Constant Market Prices
2015	95,638	28,111	65,549	4,167	316,330	-245,661	270,719	-61,368	208,879
2016	100,384	29,358	98,883	4,735	329,479	-291,995	276,116	-51,413	224,799
2017	102,775	30,466	98,859	4,164	359,873	-295,276	301,324	-62,424	238,901
2018	105,626	32,227	92,749	1,352	399,897	-307,110	326,986	-70,664	256,322
2019	108,986	34,265	162,134	1,736	442,084	-406,544	345,184	-80,149	265,035
2020	99,127	37,640	109,702	5,213	469,548	-360,585	356,981	-90,336	266,645

2015
Q1	23,130	6,925	12,725	547	73,932	-54,172	66,799	-16,244	50,371
Q2	22,996	6,986	14,511	810	76,821	-58,881	64,687	-11,526	53,242
Q3	23,755	7,029	15,049	2,194	81,014	-59,709	70,134	-17,957	51,927
Q4	25,756	7,171	23,263	616	84,564	-72,899	69,100	-15,642	53,339
2016
Q1	24,750	7,149	19,652	759	78,743	-68,587	65,908	-11,306	54,675
Q2	24,002	7,232	25,095	469	81,232	-74,177	65,312	-11,817	53,535
Q3	24,695	7,398	23,515	510	82,676	-69,766	68,950	-14,812	54,060
Q4	26,937	7,579	30,621	2,997	86,828	-79,464	75,947	-13,479	62,529
2017
Q1	25,136	7,385	15,461	-644	82,627	-62,138	70,035	-15,157	54,867
Q2	24,468	7,478	53,261	1,802	85,764	-101,287	70,691	-16,537	54,123
Q3	25,601	7,746	14,255	2,902	89,384	-60,293	79,062	-14,325	64,771
Q4	27,570	7,857	15,882	105	102,098	-71,558	81,537	-16,405	65,140
2018
Q1	25,659	7,708	14,959	2,491	90,173	-62,779	78,426	-16,843	61,583
Q2	25,454	8,015	16,094	213	98,429	-70,245	78,980	-16,462	62,519
Q3	26,395	8,351	18,929	196	100,174	-70,206	85,294	-16,925	68,369
Q4	28,119	8,152	42,768	-1,548	111,122	-103,880	84,286	-20,434	63,851
2019
Q1	26,520	8,359	17,478	1,690	102,086	-73,967	81,880	-19,350	62,530
Q2	26,378	8,489	59,396	-470	107,938	-119,265	83,421	-20,920	62,502
Q3	27,197	8,814	21,354	1,103	110,983	-80,331	90,647	-19,923	70,724
Q4	28,891	8,603	63,907	-586	121,078	-132,981	89,235	-19,956	69,279
2020
Q1	25,895	8,517	48,639	1,751	109,539	-108,534	86,661	-19,488	67,173
Q2	20,741	9,549	16,895	2,313	108,278	-74,755	81,254	-20,079	61,174
Q3	25,789	9,929	18,584	544	117,849	-71,982	98,502	-30,150	68,352
Q4	26,702	9,645	25,583	605	133,881	-105,314	90,565	-20,619	69,946
2021
Q1	22,802	9,657	17,789	1,297	129,142	-81,131	96,892	-27,797	69,095

Percentage change on corresponding period of previous year
2015	3.2	2.3	50.2		39.2	32.4	25.2		13.7
2016	5.0	4.4	50.9		4.2	18.9	2.0		7.6
2017	2.4	3.8	-0.0		9.2	1.1	9.1		6.3
2018	2.8	5.8	-6.2		11.1	4.0	8.5		7.3
2019	3.2	6.3	74.8		10.5	32.4	5.6		3.4
2020	-9.0	9.8	-32.3		6.2	-11.3	3.4		0.6

2015
Q1	3.6	2.5	22.2		44.7	27.9	29.1		15.7
Q2	2.7	-0.9	43.7		34.2	28.0	21.2		19.4
Q3	3.7	1.9	34.8		37.2	30.3	24.9		8.9
Q4	2.7	6.0	94.3		41.4	42.1	25.7		11.3
2016
Q1	7.0	3.2	54.4		6.5	26.6	-1.3		8.5
Q2	4.4	3.5	72.9		5.7	26.0	1.0		0.6
Q3	4.0	5.3	56.3		2.1	16.8	-1.7		4.1
Q4	4.6	5.7	31.6		2.7	9.0	9.9		17.2
2017
Q1	1.6	3.3	-21.3		4.9	-9.4	6.3		0.4
Q2	1.9	3.4	112.2		5.6	36.5	8.2		1.1
Q3	3.7	4.7	-39.4		8.1	-13.6	14.7		19.8
Q4	2.3	3.7	-48.1		17.6	-9.9	7.4		4.2
2018
Q1	2.1	4.4	-3.2		9.1	1.0	12.0		12.2
Q2	4.0	7.2	-69.8		14.8	-30.6	11.7		15.5
Q3	3.1	7.8	32.8		12.1	16.4	7.9		5.6
Q4	2.0	3.8	169.3		8.8	45.2	3.4		-2.0
2019
Q1	3.4	8.4	16.8		13.2	17.8	4.4		1.5
Q2	3.6	5.9	269.1		9.7	69.8	5.6		-0.0
Q3	3.0	5.5	12.8		10.8	14.4	6.3		3.4
Q4	2.7	5.5	49.4		9.0	28.0	5.9		8.5
2020
Q1	-2.4	1.9	178.3		7.3	46.7	5.8		7.4
Q2	-21.4	12.5	-71.6		0.3	-37.3	-2.6		-2.1
Q3	-5.2	12.7	-13.0		6.2	-10.4	8.7		-3.4
Q4	-7.6	12.1	-60.0		10.6	-20.8	1.5		1.0
2021
Q1	-11.9	13.4	-63.4		17.9	-25.2	11.8		2.9
¹Chain linked series not additive

Open in Excel: Quarterly National Accounts Q1 2021 Table 3.3 (XLS 21KB)

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Table 3.4 Expenditure on Gross National Product at Current Market Prices - Seasonally Adjusted

Table 3.4 Expenditure on Gross National Product at Current Market Prices - Seasonally Adjusted									€million
Period	Personal Consumption of Goods and Services	Net Exp. by Central and Local Government on Current Goods and Services	Gross Domestic Fixed Capital Formation	Value of Physical Changes in Stocks	Exports of Goods and Services	Imports of Goods and Services	GDP at Current Market Prices	Net Factor Income from Rest of World	GNP at Current Market Prices
2015
Q1	22,546	6,773	12,283	184	76,241	-55,165	63,336	-15,847	47,490
Q2	22,862	6,764	13,481	688	78,427	-58,759	64,092	-11,723	52,369
Q3	23,225	6,753	14,983	2,143	82,053	-62,351	66,503	-18,071	48,432
Q4	23,385	6,971	21,986	1,574	83,459	-66,930	69,233	-16,354	52,879
2016
Q1	24,271	7,062	20,185	134	81,797	-69,177	64,774	-10,869	53,905
Q2	24,077	7,048	23,479	208	79,625	-71,471	64,638	-11,602	53,036
Q3	24,168	7,169	23,700	365	82,763	-71,721	66,958	-14,739	52,219
Q4	24,489	7,276	28,965	4,234	83,735	-72,983	73,968	-13,807	60,161
2017
Q1	24,834	7,348	16,313	-1,535	86,249	-65,000	70,002	-15,090	54,913
Q2	24,848	7,436	50,920	1,837	88,040	-100,468	71,999	-16,644	55,355
Q3	25,241	7,627	14,853	2,922	89,443	-63,507	75,902	-14,210	61,692
Q4	25,537	7,799	14,723	1,095	95,401	-64,266	80,976	-16,243	64,733
2018
Q1	25,889	7,964	16,656	1,463	95,066	-65,744	80,165	-16,956	63,210
Q2	26,391	7,987	16,897	251	98,934	-69,967	81,031	-16,336	64,695
Q3	26,654	8,196	19,793	-22	101,397	-76,072	82,162	-17,018	65,145
Q4	26,636	8,061	38,148	-313	103,945	-92,408	84,051	-20,307	63,744
2019
Q1	27,539	8,589	19,354	405	107,105	-78,252	84,779	-19,829	64,951
Q2	27,902	8,620	60,285	-181	111,616	-120,014	88,648	-21,111	67,537
Q3	28,034	8,745	21,904	880	114,165	-84,759	89,935	-20,377	69,558
Q4	28,082	8,856	56,763	353	115,478	-117,513	92,713	-20,366	72,347
2020
Q1	27,573	9,196	51,840	534	114,625	-111,821	91,580	-20,004	71,575
Q2	22,133	9,839	17,606	2,564	110,402	-75,410	86,965	-19,854	67,111
Q3	26,754	10,046	18,856	342	115,187	-75,512	94,910	-29,267	65,643
Q4	25,909	10,399	23,852	1,519	126,601	-94,190	94,113	-20,872	73,242
2021
Q1	24,559	10,356	20,720	40	132,154	-87,087	99,585	-27,972	71,613

Percentage change on previous quarter
2015
Q1	-0.0	1.3	16.8		36.4	16.2	26.8		12.1
Q2	1.4	-0.1	9.8		2.9	6.5	1.2		10.3
Q3	1.6	-0.2	11.1		4.6	6.1	3.8		-7.5
Q4	0.7	3.2	46.7		1.7	7.3	4.1		9.2
2016
Q1	3.8	1.3	-8.2		-2.0	3.4	-6.4		1.9
Q2	-0.8	-0.2	16.3		-2.7	3.3	-0.2		-1.6
Q3	0.4	1.7	0.9		3.9	0.3	3.6		-1.5
Q4	1.3	1.5	22.2		1.2	1.8	10.5		15.2
2017
Q1	1.4	1.0	-43.7		3.0	-10.9	-5.4		-8.7
Q2	0.1	1.2	212.1		2.1	54.6	2.9		0.8
Q3	1.6	2.6	-70.8		1.6	-36.8	5.4		11.4
Q4	1.2	2.3	-0.9		6.7	1.2	6.7		4.9
2018
Q1	1.4	2.1	13.1		-0.4	2.3	-1.0		-2.4
Q2	1.9	0.3	1.4		4.1	6.4	1.1		2.3
Q3	1.0	2.6	17.1		2.5	8.7	1.4		0.7
Q4	-0.1	-1.6	92.7		2.5	21.5	2.3		-2.2
2019
Q1	3.4	6.5	-49.3		3.0	-15.3	0.9		1.9
Q2	1.3	0.4	211.5		4.2	53.4	4.6		4.0
Q3	0.5	1.5	-63.7		2.3	-29.4	1.5		3.0
Q4	0.2	1.3	159.1		1.2	38.6	3.1		4.0
2020
Q1	-1.8	3.8	-8.7		-0.7	-4.8	-1.2		-1.1
Q2	-19.7	7.0	-66.0		-3.7	-32.6	-5.0		-6.2
Q3	20.9	2.1	7.1		4.3	0.1	9.1		-2.2
Q4	-3.2	3.5	26.5		9.9	24.7	-0.8		11.6
2021
Q1	-5.2	-0.4	-13.1		4.4	-7.5	5.8		-2.2

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Table 3.5 Expenditure on Gross National Product at Constant Market Prices (Chain linked annually and referenced to year 2018)¹ - Seasonally Adjusted

Table 3.5 Expenditure on Gross National Product at Constant Market Prices (Chain linked annually and referenced to year 2018)¹ - Seasonally Adjusted									€million
Period	Personal Consumption of Goods and Services	Net Exp. by Central and Local Government on Current Goods and Services	Gross Domestic Fixed Capital Formation	Value of Physical Changes in Stocks	Exports of Goods and Services	Imports of Goods and Services	GDP at Constant Market Prices	Net Factor Income from Rest of World	GNP at Constant Market Prices
2015
Q1	23,613	7,001	13,188	195	75,659	-55,432	67,137	-16,655	50,482
Q2	23,850	6,998	14,486	526	76,158	-57,890	65,836	-11,383	54,453
Q3	24,098	6,978	15,470	2,046	80,409	-63,012	67,471	-17,434	50,038
Q4	24,245	7,123	22,346	1,522	81,201	-68,237	69,164	-15,805	53,359
2016
Q1	25,179	7,232	19,957	294	80,526	-70,742	65,840	-11,756	54,084
Q2	24,940	7,258	24,641	78	81,399	-73,194	67,145	-11,692	55,452
Q3	24,961	7,339	23,588	420	82,780	-73,843	66,178	-14,508	51,670
Q4	25,348	7,511	29,009	4,078	82,970	-73,345	75,787	-13,395	62,393
2017
Q1	25,560	7,492	16,584	-1,253	85,653	-64,762	71,021	-15,586	55,434
Q2	25,444	7,523	51,517	1,338	86,851	-99,824	72,655	-16,441	56,214
Q3	25,780	7,643	14,761	2,871	90,000	-64,037	76,520	-14,239	62,281
Q4	25,947	7,795	15,029	1,300	96,512	-65,318	80,755	-16,150	64,605
2018
Q1	26,190	7,846	16,257	1,811	93,540	-65,987	79,594	-17,228	62,366
Q2	26,434	8,064	16,668	-361	100,094	-69,928	82,140	-16,309	65,831
Q3	26,462	8,188	19,225	254	101,172	-74,421	82,139	-17,076	65,063
Q4	26,457	8,135	40,405	-299	104,510	-93,793	83,998	-20,092	63,906
2019
Q1	27,256	8,505	18,703	965	105,908	-78,219	82,942	-19,627	63,315
Q2	27,349	8,539	59,991	-1,104	110,103	-118,595	87,117	-20,775	66,342
Q3	27,141	8,601	21,146	1,227	112,391	-85,165	86,756	-20,194	66,562
Q4	27,136	8,627	62,021	653	113,228	-119,518	90,441	-19,582	70,859
2020
Q1	26,829	8,668	50,061	1,041	113,157	-115,761	86,367	-19,708	66,660
Q2	21,476	9,594	17,378	1,632	111,166	-74,525	84,778	-19,950	64,827
Q3	25,640	9,686	18,457	712	119,401	-76,375	94,529	-30,434	64,094
Q4	25,028	9,699	23,636	1,804	125,192	-94,596	90,331	-20,248	70,083
2021
Q1	23,761	9,807	19,030	628	132,406	-86,145	97,389	-28,010	69,379

Percentage change on previous quarter
2015
Q1	-0.1	3.8	11.8		29.8	14.3	22.5		7.1
Q2	1.0	-0.0	9.8		0.7	4.4	-1.9		7.9
Q3	1.0	-0.3	6.8		5.6	8.8	2.5		-8.1
Q4	0.6	2.1	44.4		1.0	8.3	2.5		6.6
2016
Q1	3.9	1.5	-10.7		-0.8	3.7	-4.8		1.4
Q2	-0.9	0.4	23.5		1.1	3.5	2.0		2.5
Q3	0.1	1.1	-4.3		1.7	0.9	-1.4		-6.8
Q4	1.5	2.3	23.0		0.2	-0.7	14.5		20.8
2017
Q1	0.8	-0.3	-42.8		3.2	-11.7	-6.3		-11.2
Q2	-0.5	0.4	210.6		1.4	54.1	2.3		1.4
Q3	1.3	1.6	-71.3		3.6	-35.8	5.3		10.8
Q4	0.6	2.0	1.8		7.2	2.0	5.5		3.7
2018
Q1	0.9	0.6	8.2		-3.1	1.0	-1.4		-3.5
Q2	0.9	2.8	2.5		7.0	6.0	3.2		5.6
Q3	0.1	1.5	15.3		1.1	6.4	-0.0		-1.2
Q4	-0.0	-0.7	110.2		3.3	26.0	2.3		-1.8
2019
Q1	3.0	4.6	-53.7		1.3	-16.6	-1.3		-0.9
Q2	0.3	0.4	220.8		4.0	51.6	5.0		4.8
Q3	-0.8	0.7	-64.8		2.1	-28.2	-0.4		0.3
Q4	-0.0	0.3	193.3		0.7	40.3	4.2		6.5
2020
Q1	-1.1	0.5	-19.3		-0.1	-3.1	-4.5		-5.9
Q2	-20.0	10.7	-65.3		-1.8	-35.6	-1.8		-2.7
Q3	19.4	1.0	6.2		7.4	2.5	11.5		-1.1
Q4	-2.4	0.1	28.1		4.8	23.9	-4.4		9.3
2021
Q1	-5.1	1.1	-19.5		5.8	-8.9	7.8		-1.0
¹Chain linked series not additive

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Table 3.6 Components of Gross Domestic Fixed Capital Formation at Current Market Prices - Non-Seasonally Adjusted

Table 3.6 Components of Gross Domestic Fixed Capital Formation at Current Market Prices - Non-Seasonally Adjusted								€million
Period	Dwellings	Improvements	Other Building and Construction	Transfer Costs	Machinery and Equipment	of which Other Transport Equipment	Intangible Assets	Gross Domestic Fixed Capital Formation
2015	1,492	1,856	9,917	911	15,639	6,377	33,360	63,175
2016	2,036	2,196	11,550	1,147	19,625	10,484	60,460	97,015
2017	3,059	2,589	13,583	1,106	22,174	14,370	57,005	99,517
2018	3,654	3,223	16,136	1,385	25,714	16,621	42,636	92,749
2019	4,377	2,953	19,273	1,486	25,488	16,853	108,785	162,362
2020	4,356	2,601	17,699	1,229	18,909	10,438	64,790	109,584

2015
Q1	303	461	1,869	242	4,159	1,427	4,942	11,976
Q2	330	448	2,211	204	4,085	1,934	6,416	13,694
Q3	461	445	2,637	220	3,360	1,002	7,056	14,178
Q4	398	503	3,200	245	4,035	2,013	14,946	23,327
	1,492	1,856	9,917	911	15,639	6,377	33,360	63,175
2016
Q1	459	478	1,959	260	4,982	2,329	11,062	19,200
Q2	522	565	2,560	262	4,853	2,811	15,545	24,306
Q3	544	588	3,248	313	4,591	2,285	13,517	22,802
Q4	511	564	3,783	311	5,200	3,059	20,337	30,707
	2,036	2,196	11,550	1,147	19,625	10,484	60,460	97,015
2017
Q1	630	596	2,654	269	6,110	3,770	5,183	15,442
Q2	691	601	2,854	242	6,376	4,453	42,486	53,251
Q3	882	620	3,626	250	3,999	2,154	5,038	14,414
Q4	857	773	4,449	344	5,689	3,993	4,298	16,409
	3,059	2,589	13,583	1,106	22,174	14,370	57,005	99,517
2018
Q1	760	882	2,925	295	5,580	2,819	4,937	15,379
Q2	920	841	3,417	344	5,273	2,934	5,859	16,654
Q3	1,022	779	4,551	344	6,455	4,298	6,451	19,602
Q4	952	721	5,243	403	8,406	6,571	25,390	41,115
	3,654	3,223	16,136	1,385	25,714	16,621	42,636	92,749
2019
Q1	966	737	3,625	328	6,295	3,555	5,759	17,712
Q2	1,023	720	3,915	337	6,110	4,255	48,815	60,920
Q3	1,263	790	5,407	376	6,076	4,127	8,063	21,974
Q4	1,125	705	6,326	445	7,006	4,915	46,148	61,756
	4,377	2,953	19,273	1,486	25,488	16,853	108,785	162,362
2020
Q1	1,149	608	4,008	401	n/a¹	n/a¹	n/a¹	46,534
Q2	675	586	2,680	206	3,390	1,806	9,626	17,163
Q3	1,145	696	4,845	221	4,705	2,235	7,292	18,906
Q4	1,388	711	6,165	401	n/a¹	n/a¹	n/a¹	26,981
	4,356	2,601	17,699	1,229	18,909	10,438	64,790	109,584
2021
Q1	929	507	3,364	345	5,660	2,763	7,745	18,552

Percentage change on corresponding period of previous year
2015	36.1	-3.4	14.1	9.2	-1.4	-16.9	181.9	57.0
2016	36.5	18.3	16.5	26.0	25.5	64.4	81.2	53.6
2017	50.2	17.9	17.6	-3.6	13.0	37.1	-5.7	2.6
2018	19.4	24.5	18.8	25.3	16.0	15.7	-25.2	-6.8
2019	19.8	-8.4	19.4	7.3	-0.9	1.4	155.1	75.1
2020	-0.5	-11.9	-8.2	-17.3	-25.8	-38.1	-40.4	-32.5

2015
Q1	30.0	-4.6	11.0	48.5	0.6	-22.4	70.4	24.8
Q2	22.9	-10.4	12.1	20.6	21.0	9.5	116.4	48.0
Q3	51.5	-9.8	11.3	-2.1	-18.4	-47.5	163.5	39.2
Q4	36.9	12.6	19.9	-11.7	-4.8	-6.6	354.2	108.1
2016
Q1	51.6	3.8	4.8	7.4	19.8	63.2	123.8	60.3
Q2	58.0	26.3	15.8	28.5	18.8	45.3	142.3	77.5
Q3	18.2	32.3	23.2	42.7	36.6	128.0	91.6	60.8
Q4	28.3	12.2	18.2	27.2	28.9	51.9	36.1	31.6
2017
Q1	37.1	24.6	35.5	3.6	22.6	61.9	-53.1	-19.6
Q2	32.5	6.3	11.5	-7.7	31.4	58.4	173.3	119.1
Q3	62.0	5.4	11.6	-20.3	-12.9	-5.8	-62.7	-36.8
Q4	67.6	36.9	17.6	10.7	9.4	30.6	-78.9	-46.6
2018
Q1	20.6	48.0	10.2	9.5	-8.7	-25.2	-4.8	-0.4
Q2	33.2	39.9	19.7	41.9	-17.3	-34.1	-86.2	-68.7
Q3	15.9	25.7	25.5	37.6	61.4	99.6	28.0	36.0
Q4	11.1	-6.7	17.9	17.0	47.8	64.5	490.8	150.6
2019
Q1	27.2	-16.4	23.9	11.3	12.8	26.1	16.7	15.2
Q2	11.2	-14.4	14.6	-2.1	15.9	45.0	733.2	265.8
Q3	23.5	1.4	18.8	9.4	-5.9	-4.0	25.0	12.1
Q4	18.2	-2.2	20.7	10.4	-16.7	-25.2	81.8	50.2
2020
Q1	18.9	-17.6	10.6	22.0	n/a¹	n/a¹	n/a¹	162.7
Q2	-34.1	-18.6	-31.5	-38.8	-44.5	-57.6	-80.3	-71.8
Q3	-9.3	-11.8	-10.4	-41.1	-22.6	-45.9	-9.6	-14.0
Q4	23.4	0.7	-2.5	-9.8	n/a¹	n/a¹	n/a¹	-56.3
2021
Q1	-19.1	-16.5	-16.1	-13.8	n/a¹	n/a¹	n/a¹	-60.1
¹Data suppressed for confidentiality reasons

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Table 3.7 Components of Gross Domestic Fixed Capital Formation at Constant Prices (Chain linked annually and referenced to year 2018)¹ - Non-Seasonally Adjusted

Table 3.7 Components of Gross Domestic Fixed Capital Formation at Constant Prices (Chain linked annually and referenced to year 2018)¹ - Non-Seasonally Adjusted								€million
Period	Dwellings	Improvements	Other Building and Construction	Transfer Costs	Machinery and Equipment	of which Other Transport Equipment	Intangible Assets	Gross Domestic Fixed Capital Formation
2015	1,521	2,245	12,011	1,162	15,832	6,603	32,947	65,549
2016	2,038	2,501	13,164	1,370	19,967	10,741	58,831	98,883
2017	2,952	2,783	14,604	1,207	22,257	14,519	54,390	98,859
2018	3,654	3,223	16,136	1,385	25,714	16,621	42,636	92,749
2019	4,103	2,769	18,065	1,412	25,403	16,676	110,383	162,134
2020	4,010	2,437	16,343	1,164	19,014	10,234	66,734	109,702

2015
Q1	326	579	2,349	320	4,236	1,485	4,989	12,725
Q2	346	548	2,714	264	4,134	2,006	6,558	14,511
Q3	465	542	3,214	276	3,397	1,035	7,287	15,049
Q4	384	576	3,734	303	4,065	2,077	14,113	23,263
	1,521	2,245	12,011	1,162	15,832	6,603	32,947	65,549
2016
Q1	459	557	2,297	322	5,071	2,389	10,736	19,652
Q2	513	644	2,936	321	4,950	2,881	15,392	25,095
Q3	553	684	3,751	369	4,686	2,343	13,373	23,515
Q4	513	616	4,180	358	5,259	3,127	19,330	30,621
	2,038	2,501	13,164	1,370	19,967	10,741	58,831	98,883
2017
Q1	642	654	2,921	309	6,142	3,822	4,958	15,461
Q2	689	655	3,107	272	6,375	4,499	40,646	53,261
Q3	832	673	3,919	267	4,020	2,174	4,816	14,255
Q4	788	802	4,658	359	5,719	4,023	3,971	15,882
	2,952	2,783	14,604	1,207	22,257	14,519	54,390	98,859
2018
Q1	784	907	3,045	305	5,574	2,830	4,520	14,959
Q2	928	848	3,456	346	5,264	2,934	5,413	16,094
Q3	1,009	776	4,540	339	6,435	4,296	6,052	18,929
Q4	933	691	5,095	395	8,441	6,560	26,651	42,768
	3,654	3,223	16,136	1,385	25,714	16,621	42,636	92,749
2019
Q1	916	713	3,499	316	6,294	3,533	5,741	17,478
Q2	965	684	3,717	322	6,059	4,219	47,649	59,396
Q3	1,173	745	5,104	355	6,018	4,083	7,958	21,354
Q4	1,049	626	5,745	420	7,032	4,841	49,034	63,907
	4,103	2,769	18,065	1,412	25,403	16,676	110,383	162,134
2020
Q1	1,068	572	3,717	381	n/a²	n/a²	n/a²	48,639
Q2	623	548	2,469	196	3,424	1,775	9,635	16,895
Q3	1,051	651	4,467	210	4,754	2,193	7,451	18,584
Q4	1,267	666	5,691	377	n/a²	n/a²	n/a²	25,583
	4,010	2,437	16,343	1,164	19,014	10,234	66,734	109,702
2021
Q1	843	456	3,035	319	5,838	2,693	7,298	17,789

Percentage change on corresponding period of previous year
2015	34.5	-8.5	8.1	-0.2	-3.3	-18.4	167.2	50.2
2016	34.0	11.4	9.6	17.9	26.1	62.7	78.6	50.9
2017	44.9	11.3	10.9	-11.9	11.5	35.2	-7.5	-0.0
2018	23.8	15.8	10.5	14.8	15.5	14.5	-21.6	-6.2
2019	12.3	-14.1	12.0	1.9	-1.2	0.3	158.9	74.8
2020	-2.3	-12.0	-9.5	-17.5	-25.2	-38.6	-39.5	-32.3

2015
Q1	29.3	-9.4	5.4	27.9	-1.0	-23.6	72.6	22.2
Q2	22.6	-12.8	8.0	7.0	18.4	7.7	109.3	43.7
Q3	49.3	-15.7	4.6	-9.2	-20.0	-48.5	152.9	34.8
Q4	34.7	6.3	13.4	-16.8	-6.6	-8.6	312.2	94.3
2016
Q1	40.6	-3.7	-2.2	0.7	19.7	60.9	115.2	54.4
Q2	48.3	17.6	8.2	21.7	19.7	43.6	134.7	72.9
Q3	18.9	26.1	16.7	33.7	38.0	126.5	83.5	56.3
Q4	33.7	6.9	12.0	18.3	29.4	50.5	37.0	31.6
2017
Q1	40.0	17.3	27.2	-4.1	21.1	60.0	-53.8	-21.3
Q2	34.5	1.7	5.8	-15.4	28.8	56.2	164.1	112.2
Q3	50.3	-1.5	4.5	-27.6	-14.2	-7.2	-64.0	-39.4
Q4	53.7	30.1	11.4	0.3	8.8	28.7	-79.5	-48.1
2018
Q1	22.1	38.8	4.3	-1.4	-9.2	-26.0	-8.8	-3.2
Q2	34.6	29.5	11.3	27.4	-17.4	-34.8	-86.7	-69.8
Q3	21.2	15.4	15.8	27.1	60.1	97.6	25.7	32.8
Q4	18.3	-13.8	9.4	10.0	47.6	63.1	571.1	169.3
2019
Q1	16.7	-21.4	14.9	3.6	12.9	24.8	27.0	16.8
Q2	4.0	-19.3	7.5	-7.1	15.1	43.8	780.2	269.1
Q3	16.3	-4.0	12.4	4.4	-6.5	-5.0	31.5	12.8
Q4	12.4	-9.4	12.8	6.4	-16.7	-26.2	84.0	49.4
2020
Q1	16.6	-19.8	6.2	20.8	n/a²	n/a²	n/a²	178.3
Q2	-35.4	-19.9	-33.6	-39.0	-43.5	-57.9	-79.8	-71.6
Q3	-10.4	-12.6	-12.5	-40.7	-21.0	-46.3	-6.4	-13.0
Q4	20.9	6.3	-0.9	-10.3	n/a²	n/a²	n/a²	-60.0
2021
Q1	-21.1	-20.3	-18.4	-16.3	n/a²	n/a²	n/a²	-63.4
¹Chain linked series not additive
²Data suppressed for confidentiality reasons

Open in Excel: Quarterly National Accounts Q1 2021 Table 3.7 (XLS 20KB)

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Table 3.8 Components of Gross Domestic Fixed Capital Formation at Current Market Prices & Constant Prices (Chain linked annually and referenced to year 2018)¹ - Seasonally Adjusted

Table 3.8 Components of Gross Domestic Fixed Capital Formation at Current Market Prices & Constant Prices (Chain linked annually and referenced to year 2018)¹ - Seasonally Adjusted								€million
	CURRENT MARKET PRICES				CONSTANT MARKET PRICES
Period	All Building and Construction (including Dwellings, Improvements, other B&C and Transfer Costs)²	Machinery and Equipment	Intangible Assets	Gross Domestic Fixed Capital Formation	All Building and Construction (including Dwellings, Improvements, other B&C and Transfer Costs)²	Machinery and Equipment	Intangible Assets	Gross Domestic Fixed Capital Formation
2015
Q1	3,379	3,834	5,070	12,283	4,107	3,901	5,180	13,188
Q2	3,462	3,879	6,140	13,481	4,190	3,827	6,469	14,486
Q3	3,528	4,069	7,386	14,983	4,181	3,956	7,334	15,470
Q4	3,753	3,722	14,511	21,986	4,337	3,837	14,172	22,346
2016
Q1	3,699	4,810	11,677	20,185	4,202	4,937	10,818	19,957
Q2	4,220	4,685	14,574	23,479	4,764	4,687	15,190	24,641
Q3	4,413	5,316	13,971	23,700	4,975	5,352	13,261	23,588
Q4	4,445	4,687	19,833	28,965	4,912	4,810	19,287	29,009
2017
Q1	4,817	6,038	5,458	16,313	5,218	6,182	5,184	16,584
Q2	4,826	6,292	39,802	50,920	5,190	6,155	40,172	51,517
Q3	5,050	4,674	5,130	14,853	5,313	4,704	4,745	14,761
Q4	5,530	5,048	4,145	14,723	5,733	5,127	4,169	15,029
2018
Q1	5,662	5,696	5,298	16,656	5,822	5,693	4,741	16,257
Q2	6,083	5,152	5,662	16,897	6,142	5,042	5,483	16,668
Q3	6,251	7,101	6,442	19,793	6,194	7,167	5,864	19,225
Q4	6,227	7,677	24,244	38,148	6,121	7,757	26,528	40,405
2019
Q1	6,608	6,467	6,279	19,354	6,327	6,478	5,899	18,703
Q2	6,763	6,058	47,464	60,285	6,413	5,876	47,703	59,991
Q3	7,290	6,660	7,953	21,904	6,828	6,678	7,639	21,146
Q4	7,209	6,201	43,354	56,763	6,635	6,258	49,128	62,021
2020
Q1	7,302	n/a³	n/a³	51,840	6,752	n/a³	n/a³	50,061
Q2	4,703	3,338	9,565	17,606	4,353	3,305	9,720	17,378
Q3	6,417	5,283	7,156	18,856	5,896	5,441	7,120	18,457
Q4	7,242	n/a³	n/a³	23,852	6,739	n/a³	n/a³	23,636
2021
Q1	6,162	6,006	8,551	20,720	5,538	6,036	7,456	19,030

Percentage change on previous quarter
2015
Q1	5.7	-7.4	59.5	16.8	5.7	-10.2	45.2	11.8
Q2	2.5	1.2	21.1	9.8	2.0	-1.9	24.9	9.8
Q3	1.9	4.9	20.3	11.1	-0.2	3.4	13.4	6.8
Q4	6.4	-8.5	96.5	46.7	3.7	-3.0	93.2	44.4
2016
Q1	-1.4	29.2	-19.5	-8.2	-3.1	28.7	-23.7	-10.7
Q2	14.1	-2.6	24.8	16.3	13.4	-5.1	40.4	23.5
Q3	4.6	13.5	-4.1	0.9	4.4	14.2	-12.7	-4.3
Q4	0.7	-11.8	42.0	22.2	-1.3	-10.1	45.4	23.0
2017
Q1	8.4	28.8	-72.5	-43.7	6.2	28.5	-73.1	-42.8
Q2	0.2	4.2	629.3	212.1	-0.5	-0.4	674.9	210.6
Q3	4.6	-25.7	-87.1	-70.8	2.4	-23.6	-88.2	-71.3
Q4	9.5	8.0	-19.2	-0.9	7.9	9.0	-12.1	1.8
2018
Q1	2.4	12.8	27.8	13.1	1.6	11.0	13.7	8.2
Q2	7.4	-9.5	6.9	1.4	5.5	-11.4	15.7	2.5
Q3	2.8	37.8	13.8	17.1	0.8	42.1	6.9	15.3
Q4	-0.4	8.1	276.4	92.7	-1.2	8.2	352.4	110.2
2019
Q1	6.1	-15.8	-74.1	-49.3	3.4	-16.5	-77.8	-53.7
Q2	2.3	-6.3	655.9	211.5	1.4	-9.3	708.7	220.8
Q3	7.8	9.9	-83.2	-63.7	6.5	13.7	-84.0	-64.8
Q4	-1.1	-6.9	445.1	159.1	-2.8	-6.3	543.1	193.3
2020
Q1	1.3	n/a³	n/a³	-8.7	1.8	n/a³	n/a³	-19.3
Q2	-35.6	n/a³	n/a³	-66.0	-35.5	n/a³	n/a³	-65.3
Q3	36.4	58.3	-25.2	7.1	35.5	64.6	-26.7	6.2
Q4	12.9	n/a³	n/a³	26.5	14.3	n/a³	n/a³	28.1
2021
Q1	-14.9	n/a³	n/a³	-13.1	-17.8	n/a³	n/a³	-19.5
¹Chain linked series not additive
²The results are aggregated to this level as some of the components, individually, do not have identifiable seasonality present
³Data suppressed for confidentiality reasons

Open in Excel: Quarterly National Accounts Q1 2021 Table 3.8 (XLS 18KB)

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