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GDP by Sector

GDP by Sector

Decrease of 12.1% in GDP (seasonally adjusted) in Quarter 1

Online ISSN: 2009-5775
CSO statistical release, , 11am
Table 2.1 Gross Domestic Product1 by NACE Rev. 2 A10 Sector of Origin, Q1 20262
 Amount €mQuarterly % change
Industry (excl. Construction)33,532-35.0
Information and Communication30,395-2.0
Professional, Admin and Support Services14,6461.5
Distribution, Transport, Hotels and Restaurants13,6480.2
Public Admin, Education and Health12,154-0.1
Real Estate Activities7,748-0.3
Financial and Insurance Activities6,888-5.6
Construction3,6541.2
Arts, Entertainment and Other Services1,334-4.4
Agriculture, Forestry and Fishing1,133-5.3
Gross Domestic Product128,323-12.1
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 2023, seasonally adjusted

The MNE dominated sectors of the economy contracted by 27.1% in the first quarter of 2026. The Industry (excluding Construction) sector fell by 35.0% in the quarter, while the Information & Communication sector fell by 2.0% in the quarter. Overall, the non-MNE sectors increased by 0.4% in the quarter. Professional & Administrative Services rose by 1.5% in the quarter while Construction increased by 1.2% over the same period. More modest growth was recorded in the Distribution, Transport, Hotels & Restaurants sector which posted an increase of 0.2%. The domestic facing sectors which posted declines were Financial & Insurance (-5.6%), Agriculture, Forestry & Fishing (-5.3%), Arts & Entertainment (-4.4%), Real Estate activities (-0.3%) and Public Administration, Education & Health (-0.1%).

Column1Q1 2026Q4 2025
Industry (excl. Construction)33.531681807551.563496659
Information and Communication30.395145853431.0104853963
Professional, Admin and Support Services14.646199164614.4333151307
Distribution, Transport, Hotels and Restaurants13.647621726813.6241680443
Public Admin, Education and Health12.153500105612.1629397147
Real Estate Activities7.74784259327.7745433319
Financial and Insurance Activities6.88785789297.2966735126
Construction3.65380382423.612162101
Arts, Entertainment and Other Services1.33374184921.3951426808
Agriculture Forestry and Fishing1.13328932711.1963374083

Get the data: NAQ02

Column1Q1 2026
Industry (excl. Construction)-34.9701164968468
Financial & Insurance Activities-5.60276705534449
Agriculture, Forestry & Fishing-5.27009192913157
Arts, Entertainment & Other Services-4.40104316533358
Information & Communication-1.98429510224118
Real Estate Activities-0.343438033079624
Public Admin, Education & Health-0.0776096019664663
Distribution, Transport, Hotels & Restaurants0.172147630767161
Construction1.15281989112481
Professional, Admin & Support Services1.47494897722555
Agriculture, Forestry & FishingIndustry (excl. Construction)ConstructionDistribution, Transport, Hotels & RestaurantsInformation & CommunicationFinancial & Insurance ActivitiesReal Estate ActivitiesProfessional, Admin & Support ServicesPublic Admin, Education & HealthArts, Entertainment & Other Services
Q1 2023100100100100100100100100100100
Q2 2023110.42077059547999.296382416929895.4080908350991102.463085356462106.660708503596105.2595700696499.804560357332102.835846788804100.430083322613105.469122052078
Q3 202398.633551548574789.993668159187793.2557408317025103.68055040305106.3846139235495.2747848986038100.720421071544103.920667288442101.625984779476102.374968359193
Q4 202397.018872210060588.393518178166297.2426053485308102.915927980304106.234113701867102.22832107937999.1961558237895102.767207317949102.634537186952101.239846484978
Q1 2024101.53670299039381.674761233711193.5999503393812104.278206857187108.590823266195115.841190057782104.03008865805699.7730869955509101.816559277552102.472445092831
Q2 2024103.31503484789587.776716817133893.6438774419266102.419844925277103.527104872509113.165019590545104.771218412343106.70830606211101.93400684456294.8686325953353
Q3 2024104.015724159956100.019431670401101.042808287409102.482738369777112.722534322154118.703363009842107.316794088426110.000679008752102.64300466306793.4440786497636
Q4 2024101.275007953139105.252259293168100.456447665964103.00343941386119.930637779623114.123958219921107.340034660697103.009359265598103.39904303361394.6848372972822
Q1 2025102.882957225426121.199332330743106.854782409466104.585355644217122.248601749059116.650420153729108.718347323629104.051148612718104.30291395785295.706538081531
Q2 2025101.475009846138124.181387075312110.916393627841104.859240127193122.165989931497113.695379095369110.77810543231299.0093881870122103.74679190854893.7624657595846
Q3 2025106.330859829122.288202427028105.730427817995103.602217981282123.220251310593123.591589045238111.54567499156499.7759581514677103.10652491252995.6058341989565
Q4 2025109.239475365717117.685327040809102.493247144381107.557669705796128.560619170396126.664981372559113.312825889084100.195161887695103.02748047904794.1715673720128
Q1 2026103.48245459104376.5306310749432103.674809684521107.742827685903126.009597100787119.568237525559112.923666548623101.672989403187102.94752126153290.0270360424993

Comparisons with Q1 2025

Estimates for the first quarter of 2026 indicate that there was a decrease of 17.1% in GDP in real terms in Q1 2026 compared with Q1 2025. Gross Value Added (GVA) for the MNE-dominated sectors contracted by 28.5% in Q1 2026 compared with Q1 2025. The Industry (excluding Construction) sector decreased by 38.2% in Q1 compared with the equivalent quarter of 2025 while the Information and Communication sector rose by 3.2% year-on-year over the same period.

Of the domestic based economic sectors, the Financial & Insurance sector increased by 4.2% in Q1 2026 compared with Q1 2025 while the Real Estate activities sector grew by 3.7% over the same period. Growth was also recorded in Distribution, Transport, Hotels & Restaurants which rose by 3.3%. Contractions were seen in Arts & Entertainment (-5.6%), Professional & Administrative Services (-2.2%), Public Administration, Education & Health (-1.3%) and Agriculture, Forestry & Fishing (-0.3%).

Overall, the domestic based sectors grew by 1.4% year-on-year in the first quarter of 2026 compared with Q1 2025. (See Tables 2.3 and 6.2). 

Table 2.2 Gross Domestic Product by NACE Rev. 2 A10 Sector of Origin and Gross National Product at Current Market Prices

Table 2.3 Gross Domestic Product by NACE Rev. 2 A10 Sector of Origin and Gross National Product at Constant Market Prices (Chain linked annually and referenced to year 2023)

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

Table 2.5 Gross Domestic Product by NACE Rev. 2 A10 Sector of Origin and Gross National Product at Constant Market Prices (Chain linked annually and referenced to year 2023) - Seasonally Adjusted

For Updates Tables, please click in the following link: Quarterly National Accounts Q1 2026 Updates Tables (XLS 61KB)