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Quarterly National Accounts Quarter 1 2024 Provisional

GDP - Expenditure

Personal Consumption Expenditure increased by 0.6% in Q1 2024

Online ISSN: 2009-5775

CSO statistical publication, 06 June 2024, 11am

Table 3.1 Expenditure Components of GDP¹, Q1 2024²
	Amount €m	Quarterly % change
Personal Consumption of Goods and Services	32,494	0.6
Net Expenditure by Central and Local Government on Current Goods and Services	11,850	-1.1
Gross Domestic Fixed Capital Formation	21,880	-40.6
Net Exports	42,209
Exports of Goods and Services	164,636	7.3
Less Imports of Goods and Services	-122,427	-6.3
Gross Domestic Product	111,109	0.9
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 2021 and seasonally adjusted.

Open in Excel: Quarterly National Accounts Q1 2024 Table 3.1 (XLS 11KB)

On the expenditure side of the accounts (Table 3.5), Capital Investment decreased by €16.4 billion in Q1 compared with the previous quarter and accounted for 34.5% of total domestic demand in Q1 2024.

Personal Consumption Expenditure increased by 0.6% in Q1 2024 compared to Q4 2023, while Government expenditure decreased by 1.1% over the same period. There was an overall increase in real GDP of 0.9%.

	Personal Consumption Expenditure	Government Expenditure	Gross Fixed Capital Formation	Value of Physical Changes in Stocks	Net Exports	GDP
Q1 2021	25.229819569	11.237593812	18.569940727	2.123849609	48.931297291	105.47358602
Q2 2021	28.86700197	11.169973581	19.966509652	0.057479563	49.170437639	107.98520192
Q3 2021	29.704499667	10.849565656	19.44397047	3.135794617	48.60763181	111.19482826
Q4 2021	29.956463984	11.147949866	38.78489085	-0.109560588	27.58552971	109.04208583
Q1 2022	30.102500834	11.317562768	21.503231039	1.567177034	50.5973417	115.19867229
Q2 2022	31.30891396	11.484585691	25.415452032	3.869218013	47.21675336	117.65522027
Q3 2022	31.395943654	11.643519088	27.931840467	4.198407753	45.54045064	121.23021462
Q4 2022	31.850608592	11.521345985	27.147825312	-0.011131847	47.60217868	121.08957612
Q1 2023	31.897867659	11.326849362	22.585387335	2.528812877	50.3904149	118.07738784
Q2 2023	32.116265109	11.601570953	23.167933749	5.147254213	42.56323762	117.10606306
Q3 2023	32.319631112	11.848677772	22.394062162	3.78885217	40.68429769	114.27181476
Q4 2023	32.307454965	11.97968253	36.824853882	2.900006905	22.7744511	110.11078764
Q1 2024	32.493901925	11.850139271	21.879558284	1.440092859	42.20914842	111.1091019

Get the data: NAQ04

	Building & Construction	Machinery & Equipment	Intangibles	Gross Domestic Fixed Capital Formation
Q1 2021	5.6550890598	5.3580132942	7.5568383732	18.569940727
Q2 2021	6.4083529623	5.4440198935	8.1141367966	19.966509652
Q3 2021	6.2669837612	4.3948168986	8.7821698102	19.44397047
Q4 2021	6.8145066823	5.3357861816	26.634597986	38.78489085
Q1 2022	6.5334599077	5.9773912049	8.992379926	21.503231039
Q2 2022	6.7151956273	7.267860288	11.432396117	25.415452032
Q3 2022	6.6300558906	7.1827193065	14.11906527	27.931840467
Q4 2022	6.2645709599	6.69964993	14.183604422	27.147825312
Q1 2023	6.826456578	6.687244693	9.0716860642	22.585387335
Q2 2023	6.4157275839	6.6664019427	10.085804222	23.167933749
Q3 2023	6.4037129819	6.2227843039	9.7675648761	22.394062162
Q4 2023	6.2468296174	6.3841082356	24.193916029	36.824853882
Q1 2024	5.8650023978	6.2860464763	9.7285094099	21.879558284

Get the data: NAQ04

Comparisons with Q1 2023

On the expenditure side of the accounts (Table 3.3), Capital Investment decreased by 6.7% compared to the same quarter of 2023. Personal Consumption showed an increase of 1.7% while Government expenditure grew by 3.8% over the same period. Exports of Goods and Services decreased by 0.4% (or €0.7 billion) while Imports of Goods and Services increased by 7.8% (or €8.6 billion) over the same period. Net Exports therefore decreased by 18.7% (or €9.2 billion) year-on-year.

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
2018	106,821	33,009	92,977	919	401,053	-307,985	648	327,441	-74,463	252,978
2019	111,572	36,192	193,410	1,784	456,153	-443,633	880	356,357	-80,774	275,584
2020	101,440	40,904	157,894	3,687	498,854	-428,237	708	375,250	-92,332	282,917
2021	114,120	44,490	96,941	5,545	580,522	-406,573	-975	434,070	-110,756	323,314
2022	132,927	48,826	109,525	10,543	694,051	-492,003	2,414	506,282	-143,407	362,876
2023	146,529	52,020	117,917	16,060	676,877	-507,710	2,926	504,620	-115,178	389,442

2018
Q1	25,671	8,031	15,504	1,861	91,974	-62,861	-785	79,395	-18,325	61,070
Q2	25,840	8,204	17,327	302	98,657	-70,602	-976	78,752	-17,522	61,230
Q3	26,838	8,494	19,383	12	100,917	-72,332	656	83,969	-17,821	66,148
Q4	28,472	8,279	40,763	-1,256	109,506	-102,191	1,753	85,325	-20,795	64,530
2019
Q1	26,923	8,753	17,708	1,035	106,896	-76,011	62	85,367	-19,885	65,482
Q2	27,130	9,010	60,913	-320	110,225	-121,872	-142	84,945	-21,364	63,581
Q3	27,909	9,221	21,832	1,174	115,276	-82,747	-656	92,009	-20,281	71,728
Q4	29,610	9,209	92,956	-106	123,756	-163,004	1,615	94,036	-19,244	74,792
2020
Q1	26,021	9,329	78,967	2,087	118,762	-142,369	1,141	93,938	-22,131	71,807
Q2	22,030	10,309	17,063	1,098	113,762	-78,986	-145	85,130	-21,533	63,597
Q3	26,316	10,374	23,885	405	121,362	-81,225	-977	100,140	-28,321	71,819
Q4	27,072	10,893	37,979	97	144,968	-125,657	690	96,042	-20,348	75,694
2021
Q1	23,728	10,663	17,568	2,289	131,923	-83,733	511	102,949	-30,196	72,753
Q2	27,599	11,151	19,455	185	139,717	-93,683	-1,286	103,138	-28,583	74,555
Q3	30,261	11,327	20,158	3,148	147,042	-95,889	-1,000	115,049	-28,442	86,607
Q4	32,531	11,348	39,760	-77	161,840	-133,268	799	112,934	-23,535	89,399
2022
Q1	29,696	11,699	21,834	1,710	156,827	-103,600	488	118,655	-36,220	82,435
Q2	31,804	11,986	26,760	4,110	168,526	-119,344	-1,803	122,039	-34,144	87,895
Q3	33,985	12,068	29,926	4,669	181,459	-129,893	1,808	134,023	-41,075	92,948
Q4	37,441	13,073	31,005	53	187,240	-139,166	1,921	131,565	-31,967	99,598
2023
Q1	33,704	12,406	23,889	2,669	172,171	-117,003	-1,885	125,951	-40,635	85,316
Q2	35,034	12,844	25,844	5,510	167,091	-121,208	313	125,429	-28,787	96,642
Q3	37,596	12,804	25,225	4,127	164,522	-118,510	2,685	128,450	-24,433	104,017
Q4	40,194	13,965	42,959	3,754	173,093	-150,989	1,813	124,790	-21,322	103,468
2024
Q1	35,833	13,142	24,232	1,659	174,021	-127,454	345	121,778	-22,952	98,826

Percentage change on corresponding period of previous year
2018	6.1	6.0	-5.7		11.3	4.5		9.7		7.0
2019	4.4	9.6	108.0		13.7	44.0		8.8		8.9
2020	-9.1	13.0	-18.4		9.4	-3.5		5.3		2.7
2021	12.5	8.8	-38.6		16.4	-5.1		15.7		14.3
2022	16.5	9.7	13.0		19.6	21.0		16.6		12.2
2023	10.2	6.5	7.7		-2.5	3.2		-0.3		7.3

2018
Q1	5.1	7.3	1.7		8.9	0.3		13.2		11.5
Q2	7.3	7.1	-67.4		13.5	-30.2		12.0		14.0
Q3	6.7	7.0	36.4		13.2	20.1		9.1		5.2
Q4	5.3	2.9	153.3		9.7	44.6		5.3		-0.9
2019
Q1	4.9	9.0	14.2		16.2	20.9		7.5		7.2
Q2	5.0	9.8	251.5		11.7	72.6		7.9		3.8
Q3	4.0	8.5	12.6		14.2	14.4		9.6		8.4
Q4	4.0	11.2	128.0		13.0	59.5		10.2		15.9
2020
Q1	-3.3	6.6	345.9		11.1	87.3		10.0		9.7
Q2	-18.8	14.4	-72.0		3.2	-35.2		0.2		0.0
Q3	-5.7	12.5	9.4		5.3	-1.8		8.8		0.1
Q4	-8.6	18.3	-59.1		17.1	-22.9		2.1		1.2
2021
Q1	-8.8	14.3	-77.8		11.1	-41.2		9.6		1.3
Q2	25.3	8.2	14.0		22.8	18.6		21.2		17.2
Q3	15.0	9.2	-15.6		21.2	18.1		14.9		20.6
Q4	20.2	4.2	4.7		11.6	6.1		17.6		18.1
2022
Q1	25.2	9.7	24.3		18.9	23.7		15.3		13.3
Q2	15.2	7.5	37.5		20.6	27.4		18.3		17.9
Q3	12.3	6.5	48.5		23.4	35.5		16.5		7.3
Q4	15.1	15.2	-22.0		15.7	4.4		16.5		11.4
2023
Q1	13.5	6.0	9.4		9.8	12.9		6.1		3.5
Q2	10.2	7.2	-3.4		-0.9	1.6		2.8		10.0
Q3	10.6	6.1	-15.7		-9.3	-8.8		-4.2		11.9
Q4	7.4	6.8	38.6		-7.6	8.5		-5.1		3.9
2024
Q1	6.3	5.9	1.4		1.1	8.9		-3.3		15.8

Open in Excel: Quarterly National Accounts Q1 2024 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 2021)¹

Table 3.3 Expenditure on Gross National Product at Constant Market Prices (Chain linked annually and referenced to year 2021)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
2018	113,866	35,225	97,068	814	404,306	-314,286	335,848	-75,170	260,722
2019	116,826	37,513	194,807	1,638	452,208	-447,303	353,640	-79,735	273,940
2020	105,236	41,863	162,652	3,645	504,350	-439,571	377,041	-93,242	283,779
2021	114,120	44,490	96,941	5,545	580,522	-406,573	434,070	-110,756	323,314
2022	124,827	46,062	101,867	10,042	661,345	-471,222	475,016	-139,112	335,903
2023	128,702	46,845	104,836	14,783	629,855	-473,135	459,821	-109,037	350,784

2018
Q1	27,656	8,482	16,226	1,578	92,422	-65,034	80,698	-18,439	62,264
Q2	27,486	8,793	18,024	278	99,984	-72,673	81,968	-17,782	64,205
Q3	28,448	9,091	20,133	51	100,854	-72,515	86,184	-17,834	68,383
Q4	30,276	8,858	42,685	-1,093	111,046	-104,065	86,999	-21,116	65,872
2019
Q1	28,411	9,143	18,365	954	104,876	-76,974	84,152	-19,431	64,719
Q2	28,327	9,274	62,019	-236	109,826	-123,586	85,519	-21,202	64,285
Q3	29,146	9,673	22,166	1,039	113,869	-84,156	91,617	-19,953	71,688
Q4	30,942	9,423	92,256	-119	123,637	-162,587	92,353	-19,149	73,248
2020
Q1	26,920	9,442	79,330	1,917	116,820	-144,206	91,174	-21,713	69,462
Q2	22,963	10,637	17,549	1,196	115,237	-79,936	87,211	-21,755	65,450
Q3	27,224	10,738	25,217	426	125,650	-83,916	102,015	-29,245	72,737
Q4	28,129	11,046	40,557	105	146,643	-131,513	96,642	-20,530	76,130
2021
Q1	24,125	11,031	17,545	2,208	131,918	-84,206	102,811	-30,136	72,702
Q2	27,810	11,128	19,225	142	143,586	-94,222	106,156	-29,316	76,855
Q3	30,084	10,875	19,470	3,220	146,895	-94,911	114,646	-28,357	86,283
Q4	32,101	11,456	40,701	-25	158,123	-133,235	110,456	-22,947	87,473
2022
Q1	28,609	10,986	20,430	1,672	150,995	-102,095	111,842	-35,471	76,371
Q2	30,197	11,439	25,042	3,974	162,274	-115,070	116,024	-33,443	82,581
Q3	31,841	11,698	27,979	4,303	172,324	-122,622	125,385	-39,677	85,708
Q4	34,180	11,939	28,417	93	175,752	-131,435	121,765	-30,521	91,244
2023
Q1	30,200	10,873	21,517	2,633	159,347	-109,887	114,870	-38,244	76,626
Q2	31,001	11,550	22,912	5,252	156,524	-113,786	115,636	-27,439	88,197
Q3	32,808	11,949	22,314	3,893	154,785	-110,225	118,108	-23,394	94,714
Q4	34,693	12,473	38,093	3,005	159,199	-139,237	111,207	-19,960	91,247
2024
Q1	30,714	11,288	20,980	1,545	158,687	-118,460	107,455	-21,299	86,155

Percentage change on corresponding period of previous year
2018	4.2	4.5	-8.2		9.8	2.5	8.5		5.9
2019	2.6	6.5	100.7		11.8	42.3	5.3		5.1
2020	-9.9	11.6	-16.5		11.5	-1.7	6.6		3.6
2021	8.4	6.3	-40.4		15.1	-7.5	15.1		13.9
2022	9.4	3.5	5.1		13.9	15.9	9.4		3.9
2023	3.1	1.7	2.9		-4.8	0.4	-3.2		4.4

2018
Q1	3.5	3.6	-1.6		9.5	0.7	11.5		9.4
Q2	5.6	6.3	-68.5		14.4	-30.8	12.6		14.6
Q3	4.6	6.2	32.6		10.6	15.7	7.2		3.7
Q4	3.3	2.2	153.2		5.6	39.7	3.5		-1.9
2019
Q1	2.7	7.8	13.2		13.5	18.4	4.3		3.9
Q2	3.1	5.5	244.1		9.8	70.1	4.3		0.1
Q3	2.5	6.4	10.1		12.9	16.1	6.3		4.8
Q4	2.2	6.4	116.1		11.3	56.2	6.2		11.2
2020
Q1	-5.2	3.3	332.0		11.4	87.3	8.3		7.3
Q2	-18.9	14.7	-71.7		4.9	-35.3	2.0		1.8
Q3	-6.6	11.0	13.8		10.3	-0.3	11.3		1.5
Q4	-9.1	17.2	-56.0		18.6	-19.1	4.6		3.9
2021
Q1	-10.4	16.8	-77.9		12.9	-41.6	12.8		4.7
Q2	21.1	4.6	9.5		24.6	17.9	21.7		17.4
Q3	10.5	1.3	-22.8		16.9	13.1	12.4		18.6
Q4	14.1	3.7	0.4		7.8	1.3	14.3		14.9
2022
Q1	18.6	-0.4	16.4		14.5	21.2	8.8		5.0
Q2	8.6	2.8	30.3		13.0	22.1	9.3		7.4
Q3	5.8	7.6	43.7		17.3	29.2	9.4		-0.7
Q4	6.5	4.2	-30.2		11.1	-1.4	10.2		4.3
2023
Q1	5.6	-1.0	5.3		5.5	7.6	2.7		0.3
Q2	2.7	1.0	-8.5		-3.5	-1.1	-0.3		6.8
Q3	3.0	2.1	-20.2		-10.2	-10.1	-5.8		10.5
Q4	1.5	4.5	34.0		-9.4	5.9	-8.7		0.0
2024
Q1	1.7	3.8	-2.5		-0.4	7.8	-6.5		12.4
¹Chain linked series not additive

Open in Excel: Quarterly National Accounts Q1 2024 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
2018
Q1	26,278	8,118	16,241	1,490	94,616	-64,181	80,538	-17,729	62,809
Q2	26,666	8,213	17,595	623	99,523	-70,668	81,437	-16,986	64,451
Q3	26,807	8,427	19,495	-797	101,592	-74,892	82,021	-17,533	64,489
Q4	26,933	8,239	39,556	-363	103,884	-96,995	83,070	-22,271	60,799
2019
Q1	27,812	8,863	18,559	604	108,281	-77,764	85,754	-19,255	66,499
Q2	27,945	9,008	61,330	60	111,907	-122,686	88,007	-20,858	67,149
Q3	27,723	9,173	21,835	298	115,324	-85,367	89,292	-19,795	69,497
Q4	27,928	9,129	91,528	849	119,749	-157,283	92,845	-20,898	71,947
2020
Q1	27,180	9,463	79,942	1,596	119,438	-144,319	93,973	-21,544	72,428
Q2	22,639	10,296	17,363	1,547	115,692	-79,963	88,107	-21,017	67,090
Q3	26,006	10,370	23,907	-538	121,899	-83,415	97,744	-27,603	70,140
Q4	25,469	10,730	36,601	1,098	140,067	-118,213	95,520	-22,181	73,340
2021
Q1	24,972	10,834	18,244	1,758	134,502	-86,963	103,367	-29,662	73,705
Q2	28,377	11,137	19,895	704	142,178	-95,100	106,598	-28,103	78,496
Q3	29,827	11,392	20,195	2,120	147,000	-98,711	111,423	-27,463	83,960
Q4	30,512	11,091	38,299	980	154,760	-124,132	111,840	-25,514	86,326
2022
Q1	31,389	11,906	22,669	1,150	160,588	-106,927	120,236	-35,781	84,456
Q2	32,733	11,982	27,178	4,672	171,466	-121,177	125,802	-33,649	92,152
Q3	33,487	12,197	30,052	3,573	181,662	-132,753	129,873	-39,934	89,939
Q4	35,013	12,694	29,701	1,169	180,355	-130,864	130,119	-34,014	96,105
2023
Q1	35,673	12,633	24,800	2,077	174,714	-120,683	127,326	-40,265	87,061
Q2	36,123	12,859	26,253	6,107	169,710	-123,119	128,925	-28,306	100,620
Q3	37,043	12,984	25,381	2,964	164,406	-122,190	123,969	-23,184	100,784
Q4	37,502	13,499	41,610	4,946	165,998	-141,235	123,547	-23,397	100,150
2024
Q1	37,959	13,388	24,943	1,013	176,869	-131,807	123,074	-22,636	100,438

Percentage change on previous quarter
2018
Q1	2.6	1.2	8.3		-1.2	-3.8	1.8		1.5
Q2	1.5	1.2	8.3		5.2	10.1	1.1		2.6
Q3	0.5	2.6	10.8		2.1	6.0	0.7		0.1
Q4	0.5	-2.2	102.9		2.3	29.5	1.3		-5.7
2019
Q1	3.3	7.6	-53.1		4.2	-19.8	3.2		9.4
Q2	0.5	1.6	230.5		3.3	57.8	2.6		1.0
Q3	-0.8	1.8	-64.4		3.1	-30.4	1.5		3.5
Q4	0.7	-0.5	319.2		3.8	84.2	4.0		3.5
2020
Q1	-2.7	3.7	-12.7		-0.3	-8.2	1.2		0.7
Q2	-16.7	8.8	-78.3		-3.1	-44.6	-6.2		-7.4
Q3	14.9	0.7	37.7		5.4	4.3	10.9		4.5
Q4	-2.1	3.5	53.1		14.9	41.7	-2.3		4.6
2021
Q1	-2.0	1.0	-50.2		-4.0	-26.4	8.2		0.5
Q2	13.6	2.8	9.0		5.7	9.4	3.1		6.5
Q3	5.1	2.3	1.5		3.4	3.8	4.5		7.0
Q4	2.3	-2.6	89.6		5.3	25.8	0.4		2.8
2022
Q1	2.9	7.4	-40.8		3.8	-13.9	7.5		-2.2
Q2	4.3	0.6	19.9		6.8	13.3	4.6		9.1
Q3	2.3	1.8	10.6		5.9	9.6	3.2		-2.4
Q4	4.6	4.1	-1.2		-0.7	-1.4	0.2		6.9
2023
Q1	1.9	-0.5	-16.5		-3.1	-7.8	-2.1		-9.4
Q2	1.3	1.8	5.9		-2.9	2.0	1.3		15.6
Q3	2.5	1.0	-3.3		-3.1	-0.8	-3.8		0.2
Q4	1.2	4.0	63.9		1.0	15.6	-0.3		-0.6
2024
Q1	1.2	-0.8	-40.1		6.5	-6.7	-0.4		0.3

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Table 3.5 Expenditure on Gross National Product at Constant Market Prices (Chain linked annually and referenced to year 2021)¹ - Seasonally Adjusted

Table 3.5 Expenditure on Gross National Product at Constant Market Prices (Chain linked annually and referenced to year 2021)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
2018
Q1	28,213	8,597	17,682	1,581	95,348	-66,249	82,959	-17,817	65,141
Q2	28,553	8,851	19,070	282	100,318	-72,593	84,409	-16,587	67,822
Q3	28,542	8,985	20,981	55	101,216	-75,353	84,741	-18,314	66,427
Q4	28,590	8,793	41,085	-1,090	106,373	-98,041	86,178	-22,551	63,627
2019
Q1	29,194	9,256	19,933	964	108,767	-78,843	87,188	-18,627	68,561
Q2	29,408	9,331	62,221	-227	111,109	-123,656	88,687	-20,040	68,647
Q3	29,078	9,580	22,731	1,048	114,532	-87,309	89,784	-20,477	69,307
Q4	29,117	9,336	89,166	-109	118,762	-155,328	91,492	-20,714	70,779
2020
Q1	27,907	9,570	79,112	1,877	121,146	-145,296	94,191	-20,764	73,427
Q2	23,855	10,683	18,325	1,156	115,956	-81,000	88,803	-20,539	68,264
Q3	26,968	10,684	25,388	385	125,532	-87,030	99,659	-29,797	69,862
Q4	26,321	10,868	38,055	65	141,777	-123,616	95,311	-22,257	73,054
2021
Q1	25,230	11,238	18,570	2,124	136,232	-87,301	105,474	-29,110	76,364
Q2	28,867	11,170	19,967	57	144,667	-95,497	107,985	-27,999	79,986
Q3	29,704	10,850	19,444	3,136	146,815	-98,208	111,195	-28,871	82,324
Q4	29,956	11,148	38,785	-110	152,067	-124,482	109,042	-24,852	84,190
2022
Q1	30,103	11,318	21,503	1,567	156,317	-105,720	115,199	-34,460	80,739
Q2	31,309	11,485	25,415	3,869	163,640	-116,423	117,655	-31,983	85,672
Q3	31,396	11,644	27,932	4,198	171,983	-126,443	121,230	-40,148	81,082
Q4	31,851	11,521	27,148	-11	170,067	-122,465	121,090	-32,557	88,532
2023
Q1	31,898	11,327	22,585	2,529	163,990	-113,599	118,077	-37,291	80,786
Q2	32,116	11,602	23,168	5,147	157,718	-115,155	117,106	-25,870	91,236
Q3	32,320	11,849	22,394	3,789	154,224	-113,540	114,272	-23,782	90,490
Q4	32,307	11,980	36,825	2,900	153,454	-130,679	110,111	-22,093	88,018
2024
Q1	32,494	11,850	21,880	1,440	164,636	-122,427	111,109	-20,433	90,676

Percentage change on previous quarter
2018
Q1	1.9	0.1	11.2		-5.3	-5.4	0.6		1.5
Q2	1.2	3.0	7.8		5.2	9.6	1.7		4.1
Q3	-0.0	1.5	10.0		0.9	3.8	0.4		-2.1
Q4	0.2	-2.1	95.8		5.1	30.1	1.7		-4.2
2019
Q1	2.1	5.3	-51.5		2.3	-19.6	1.2		7.8
Q2	0.7	0.8	212.2		2.2	56.8	1.7		0.1
Q3	-1.1	2.7	-63.5		3.1	-29.4	1.2		1.0
Q4	0.1	-2.6	292.3		3.7	77.9	1.9		2.1
2020
Q1	-4.2	2.5	-11.3		2.0	-6.5	2.9		3.7
Q2	-14.5	11.6	-76.8		-4.3	-44.3	-5.7		-7.0
Q3	13.1	0.0	38.5		8.3	7.4	12.2		2.3
Q4	-2.4	1.7	49.9		12.9	42.0	-4.4		4.6
2021
Q1	-4.1	3.4	-51.2		-3.9	-29.4	10.7		4.5
Q2	14.4	-0.6	7.5		6.2	9.4	2.4		4.7
Q3	2.9	-2.9	-2.6		1.5	2.8	3.0		2.9
Q4	0.8	2.8	99.5		3.6	26.8	-1.9		2.3
2022
Q1	0.5	1.5	-44.6		2.8	-15.1	5.6		-4.1
Q2	4.0	1.5	18.2		4.7	10.1	2.1		6.1
Q3	0.3	1.4	9.9		5.1	8.6	3.0		-5.4
Q4	1.4	-1.0	-2.8		-1.1	-3.1	-0.1		9.2
2023
Q1	0.1	-1.7	-16.8		-3.6	-7.2	-2.5		-8.7
Q2	0.7	2.4	2.6		-3.8	1.4	-0.8		12.9
Q3	0.6	2.1	-3.3		-2.2	-1.4	-2.4		-0.8
Q4	-0.0	1.1	64.4		-0.5	15.1	-3.6		-2.7
2024
Q1	0.6	-1.1	-40.6		7.3	-6.3	0.9		3.0
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
2018	3,869	3,223	14,485	1,387	26,492	17,152	43,520	92,977
2019	4,246	2,880	16,771	1,504	25,935	17,279	142,074	193,410
2020	4,392	2,705	15,441	1,162	17,782	10,168	116,412	157,894
2021	4,175	3,577	16,095	1,471	20,509	11,263	51,114	96,941
2022	6,963	4,220	16,746	1,876	28,640	14,319	51,080	109,525
2023	8,426	4,497	17,005	1,653	28,844	14,470	57,492	117,917

2018
Q1	804	882	2,719	296	5,660	2,820	5,144	15,504
Q2	975	841	3,179	344	5,913	3,462	6,074	17,327
Q3	1,083	779	4,026	344	6,478	4,299	6,673	19,383
Q4	1,007	721	4,562	403	8,442	6,571	25,628	40,763
	3,869	3,223	14,485	1,387	26,492	17,152	43,520	92,977
2019
Q1	938	699	3,179	332	6,353	3,618	6,207	17,708
Q2	992	683	3,505	341	6,114	4,259	49,279	60,913
Q3	1,224	808	4,653	381	6,203	4,241	8,563	21,832
Q4	1,092	691	5,435	450	7,264	5,161	78,024	92,956
	4,246	2,880	16,771	1,504	25,935	17,279	142,074	193,410
2020
Q1	1,157	491	3,737	375	n/a¹	n/a¹	n/a¹	78,967
Q2	680	550	2,434	193	n/a¹	n/a¹	n/a¹	17,063
Q3	1,153	774	4,375	216	4,710	2,469	12,656	23,885
Q4	1,403	889	4,895	378	6,065	4,355	24,349	37,979
	4,392	2,705	15,441	1,162	17,782	10,168	116,412	157,894
2021
Q1	862	609	2,687	332	5,208	2,763	7,869	17,568
Q2	1,037	911	3,247	360	5,299	3,180	8,602	19,455
Q3	1,001	950	4,683	332	3,917	1,387	9,275	20,158
Q4	1,274	1,107	5,478	447	6,085	3,934	25,368	39,760
	4,175	3,577	16,095	1,471	20,509	11,263	51,114	96,941
2022
Q1	1,387	925	3,340	413	6,053	2,886	9,716	21,834
Q2	1,820	1,014	3,751	434	7,742	3,391	11,999	26,760
Q3	1,859	1,096	4,756	586	6,991	3,315	14,638	29,926
Q4	1,896	1,186	4,899	443	7,854	4,728	14,727	31,005
	6,963	4,220	16,746	1,876	28,640	14,319	51,080	109,525
2023
Q1	1,830	1,074	3,597	400	7,186	3,130	9,801	23,889
Q2	1,922	1,055	3,859	394	7,548	3,972	11,066	25,844
Q3	2,347	1,124	4,726	419	6,141	2,372	10,467	25,225
Q4	2,327	1,243	4,822	440	7,969	4,996	26,158	42,959
	8,426	4,497	17,005	1,653	28,844	14,470	57,492	117,917
2024
Q1	1,727	953	3,208	360	6,921	1,778	11,063	24,232

Percentage change on corresponding period of previous year
2018	29.0	24.5	13.7	25.5	19.2	19.4	-23.6	-5.7
2019	9.7	-10.6	15.8	8.4	-2.1	0.7	226.5	108.0
2020	3.4	-6.1	-7.9	-22.8	-31.4	-41.2	-18.1	-18.4
2021	-5.0	32.3	4.2	26.6	15.3	10.8	-56.1	-38.6
2022	66.8	18.0	4.0	27.6	39.6	27.1	-0.1	13.0
2023	21.0	6.6	1.5	-11.9	0.7	1.1	12.6	7.7

2018
Q1	30.2	48.0	10.3	9.7	-7.5	-25.2	-0.8	1.7
Q2	44.0	39.9	17.8	42.2	-7.4	-22.2	-85.7	-67.4
Q3	25.3	25.7	17.2	37.8	61.6	99.6	32.6	36.4
Q4	19.9	-6.7	10.1	17.2	48.0	64.6	497.3	153.3
2019
Q1	16.6	-20.8	16.9	12.5	12.2	28.3	20.7	14.2
Q2	1.7	-18.9	10.3	-1.0	3.4	23.0	711.3	251.5
Q3	13.1	3.7	15.6	10.6	-4.2	-1.3	28.3	12.6
Q4	8.5	-4.1	19.1	11.6	-13.9	-21.5	204.4	128.0
2020
Q1	23.4	-29.8	17.6	12.7	n/a¹	n/a¹	n/a¹	345.9
Q2	-31.5	-19.4	-30.6	-43.3	n/a¹	n/a¹	n/a¹	-72.0
Q3	-5.9	-4.1	-6.0	-43.3	-24.1	-41.8	47.8	9.4
Q4	28.5	28.6	-9.9	-16.1	-16.5	-15.6	-68.8	-59.1
2021
Q1	-25.5	24.2	-28.1	-11.5	n/a¹	n/a¹	n/a¹	-77.8
Q2	52.6	65.6	33.4	86.3	n/a¹	n/a¹	n/a¹	14.0
Q3	-13.1	22.7	7.0	53.6	-16.8	-43.8	-26.7	-15.6
Q4	-9.2	24.4	11.9	18.4	0.3	-9.7	4.2	4.7
2022
Q1	60.9	51.9	24.3	24.5	16.2	4.5	23.5	24.3
Q2	75.5	11.2	15.5	20.5	46.1	6.6	39.5	37.5
Q3	85.6	15.3	1.6	76.7	78.5	139.0	57.8	48.5
Q4	48.8	7.1	-10.6	-0.9	29.1	20.2	-41.9	-22.0
2023
Q1	31.9	16.1	7.7	-3.0	18.7	8.5	0.9	9.4
Q2	5.6	4.1	2.9	-9.2	-2.5	17.2	-7.8	-3.4
Q3	26.3	2.6	-0.6	-28.5	-12.2	-28.4	-28.5	-15.7
Q4	22.7	4.9	-1.6	-0.6	1.5	5.7	77.6	38.6
2024
Q1	-5.6	-11.3	-10.8	-10.1	-3.7	-43.2	12.9	1.4
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 2021)¹ - Non-Seasonally Adjusted

Table 3.7 Components of Gross Domestic Fixed Capital Formation at Constant Prices (Chain linked annually and referenced to year 2021)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
2018	4,089	3,923	17,649	1,585	26,562	18,030	44,166	97,068
2019	4,634	3,287	19,154	1,656	25,999	17,972	138,436	194,807
2020	4,458	2,997	17,126	1,265	17,949	10,444	117,634	162,652
2021	4,175	3,577	16,095	1,471	20,509	11,263	51,114	96,941
2022	5,753	3,750	14,860	1,670	27,103	13,610	48,731	101,867
2023	6,296	3,745	14,267	1,427	25,953	12,867	53,147	104,836

2018
Q1	877	1,102	3,453	348	5,682	2,975	5,103	16,226
Q2	1,039	1,030	3,900	396	5,923	3,641	6,101	18,024
Q3	1,130	946	4,889	388	6,462	4,516	6,790	20,133
Q4	1,043	846	5,407	452	8,494	6,899	26,172	42,685
	4,089	3,923	17,649	1,585	26,562	18,030	44,166	97,068
2019
Q1	1,035	831	3,772	370	6,379	3,780	6,238	18,365
Q2	1,089	796	4,089	377	6,097	4,440	48,665	62,019
Q3	1,325	926	5,364	416	6,181	4,413	8,408	22,166
Q4	1,185	734	5,929	493	7,341	5,340	75,124	92,256
	4,634	3,287	19,154	1,656	25,999	17,972	138,436	194,807
2020
Q1	1,186	522	4,082	410	n/a²	n/a²	n/a²	79,330
Q2	692	679	2,900	211	n/a²	n/a²	n/a²	17,549
Q3	1,167	841	4,815	236	4,763	2,540	13,689	25,217
Q4	1,412	955	5,330	408	6,104	4,459	26,317	40,557
	4,458	2,997	17,126	1,265	17,949	10,444	117,634	162,652
2021
Q1	879	633	2,845	350	5,247	2,796	7,588	17,545
Q2	1,053	970	3,415	371	5,310	3,199	8,154	19,225
Q3	1,002	937	4,628	327	3,927	1,384	8,796	19,470
Q4	1,241	1,037	5,206	423	6,026	3,884	26,576	40,701
	4,175	3,577	16,095	1,471	20,509	11,263	51,114	96,941
2022
Q1	1,192	838	3,062	380	5,853	2,807	9,105	20,430
Q2	1,535	894	3,332	391	7,345	3,263	11,545	25,042
Q3	1,526	988	4,225	514	6,581	3,136	14,146	27,979
Q4	1,501	1,030	4,241	385	7,325	4,404	13,936	28,417
	5,753	3,750	14,860	1,670	27,103	13,610	48,731	101,867
2023
Q1	1,413	914	3,099	350	6,561	2,853	9,180	21,517
Q2	1,456	875	3,222	345	6,822	3,562	10,192	22,912
Q3	1,740	933	3,951	362	5,555	2,106	9,773	22,314
Q4	1,687	1,023	3,995	370	7,015	4,347	24,003	38,093
	6,296	3,745	14,267	1,427	25,953	12,867	53,147	104,836
2024
Q1	1,234	790	2,678	296	6,153	1,563	9,828	20,980

Percentage change on corresponding period of previous year
2018	24.9	15.8	5.8	15.5	18.8	18.2	-25.1	-8.2
2019	13.3	-16.2	8.5	4.5	-2.1	-0.3	213.4	100.7
2020	-3.8	-8.8	-10.6	-23.6	-31.0	-41.9	-15.0	-16.5
2021	-6.4	19.4	-6.0	16.2	14.3	7.8	-56.5	-40.4
2022	37.8	4.8	-7.7	13.5	32.1	20.8	-4.7	5.1
2023	9.4	-0.1	-4.0	-14.5	-4.2	-5.5	9.1	2.9

2018
Q1	23.2	38.4	4.6	-0.8	-7.7	-26.0	-5.3	-1.6
Q2	35.9	29.1	9.0	28.2	-7.3	-23.0	-86.2	-68.5
Q3	22.4	15.4	8.1	27.8	60.3	97.7	29.8	32.6
Q4	19.3	-13.2	2.2	10.6	46.9	63.2	510.9	153.2
2019
Q1	18.0	-24.6	9.2	6.2	12.3	27.1	22.2	13.2
Q2	4.8	-22.7	4.9	-4.8	2.9	22.0	697.7	244.1
Q3	17.3	-2.1	9.7	7.1	-4.3	-2.3	23.8	10.1
Q4	13.6	-13.3	9.7	9.1	-13.6	-22.6	187.0	116.1
2020
Q1	14.6	-37.1	8.2	10.8	n/a²	n/a²	n/a²	332.0
Q2	-36.5	-14.7	-29.1	-43.9	n/a²	n/a²	n/a²	-71.7
Q3	-11.9	-9.2	-10.2	-43.3	-22.9	-42.4	62.8	13.8
Q4	19.2	30.2	-10.1	-17.2	-16.8	-16.5	-65.0	-56.0
2021
Q1	-25.9	21.2	-30.3	-14.6	n/a²	n/a²	n/a²	-77.9
Q2	52.1	42.9	17.8	75.6	n/a²	n/a²	n/a²	9.5
Q3	-14.2	11.5	-3.9	38.6	-17.6	-45.5	-35.7	-22.8
Q4	-12.1	8.6	-2.3	3.5	-1.3	-12.9	1.0	0.4
2022
Q1	35.7	32.3	7.6	8.4	11.5	0.4	20.0	16.4
Q2	45.7	-7.8	-2.4	5.4	38.3	2.0	41.6	30.3
Q3	52.3	5.4	-8.7	57.5	67.6	126.6	60.8	43.7
Q4	20.9	-0.7	-18.5	-9.0	21.6	13.4	-47.6	-30.2
2023
Q1	18.5	9.1	1.2	-7.8	12.1	1.6	0.8	5.3
Q2	-5.1	-2.2	-3.3	-11.8	-7.1	9.2	-11.7	-8.5
Q3	14.1	-5.5	-6.5	-29.6	-15.6	-32.9	-30.9	-20.2
Q4	12.4	-0.7	-5.8	-3.8	-4.2	-1.3	72.2	34.0
2024
Q1	-12.6	-13.6	-13.6	-15.3	-6.2	-45.2	7.1	-2.5
¹Chain linked series not additive
²Data suppressed for confidentiality reasons

Open in Excel: Quarterly National Accounts Q1 2024 Table 3.7 (XLS 19KB)

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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 2021)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 2021)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
2018
Q1	5,445	5,725	5,072	16,241	6,680	5,712	5,290	17,682
Q2	5,820	5,691	6,084	17,595	6,948	5,809	6,313	19,070
Q3	5,838	6,979	6,677	19,495	6,786	7,207	6,988	20,981
Q4	5,767	8,071	25,719	39,556	6,725	7,917	26,443	41,085
2019
Q1	6,023	6,406	6,130	18,559	7,079	6,474	6,379	19,933
Q2	6,097	5,962	49,272	61,330	7,039	6,312	48,869	62,221
Q3	6,586	6,692	8,557	21,835	7,385	6,806	8,540	22,731
Q4	6,532	6,842	78,154	91,528	7,166	6,576	75,425	89,166
2020
Q1	6,836	n/a³	n/a³	79,942	7,450	n/a³	n/a³	79,112
Q2	4,279	n/a³	n/a³	17,363	4,990	n/a³	n/a³	18,325
Q3	6,036	5,214	12,657	23,907	6,443	5,281	13,664	25,388
Q4	6,489	5,628	24,484	36,601	6,995	5,459	25,601	38,055
2021
Q1	5,334	5,214	7,695	18,244	5,655	5,358	7,557	18,570
Q2	6,132	5,228	8,535	19,895	6,408	5,444	8,114	19,967
Q3	6,418	4,478	9,298	20,195	6,267	4,395	8,782	19,444
Q4	7,107	5,607	25,584	38,299	6,815	5,336	26,635	38,785
2022
Q1	7,178	6,016	9,475	22,669	6,533	5,977	8,992	21,503
Q2	7,671	7,613	11,894	27,178	6,715	7,268	11,432	25,415
Q3	7,687	7,658	14,708	30,052	6,630	7,183	14,119	27,932
Q4	7,320	7,375	15,006	29,701	6,265	6,700	14,184	27,148
2023
Q1	8,107	7,110	9,583	24,800	6,826	6,687	9,072	22,585
Q2	7,877	7,423	10,954	26,253	6,416	6,666	10,086	23,168
Q3	7,986	6,856	10,539	25,381	6,404	6,223	9,768	22,394
Q4	7,748	7,479	26,383	41,610	6,247	6,384	24,194	36,825
2024
Q1	7,305	6,804	10,834	24,943	5,865	6,286	9,729	21,880

Percentage change on previous quarter
2018
Q1	3.0	6.6	16.9	8.3	1.6	9.4	29.0	11.2
Q2	6.9	-0.6	20.0	8.3	4.0	1.7	19.3	7.8
Q3	0.3	22.6	9.7	10.8	-2.3	24.1	10.7	10.0
Q4	-1.2	15.6	285.2	102.9	-0.9	9.8	278.4	95.8
2019
Q1	4.4	-20.6	-76.2	-53.1	5.3	-18.2	-75.9	-51.5
Q2	1.2	-6.9	703.8	230.5	-0.6	-2.5	666.1	212.2
Q3	8.0	12.3	-82.6	-64.4	4.9	7.8	-82.5	-63.5
Q4	-0.8	2.2	813.3	319.2	-3.0	-3.4	783.2	292.3
2020
Q1	4.6	n/a³	n/a³	-12.7	4.0	n/a³	n/a³	-11.3
Q2	-37.4	n/a³	n/a³	-78.3	-33.0	n/a³	n/a³	-76.8
Q3	41.1	n/a³	n/a³	37.7	29.1	n/a³	n/a³	38.5
Q4	7.5	8.0	93.4	53.1	8.6	3.4	87.4	49.9
2021
Q1	-17.8	-7.4	-68.6	-50.2	-19.2	-1.9	-70.5	-51.2
Q2	15.0	0.3	10.9	9.0	13.3	1.6	7.4	7.5
Q3	4.7	-14.3	8.9	1.5	-2.2	-19.3	8.2	-2.6
Q4	10.7	25.2	175.2	89.6	8.7	21.4	203.3	99.5
2022
Q1	1.0	7.3	-63.0	-40.8	-4.1	12.0	-66.2	-44.6
Q2	6.9	26.6	25.5	19.9	2.8	21.6	27.1	18.2
Q3	0.2	0.6	23.7	10.6	-1.3	-1.2	23.5	9.9
Q4	-4.8	-3.7	2.0	-1.2	-5.5	-6.7	0.5	-2.8
2023
Q1	10.8	-3.6	-36.1	-16.5	9.0	-0.2	-36.0	-16.8
Q2	-2.8	4.4	14.3	5.9	-6.0	-0.3	11.2	2.6
Q3	1.4	-7.6	-3.8	-3.3	-0.2	-6.7	-3.2	-3.3
Q4	-3.0	9.1	150.3	63.9	-2.4	2.6	147.7	64.4
2024
Q1	-5.7	-9.0	-58.9	-40.1	-6.1	-1.5	-59.8	-40.6
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