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GDP - Expenditure

GDP - Expenditure

Personal Consumption Expenditure increased by 1.8% in Q2

Online ISSN: 2009-5775
CSO statistical release, , 11am
Table 3.1 Expenditure Components of GDP1, Q2 20222
 Amount €mQuarterly % change
Personal Consumption of Goods and Services27,6951.8
Net Expenditure by Central and Local Government on Current Goods and Services10,9472.7
Gross Domestic Fixed Capital Formation24,99517.9
Net Exports51,959 
     Exports of Goods and Services158,9433.0
     Less Imports of Goods and Services-106,9855.5
Gross Domestic Product115,7701.8
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 2020 and seasonally adjusted.

On the expenditure side of the accounts (Table 3.5), Capital Investment increased by €1.1 billion in Q2 compared with the previous quarter and accounted for 40.1% of total domestic demand in Q2 2022.

Personal Consumption Expenditure grew by 1.8% in Q2 2022 compared to Q1 2022, while Government expenditure increased by 2.7% over the same period. There was an overall increase in real GDP of 1.8%.

Personal Consumption ExpenditureGovernment ExpenditureGross Fixed Capital FormationValue of Physical Changes in StocksNet ExportsGDP
Q1 202026.6098121399.315345916878.0011438012.039149497-23.3511688192.589620288
Q2 202022.53478752710.4244726517.6354803511.79106595435.79845631287.469646003
Q3 202025.67971778110.46891345725.2790551610.43479991639.6271065699.076594368
Q4 202024.92321195510.65703734337.1552690910.22669067919.3708309694.020338761
Q1 202123.3516426410.87628291518.3346096862.06636630549.382511684102.50583473
Q2 202126.31739105710.70682767319.3966342660.30171335349.282859076104.50036273
Q3 202127.25456792510.74268025519.7996524352.85550906348.812903134109.1374915
Q4 202127.22067684911.18846551938.7822652070.03672792828.62251778107.11451753
Q1 202227.19771524910.65503692521.2076384613.59362555752.89710845113.74356953
Q2 202227.69547111910.94717891924.9952128110.85980277351.95894061115.7698065

Get the data: NAQ04

Building & ConstructionMachinery & EquipmentIntangiblesMachinery & Equipment + IntangiblesGross Domestic Fixed Capital Formation
Q1 20206.84335098570071.157792815378.001143801
Q2 20204.68271404983.02797505829.9247912429017.635480351
Q3 20206.02673314395.595954060813.656367956025.279055161
Q4 20206.3964128240030.75885626737.155269091
Q1 20215.17040389395.69531889947.4688868924018.334609686
Q2 20216.02257672725.55182565937.8222318792019.396634266
Q3 20215.86800200155.45937857328.4722718606019.799652435
Q4 20216.2024366256.382563572826.197265009038.782265207
Q1 20226.44908638125.92311465258.8354374275021.207638461
Q2 20226.75944202337.486584154510.749186633024.995212811

Get the data: NAQ04

Comparisons with Q2 2021
On the expenditure side of the accounts (Table 3.3) Capital Investment grew by €6.1 billion. Personal Consumption showed an increase of 5.6% while Government expenditure grew by 2.6% over the same period. Exports of Goods and Services increased by 13.1% (or €18.4 billion) in Q2 2022 compared with the same quarter of 2021. Imports of Goods and Services grew by 16.8% (or €15.3 billion) over the same period. Net Exports therefore increased by 6.2% or €3.1 billion over the period 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 2020)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 2020)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 2020)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 2020)1 - Seasonally Adjusted

FOR UPDATES TABLES, PLEASE CLICK ON THE FOLLOWING LINK: Quarterly National Accounts Q2 2022 Updates Tables (XLS 52KB)