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GDP - Expenditure

GDP - Expenditure

Personal Consumption Expenditure increased by 0.3% in Q1 2025

Online ISSN: 2009-5775
CSO statistical release, , 11am
Table 3.1 Expenditure Components of GDP1, Q1 20252
 Amount €mQuarterly % change
Personal Consumption of Goods and Services40,3560.3
Net Expenditure by Central and Local Government on Current Goods and Services14,262-1.3
Gross Domestic Fixed Capital Formation43,37570.7
Net Exports62,231 
     Exports of Goods and Services219,4989.6
     Less Imports of Goods and Services-157,26714.0
Gross Domestic Product152,9287.4
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 2023 and seasonally adjusted

On the expenditure side of the accounts (Table 3.5), Capital Investment increased by €12.7 billion in Q1 compared with the previous quarter and accounted for 41.4% of total domestic demand in Q1 2025.

Personal Consumption Expenditure increased by 0.3% in Q1 2025 compared to Q4 2024, while Government Expenditure decreased by 1.3% over the same period. There was an overall increase in real GDP of 7.4%.

Personal Consumption ExpenditureGovernment ExpenditureGross Fixed Capital FormationValue of Physical Changes in StocksNet ExportsGDP
Q1 202338.375191903612.833014525731.10520652970.823717070950.5779873899133.0047177253
Q2 202338.518122249913.042926272728.86411707463.536139969748.6424980662134.1834659832
Q3 202338.011827785313.232549148627.45190951034.306194794546.7639494805130.2773300133
Q4 202338.902632288914.069890398143.32623614310.621697137927.9056970075127.1653157594
Q1 202439.133890851613.491970558527.49092364771.091241368249.0691380624129.2472793831
Q2 202439.49294271313.924617833810.97659049861.823186663263.2195431896130.302689798
Q3 202439.53681998214.081979881129.58124672631.842490871247.792937476136.2522593283
Q4 202440.232642896914.451924283925.41576646560.500576180262.3382231141142.4002893466
Q1 202540.356290274414.261617149943.3746496048-4.737118067862.230840412152.9279175222

Get the data: NAQ04

Building & ConstructionMachinery & EquipmentIntangiblesGross Domestic Fixed Capital Formation
Q1 20239.45002668987.375299491214.344584387331.1052065297
Q2 20239.02154534327.602740068312.332830827928.8641170746
Q3 20238.80918487.003903560611.737776257827.4519095103
Q4 20238.96131892767.165940546426.942318357243.3262361431
Q1 20248.2409747875.284842088413.965106772227.4909236477
Q2 20248.54849545397.5820133937-5.15391834910.9765904986
Q3 20248.95684203117.485299547813.139105147329.5812467263
Q4 20248.63503496954.613545206412.167186289725.4157664656
Q1 20259.16715756496.887703654427.319788385343.3746496048

Get the data: NAQ04

Comparisons with Q1 2024

On the expenditure side of the accounts (Table 3.3), Capital Investment increased by €10.0 billion compared to the same quarter of 2024. Personal Consumption Expenditure showed an increase of 3.0% while Government Expenditure grew by 5.2% over the same period. Exports of Goods and Services increased by 21.6% (or €38.2 billion) while Imports of Goods and Services increased by 17.4% (or €21.9 billion) over the same period. Net Exports therefore increased by 32.2% (or €16.3 billion) year-on-year.

Table 3.2 Expenditure on Gross National Product at Current Market Prices

Table 3.3 Expenditure on Gross National Product at Constant Market Prices (Chain linked annually and referenced to year 2023)1

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

Table 3.5 Expenditure on Gross National Product at Constant Market Prices (Chain linked annually and referenced to year 2023)1 - Seasonally Adjusted

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

Table 3.7 Components of Gross Domestic Fixed Capital Formation at Constant Prices (Chain linked annually and referenced to year 2023)1 - Non-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 2023)1 - Seasonally Adjusted

FOR UPDATES TABLES, PLEASE CLICK ON THE FOLLOWING LINK: Quarterly National Accounts Q1 2025 Updates Tables (XLS 56KB)