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Quarterly National Accounts Quarter 1 2022 Final

Foreign and Domestic GVA

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Multinational sector grew by 5.6% in Q1 2022 while Non-MNE dominated sectors increased by 2.2%

Table 6.1 Gross Value Added for sectors dominated by Foreign-owned MNEs and Other Sectors, Q1 2022¹
	Amount €m	Quarterly % change
Foreign-owned MNE dominated	56,836	5.6
Other	49,228	2.2
Total GVA (MNE dominated + Other)	106,064	4.0
¹Constant Market Prices, chain linked annually and referenced to year 2020, seasonally adjusted.

Open in Excel: Quarterly National Accounts Q1 2022 Table 6.1 (XLS 10KB)

On a seasonally adjusted basis, estimates indicate that Gross Value Added (GVA) in volume terms in the Foreign-owned MNE dominated sector increased by 5.6% for the first quarter of 2022. GVA for the non-MNE dominated sectors of the economy rose by 2.2% over the same period.

Real GVA for the total economy amounted to just over €106 billion in the Q1 2022 reference period, with GVA for MNE dominated sectors representing approximately 53.6% of Total GVA while GVA for the non-MNE dominated sectors represented approximately 46.4% of the total.

	Foreign-owned MNE-dominated	Other
Q1 2020	12.5810398049897	-0.562461711286943
Q2 2020	3.96690892741351	-17.0887798501598
Q3 2020	7.3554554880497	11.5193321631081
Q4 2020	-1.50079963902859	2.01942974767966
Q1 2021	13.6347350110953	-1.00153115358439
Q2 2021	-0.0663792117853612	2.68562868967386
Q3 2021	5.91122601819409	1.79735821746236
Q4 2021	-0.615175289687775	2.58955468035984
Q1 2022	5.5692015213239	2.16627600649069

Get the data: NAQ06

Table 6.2 Gross Value Added at Current Basic Prices & Constant Basic Prices (Chain linked annually and referenced to year 2020)¹

Table 6.2 Gross Value Added at Current Basic Prices & Constant Basic Prices (Chain linked annually and referenced to year 2020)¹						€million
	CURRENT BASIC PRICES			CONSTANT BASIC PRICES
Period	Foreign-owned MNE dominated	Other	Total	Foreign-owned MNE dominated	Other	Total
2016	100,437	150,456	250,894	101,551	165,240	264,006
2017	112,480	162,344	274,823	112,125	172,669	282,129
2018	132,320	173,941	306,261	130,549	183,078	311,148
2019	149,816	184,763	334,579	139,477	190,826	327,821
2020	174,156	177,899	352,055	174,156	177,899	352,055
2021	204,379	197,069	401,448	210,147	186,357	396,504

2016
Q1	23,644	36,406	60,050	25,211	39,989	64,567
Q2	22,187	37,547	59,734	22,923	41,178	63,252
Q3	24,791	38,298	63,090	22,486	42,225	63,774
Q4	29,815	38,205	68,020	30,931	41,849	72,413

2017
Q1	26,001	39,067	65,067	25,538	41,979	66,800
Q2	23,199	40,122	63,321	24,576	42,376	66,178
Q3	28,661	41,278	69,939	29,587	43,945	72,896
Q4	34,620	41,876	76,496	32,424	44,369	76,256

2018
Q1	31,942	41,031	72,973	31,161	43,229	73,815
Q2	30,017	43,096	73,113	32,148	45,394	76,921
Q3	35,766	44,264	80,031	34,824	46,786	81,021
Q4	34,594	45,551	80,145	32,416	47,669	79,392

2019
Q1	34,861	44,462	79,323	31,328	45,769	76,438
Q2	34,671	45,628	80,299	34,312	46,958	80,659
Q3	40,437	46,752	87,189	38,530	48,477	86,469
Q4	39,847	47,922	87,768	35,307	49,621	84,255

2020
Q1	42,845	46,187	89,031	40,554	46,619	86,907
Q2	39,597	40,255	79,852	41,061	39,505	80,692
Q3	50,549	44,579	95,129	49,707	45,130	95,126
Q4	41,165	46,878	88,043	42,834	46,644	89,330

2021
Q1	50,658	44,706	95,364	51,053	43,477	94,530
Q2	46,250	48,785	95,035	49,300	45,671	94,971
Q3	57,802	50,454	108,255	59,298	47,638	106,936
Q4	49,669	53,124	102,792	50,496	49,571	100,067

2022
Q1	56,815	51,087	107,902	57,119	47,610	104,728

Annual Percentage Changes
2016	-0.6	5.1	2.7	0.4	2.1	1.4
2017	12.0	7.9	9.5	10.4	4.5	6.9
2018	17.6	7.1	11.4	16.4	6.0	10.3
2019	13.2	6.2	9.2	6.8	4.2	5.4
2020	16.2	-3.7	5.2	24.9	-6.8	7.4
2021	17.4	10.8	14.0	20.7	4.8	12.6

Percentage change on corresponding period of previous year
2016
Q1	-5.4	6.1	1.2	-10.7	3.1	-2.3
Q2	-8.0	6.2	0.4	-1.3	3.1	0.9
Q3	-1.3	4.7	2.2	-8.4	1.5	-2.7
Q4	11.3	3.5	6.8	23.0	0.6	9.5

2017
Q1	10.0	7.3	8.4	1.3	5.0	3.5
Q2	4.6	6.9	6.0	7.2	2.9	4.6
Q3	15.6	7.8	10.9	31.6	4.1	14.3
Q4	16.1	9.6	12.5	4.8	6.0	5.3

2018
Q1	22.9	5.0	12.1	22.0	3.0	10.5
Q2	29.4	7.4	15.5	30.8	7.1	16.2
Q3	24.8	7.2	14.4	17.7	6.5	11.1
Q4	-0.1	8.8	4.8	-0.0	7.4	4.1

2019
Q1	9.1	8.4	8.7	0.5	5.9	3.6
Q2	15.5	5.9	9.8	6.7	3.4	4.9
Q3	13.1	5.6	8.9	10.6	3.6	6.7
Q4	15.2	5.2	9.5	8.9	4.1	6.1

2020
Q1	22.9	3.9	12.2	29.5	1.9	13.7
Q2	14.2	-11.8	-0.6	19.7	-15.9	0.0
Q3	25.0	-4.6	9.1	29.0	-6.9	10.0
Q4	3.3	-2.2	0.3	21.3	-6.0	6.0

2021
Q1	18.2	-3.2	7.1	25.9	-6.7	8.8
Q2	16.8	21.2	19.0	20.1	15.6	17.7
Q3	14.3	13.2	13.8	19.3	5.6	12.4
Q4	20.7	13.3	16.8	17.9	6.3	12.0

2022
Q1	12.2	14.3	13.1	11.9	9.5	10.8
¹Chain linked series not additive

Open in Excel: Quarterly National Accounts Q1 2022 Table 6.2 (XLS 19KB)

Visit Table NAQ06 on PxStat

Table 6.3 Gross Value Added at Current Basic Prices & Constant Basic Prices (Chain linked annually and referenced to year 2020)¹ - Seasonally Adjusted

Table 6.3 Gross Value Added at Current Basic Prices & Constant Basic Prices (Chain linked annually and referenced to year 2020)¹ - Seasonally Adjusted						€million
	CURRENT BASIC PRICES			CONSTANT BASIC PRICES
Period	Foreign-owned MNE dominated	Other	Total	Foreign-owned MNE dominated	Other	Total
2016
Q1	23,212	37,214	60,426	24,755	41,059	65,813
Q2	23,215	37,482	60,697	23,526	41,435	64,961
Q3	24,449	37,865	62,314	22,006	41,504	63,510
Q4	29,078	37,854	66,932	30,948	41,208	72,156

2017
Q1	25,724	39,754	65,478	25,478	43,117	68,595
Q2	24,787	40,255	65,042	25,478	42,664	68,141
Q3	27,841	40,879	68,720	28,475	43,242	71,716
Q4	33,656	41,363	75,019	32,406	43,569	75,975

2018
Q1	31,643	42,053	73,696	31,410	44,461	75,871
Q2	32,524	42,995	75,519	33,489	45,728	79,217
Q3	34,161	43,917	78,078	32,910	46,095	79,005
Q4	33,987	44,822	78,810	32,764	46,646	79,409

2019
Q1	34,467	45,448	79,915	31,736	47,142	78,878
Q2	37,680	45,757	83,437	35,673	47,375	83,048
Q3	38,063	46,435	84,497	35,855	47,785	83,640
Q4	39,927	46,981	86,908	36,390	48,387	84,778

2020
Q1	42,115	47,373	89,488	40,969	48,115	89,084
Q2	42,924	40,337	83,261	42,594	39,893	82,487
Q3	47,143	44,313	91,456	45,727	44,488	90,215
Q4	41,994	45,812	87,807	45,040	45,387	90,427

2021
Q1	49,533	46,162	95,695	51,182	44,932	96,114
Q2	49,918	48,691	98,608	51,148	46,139	97,286
Q3	53,682	50,158	103,841	54,171	46,968	101,139
Q4	51,282	51,812	103,093	53,838	48,184	102,022

2022
Q1	55,279	52,709	107,989	56,836	49,228	106,064

Percentage change on previous quarter
2016
Q1	-12.8	1.6	-4.4	-3.1	0.2	-1.1
Q2	0.0	0.7	0.4	-5.0	0.9	-1.3
Q3	5.3	1.0	2.7	-6.5	0.2	-2.2
Q4	18.9	-0.0	7.4	40.6	-0.7	13.6

2017
Q1	-11.5	5.0	-2.2	-17.7	4.6	-4.9
Q2	-3.6	1.3	-0.7	-0.0	-1.1	-0.7
Q3	12.3	1.5	5.7	11.8	1.4	5.2
Q4	20.9	1.2	9.2	13.8	0.8	5.9

2018
Q1	-6.0	1.7	-1.8	-3.1	2.0	-0.1
Q2	2.8	2.2	2.5	6.6	2.8	4.4
Q3	5.0	2.1	3.4	-1.7	0.8	-0.3
Q4	-0.5	2.1	0.9	-0.4	1.2	0.5

2019
Q1	1.4	1.4	1.4	-3.1	1.1	-0.7
Q2	9.3	0.7	4.4	12.4	0.5	5.3
Q3	1.0	1.5	1.3	0.5	0.9	0.7
Q4	4.9	1.2	2.9	1.5	1.3	1.4

2020
Q1	5.5	0.8	3.0	12.6	-0.6	5.1
Q2	1.9	-14.9	-7.0	4.0	-17.1	-7.4
Q3	9.8	9.9	9.8	7.4	11.5	9.4
Q4	-10.9	3.4	-4.0	-1.5	2.0	0.2

2021
Q1	18.0	0.8	9.0	13.6	-1.0	6.3
Q2	0.8	5.5	3.0	-0.1	2.7	1.2
Q3	7.5	3.0	5.3	5.9	1.8	4.0
Q4	-4.5	3.3	-0.7	-0.6	2.6	0.9

2022
Q1	7.8	1.7	4.7	5.6	2.2	4.0
¹Chain linked series not additive