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Quarterly National Accounts Quarter 2 2021

GDP - Expenditure

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Personal Consumption Expenditure increased by 12.6% in Q2

Table 3.1 Expenditure Components of GDP¹, Q2 2021²
	Amount €m	Quarterly % change
Personal Consumption of Goods and Services	26,569	12.6
Net Expenditure by Central and Local Government on Current Goods and Services	10,357	0.9
Gross Domestic Fixed Capital Formation	19,546	5.8
Net Exports	55,423
Exports of Goods and Services	147,757	6.4
Less Imports of Goods and Services	-92,335	5.4
Gross Domestic Product	109,378	6.3
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 2019 and seasonally adjusted.

Open in Excel: Quarterly National Accounts Q2 2021 Table 3.1 (XLS 11KB)

On the expenditure side of the accounts (Table 3.5), Capital Investment, showed an increase of €1.6 billion in Q2 compared with the previous quarter and accounted for 36.1% of total domestic demand in Q2 2021.

Personal Consumption Expenditure increased by 12.6% in Q2 compared to Q1, while Government expenditure showed an increase of 0.9% over the same period. Combining this with the growth in net exports, there was an overall increase in real GDP of 6.3% in Q2 compared to Q1.

	Personal Consumption Expenditure	Government Expenditure	Gross Fixed Capital Formation	Value of Physical Changes in Stocks	Net Exports	GDP
Q1 2019	27.922691125	8.9050372228	18.660852297	2.211871466	29.974467382	87.072767418
Q2 2019	27.845101426	8.9401775252	62.402556569	-0.1815074862	-10.24038778	89.512172542
Q3 2019	27.67176379	9.0938487066	21.258836841	0.9594943391	28.394351249	89.142002376
Q4 2019	27.495253823	8.950385231	88.626454905	0.9648944785	-35.87310364	90.627213679
Q1 2020	26.604121604	9.0806064416	81.3549687	1.3580355274	-25.69666497	93.021281032
Q2 2020	22.312753487	10.1629549	21.019276123	1.9828515231	36.626204115	90.299966388
Q3 2020	25.473287181	10.108914297	19.714580035	0.3417368528	45.683466828	99.193604736
Q4 2020	25.03165343	10.444758991	24.85758299	1.2314620139	31.94718334	94.655224005
Q1 2021	23.605227014	10.269780563	18.476189807	0.783275339	51.205268573	102.91627809
Q2 2021	26.569172148	10.357182867	19.546222182	1.2970727129	55.422750632	109.37809613

	Building & Construction	Machinery & Equipment	Intangibles	Machinery & Equipment + Intangibles	Gross Domestic Fixed Capital Formation
Q1 2019	6.0934373464	6.3373563341	6.230058616	0	18.660852297
Q2 2019	6.354911908	6.316967056	49.730677605	0	62.402556569
Q3 2019	6.7531022132	6.3578441341	8.1478904933	0	21.258836841
Q4 2019	6.4670136864	5.9282375274	76.231203691	0	88.626454905
Q1 2020	6.4545623752	0	0	74.9004063248	81.3549687
Q2 2020	4.6498303571	3.7938659067	12.575579859	0	21.019276123
Q3 2020	6.2605752263	5.0668841901	8.3871206185	0	19.714580035
Q4 2020	6.7759022533	0	0	18.0816807367	24.85758299
Q1 2021	4.7670651303	5.8034195871	7.9057050901	0	18.476189807
Q2 2021	5.8747558357	5.6264179771	8.0450483692	0	19.546222182

Comparisons with Q2 2020
On the expenditure side of the accounts (Table 3.3) Capital Investment contracted by €2.3 billion. Personal Consumption showed an increase of 19.4% reflecting ongoing lifting of COVID-19 related restrictions to economic activity while Government expenditure increased by 2.0% over the same period.

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
2015	91,345	27,966	63,200	4,552	320,565	-244,886	58	262,800	-62,043	200,757
2016	96,264	29,273	96,703	4,765	328,235	-285,882	699	270,058	-51,082	218,976
2017	99,462	31,027	98,709	4,222	359,655	-294,028	-2,123	296,925	-62,251	234,674
2018	105,365	32,787	92,117	974	401,001	-307,898	1,696	326,043	-74,655	251,388
2019	111,054	35,896	191,086	3,925	456,097	-443,544	2,012	356,526	-80,952	275,574
2020	100,158	40,415	147,738	4,698	488,877	-405,824	-3,193	372,869	-90,235	282,633

2015
Q1	21,902	6,875	11,987	621	74,441	-53,445	899	63,281	-16,320	46,960
Q2	21,960	6,941	13,704	932	78,174	-59,304	541	62,948	-11,711	51,237
Q3	22,835	6,987	14,161	2,317	81,927	-59,603	-756	67,869	-18,127	49,741
Q4	24,648	7,162	23,349	683	86,023	-72,534	-627	68,703	-15,884	52,819
2016
Q1	23,611	7,164	19,132	752	78,730	-66,004	1,038	64,423	-11,281	53,143
Q2	23,105	7,222	24,201	402	80,086	-72,531	780	63,266	-11,619	51,647
Q3	23,777	7,416	22,725	494	82,459	-68,438	107	68,541	-14,727	53,814
Q4	25,770	7,471	30,645	3,117	86,960	-78,909	-1,226	73,828	-13,456	60,372
2017
Q1	24,132	7,459	15,218	-625	84,294	-62,545	1,338	69,271	-15,412	53,860
Q2	23,749	7,636	53,057	1,914	86,740	-100,937	-2,480	69,679	-16,671	53,008
Q3	24,842	7,912	14,239	2,985	88,932	-60,009	-1,605	77,296	-14,204	63,092
Q4	26,740	8,020	16,195	-52	99,689	-70,537	625	80,679	-15,965	64,714
2018
Q1	25,301	7,977	15,268	2,308	91,974	-62,861	-656	79,310	-18,331	60,979
Q2	25,478	8,148	17,071	119	98,639	-70,555	-749	78,151	-17,597	60,554
Q3	26,482	8,439	19,170	-8	100,877	-72,259	1,877	84,578	-17,925	66,653
Q4	28,104	8,223	40,609	-1,446	109,512	-102,224	1,225	84,003	-20,801	63,202
2019
Q1	26,772	8,677	17,092	3,079	106,901	-76,016	-397	86,107	-19,890	66,217
Q2	26,960	8,937	60,361	-346	110,204	-121,822	408	84,701	-21,434	63,268
Q3	27,876	9,146	21,286	1,357	115,231	-82,669	960	93,185	-20,379	72,806
Q4	29,447	9,136	92,347	-165	123,761	-163,037	1,042	92,532	-19,249	73,283
2020
Q1	25,674	9,178	80,360	2,172	118,284	-142,207	-277	93,183	-21,246	71,937
Q2	21,662	10,201	19,346	1,791	112,390	-79,777	-1,052	84,562	-21,950	62,612
Q3	25,835	10,255	19,618	493	119,167	-74,430	23	100,960	-29,068	71,892
Q4	26,987	10,781	28,414	242	139,037	-109,411	-1,887	94,164	-17,971	76,193
2021
Q1	22,909	10,227	17,942	1,516	131,033	-82,422	361	101,566	-28,557	73,009
Q2	26,749	10,449	18,623	1,378	137,875	-92,650	-2,082	100,342	-29,282	71,060

Percentage change on corresponding period of previous year
2015	3.8	2.3	57.0		49.6	36.7		34.8		22.8
2016	5.4	4.7	53.0		2.4	16.7		2.8		9.1
2017	3.3	6.0	2.1		9.6	2.8		9.9		7.2
2018	5.9	5.7	-6.7		11.5	4.7		9.8		7.1
2019	5.4	9.5	107.4		13.7	44.1		9.3		9.6
2020	-9.8	12.6	-22.7		7.2	-8.5		4.6		2.6

2015
Q1	4.1	3.3	24.9		56.0	31.6		36.2		21.6
Q2	3.3	0.3	48.1		45.6	35.3		30.5		28.6
Q3	4.5	1.0	39.0		47.3	34.0		34.3		17.4
Q4	3.4	4.6	108.2		50.0	44.4		38.2		23.8
2016
Q1	7.8	4.2	59.6		5.8	23.5		1.8		13.2
Q2	5.2	4.0	76.6		2.4	22.3		0.5		0.8
Q3	4.1	6.1	60.5		0.6	14.8		1.0		8.2
Q4	4.6	4.3	31.3		1.1	8.8		7.5		14.3
2017
Q1	2.2	4.1	-20.5		7.1	-5.2		7.5		1.3
Q2	2.8	5.7	119.2		8.3	39.2		10.1		2.6
Q3	4.5	6.7	-37.3		7.8	-12.3		12.8		17.2
Q4	3.8	7.4	-47.2		14.6	-10.6		9.3		7.2
2018
Q1	4.8	6.9	0.3		9.1	0.5		14.5		13.2
Q2	7.3	6.7	-67.8		13.7	-30.1		12.2		14.2
Q3	6.6	6.7	34.6		13.4	20.4		9.4		5.6
Q4	5.1	2.5	150.8		9.9	44.9		4.1		-2.3
2019
Q1	5.8	8.8	11.9		16.2	20.9		8.6		8.6
Q2	5.8	9.7	253.6		11.7	72.7		8.4		4.5
Q3	5.3	8.4	11.0		14.2	14.4		10.2		9.2
Q4	4.8	11.1	127.4		13.0	59.5		10.2		16.0
2020
Q1	-4.1	5.8	370.2		10.6	87.1		8.2		8.6
Q2	-19.7	14.1	-67.9		2.0	-34.5		-0.2		-1.0
Q3	-7.3	12.1	-7.8		3.4	-10.0		8.3		-1.3
Q4	-8.4	18.0	-69.2		12.3	-32.9		1.8		4.0
2021
Q1	-10.8	11.4	-77.7		10.8	-42.0		9.0		1.5
Q2	23.5	2.4	-3.7		22.7	16.1		18.7		13.5

Open in Excel: Quarterly National Accounts Q2 2021 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 2019)¹

Table 3.3 Expenditure on Gross National Product at Constant Market Prices (Chain linked annually and referenced to year 2019)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
2015	96,218	29,470	70,225	3,801	322,930	-251,724	280,370	-63,153	216,759
2016	101,094	30,787	105,695	4,184	337,740	-299,581	286,096	-53,129	233,186
2017	103,405	31,960	105,063	3,692	370,287	-303,062	311,673	-64,740	247,007
2018	107,481	33,511	95,802	907	413,051	-313,118	339,817	-77,476	262,340
2019	111,054	35,896	191,086	3,925	456,097	-443,544	356,526	-80,952	275,574
2020	99,504	39,811	147,077	4,929	499,415	-410,530	377,444	-92,498	284,945

2015
Q1	23,271	7,276	13,637	510	75,439	-55,500	69,190	-16,708	52,287
Q2	23,130	7,327	15,548	747	78,370	-60,321	66,975	-11,853	55,246
Q3	23,893	7,368	16,093	1,964	82,644	-61,169	72,576	-18,466	53,838
Q4	25,924	7,499	24,948	581	86,477	-74,734	71,630	-16,125	55,388
2016
Q1	24,929	7,516	20,974	693	80,735	-70,355	68,366	-11,686	56,794
Q2	24,165	7,588	26,862	413	83,256	-76,163	67,682	-12,209	55,546
Q3	24,858	7,756	25,100	474	84,754	-71,550	71,433	-15,307	56,056
Q4	27,142	7,926	32,759	2,605	88,994	-81,513	78,615	-13,926	64,790
2017
Q1	25,297	7,769	16,333	-527	84,881	-63,790	72,453	-15,698	56,756
Q2	24,611	7,850	56,788	1,622	87,873	-103,783	73,051	-17,081	55,941
Q3	25,750	8,124	15,102	2,557	91,698	-61,870	81,581	-14,816	66,836
Q4	27,747	8,218	16,839	40	105,835	-73,619	84,588	-17,145	67,474
2018
Q1	26,081	8,037	15,933	2,053	94,489	-64,838	81,874	-18,963	62,908
Q2	25,929	8,338	17,708	109	102,160	-72,428	82,574	-18,358	64,221
Q3	26,852	8,680	19,851	40	102,984	-72,207	88,215	-18,441	69,794
Q4	28,619	8,456	42,309	-1,295	113,419	-103,645	87,154	-21,714	65,418
2019
Q1	26,982	8,781	17,525	3,031	105,701	-76,225	85,629	-19,690	65,939
Q2	26,905	8,897	61,096	-361	110,808	-122,581	85,843	-21,548	64,283
Q3	27,718	9,228	21,363	1,311	114,819	-83,277	93,491	-20,312	73,184
Q4	29,450	8,991	91,101	-56	124,768	-161,462	91,564	-19,403	72,168
2020
Q1	25,430	8,938	80,088	2,207	117,451	-143,110	91,165	-21,134	70,031
Q2	21,650	10,142	19,782	1,872	114,880	-80,436	87,024	-22,477	64,547
Q3	25,580	10,217	19,758	569	124,526	-75,557	103,590	-30,429	73,161
Q4	26,844	10,514	27,448	281	142,558	-111,427	95,665	-18,459	77,206
2021
Q1	22,412	10,109	17,458	1,572	134,777	-83,384	101,350	-29,424	71,927
Q2	25,853	10,346	18,085	1,303	146,337	-93,436	105,850	-31,134	74,716

Percentage change on corresponding period of previous year
2015	3.2	2.5	50.3		39.2	32.4	25.2		13.7
2016	5.1	4.5	50.5		4.6	19.0	2.0		7.6
2017	2.3	3.8	-0.6		9.6	1.2	8.9		5.9
2018	3.9	4.9	-8.8		11.5	3.3	9.0		6.2
2019	3.3	7.1	99.5		10.4	41.7	4.9		5.0
2020	-10.4	10.9	-23.0		9.5	-7.4	5.9		3.4

2015
Q1	3.6	2.6	22.3		44.7	27.8	29.1		15.7
Q2	2.7	-0.7	43.8		34.1	28.0	21.2		19.4
Q3	3.7	2.0	34.6		37.1	30.3	24.8		8.8
Q4	2.7	6.1	94.6		41.6	42.2	25.8		11.4
2016
Q1	7.1	3.3	53.8		7.0	26.8	-1.2		8.6
Q2	4.5	3.6	72.8		6.2	26.3	1.1		0.5
Q3	4.0	5.3	56.0		2.6	17.0	-1.6		4.1
Q4	4.7	5.7	31.3		2.9	9.1	9.8		17.0
2017
Q1	1.5	3.4	-22.1		5.1	-9.3	6.0		-0.1
Q2	1.8	3.4	111.4		5.5	36.3	7.9		0.7
Q3	3.6	4.7	-39.8		8.2	-13.5	14.2		19.2
Q4	2.2	3.7	-48.6		18.9	-9.7	7.6		4.1
2018
Q1	3.1	3.5	-2.4		11.3	1.6	13.0		10.8
Q2	5.4	6.2	-68.8		16.3	-30.2	13.0		14.8
Q3	4.3	6.8	31.4		12.3	16.7	8.1		4.4
Q4	3.1	2.9	151.3		7.2	40.8	3.0		-3.0
2019
Q1	3.5	9.2	10.0		11.9	17.6	4.6		4.8
Q2	3.8	6.7	245.0		8.5	69.2	4.0		0.1
Q3	3.2	6.3	7.6		11.5	15.3	6.0		4.9
Q4	2.9	6.3	115.3		10.0	55.8	5.1		10.3
2020
Q1	-5.8	1.8	357.0		11.1	87.7	6.5		6.2
Q2	-19.5	14.0	-67.6		3.7	-34.4	1.4		0.4
Q3	-7.7	10.7	-7.5		8.5	-9.3	10.8		-0.0
Q4	-8.8	16.9	-69.9		14.3	-31.0	4.5		7.0
2021
Q1	-11.9	13.1	-78.2		14.8	-41.7	11.2		2.7
Q2	19.4	2.0	-8.6		27.4	16.2	21.6		15.8
¹Chain linked series not additive

Open in Excel: Quarterly National Accounts Q2 2021 Table 3.3 (XLS 22KB)

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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
2015
Q1	22,388	6,947	12,571	292	76,044	-54,824	63,600	-16,127	47,473
Q2	22,686	6,946	13,480	851	78,070	-58,776	63,963	-11,415	52,548
Q3	23,046	6,926	14,591	2,033	81,742	-62,899	65,958	-18,144	47,813
Q4	23,230	7,146	22,437	1,420	84,157	-67,066	69,312	-16,357	52,955
2016
Q1	24,074	7,235	19,925	363	81,508	-68,434	65,014	-11,087	53,927
Q2	23,896	7,235	23,919	341	79,479	-71,519	64,766	-11,323	53,443
Q3	23,956	7,348	23,055	179	82,388	-71,849	66,271	-14,744	51,528
Q4	24,331	7,451	29,538	3,929	83,779	-73,798	73,188	-13,928	59,260
2017
Q1	24,597	7,536	16,207	-1,079	86,307	-64,740	69,784	-15,218	54,566
Q2	24,582	7,654	52,945	1,865	87,677	-100,570	72,204	-16,375	55,830
Q3	24,950	7,835	14,507	2,653	88,877	-64,031	74,302	-14,221	60,081
Q4	25,260	7,986	14,774	829	95,105	-64,163	79,572	-16,438	63,134
2018
Q1	25,893	8,078	16,546	1,790	94,487	-65,853	79,979	-18,138	61,841
Q2	26,335	8,167	17,097	78	99,658	-69,798	81,501	-17,300	64,201
Q3	26,509	8,355	19,339	-348	101,901	-76,320	81,519	-17,942	63,577
Q4	26,514	8,166	38,949	-505	103,607	-95,018	82,599	-21,274	61,325
2019
Q1	27,606	8,818	18,359	2,512	108,063	-79,254	86,014	-19,697	66,317
Q2	27,813	8,949	60,746	-395	112,071	-121,376	88,711	-21,137	67,574
Q3	27,789	9,058	21,338	1,021	115,885	-86,548	89,476	-20,396	69,079
Q4	27,722	9,050	90,411	824	119,311	-156,313	91,957	-19,722	72,235
2020
Q1	26,711	9,352	81,710	1,559	118,570	-145,422	92,545	-21,053	71,492
Q2	22,287	10,207	19,716	1,738	114,578	-79,120	88,646	-21,654	66,992
Q3	25,672	10,164	19,740	164	120,402	-78,339	97,111	-29,085	68,026
Q4	25,376	10,655	26,399	1,261	133,117	-101,512	93,896	-18,444	75,452
2021
Q1	23,984	10,442	19,022	873	133,226	-86,503	101,041	-28,363	72,678
Q2	27,466	10,451	19,260	1,317	140,818	-92,032	105,248	-28,986	76,262

Percentage change on previous quarter
2015
Q1	-0.1	1.7	20.1		35.0	17.3	26.3		10.8
Q2	1.3	-0.0	7.2		2.7	7.2	0.6		10.7
Q3	1.6	-0.3	8.2		4.7	7.0	3.1		-9.0
Q4	0.8	3.2	53.8		3.0	6.6	5.1		10.8
2016
Q1	3.6	1.2	-11.2		-3.1	2.0	-6.2		1.8
Q2	-0.7	-0.0	20.0		-2.5	4.5	-0.4		-0.9
Q3	0.2	1.6	-3.6		3.7	0.5	2.3		-3.6
Q4	1.6	1.4	28.1		1.7	2.7	10.4		15.0
2017
Q1	1.1	1.1	-45.1		3.0	-12.3	-4.7		-7.9
Q2	-0.1	1.6	226.7		1.6	55.3	3.5		2.3
Q3	1.5	2.4	-72.6		1.4	-36.3	2.9		7.6
Q4	1.2	1.9	1.8		7.0	0.2	7.1		5.1
2018
Q1	2.5	1.1	12.0		-0.7	2.6	0.5		-2.0
Q2	1.7	1.1	3.3		5.5	6.0	1.9		3.8
Q3	0.7	2.3	13.1		2.3	9.3	0.0		-1.0
Q4	0.0	-2.3	101.4		1.7	24.5	1.3		-3.5
2019
Q1	4.1	8.0	-52.9		4.3	-16.6	4.1		8.1
Q2	0.8	1.5	230.9		3.7	53.1	3.1		1.9
Q3	-0.1	1.2	-64.9		3.4	-28.7	0.9		2.2
Q4	-0.2	-0.1	323.7		3.0	80.6	2.8		4.6
2020
Q1	-3.6	3.3	-9.6		-0.6	-7.0	0.6		-1.0
Q2	-16.6	9.1	-75.9		-3.4	-45.6	-4.2		-6.3
Q3	15.2	-0.4	0.1		5.1	-1.0	9.5		1.5
Q4	-1.2	4.8	33.7		10.6	29.6	-3.3		10.9
2021
Q1	-5.5	-2.0	-27.9		0.1	-14.8	7.6		-3.7
Q2	14.5	0.1	1.3		5.7	6.4	4.2		4.9

Open in Excel: Quarterly National Accounts Q2 2021 Table 3.4 (XLS 18KB)

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Table 3.5 Expenditure on Gross National Product at Constant Market Prices (Chain linked annually and referenced to year 2019)¹ - Seasonally Adjusted

Table 3.5 Expenditure on Gross National Product at Constant Market Prices (Chain linked annually and referenced to year 2019)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
2015
Q1	23,768	7,340	14,166	314	76,880	-56,453	69,343	-16,579	52,764
Q2	23,990	7,331	15,901	878	77,490	-59,226	67,969	-11,536	56,433
Q3	24,242	7,323	16,432	1,477	82,210	-64,357	69,521	-18,586	50,935
Q4	24,403	7,462	23,660	1,212	82,885	-69,518	71,144	-16,452	54,692
2016
Q1	25,375	7,588	21,521	360	82,394	-71,952	68,493	-11,556	56,937
Q2	25,111	7,611	27,187	638	82,944	-75,039	69,877	-11,892	57,985
Q3	25,115	7,702	25,348	-131	85,110	-75,327	68,657	-15,427	53,230
Q4	25,527	7,868	30,857	3,445	85,177	-75,716	77,511	-14,253	63,258
2017
Q1	25,752	7,859	17,288	-1,056	87,974	-66,118	73,405	-15,569	57,836
Q2	25,596	7,898	56,992	1,888	88,403	-102,801	76,196	-16,764	59,432
Q3	25,903	8,027	15,459	1,959	92,356	-65,743	78,043	-14,936	63,107
Q4	26,059	8,164	14,826	1,021	100,741	-66,836	82,918	-17,472	65,447
2018
Q1	26,711	8,152	17,019	1,352	97,685	-67,777	82,781	-18,833	63,948
Q2	26,924	8,387	18,486	359	102,952	-71,262	85,703	-18,041	67,663
Q3	26,908	8,552	19,996	-472	103,937	-76,245	84,380	-18,561	65,819
Q4	26,809	8,419	39,762	-240	107,915	-95,865	86,183	-22,041	64,142
2019
Q1	27,923	8,905	18,661	2,212	109,640	-79,665	87,073	-19,560	67,513
Q2	27,845	8,940	62,403	-182	111,635	-121,876	89,512	-21,230	68,282
Q3	27,672	9,094	21,259	959	115,967	-87,572	89,142	-20,432	68,710
Q4	27,495	8,950	88,626	965	118,383	-154,256	90,627	-19,730	70,897
2020
Q1	26,604	9,081	81,355	1,358	121,565	-147,261	93,021	-21,005	72,016
Q2	22,313	10,163	21,019	1,983	115,975	-79,348	90,300	-22,159	68,141
Q3	25,473	10,109	19,715	342	125,922	-80,239	99,194	-30,549	68,645
Q4	25,032	10,445	24,858	1,231	135,346	-103,399	94,655	-18,786	75,869
2021
Q1	23,605	10,270	18,476	783	138,814	-87,609	102,916	-29,294	73,622
Q2	26,569	10,357	19,546	1,297	147,757	-92,335	109,378	-30,817	78,562

Percentage change on previous quarter
2015
Q1	-0.1	4.0	20.5		29.2	17.0	22.6		8.3
Q2	0.9	-0.1	12.3		0.8	4.9	-2.0		7.0
Q3	1.0	-0.1	3.3		6.1	8.7	2.3		-9.7
Q4	0.7	1.9	44.0		0.8	8.0	2.3		7.4
2016
Q1	4.0	1.7	-9.0		-0.6	3.5	-3.7		4.1
Q2	-1.0	0.3	26.3		0.7	4.3	2.0		1.8
Q3	0.0	1.2	-6.8		2.6	0.4	-1.7		-8.2
Q4	1.6	2.2	21.7		0.1	0.5	12.9		18.8
2017
Q1	0.9	-0.1	-44.0		3.3	-12.7	-5.3		-8.6
Q2	-0.6	0.5	229.7		0.5	55.5	3.8		2.8
Q3	1.2	1.6	-72.9		4.5	-36.0	2.4		6.2
Q4	0.6	1.7	-4.1		9.1	1.7	6.2		3.7
2018
Q1	2.5	-0.1	14.8		-3.0	1.4	-0.2		-2.3
Q2	0.8	2.9	8.6		5.4	5.1	3.5		5.8
Q3	-0.1	2.0	8.2		1.0	7.0	-1.5		-2.7
Q4	-0.4	-1.5	98.8		3.8	25.7	2.1		-2.5
2019
Q1	4.2	5.8	-53.1		1.6	-16.9	1.0		5.3
Q2	-0.3	0.4	234.4		1.8	53.0	2.8		1.1
Q3	-0.6	1.7	-65.9		3.9	-28.1	-0.4		0.6
Q4	-0.6	-1.6	316.9		2.1	76.1	1.7		3.2
2020
Q1	-3.2	1.5	-8.2		2.7	-4.5	2.6		1.6
Q2	-16.1	11.9	-74.2		-4.6	-46.1	-2.9		-5.4
Q3	14.2	-0.5	-6.2		8.6	1.1	9.8		0.7
Q4	-1.7	3.3	26.1		7.5	28.9	-4.6		10.5
2021
Q1	-5.7	-1.7	-25.7		2.6	-15.3	8.7		-3.0
Q2	12.6	0.9	5.8		6.4	5.4	6.3		6.7
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
2015	1,492	1,856	9,917	911	15,639	6,377	33,385	63,200
2016	2,036	2,196	11,169	1,147	19,625	10,484	60,528	96,703
2017	3,059	2,589	12,734	1,106	22,174	14,370	57,047	98,709
2018	3,649	3,223	14,512	1,386	26,495	17,153	42,853	92,117
2019	4,497	2,809	16,932	1,506	25,013	17,279	140,329	191,086
2020	4,657	2,642	16,691	1,163	17,818	10,132	104,767	147,738

2015
Q1	303	461	1,874	242	4,159	1,427	4,949	11,987
Q2	330	448	2,214	204	4,085	1,934	6,423	13,704
Q3	461	445	2,614	220	3,360	1,002	7,062	14,161
Q4	398	503	3,216	245	4,035	2,013	14,952	23,349
	1,492	1,856	9,917	911	15,639	6,377	33,385	63,200
2016
Q1	459	478	1,874	260	4,982	2,329	11,078	19,132
Q2	522	565	2,437	262	4,853	2,811	15,562	24,201
Q3	544	588	3,154	314	4,591	2,285	13,534	22,725
Q4	511	564	3,704	311	5,200	3,059	20,354	30,645
	2,036	2,196	11,169	1,147	19,625	10,484	60,528	96,703
2017
Q1	630	596	2,419	270	6,110	3,770	5,194	15,218
Q2	691	601	2,650	242	6,376	4,453	42,497	53,057
Q3	882	620	3,441	250	3,999	2,154	5,048	14,239
Q4	857	773	4,224	344	5,689	3,993	4,308	16,195
	3,059	2,589	12,734	1,106	22,174	14,370	57,047	98,709
2018
Q1	758	882	2,686	295	5,659	2,820	4,988	15,268
Q2	920	841	3,140	344	5,914	3,463	5,912	17,071
Q3	1,021	779	4,041	344	6,479	4,299	6,505	19,170
Q4	950	721	4,645	403	8,442	6,571	25,448	40,609
	3,649	3,223	14,512	1,386	26,495	17,153	42,853	92,117
2019
Q1	993	682	3,184	333	6,105	3,618	5,796	17,092
Q2	1,051	666	3,521	341	5,942	4,259	48,840	60,361
Q3	1,297	788	4,693	381	6,006	4,241	8,121	21,286
Q4	1,157	674	5,533	451	6,960	5,161	77,573	92,347
	4,497	2,809	16,932	1,506	25,013	17,279	140,329	191,086
2020
Q1	1,227	479	3,944	378	n/a¹	n/a¹	n/a¹	80,360
Q2	721	538	2,575	195	3,288	1,881	12,030	19,346
Q3	1,222	756	4,744	210	4,654	2,374	8,032	19,618
Q4	1,488	869	5,429	381	n/a¹	n/a¹	n/a¹	28,414
	4,657	2,642	16,691	1,163	17,818	10,132	104,767	147,738
2021
Q1	986	507	2,754	327	5,418	2,769	7,950	17,942
Q2	1,194	787	3,028	356	4,983	2,867	8,275	18,623

Percentage change on corresponding period of previous year
2015	36.1	-3.4	14.1	9.3	-1.4	-16.9	182.1	57.0
2016	36.5	18.3	12.6	26.0	25.5	64.4	81.3	53.0
2017	50.2	17.9	14.0	-3.6	13.0	37.1	-5.8	2.1
2018	19.3	24.5	14.0	25.3	19.5	19.4	-24.9	-6.7
2019	23.3	-12.8	16.7	8.7	-5.6	0.7	227.5	107.4
2020	3.6	-6.0	-1.4	-22.8	-28.8	-41.4	-25.3	-22.7

2015
Q1	30.0	-4.6	11.3	48.6	0.6	-22.4	70.7	24.9
Q2	22.9	-10.4	12.3	20.6	21.0	9.5	116.6	48.1
Q3	51.5	-9.8	10.3	-2.1	-18.4	-47.5	163.7	39.0
Q4	36.9	12.6	20.5	-11.7	-4.8	-6.6	354.4	108.2
2016
Q1	51.6	3.8	0.0	7.4	19.8	63.2	123.9	59.6
Q2	58.0	26.3	10.1	28.5	18.8	45.3	142.3	76.6
Q3	18.2	32.3	20.7	42.7	36.6	128.0	91.6	60.5
Q4	28.3	12.2	15.2	27.2	28.9	51.9	36.1	31.3
2017
Q1	37.1	24.6	29.1	3.6	22.6	61.9	-53.1	-20.5
Q2	32.5	6.3	8.7	-7.7	31.4	58.4	173.1	119.2
Q3	62.0	5.4	9.1	-20.3	-12.9	-5.8	-62.7	-37.3
Q4	67.6	36.9	14.0	10.7	9.4	30.6	-78.8	-47.2
2018
Q1	20.4	48.0	11.0	9.5	-7.4	-25.2	-4.0	0.3
Q2	33.1	39.9	18.5	42.0	-7.2	-22.2	-86.1	-67.8
Q3	15.8	25.7	17.5	37.6	62.0	99.6	28.9	34.6
Q4	10.9	-6.7	10.0	17.0	48.4	64.6	490.7	150.8
2019
Q1	31.0	-22.7	18.5	12.8	7.9	28.3	16.2	11.9
Q2	14.2	-20.9	12.1	-0.8	0.5	23.0	726.1	253.6
Q3	27.0	1.1	16.1	10.9	-7.3	-1.3	24.8	11.0
Q4	21.8	-6.5	19.1	11.9	-17.6	-21.5	204.8	127.4
2020
Q1	23.5	-29.7	23.8	13.6	n/a¹	n/a¹	n/a¹	370.2
Q2	-31.4	-19.3	-26.9	-42.9	-44.7	-55.8	-75.4	-67.9
Q3	-5.7	-4.0	1.1	-45.0	-22.5	-44.0	-1.1	-7.8
Q4	28.6	28.8	-1.9	-15.6	n/a¹	n/a¹	n/a¹	-69.2
2021
Q1	-19.6	5.9	-30.2	-13.5	n/a¹	n/a¹	n/a¹	-77.7
Q2	65.8	46.5	17.6	82.7	51.5	52.5	-31.2	-3.7
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 2019)¹ - Non-Seasonally Adjusted

Table 3.7 Components of Gross Domestic Fixed Capital Formation at Constant Prices (Chain linked annually and referenced to year 2019)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
2015	1,670	2,395	12,813	1,201	15,804	6,666	36,736	70,225
2016	2,237	2,668	13,581	1,416	19,968	10,854	65,703	105,695
2017	3,241	2,969	14,606	1,247	22,289	14,671	60,571	105,063
2018	4,005	3,438	15,482	1,438	26,557	17,335	44,634	95,802
2019	4,497	2,809	16,932	1,506	25,013	17,279	140,329	191,086
2020	4,335	2,574	16,261	1,151	17,941	10,006	104,816	147,077

2015
Q1	358	617	2,511	331	4,227	1,500	5,565	13,637
Q2	379	585	2,900	273	4,124	2,025	7,312	15,548
Q3	511	578	3,399	285	3,389	1,044	8,123	16,093
Q4	421	615	4,003	313	4,064	2,097	15,735	24,948
	1,670	2,395	12,813	1,201	15,804	6,666	36,736	70,225
2016
Q1	504	594	2,345	333	5,069	2,415	11,975	20,974
Q2	563	687	2,983	332	4,948	2,912	17,257	26,862
Q3	608	729	3,886	381	4,688	2,368	14,904	25,100
Q4	563	657	4,367	370	5,264	3,160	21,567	32,759
	2,237	2,668	13,581	1,416	19,968	10,854	65,703	105,695
2017
Q1	705	698	2,839	319	6,139	3,863	5,537	16,333
Q2	757	699	3,077	281	6,370	4,547	45,237	56,788
Q3	913	718	3,968	276	4,017	2,196	5,383	15,102
Q4	865	854	4,722	371	5,764	4,065	4,414	16,839
	3,241	2,969	14,606	1,247	22,289	14,671	60,571	105,063
2018
Q1	859	965	2,986	316	5,681	2,860	5,077	15,933
Q2	1,018	902	3,373	359	5,923	3,501	6,092	17,708
Q3	1,107	829	4,298	352	6,462	4,341	6,791	19,851
Q4	1,021	742	4,825	410	8,491	6,633	26,674	42,309
	4,005	3,438	15,482	1,438	26,557	17,335	44,634	95,802
2019
Q1	1,004	711	3,315	337	6,117	3,634	5,974	17,525
Q2	1,057	681	3,603	343	5,917	4,269	49,509	61,096
Q3	1,286	791	4,739	378	5,975	4,242	8,186	21,363
Q4	1,150	625	5,275	448	7,003	5,134	76,660	91,101
	4,497	2,809	16,932	1,506	25,013	17,279	140,329	191,086
2020
Q1	1,153	443	3,745	376	n/a²	n/a²	n/a²	80,088
Q2	673	578	2,675	194	3,312	1,863	12,352	19,782
Q3	1,135	722	4,583	208	4,697	2,349	8,414	19,758
Q4	1,373	831	5,258	373	n/a²	n/a²	n/a²	27,448
	4,335	2,574	16,261	1,151	17,941	10,006	104,816	147,077
2021
Q1	904	466	2,585	316	5,545	2,720	7,642	17,458
Q2	1,092	778	3,005	336	5,051	2,799	7,822	18,085

Percentage change on corresponding period of previous year
2015	34.5	-8.5	8.1	-0.2	-3.2	-18.4	167.5	50.3
2016	34.0	11.4	6.0	17.9	26.4	62.8	78.9	50.5
2017	44.9	11.3	7.5	-11.9	11.6	35.2	-7.8	-0.6
2018	23.6	15.8	6.0	15.3	19.1	18.2	-26.3	-8.8
2019	12.3	-18.3	9.4	4.7	-5.8	-0.3	214.4	99.5
2020	-3.6	-8.4	-4.0	-23.6	-28.3	-42.1	-25.3	-23.0

2015
Q1	29.3	-9.4	5.6	27.9	-1.0	-23.6	72.8	22.3
Q2	22.6	-12.8	8.2	7.0	18.4	7.7	109.5	43.8
Q3	49.3	-15.7	3.7	-9.2	-20.0	-48.6	153.1	34.6
Q4	34.7	6.3	13.9	-16.8	-6.4	-8.6	312.7	94.6
2016
Q1	40.6	-3.7	-6.6	0.7	19.9	61.0	115.2	53.8
Q2	48.3	17.5	2.9	21.7	20.0	43.8	136.0	72.8
Q3	18.9	26.1	14.3	33.6	38.3	126.8	83.5	56.0
Q4	33.7	7.0	9.1	18.2	29.5	50.7	37.1	31.3
2017
Q1	40.0	17.4	21.1	-4.1	21.1	60.0	-53.8	-22.1
Q2	34.5	1.7	3.1	-15.4	28.7	56.2	162.1	111.4
Q3	50.3	-1.6	2.1	-27.6	-14.3	-7.3	-63.9	-39.8
Q4	53.7	29.9	8.1	0.3	9.5	28.6	-79.5	-48.6
2018
Q1	21.9	38.3	5.2	-1.0	-7.5	-26.0	-8.3	-2.4
Q2	34.5	29.1	9.6	28.0	-7.0	-23.0	-86.5	-68.8
Q3	21.1	15.5	8.3	27.6	60.8	97.7	26.1	31.4
Q4	18.0	-13.2	2.2	10.4	47.3	63.2	504.3	151.3
2019
Q1	16.9	-26.3	11.0	6.5	7.7	27.1	17.7	10.0
Q2	3.9	-24.5	6.8	-4.6	-0.1	21.9	712.7	245.0
Q3	16.2	-4.5	10.3	7.3	-7.5	-2.3	20.5	7.6
Q4	12.6	-15.7	9.3	9.3	-17.5	-22.6	187.4	115.3
2020
Q1	14.8	-37.7	13.0	11.6	n/a²	n/a²	n/a²	357.0
Q2	-36.3	-15.2	-25.8	-43.5	-44.0	-56.4	-75.1	-67.6
Q3	-11.7	-8.8	-3.3	-45.1	-21.4	-44.6	2.8	-7.5
Q4	19.4	32.9	-0.3	-16.7	n/a²	n/a²	n/a²	-69.9
2021
Q1	-21.6	5.2	-31.0	-16.0	n/a²	n/a²	n/a²	-78.2
Q2	62.2	34.8	12.4	73.4	52.5	50.3	-36.7	-8.6
¹Chain linked series not additive
²Data suppressed for confidentiality reasons

Open in Excel: Quarterly National Accounts Q2 2021 Table 3.7 (XLS 20KB)

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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 2019)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 2019)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
2015
Q1	3,393	4,075	5,103	12,571	4,404	3,901	5,860	14,166
Q2	3,472	3,910	6,097	13,480	4,492	3,844	7,564	15,901
Q3	3,498	3,850	7,243	14,591	4,430	3,886	8,116	16,432
Q4	3,762	3,744	14,932	22,437	4,655	3,714	15,291	23,660
2016
Q1	3,602	4,972	11,351	19,925	4,367	4,915	12,239	21,521
Q2	4,092	4,691	15,137	23,919	4,944	4,781	17,462	27,187
Q3	4,320	5,081	13,654	23,055	5,208	5,269	14,872	25,348
Q4	4,372	4,840	20,327	29,538	5,165	4,605	21,087	30,857
2017
Q1	4,530	6,081	5,596	16,207	5,243	6,219	5,825	17,288
Q2	4,597	6,305	42,042	52,945	5,290	6,365	45,337	56,992
Q3	4,887	4,469	5,151	14,507	5,496	4,584	5,380	15,459
Q4	5,354	5,277	4,143	14,774	5,933	4,924	3,969	14,826
2018
Q1	5,319	5,666	5,561	16,546	5,865	5,794	5,359	17,019
Q2	5,755	5,877	5,465	17,097	6,202	5,954	6,331	18,486
Q3	5,825	6,960	6,553	19,339	6,173	7,040	6,783	19,996
Q4	5,780	7,964	25,206	38,949	6,080	7,535	26,148	39,762
2019
Q1	5,882	6,049	6,427	18,359	6,093	6,337	6,230	18,661
Q2	6,266	6,041	48,438	60,746	6,355	6,317	49,731	62,403
Q3	6,753	6,436	8,148	21,338	6,753	6,358	8,148	21,259
Q4	6,702	6,425	77,285	90,411	6,467	5,928	76,231	88,626
2020
Q1	6,765	n/a³	n/a³	81,710	6,455	n/a³	n/a³	81,355
Q2	4,581	3,478	11,657	19,716	4,650	3,794	12,576	21,019
Q3	6,543	5,107	8,090	19,740	6,261	5,067	8,387	19,715
Q4	7,063	n/a³	n/a³	26,399	6,776	n/a³	n/a³	24,858
2021
Q1	5,053	5,365	8,604	19,022	4,767	5,803	7,906	18,476
Q2	6,103	5,235	7,922	19,260	5,875	5,626	8,045	19,546

Percentage change on previous quarter
2015
Q1	6.2	1.1	57.3	20.1	6.0	-7.5	73.2	20.5
Q2	2.3	-4.0	19.5	7.2	2.0	-1.5	29.1	12.3
Q3	0.7	-1.6	18.8	8.2	-1.4	1.1	7.3	3.3
Q4	7.5	-2.7	106.1	53.8	5.1	-4.4	88.4	44.0
2016
Q1	-4.2	32.8	-24.0	-11.2	-6.2	32.3	-20.0	-9.0
Q2	13.6	-5.7	33.4	20.0	13.2	-2.7	42.7	26.3
Q3	5.6	8.3	-9.8	-3.6	5.3	10.2	-14.8	-6.8
Q4	1.2	-4.7	48.9	28.1	-0.8	-12.6	41.8	21.7
2017
Q1	3.6	25.6	-72.5	-45.1	1.5	35.1	-72.4	-44.0
Q2	1.5	3.7	651.2	226.7	0.9	2.3	678.3	229.7
Q3	6.3	-29.1	-87.7	-72.6	3.9	-28.0	-88.1	-72.9
Q4	9.6	18.1	-19.6	1.8	7.9	7.4	-26.2	-4.1
2018
Q1	-0.6	7.4	34.2	12.0	-1.1	17.7	35.0	14.8
Q2	8.2	3.7	-1.7	3.3	5.7	2.8	18.1	8.6
Q3	1.2	18.4	19.9	13.1	-0.5	18.2	7.1	8.2
Q4	-0.8	14.4	284.6	101.4	-1.5	7.0	285.5	98.8
2019
Q1	1.8	-24.0	-74.5	-52.9	0.2	-15.9	-76.2	-53.1
Q2	6.5	-0.1	653.6	230.9	4.3	-0.3	698.2	234.4
Q3	7.8	6.5	-83.2	-64.9	6.3	0.6	-83.6	-65.9
Q4	-0.8	-0.2	848.5	323.7	-4.2	-6.8	835.6	316.9
2020
Q1	0.9	n/a³	n/a³	-9.6	-0.2	n/a³	n/a³	-8.2
Q2	-32.3	n/a³	n/a³	-75.9	-28.0	n/a³	n/a³	-74.2
Q3	42.8	46.8	-30.6	0.1	34.6	33.6	-33.3	-6.2
Q4	8.0	n/a³	n/a³	33.7	8.2	n/a³	n/a³	26.1
2021
Q1	-28.5	n/a³	n/a³	-27.9	-29.6	n/a³	n/a³	-25.7
Q2	20.8	-2.4	-7.9	1.3	23.2	-3.0	1.8	5.8
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