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Quarterly National Accounts Quarter 1 2022 Provisional

Foreign and Domestic GVA

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Multinational sector grew by 14.1% in Q1 2022 while Non-MNE dominated sectors increased by 7.6%

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	62,627	14.1
Other	48,601	7.6
Total GVA (MNE dominated + Other)	111,227	11.2
1Constant Market Prices, chain linked annually and referenced to year 2019, seasonally adjusted.

Open in Excel: Quarterly National Accounts Q1 2022 Table 6.1 (XLS 9KB)

On a seasonally adjusted basis, estimates indicate that Gross Value Added (GVA) in volume terms in the Foreign-owned MNE dominated sector increased by 14.1% for the first quarter of 2022. GVA for the non-MNE dominated sectors of the economy rose by 7.6% over the same period.

Real GVA for the total economy amounted to just over €111 billion in the Q1 2022 reference period, with GVA for MNE dominated sectors representing approximately 56.3% of Total GVA while GVA for the non-MNE dominated sectors represented approximately 43.7% of the total.

	Foreign-owned MNE-dominated	Other
Q1 2019	-2.58419171455788	1.2122777601945
Q2 2019	12.2996015168588	0.221748179702885
Q3 2019	0.382804215933996	0.416031599956068
Q4 2019	1.23931157790085	0.159824185749335
Q1 2020	11.1017746497719	-1.43532499547848
Q2 2020	4.22867942147671	-16.383432630011
Q3 2020	7.60660868393626	9.94529167470894
Q4 2020	-1.97809245846245	1.96694042062526
Q1 2021	15.8470457192151	0.156536263664941
Q2 2021	2.31706689714195	2.53978128338062
Q3 2021	4.28051465658954	1.71999832095502
Q4 2021	-7.56322489503022	1.38380381431411
Q1 2022	14.1317112216675	7.5645060593726

Get the data: FMQ01

Table 6.2 Gross Value Added at Current Basic Prices & Constant Basic Prices (Chain linked annually and referenced to year 2019)¹

Table 6.2 Gross Value Added at Current Basic Prices & Constant Basic Prices (Chain linked annually and referenced to year 2019)¹						€million
	CURRENT BASIC PRICES			CONSTANT BASIC PRICES
Period	Foreign-owned MNE dominated	Other	Total	Foreign-owned MNE dominated	Other	Total
2016	100,545	150,263	250,808	109,435	160,946	270,742
2017	112,523	161,511	274,034	120,848	167,975	289,145
2018	132,231	174,054	306,286	140,629	177,657	318,402
2019	151,115	184,185	335,300	151,115	184,185	335,300
2020	176,490	172,774	349,264	186,070	168,127	354,198
2021	210,612	183,175	393,788	226,790	176,507	403,296

2016
Q1	23,672	36,351	60,023	27,185	38,945	66,229
Q2	22,214	37,507	59,721	24,703	40,092	64,842
Q3	24,816	38,255	63,071	24,222	41,151	65,402
Q4	29,844	38,149	67,993	33,326	40,758	74,269

2017
Q1	26,012	38,890	64,902	27,827	40,764	68,682
Q2	23,213	39,934	63,147	26,399	41,308	67,814
Q3	28,670	41,065	69,734	31,745	42,721	74,540
Q4	34,628	41,622	76,251	34,876	43,182	78,109

2018
Q1	31,927	41,046	72,974	33,341	41,791	75,154
Q2	30,004	43,146	73,150	34,334	44,075	78,447
Q3	35,741	44,309	80,050	37,804	45,374	83,174
Q4	34,559	45,552	80,112	35,151	46,417	81,626

2019
Q1	35,126	44,351	79,477	33,953	44,247	78,252
Q2	34,846	45,519	80,364	37,200	45,506	82,708
Q3	40,827	46,594	87,421	41,654	46,821	88,402
Q4	40,316	47,722	88,038	38,309	47,611	85,937

2020
Q1	43,244	45,172	88,416	43,126	43,716	86,842
Q2	40,147	38,870	79,017	43,958	37,706	81,663
Q3	51,140	43,444	94,585	53,138	42,523	95,661
Q4	41,959	45,288	87,247	45,849	44,183	90,032

2021
Q1	51,757	41,742	93,500	55,304	40,845	96,148
Q2	48,384	44,994	93,377	55,034	43,401	98,435
Q3	61,178	47,413	108,591	64,817	45,326	110,143
Q4	49,294	49,026	98,320	51,635	46,935	98,570

2022
Q1	58,776	49,697	108,473	62,706	46,307	109,013

Annual Percentage Changes
2016	-0.6	5.1	2.7	0.4	1.9	1.3
2017	11.9	7.5	9.3	10.4	4.4	6.8
2018	17.5	7.8	11.8	16.4	5.8	10.1
2019	14.3	5.8	9.5	7.5	3.7	5.3
2020	16.8	-6.2	4.2	23.1	-8.7	5.6
2021	19.3	6.0	12.7	21.9	5.0	13.9

Percentage change on corresponding period of previous year
2016
Q1	-5.4	6.1	1.3	-10.2	3.0	-2.3
Q2	-8.1	6.2	0.4	-1.4	2.9	0.8
Q3	-1.3	4.7	2.3	-8.3	1.4	-2.7
Q4	11.3	3.5	6.8	22.5	0.4	9.3

2017
Q1	9.9	7.0	8.1	2.4	4.7	3.7
Q2	4.5	6.5	5.7	6.9	3.0	4.6
Q3	15.5	7.3	10.6	31.1	3.8	14.0
Q4	16.0	9.1	12.1	4.7	5.9	5.2

2018
Q1	22.7	5.5	12.4	19.8	2.5	9.4
Q2	29.3	8.0	15.8	30.1	6.7	15.7
Q3	24.7	7.9	14.8	19.1	6.2	11.6
Q4	-0.2	9.4	5.1	0.8	7.5	4.5

2019
Q1	10.0	8.0	8.9	1.8	5.9	4.1
Q2	16.1	5.5	9.9	8.3	3.2	5.4
Q3	14.2	5.2	9.2	10.2	3.2	6.3
Q4	16.7	4.8	9.9	9.0	2.6	5.3

2020
Q1	23.1	1.9	11.2	27.0	-1.2	11.0
Q2	15.2	-14.6	-1.7	18.2	-17.1	-1.3
Q3	25.3	-6.8	8.2	27.6	-9.2	8.2
Q4	4.1	-5.1	-0.9	19.7	-7.2	4.8

2021
Q1	19.7	-7.6	5.7	28.2	-6.6	10.7
Q2	20.5	15.8	18.2	25.2	15.1	20.5
Q3	19.6	9.1	14.8	22.0	6.6	15.1
Q4	17.5	8.3	12.7	12.6	6.2	9.5

2022
Q1	13.6	19.1	16.0	13.4	13.4	13.4
¹Chain linked series not additive

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

Visit Table FMQ01 on PxStat

Table 6.3 Gross Value Added at Current Basic Prices & Constant Basic Prices (Chain linked annually and referenced to year 2019)¹ - Seasonally Adjusted

Table 6.3 Gross Value Added at Current Basic Prices & Constant Basic Prices (Chain linked annually and referenced to year 2019)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	23,245	37,077	60,323	26,695	40,165	66,860
Q2	23,248	37,514	60,762	25,392	40,192	65,584
Q3	24,447	37,827	62,274	23,757	40,433	64,190
Q4	29,124	37,808	66,931	33,214	40,100	73,313

2017
Q1	25,750	39,682	65,432	27,756	41,865	69,621
Q2	24,826	39,941	64,767	27,431	41,651	69,082
Q3	27,752	40,672	68,424	30,606	42,022	72,628
Q4	33,735	41,151	74,886	34,717	42,318	77,035

2018
Q1	31,669	41,904	73,573	33,617	43,306	76,923
Q2	32,557	43,167	75,724	35,825	44,190	80,015
Q3	33,917	43,964	77,881	35,801	44,675	80,477
Q4	34,073	44,957	79,030	35,366	45,257	80,623

2019
Q1	34,837	45,208	80,045	34,452	45,806	80,258
Q2	37,935	45,631	83,566	38,690	45,907	84,597
Q3	38,034	46,255	84,288	38,838	46,098	84,936
Q4	40,648	47,110	87,758	39,319	46,172	85,491

2020
Q1	42,707	45,900	88,607	43,684	45,509	89,193
Q2	43,574	39,035	82,609	45,531	38,053	83,585
Q3	47,071	43,157	90,228	48,995	41,838	90,832
Q4	43,150	44,771	87,920	48,026	42,661	90,686

2021
Q1	50,929	42,257	93,185	55,636	42,727	98,364
Q2	52,277	45,254	97,531	56,925	43,813	100,738
Q3	55,911	47,115	103,026	59,362	44,566	103,928
Q4	51,428	48,539	99,966	54,872	45,183	100,055

2022
Q1	57,588	50,182	107,770	62,627	48,601	111,227

Percentage change on previous quarter
2016
Q1	-12.8	1.4	-4.6	-3.0	0.4	-1.0
Q2	0.0	1.2	0.7	-4.9	0.1	-1.9
Q3	5.2	0.8	2.5	-6.4	0.6	-2.1
Q4	19.1	-0.1	7.5	39.8	-0.8	14.2

2017
Q1	-11.6	5.0	-2.2	-16.4	4.4	-5.0
Q2	-3.6	0.7	-1.0	-1.2	-0.5	-0.8
Q3	11.8	1.8	5.6	11.6	0.9	5.1
Q4	21.6	1.2	9.4	13.4	0.7	6.1

2018
Q1	-6.1	1.8	-1.8	-3.2	2.3	-0.1
Q2	2.8	3.0	2.9	6.6	2.0	4.0
Q3	4.2	1.8	2.8	-0.1	1.1	0.6
Q4	0.5	2.3	1.5	-1.2	1.3	0.2

2019
Q1	2.2	0.6	1.3	-2.6	1.2	-0.5
Q2	8.9	0.9	4.4	12.3	0.2	5.4
Q3	0.3	1.4	0.9	0.4	0.4	0.4
Q4	6.9	1.8	4.1	1.2	0.2	0.7

2020
Q1	5.1	-2.6	1.0	11.1	-1.4	4.3
Q2	2.0	-15.0	-6.8	4.2	-16.4	-6.3
Q3	8.0	10.6	9.2	7.6	9.9	8.7
Q4	-8.3	3.7	-2.6	-2.0	2.0	-0.2

2021
Q1	18.0	-5.6	6.0	15.8	0.2	8.5
Q2	2.6	7.1	4.7	2.3	2.5	2.4
Q3	7.0	4.1	5.6	4.3	1.7	3.2
Q4	-8.0	3.0	-3.0	-7.6	1.4	-3.7

2022
Q1	12.0	3.4	7.8	14.1	7.6	11.2
¹Chain linked series not additive