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Table 2.1 Gross Domestic Product1 by Nace Rev. 2 A10 Sector of Origin, Q2 20222 | ||
Amount €m | Quarterly % change | |
Industry (excl. Construction) | 45,226 | 5.0 |
Information and Communication | 20,083 | 4.9 |
Professional, Admin and Support Services | 10,647 | -0.3 |
Public Admin, Education and Health | 9,583 | 1.1 |
Distribution, Transport, Hotels and Restaurants | 8,554 | 1.5 |
Real Estate Activities | 5,915 | 1.2 |
Financial and Insurance Activities | 4,955 | -0.4 |
Construction | 2,309 | 2.7 |
Arts, Entertainment and Other Services | 1,020 | 10.5 |
Agriculture, Forestry and Fishing | 876 | -0.3 |
Gross Domestic Product | 115,770 | 1.8 |
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 2020, seasonally adjusted. |
The MNE dominated Industry (excluding Construction) sector recorded strong growth in Q2 compared with the previous quarter, an increase of 5.0%. The Information & Communication sector, also predominantly driven by MNE activity, grew by 4.9% in the quarter. The Arts & Entertainment sector rose by 10.5% quarter-on-quarter while the domestically facing Construction sector increased by 2.7% over the period compared with Q1 2022. The domestically dominated Distribution, Transport, Hotels & Restaurants sector increased by 1.5% in Q2 2022 while Real Estate and Public Administration, Education & Health grew by 1.2% & 1.1% respectively in the quarter. Finance & Insurance recorded a decline of 0.4% while both the Agriculture, Forestry & Fishing sector and the Professional & Administrative services sector posted modest declines of 0.3% over the same period. (See Table 2.5).
Column1 | Q2 2022 | Q1 2022 |
---|---|---|
Industry (excl. Construction) | 45.226489878 | 43.086470276 |
Information and Communication | 20.082561297 | 19.149671312 |
Professional, Admin and Support Services | 10.646623923 | 10.676640218 |
Public Admin, Education and Health | 9.582909664 | 9.481595178 |
Distribution, Transport, Hotels and Restaurants | 8.554141211 | 8.427449494 |
Real Estate Activities | 5.915475639 | 5.847015043 |
Financial and Insurance Activities | 4.9549447 | 4.974182156 |
Construction | 2.308549198 | 2.247134148 |
Arts, Entertainment and Other Services | 1.019633902 | 0.922515184 |
Agriculture Forestry and Fishing | 0.876489019 | 0.879384797 |
Get the data: NAQ02
Column1 | Q2 2022 |
---|---|
Financial & Insurance Activities | -0.386746110147873 |
Agriculture, Forestry & Fishing | -0.329295890704384 |
Professional, Admin & Support Services | -0.281139894078253 |
Public Admin, Education & Health | 1.06853840622809 |
Real Estate Activities | 1.17086403056137 |
Distribution, Transport, Hotels & Restaurants | 1.50332217464133 |
Construction | 2.73303888219851 |
Information & Communication | 4.87157178732052 |
Industry (excl. Construction) | 4.96680184821738 |
Arts, Entertainment & Other Services | 10.5276010286244 |
Agriculture, Forestry & Fishing | Industry (excl. Construction) | Construction | Distribution, Transport, Hotels & Restaurants | Information & Communication | Financial & Insurance Activities | Real Estate Activities | Professional, Admin & Support Services | Public Admin, Education & Health | Arts, Entertainment & Other Services | |
Q1 2020 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 |
Q2 2020 | 98.962998645612 | 103.358407450974 | 69.4607391166519 | 59.1629925377961 | 92.6706217362185 | 95.4634802835929 | 93.6637015979264 | 97.9598160156145 | 91.5353396451854 | 62.7638115912178 |
Q3 2020 | 95.1022463140292 | 107.122224614249 | 89.1244935409413 | 84.7445249345554 | 122.213983125805 | 93.2677402452432 | 96.4538677305721 | 101.945692238183 | 97.2355728757434 | 64.6428130303141 |
Q4 2020 | 97.9328550746498 | 113.024019794844 | 95.1019328043687 | 83.497886525583 | 99.4265945284251 | 96.7414396607927 | 101.476450529677 | 101.721859066217 | 97.3771783808061 | 66.281705477218 |
Q1 2021 | 97.2546058200403 | 124.953450011608 | 75.0361699029919 | 77.4817861188142 | 115.458657721837 | 111.069192392325 | 102.547342021883 | 98.0550613218863 | 98.2512392815375 | 66.6013538050485 |
Q2 2021 | 89.5967245920329 | 123.062079006166 | 85.188590981541 | 84.3302424715063 | 117.569734573567 | 110.436608072623 | 103.985205994563 | 100.366403716936 | 99.0335704533607 | 70.4133738146107 |
Q3 2021 | 111.647024786247 | 137.11369459161 | 88.99161796254 | 87.837621493059 | 120.590774440972 | 113.011633756734 | 104.961652092854 | 101.850631056513 | 100.160943603147 | 75.3477354933671 |
Q4 2021 | 94.9747486923874 | 128.020358437121 | 93.3229953579011 | 90.1785123527253 | 131.676200504311 | 116.771267936956 | 106.054187697937 | 103.736832065492 | 100.482076185152 | 85.134400435294 |
Q1 2022 | 99.2827118914094 | 138.235590078487 | 97.1023213235589 | 89.4666441914918 | 132.069927038961 | 119.799465831962 | 107.572226625224 | 106.278430452473 | 100.668899159759 | 77.5560506448699 |
Q2 2022 | 98.9557780009712 | 145.101477921399 | 99.756165520849 | 90.81161609253 | 138.503808344126 | 119.336146057879 | 108.831751133653 | 105.979639385671 | 101.744585010408 | 85.7208422303196 |
Comparisons with Q2 2021
Preliminary estimates for the second quarter of 2022 indicate that there was an increase of 11.1% in GDP in real terms in Q2 2022 compared with Q2 2021. The MNE-dominated Industry (excluding Construction) and Information & Communication sectors both increased by 17.8% in Q2 compared with the equivalent quarter of 2021. Of the domestic based sectors, Construction exhibited an increase of 19.1% compared with the same quarter of 2021 while the Arts & Entertainment sector rose by 21.9% year-on-year. The Distribution, Transport, Hotels & Restaurants sector posted an increase of 8.1% in Q2 2022 with Financial & Insurance activities rising by 7.9% year-on-year. Year-on-year increases were also recorded in Agriculture (7.7%), the Professional & Administrative Services sector (5.3%), Real Estate activities (4.8%), and Public Administration, Education & Health (2.8%). (See Table 2.3)
FOR UPDATES TABLES, PLEASE CLICK ON THE FOLLOWING LINK: Quarterly National Accounts Q2 2022 Updates Tables (XLS 52KB)
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