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GDP by Sector

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Increase of 7.8% in GDP (seasonally adjusted) in Quarter 1

Table 2.1 Gross Domestic Product1 by Nace Rev. 2 A10 Sector of Origin, Q1 20212
 Amount €mQuarterly % change
Industry (excl. Construction)38,79812.8
Information and Communication15,14719.1
Public Admin, Education and Health8,346-0.5
Professional, Admin and Support Services7,309-2.3
Distribution, Transport, Hotels and Restaurants7,212-9.9
Real Estate Activities5,4146.2
Financial and Insurance Activities4,900-1.7
Construction1,685-23.4
Agriculture, Forestry and Fishing886-5.2
Arts, Entertainment and Other Services3153.8
Gross Domestic Product97,3897.8
1Series is not additive, Taxes less Subsidies on Products not shown in table (see Table 2.5 for full detail).
2Constant Market Prices, chain linked annually and referenced to year 2018, seasonally adjusted.

The Information & Communication and Industry (excluding Construction) sectors recorded strong growth in Q1 compared with the previous quarter, increasing by 19.1% and 12.8% respectively. The domestically dominated Distribution, Transport, Hotels & Restaurants sector decreased by 9.9% over the same period.  Quarter-on-quarter increases were recorded in Real Estate (6.2%) and Arts & Entertainment (3.8%) while sectors that exhibited declines were Construction (23.4%), Professional & Administrative services (2.3%) and Finance & Insurance (1.7%). The Agriculture sector decreased by 5.2% over the period compared with Q4 2020. (See Table 2.5)

Q1 2021Q4 2020
Industry (excl. Construction)38.79793845334.405514309
Information and Communication15.14742979212.71679112
Public Admin, Education and Health8.3458761698.385809022
Professional, Admin and Support Services7.3085739357.482718592
Distribution, Transport, Hotels and Restaurants7.2119817078.007802815
Real Estate Activities5.4141370815.098236981
Financial and Insurance Activities4.8997436394.982624867
Construction1.6854553472.199017325
Agriculture Forestry and Fishing0.886010610.934456127
Arts, Entertainment and Other Services0.3146761690.30310675
Column1Q1 2021
Construction-23.3541578850453
Distribution,
Transport,
Hotels and
Restaurants
-9.93807073407563
Agriculture
Forestry
and Fishing
-5.18435436402248
Professional,
Admin and
Support
Services
-2.32729127601007
Financial and
Insurance
Activities
-1.66340493640057
Public Admin,
Education
and Health
-0.476195592998085
Arts,
Entertainment
and Other
Services
3.81694535011181
Real
Estate
Activities
6.19626159351339
Industry
(excl.
Construction)
12.766628350767
Information and
Communication
19.1136163916169
Agriculture Forestry and FishingIndustry (excl. Construction)ConstructionDistribution, Transport, Hotels and RestaurantsInformation and CommunicationFinancial and Insurance ActivitiesReal Estate ActivitiesProfessional, Admin and Support ServicesPublic Admin, Education and HealthArts, Entertainment and Other Services
Q1 2018100100100100100100100100100100
Q2 201894.1373643884471107.919538602374104.329320824991104.024409224171107.272370910851102.154043248981101.347707826124105.88334389849999.495140687939797.8881523548202
Q3 201895.6641604402231106.606340292671103.786605338809104.93340276287105.856577205959101.244607478117101.40535840457107.710835528026100.24941400294103.021530497596
Q4 2018103.439802614835105.162559830924103.320559897141100.244956655107103.873491079538100.644112554548101.88198498406110.709219020838100.35049969978198.99137676225
Q1 2019118.29068623766799.4911769407207106.488333197761106.068868793729111.038605678086104.92786972846100.8736161422107.771497831336101.737613897342102.618753181231
Q2 2019126.792900683757108.530540001676107.631954400271105.552749629283134.955801264927105.960187916203102.796200382567108.961778450563103.994434128289100.580904648242
Q3 2019119.558985734135113.166248281495114.179241132602106.045803474918121.442551463407108.533178390577103.849559386182108.898391191411104.53082758122101.414464650633
Q4 2019139.973839411933112.747005704875114.085282513914106.198810049367122.801471019146109.358499744209102.499500614207113.419538000684104.648380508049101.188755512274
Q1 2020123.744573237995121.544840831422110.958946550476102.47992256912127.408366487098107.966603282392102.738586861509108.755050666542103.00866809786894.2588538735543
Q2 2020120.115451776988122.67632572208570.693510315053964.2314759973688130.026674191019101.57284478854598.011499418231977.6612155250304102.21344095193631.2434733084179
Q3 2020126.000636879443127.31381486050891.339715683789793.9384678408212161.902383344531107.62426398100899.116093209438391.2506833240151102.66116548988630.4457019038182
Q4 2020126.718484624525128.469794827762113.528552841191.502712049138135.306449192171109.245458249243103.29543385332293.8035503763449102.60477421967528.8753991181246
Q1 2021120.14894933687144.87105607641587.014915365982582.4091078020971161.168404843881107.428263903931109.69588914902891.6204685318485102.11617480663529.97755732209
Table 2.2 Gross Domestic Product by Nace Rev. 2 A10 Sector1 of Origin and Gross National Product at Current Market Prices

Table 2.3 Gross Domestic Product by Nace Rev. 2 A10 Sector1 of Origin and Gross National Product at Constant Market Prices (Chain linked annually and referenced to year 2018)2

Table 2.4 Gross Domestic Product by Nace Rev. 2 A10 Sector1 of Origin and Gross National Product at Current Market Prices - Seasonally Adjusted

Table 2.5 Gross Domestic Product by Nace Rev. 2 A10 Sector1 of Origin and Gross National Product at Constant Market Prices (Chain linked annually and referenced to year 2018)2 - Seasonally Adjusted

FOR UPDATES TABLES, PLEASE CLICK ON THE FOLLOWING LINK: Quarterly National Accounts Q1 2021 Updates Tables (XLS 54KB)


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