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Quarterly National Accounts Quarter 2 2024

GDP - Expenditure

Personal Consumption Expenditure increased by 1.1% in Q2 2024

Online ISSN: 2009-5775

CSO statistical publication, 05 September 2024, 11am

Table 3.1 Expenditure Components of GDP¹, Q2 2024²
	Amount €m	Quarterly % change
Personal Consumption of Goods and Services	36,229	1.1
Net Expenditure by Central and Local Government on Current Goods and Services	13,029	1.5
Gross Domestic Fixed Capital Formation	8,290	-65.1
Net Exports	61,572
Exports of Goods and Services	196,301	12.1
Less Imports of Goods and Services	-134,729	4.7
Gross Domestic Product	119,216	-1.0
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 2022 and seasonally adjusted.

Open in Excel: Quarterly National Accounts Q2 2024 Table 3.1 (XLS 11KB)

On the expenditure side of the accounts (Table 3.5), Capital Investment decreased by €16.5 billion in Q2 compared with the previous quarter and accounted for 15.1% of total domestic demand in Q2 2024.

Personal Consumption Expenditure increased by 1.1% in Q2 2024 compared to Q1 2024, while Government expenditure increased by 1.5% over the same period. There was an overall decrease in real GDP of 1.0%.

	Personal Consumption Expenditure	Government Expenditure	Gross Fixed Capital Formation	Value of Physical Changes in Stocks	Net Exports	GDP
Q1 2022	32.272823647	11.899635149	23.785113209	1.572377614	56.08453576	125.99472683
Q2 2022	33.64423708	12.159418839	27.28004514	3.935238354	53.19890433	129.22214983
Q3 2022	34.146118004	12.268651373	29.948469542	3.279906864	52.69337756	132.87092016
Q4 2022	34.55152885	12.266776954	29.483460695	-0.121692971	53.71113401	132.90480863
Q1 2023	34.844520399	12.329199921	24.780707913	2.629643868	52.84781261	125.56711424
Q2 2023	35.750483788	12.531250392	24.65101469	5.410557154	43.73105072	124.25945553
Q3 2023	34.778564895	12.850318725	24.28779571	4.038822427	43.83813571	121.83883776
Q4 2023	35.8217018	12.935826623	39.856713902	3.205804148	26.12257717	119.78875191
Q1 2024	35.829149491	12.834489146	23.757132517	1.429879086	46.48165473	120.46404833
Q2 2024	36.229366903	13.029036148	8.2897540426	0.444475169	61.57207049	119.21566618

Get the data: NAQ04

	Building & Construction	Machinery & Equipment	Intangibles	Gross Domestic Fixed Capital Formation
Q1 2022	7.8192835419	6.0244641323	9.9413655351	23.785113209
Q2 2022	8.0985327482	6.997943561	12.183568831	27.28004514
Q3 2022	7.9898737588	7.1255502622	14.833045521	29.948469542
Q4 2022	7.5511426761	6.506239353	15.426078666	29.483460695
Q1 2023	8.1530628192	6.8220827282	9.8055623658	24.780707913
Q2 2023	7.6905658163	6.9624255715	9.9980233024	24.65101469
Q3 2023	7.7157451338	6.5018232095	10.070227367	24.28779571
Q4 2023	7.6237639737	6.3629473521	25.870002577	39.856713902
Q1 2024	7.4195132185	5.9561547731	10.381464525	23.757132517
Q2 2024	7.3587162968	6.8737379009	-5.942700155	8.2897540426

Get the data: NAQ04

Comparisons with Q2 2023

On the expenditure side of the accounts (Table 3.3), Capital Investment decreased by €21.1 billion compared to the same quarter of 2023. Personal Consumption showed an increase of 1.3% while Government expenditure grew by 4.1% over the same period. Exports of Goods and Services increased by 18.4% (or €30.3 billion) while Imports of Goods and Services increased by 10.5% (or €12.7 billion) over the same period. Net Exports therefore increased by 40.6% (or €17.5 billion) year-on-year.

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
2018	107,278	33,055	93,499	923	411,770	-312,959	1,300	334,866	-82,000	252,866
2019	112,184	36,255	193,555	1,788	462,855	-445,408	2,446	363,675	-90,450	273,225
2020	101,761	40,979	157,987	4,309	517,749	-438,184	-2,394	382,207	-103,801	278,407
2021	113,823	44,614	99,007	4,811	597,705	-410,421	-322	449,217	-128,946	320,270
2022	134,873	48,693	110,306	9,085	712,038	-497,207	3,148	520,935	-165,125	355,811
2023	152,720	53,247	118,231	16,051	688,732	-520,955	1,926	509,952	-121,938	388,014

2018
Q1	25,823	8,043	15,652	1,861	94,073	-63,514	-715	81,224	-20,205	61,019
Q2	25,965	8,215	17,468	304	100,935	-71,418	-860	80,609	-19,366	61,242
Q3	26,873	8,506	19,508	13	104,430	-74,393	865	85,801	-19,756	66,046
Q4	28,617	8,291	40,871	-1,255	112,332	-103,634	2,010	87,232	-22,673	64,559
2019
Q1	27,068	8,769	17,782	1,036	108,477	-76,493	491	87,130	-22,289	64,841
Q2	27,297	9,026	60,983	-318	111,979	-122,377	205	86,795	-24,073	62,722
Q3	27,995	9,236	21,860	1,174	116,702	-82,946	-300	93,720	-22,830	70,890
Q4	29,824	9,225	92,929	-105	125,697	-163,592	2,051	96,030	-21,258	74,772
2020
Q1	26,003	9,348	79,024	2,087	127,340	-148,710	485	95,577	-25,126	70,452
Q2	22,134	10,327	17,149	1,098	117,291	-80,280	-993	86,726	-24,433	62,293
Q3	26,364	10,392	23,886	407	124,725	-82,350	-1,614	101,810	-31,089	70,722
Q4	27,261	10,911	37,928	716	148,393	-126,844	-272	98,093	-23,153	74,940
2021
Q1	23,552	10,694	17,985	1,950	136,085	-84,500	620	106,386	-34,867	71,519
Q2	27,659	11,182	20,020	70	143,894	-94,467	-1,365	106,992	-33,284	73,709
Q3	30,156	11,358	20,671	2,944	151,549	-97,000	-833	118,847	-33,322	85,525
Q4	32,456	11,379	40,331	-153	166,177	-134,454	1,256	116,992	-27,474	89,518
2022
Q1	30,084	11,660	22,366	1,649	161,246	-105,633	752	122,123	-40,073	82,050
Q2	32,497	11,948	26,744	4,008	172,875	-121,094	-1,503	125,475	-38,322	87,153
Q3	34,464	12,034	29,829	3,497	185,899	-128,192	1,037	138,569	-45,895	92,674
Q4	37,829	13,051	31,367	-69	192,016	-142,288	2,862	134,769	-40,834	93,934
2023
Q1	34,222	12,697	24,298	2,667	175,488	-120,672	-1,092	127,608	-41,954	85,654
Q2	37,421	13,146	25,554	5,507	167,711	-124,742	979	125,576	-30,378	95,198
Q3	38,666	13,119	25,161	4,125	168,714	-121,109	1,291	129,967	-28,004	101,964
Q4	42,411	14,284	43,218	3,752	176,819	-154,433	749	126,801	-21,603	105,198
2024
Q1	37,367	13,389	24,498	1,641	176,068	-127,960	361	125,364	-32,160	93,205
Q2	39,802	13,990	9,232	611	204,419	-140,400	-2,733	124,921	-27,589	97,332

Percentage change on corresponding period of previous year
2018	6.9	6.1	-6.6		6.9	0.3		8.5		4.9
2019	4.6	9.7	107.0		12.4	42.3		8.6		8.1
2020	-9.3	13.0	-18.4		11.9	-1.6		5.1		1.9
2021	11.9	8.9	-37.3		15.4	-6.3		17.5		15.0
2022	18.5	9.1	11.4		19.1	21.1		16.0		11.1
2023	13.2	9.4	7.2		-3.3	4.8		-2.1		9.1

2018
Q1	6.3	7.3	-0.1		6.7	-1.6		11.9		9.2
Q2	8.0	7.1	-67.3		8.6	-32.2		10.7		11.8
Q3	6.9	7.0	34.0		9.6	15.0		8.0		3.2
Q4	6.3	2.9	148.7		3.4	33.8		4.2		-2.7
2019
Q1	4.8	9.0	13.6		15.3	20.4		7.3		6.3
Q2	5.1	9.9	249.1		10.9	71.4		7.7		2.4
Q3	4.2	8.6	12.1		11.8	11.5		9.2		7.3
Q4	4.2	11.3	127.4		11.9	57.9		10.1		15.8
2020
Q1	-3.9	6.6	344.4		17.4	94.4		9.7		8.7
Q2	-18.9	14.4	-71.9		4.7	-34.4		-0.1		-0.7
Q3	-5.8	12.5	9.3		6.9	-0.7		8.6		-0.2
Q4	-8.6	18.3	-59.2		18.1	-22.5		2.1		0.2
2021
Q1	-9.4	14.4	-77.2		6.9	-43.2		11.3		1.5
Q2	25.0	8.3	16.7		22.7	17.7		23.4		18.3
Q3	14.4	9.3	-13.5		21.5	17.8		16.7		20.9
Q4	19.1	4.3	6.3		12.0	6.0		19.3		19.5
2022
Q1	27.7	9.0	24.4		18.5	25.0		14.8		14.7
Q2	17.5	6.9	33.6		20.1	28.2		17.3		18.2
Q3	14.3	6.0	44.3		22.7	32.2		16.6		8.4
Q4	16.6	14.7	-22.2		15.5	5.8		15.2		4.9
2023
Q1	13.8	8.9	8.6		8.8	14.2		4.5		4.4
Q2	15.2	10.0	-4.4		-3.0	3.0		0.1		9.2
Q3	12.2	9.0	-15.6		-9.2	-5.5		-6.2		10.0
Q4	12.1	9.4	37.8		-7.9	8.5		-5.9		12.0
2024
Q1	9.2	5.5	0.8		0.3	6.0		-1.8		8.8
Q2	6.4	6.4	-63.9		21.9	12.6		-0.5		2.2

Open in Excel: Quarterly National Accounts Q2 2024 Table 3.2 (XLS 20KB)

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Visit Table NAQ04 on PxStat

Table 3.3 Expenditure on Gross National Product at Constant Market Prices (Chain linked annually and referenced to year 2022)¹

Table 3.3 Expenditure on Gross National Product at Constant Market Prices (Chain linked annually and referenced to year 2022)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
2018	120,183	37,364	105,233	841	437,437	-333,821	366,506	-85,574	282,655
2019	123,615	39,808	210,129	1,689	483,284	-469,434	384,980	-92,331	294,284
2020	111,911	44,450	175,522	4,399	550,020	-469,514	412,536	-107,965	305,826
2021	121,817	47,267	106,416	5,018	627,379	-428,443	479,597	-132,793	347,855
2022	134,873	48,693	110,306	9,085	712,038	-497,207	520,935	-165,125	355,811
2023	141,339	50,782	113,393	15,740	670,610	-503,226	492,128	-116,621	375,507

2018
Q1	29,186	8,998	17,657	1,625	99,634	-68,689	88,228	-21,021	67,595
Q2	28,992	9,327	19,585	287	107,800	-76,836	89,520	-20,318	69,659
Q3	29,984	9,643	21,843	53	109,989	-77,991	93,912	-20,439	74,007
Q4	32,021	9,395	46,149	-1,123	120,014	-110,305	94,846	-23,796	71,394
2019
Q1	30,054	9,703	19,873	983	112,066	-80,963	91,639	-22,518	69,472
Q2	29,946	9,841	66,922	-242	117,560	-129,724	93,264	-24,715	68,778
Q3	30,796	10,265	23,911	1,069	121,420	-88,180	99,609	-23,229	76,850
Q4	32,818	9,999	99,424	-121	132,238	-170,566	100,469	-21,870	79,184
2020
Q1	28,535	10,040	85,591	1,974	131,570	-157,250	99,741	-25,379	74,706
Q2	24,436	11,290	19,024	1,231	124,951	-84,859	95,476	-25,446	70,295
Q3	28,909	11,396	27,219	440	135,741	-88,835	111,258	-33,076	78,302
Q4	30,030	11,723	43,687	754	157,759	-138,570	106,062	-24,064	82,524
2021
Q1	25,673	11,707	19,307	1,941	142,652	-88,678	113,276	-35,793	77,483
Q2	29,789	11,827	21,266	40	155,256	-99,189	117,479	-35,167	82,422
Q3	32,078	11,559	21,461	3,133	158,998	-100,257	126,559	-34,234	92,648
Q4	34,277	12,174	44,382	-96	170,473	-140,320	122,282	-27,598	95,303
2022
Q1	30,778	11,599	22,495	1,677	162,832	-108,599	122,635	-40,453	82,095
Q2	32,614	12,081	26,955	4,040	174,701	-121,866	127,060	-38,717	88,428
Q3	34,388	12,360	29,984	3,385	185,324	-126,439	138,231	-45,738	92,388
Q4	37,093	12,654	30,873	-17	189,180	-140,303	133,009	-40,216	92,900
2023
Q1	33,053	11,878	23,622	2,743	169,567	-117,374	122,440	-39,812	82,628
Q2	34,724	12,416	24,525	5,524	164,597	-121,501	122,096	-29,275	92,821
Q3	34,968	12,952	24,169	4,153	166,703	-116,814	126,645	-27,170	99,476
Q4	38,594	13,536	41,077	3,320	169,742	-147,538	120,947	-20,365	100,582
2024
Q1	33,890	12,220	22,701	1,544	168,153	-123,333	116,734	-30,159	86,574
Q2	35,191	12,927	8,422	558	194,853	-134,239	117,155	-25,821	91,334

Percentage change on corresponding period of previous year
2018	5.2	4.6	-9.1		5.4	-1.6	7.5		4.2
2019	2.9	6.5	99.7		10.5	40.6	5.0		4.1
2020	-9.5	11.7	-16.5		13.8	0.0	7.2		3.9
2021	8.9	6.3	-39.4		14.1	-8.7	16.3		13.7
2022	10.7	3.0	3.7		13.5	16.0	8.6		2.3
2023	4.8	4.3	2.8		-5.8	1.2	-5.5		5.5

2018
Q1	4.7	3.7	-3.3		6.9	-1.2	10.6		7.5
Q2	6.5	6.3	-68.5		9.2	-32.8	11.5		12.7
Q3	5.1	6.2	30.1		6.8	10.9	6.2		1.8
Q4	4.7	2.2	148.3		-0.2	29.5	2.8		-3.5
2019
Q1	3.0	7.8	12.5		12.5	17.9	3.9		2.8
Q2	3.3	5.5	241.7		9.1	68.8	4.2		-1.3
Q3	2.7	6.4	9.5		10.4	13.1	6.1		3.8
Q4	2.5	6.4	115.4		10.2	54.6	5.9		10.9
2020
Q1	-5.1	3.5	330.7		17.4	94.2	8.8		7.5
Q2	-18.4	14.7	-71.6		6.3	-34.6	2.4		2.2
Q3	-6.1	11.0	13.8		11.8	0.7	11.7		1.9
Q4	-8.5	17.2	-56.1		19.3	-18.8	5.6		4.2
2021
Q1	-10.0	16.6	-77.4		8.4	-43.6	13.6		3.7
Q2	21.9	4.8	11.8		24.3	16.9	23.0		17.3
Q3	11.0	1.4	-21.2		17.1	12.9	13.8		18.3
Q4	14.1	3.8	1.6		8.1	1.3	15.3		15.5
2022
Q1	19.9	-0.9	16.5		14.1	22.5	8.3		6.0
Q2	9.5	2.1	26.8		12.5	22.9	8.2		7.3
Q3	7.2	6.9	39.7		16.6	26.1	9.2		-0.3
Q4	8.2	3.9	-30.4		11.0	-0.0	8.8		-2.5
2023
Q1	7.4	2.4	5.0		4.1	8.1	-0.2		0.6
Q2	6.5	2.8	-9.0		-5.8	-0.3	-3.9		5.0
Q3	1.7	4.8	-19.4		-10.0	-7.6	-8.4		7.7
Q4	4.0	7.0	33.1		-10.3	5.2	-9.1		8.3
2024
Q1	2.5	2.9	-3.9		-0.8	5.1	-4.7		4.8
Q2	1.3	4.1	-65.7		18.4	10.5	-4.0		-1.6
¹Chain linked series not additive

Open in Excel: Quarterly National Accounts Q2 2024 Table 3.3 (XLS 21KB)

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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
2018
Q1	26,346	8,129	16,530	1,861	97,382	-65,276	82,731	-19,125	63,605
Q2	26,722	8,222	17,655	304	101,044	-71,660	82,635	-18,473	64,163
Q3	26,961	8,436	19,755	13	104,749	-76,753	84,299	-19,790	64,508
Q4	27,168	8,258	39,468	-1,255	108,132	-98,213	85,241	-25,037	60,204
2019
Q1	27,766	8,876	18,726	1,036	110,671	-77,476	88,540	-20,710	67,830
Q2	28,022	9,020	61,386	-318	113,831	-123,579	89,585	-23,019	66,566
Q3	28,017	9,183	21,989	1,174	117,082	-86,107	91,503	-22,905	68,597
Q4	28,268	9,162	91,330	-105	120,804	-159,047	93,265	-24,347	68,919
2020
Q1	26,881	9,473	80,017	2,087	129,991	-149,179	97,493	-22,949	74,544
Q2	22,659	10,308	17,392	1,098	119,468	-81,495	89,462	-23,187	66,275
Q3	26,313	10,381	24,030	407	125,120	-84,983	99,774	-31,177	68,597
Q4	25,720	10,780	36,485	716	142,950	-120,549	96,209	-27,080	69,130
2021
Q1	24,569	10,852	18,718	1,950	138,436	-88,091	106,613	-31,982	74,630
Q2	28,286	11,155	20,307	70	146,810	-95,977	110,316	-31,954	78,362
Q3	30,026	11,418	20,794	2,944	151,968	-100,859	115,585	-33,339	82,246
Q4	30,493	11,153	38,930	-153	159,806	-125,880	115,683	-32,234	83,450
2022
Q1	31,652	11,854	23,186	1,649	163,833	-109,250	122,903	-36,506	86,397
Q2	33,163	11,924	26,934	4,008	176,577	-122,703	129,253	-36,954	92,299
Q3	34,313	12,161	30,074	3,497	186,333	-131,441	135,173	-45,860	89,314
Q4	35,370	12,703	30,191	-69	185,438	-134,285	133,184	-46,237	86,948
2023
Q1	36,255	12,925	25,100	2,667	177,866	-125,619	128,111	-37,845	90,266
Q2	38,087	13,133	25,610	5,507	171,170	-126,156	128,945	-29,034	99,910
Q3	38,540	13,309	25,535	4,125	169,167	-126,208	126,232	-27,915	98,318
Q4	39,524	13,830	42,121	3,752	169,913	-141,440	127,201	-27,392	99,809
2024
Q1	39,737	13,642	25,188	1,641	181,408	-131,841	128,020	-27,754	100,267
Q2	40,473	13,992	9,072	611	206,015	-140,744	127,387	-26,233	101,154

Percentage change on previous quarter
2018
Q1	3.0	1.2	9.0		-7.2	-8.3	0.2		0.3
Q2	1.4	1.2	6.8		3.8	9.8	-0.1		0.9
Q3	0.9	2.6	11.9		3.7	7.1	2.0		0.5
Q4	0.8	-2.1	99.8		3.2	28.0	1.1		-6.7
2019
Q1	2.2	7.5	-52.6		2.3	-21.1	3.9		12.7
Q2	0.9	1.6	227.8		2.9	59.5	1.2		-1.9
Q3	-0.0	1.8	-64.2		2.9	-30.3	2.1		3.1
Q4	0.9	-0.2	315.3		3.2	84.7	1.9		0.5
2020
Q1	-4.9	3.4	-12.4		7.6	-6.2	4.5		8.2
Q2	-15.7	8.8	-78.3		-8.1	-45.4	-8.2		-11.1
Q3	16.1	0.7	38.2		4.7	4.3	11.5		3.5
Q4	-2.3	3.8	51.8		14.2	41.9	-3.6		0.8
2021
Q1	-4.5	0.7	-48.7		-3.2	-26.9	10.8		8.0
Q2	15.1	2.8	8.5		6.0	9.0	3.5		5.0
Q3	6.1	2.4	2.4		3.5	5.1	4.8		5.0
Q4	1.6	-2.3	87.2		5.2	24.8	0.1		1.5
2022
Q1	3.8	6.3	-40.4		2.5	-13.2	6.2		3.5
Q2	4.8	0.6	16.2		7.8	12.3	5.2		6.8
Q3	3.5	2.0	11.7		5.5	7.1	4.6		-3.2
Q4	3.1	4.5	0.4		-0.5	2.2	-1.5		-2.6
2023
Q1	2.5	1.7	-16.9		-4.1	-6.5	-3.8		3.8
Q2	5.1	1.6	2.0		-3.8	0.4	0.7		10.7
Q3	1.2	1.3	-0.3		-1.2	0.0	-2.1		-1.6
Q4	2.6	3.9	65.0		0.4	12.1	0.8		1.5
2024
Q1	0.5	-1.4	-40.2		6.8	-6.8	0.6		0.5
Q2	1.9	2.6	-64.0		13.6	6.8	-0.5		0.9

Open in Excel: Quarterly National Accounts Q2 2024 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 2022)¹ - Seasonally Adjusted

Table 3.5 Expenditure on Gross National Product at Constant Market Prices (Chain linked annually and referenced to year 2022)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
2018
Q1	29,707	9,132	19,567	1,628	102,762	-69,819	91,174	-20,323	70,852
Q2	30,071	9,370	20,639	290	108,250	-77,265	92,104	-19,329	72,776
Q3	30,139	9,529	22,873	56	110,831	-81,043	92,978	-20,811	72,167
Q4	30,340	9,271	43,916	-1,120	115,302	-103,954	94,110	-25,196	68,914
2019
Q1	30,758	9,772	21,802	992	116,010	-82,673	95,305	-21,652	73,653
Q2	31,030	9,906	65,699	-232	119,203	-130,304	96,734	-23,759	72,975
Q3	30,813	10,156	24,662	1,078	122,289	-91,831	97,985	-23,719	74,265
Q4	31,009	9,878	93,900	-112	127,312	-162,526	100,081	-23,241	76,839
2020
Q1	29,422	10,171	83,651	1,934	137,296	-158,273	103,679	-24,418	79,261
Q2	25,312	11,336	19,696	1,191	125,840	-86,278	96,839	-24,489	72,350
Q3	28,749	11,348	27,397	400	135,650	-92,841	108,405	-33,703	74,702
Q4	28,213	11,566	40,793	714	152,513	-129,468	105,394	-25,377	80,017
2021
Q1	26,712	11,913	20,582	1,857	147,198	-91,798	115,826	-34,756	81,070
Q2	30,793	11,879	22,043	-44	156,720	-100,642	119,535	-34,227	85,308
Q3	31,820	11,572	21,601	3,049	159,043	-104,659	122,429	-34,974	87,456
Q4	32,058	11,799	41,898	-180	164,363	-129,870	121,651	-28,834	92,817
2022
Q1	32,273	11,900	23,785	1,572	168,717	-112,632	125,995	-39,392	86,602
Q2	33,644	12,159	27,280	3,935	176,240	-123,041	129,222	-37,765	91,457
Q3	34,146	12,269	29,948	3,280	184,496	-131,803	132,871	-46,582	86,289
Q4	34,552	12,267	29,483	-122	183,037	-129,326	132,905	-41,372	91,533
2023
Q1	34,845	12,329	24,781	2,630	174,994	-122,146	125,567	-38,744	86,823
Q2	35,750	12,531	24,651	5,411	165,934	-122,203	124,259	-28,330	95,929
Q3	34,779	12,850	24,288	4,039	165,569	-121,731	121,839	-28,067	93,772
Q4	35,822	12,936	39,857	3,206	163,280	-137,158	119,789	-21,453	98,336
2024
Q1	35,829	12,834	23,757	1,430	175,136	-128,654	120,464	-29,131	91,333
Q2	36,229	13,029	8,290	444	196,301	-134,729	119,216	-24,848	94,367

Percentage change on previous quarter
2018
Q1	2.5	1.1	9.2		-11.6	-12.9	0.3		0.4
Q2	1.2	2.6	5.5		5.3	10.7	1.0		2.7
Q3	0.2	1.7	10.8		2.4	4.9	0.9		-0.8
Q4	0.7	-2.7	92.0		4.0	28.3	1.2		-4.5
2019
Q1	1.4	5.4	-50.4		0.6	-20.5	1.3		6.9
Q2	0.9	1.4	201.3		2.8	57.6	1.5		-0.9
Q3	-0.7	2.5	-62.5		2.6	-29.5	1.3		1.8
Q4	0.6	-2.7	280.7		4.1	77.0	2.1		3.5
2020
Q1	-5.1	3.0	-10.9		7.8	-2.6	3.6		3.2
Q2	-14.0	11.5	-76.5		-8.3	-45.5	-6.6		-8.7
Q3	13.6	0.1	39.1		7.8	7.6	11.9		3.3
Q4	-1.9	1.9	48.9		12.4	39.5	-2.8		7.1
2021
Q1	-5.3	3.0	-49.5		-3.5	-29.1	9.9		1.3
Q2	15.3	-0.3	7.1		6.5	9.6	3.2		5.2
Q3	3.3	-2.6	-2.0		1.5	4.0	2.4		2.5
Q4	0.7	2.0	94.0		3.3	24.1	-0.6		6.1
2022
Q1	0.7	0.9	-43.2		2.6	-13.3	3.6		-6.7
Q2	4.2	2.2	14.7		4.5	9.2	2.6		5.6
Q3	1.5	0.9	9.8		4.7	7.1	2.8		-5.7
Q4	1.2	-0.0	-1.6		-0.8	-1.9	0.0		6.1
2023
Q1	0.8	0.5	-16.0		-4.4	-5.6	-5.5		-5.1
Q2	2.6	1.6	-0.5		-5.2	0.0	-1.0		10.5
Q3	-2.7	2.5	-1.5		-0.2	-0.4	-1.9		-2.2
Q4	3.0	0.7	64.1		-1.4	12.7	-1.7		4.9
2024
Q1	0.0	-0.8	-40.4		7.3	-6.2	0.6		-7.1
Q2	1.1	1.5	-65.1		12.1	4.7	-1.0		3.3
¹Chain linked series not additive

Open in Excel: Quarterly National Accounts Q2 2024 Table 3.5 (XLS 19KB)

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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
2018	3,901	3,223	14,084	1,388	26,492	17,152	44,411	93,499
2019	4,344	2,880	16,229	1,505	25,935	17,279	142,663	193,555
2020	4,415	2,705	14,871	1,162	17,782	10,168	117,053	157,987
2021	4,412	5,114	15,426	1,472	20,591	11,284	51,991	99,007
2022	7,530	5,913	15,973	1,891	26,620	14,391	52,379	110,306
2023	8,291	7,627	14,991	1,541	28,101	15,213	57,679	118,231

2018
Q1	810	882	2,654	296	5,660	2,820	5,351	15,652
Q2	983	841	3,095	344	5,913	3,462	6,290	17,468
Q3	1,092	779	3,916	344	6,478	4,299	6,899	19,508
Q4	1,015	721	4,419	404	8,442	6,571	25,871	40,871
	3,901	3,223	14,084	1,388	26,492	17,152	44,411	93,499
2019
Q1	959	699	3,091	333	6,353	3,618	6,348	17,782
Q2	1,015	683	3,407	341	6,114	4,259	49,424	60,983
Q3	1,253	808	4,503	381	6,203	4,241	8,712	21,860
Q4	1,117	691	5,228	450	7,264	5,161	78,178	92,929
	4,344	2,880	16,229	1,505	25,935	17,279	142,663	193,555
2020
Q1	1,163	491	3,621	375	n/a¹	n/a¹	n/a¹	79,024
Q2	683	550	2,351	193	n/a¹	n/a¹	n/a¹	17,149
Q3	1,159	774	4,214	216	4,710	2,469	12,813	23,886
Q4	1,410	889	4,685	378	6,065	4,355	24,501	37,928
	4,415	2,705	14,871	1,162	17,782	10,168	117,053	157,987
2021
Q1	911	871	2,584	331	5,227	2,769	8,060	17,985
Q2	1,096	1,303	3,124	360	5,319	3,186	8,818	20,020
Q3	1,058	1,358	4,493	332	3,935	1,390	9,495	20,671
Q4	1,347	1,582	5,224	450	6,110	3,938	25,618	40,331
	4,412	5,114	15,426	1,472	20,591	11,284	51,991	99,007
2022
Q1	1,500	1,296	3,226	416	5,654	2,882	10,273	22,366
Q2	1,969	1,420	3,610	437	7,085	3,388	12,223	26,744
Q3	2,011	1,535	4,545	591	6,477	3,314	14,671	29,829
Q4	2,051	1,661	4,593	448	7,404	4,808	15,212	31,367
	7,530	5,913	15,973	1,891	26,620	14,391	52,379	110,306
2023
Q1	1,801	1,822	3,230	371	6,815	3,086	10,258	24,298
Q2	1,891	1,790	3,423	366	7,568	4,415	10,516	25,554
Q3	2,310	1,907	4,156	389	6,083	2,723	10,316	25,161
Q4	2,289	2,108	4,182	415	7,635	4,989	26,589	43,218
	8,291	7,627	14,991	1,541	28,101	15,213	57,679	118,231
2024
Q1	1,701	1,871	2,901	336	6,070	1,770	11,618	24,498
Q2	1,904	1,803	3,435	381	7,706	4,698	-5,998	9,232

Percentage change on corresponding period of previous year
2018	31.2	24.5	13.2	25.5	19.2	19.4	-24.5	-6.6
2019	11.4	-10.6	15.2	8.4	-2.1	0.7	221.2	107.0
2020	1.6	-6.1	-8.4	-22.8	-31.4	-41.2	-18.0	-18.4
2021	-0.1	89.1	3.7	26.7	15.8	11.0	-55.6	-37.3
2022	70.7	15.6	3.5	28.4	29.3	27.5	0.7	11.4
2023	10.1	29.0	-6.1	-18.5	5.6	5.7	10.1	7.2

2018
Q1	32.4	48.0	10.0	9.8	-7.5	-25.2	-5.4	-0.1
Q2	46.4	39.9	17.2	42.2	-7.4	-22.2	-85.4	-67.3
Q3	27.4	25.7	16.6	37.9	61.6	99.6	26.2	34.0
Q4	21.9	-6.7	9.5	17.2	48.0	64.6	445.0	148.7
2019
Q1	18.3	-20.8	16.5	12.5	12.2	28.3	18.6	13.6
Q2	3.2	-18.9	10.1	-1.0	3.4	23.0	685.7	249.1
Q3	14.7	3.7	15.0	10.6	-4.2	-1.3	26.3	12.1
Q4	10.0	-4.1	18.3	11.6	-13.9	-21.5	202.2	127.4
2020
Q1	21.2	-29.8	17.1	12.7	n/a¹	n/a¹	n/a¹	344.4
Q2	-32.7	-19.4	-31.0	-43.3	n/a¹	n/a¹	n/a¹	-71.9
Q3	-7.5	-4.1	-6.4	-43.3	-24.1	-41.8	47.1	9.3
Q4	26.2	28.6	-10.4	-16.1	-16.5	-15.6	-68.7	-59.2
2021
Q1	-21.6	77.5	-28.6	-11.6	n/a¹	n/a¹	n/a¹	-77.2
Q2	60.4	136.8	32.9	86.2	n/a¹	n/a¹	n/a¹	16.7
Q3	-8.6	75.4	6.6	53.5	-16.5	-43.7	-25.9	-13.5
Q4	-4.5	77.9	11.5	19.0	0.7	-9.6	4.6	6.3
2022
Q1	64.6	48.9	24.8	25.4	8.2	4.1	27.5	24.4
Q2	79.6	9.0	15.5	21.5	33.2	6.3	38.6	33.6
Q3	90.0	13.0	1.1	78.1	64.6	138.4	54.5	44.3
Q4	52.3	5.0	-12.1	-0.5	21.2	22.1	-40.6	-22.2
2023
Q1	20.0	40.6	0.1	-10.7	20.5	7.1	-0.1	8.6
Q2	-3.9	26.0	-5.2	-16.3	6.8	30.3	-14.0	-4.4
Q3	14.9	24.2	-8.5	-34.1	-6.1	-17.8	-29.7	-15.6
Q4	11.6	26.9	-8.9	-7.3	3.1	3.8	74.8	37.8
2024
Q1	-5.5	2.7	-10.2	-9.4	-10.9	-42.6	13.3	0.8
Q2	0.7	0.7	0.4	4.2	1.8	6.4	..	-63.9
¹Data suppressed for confidentiality reasons
..Percentage change calculations based on variables in money terms that have values of opposite sign in consecutive reference periods are not meaningful

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Table 3.7 Components of Gross Domestic Fixed Capital Formation at Constant Prices (Chain linked annually and referenced to year 2022)¹ - Non-Seasonally Adjusted

Table 3.7 Components of Gross Domestic Fixed Capital Formation at Constant Prices (Chain linked annually and referenced to year 2022)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
2018	5,351	4,425	19,338	1,781	27,675	18,955	47,386	105,233
2019	6,067	3,707	20,888	1,861	27,088	18,894	146,156	210,129
2020	5,837	3,380	18,587	1,422	18,701	10,980	124,350	175,522
2021	5,466	5,760	17,384	1,654	21,449	11,862	54,589	106,416
2022	7,530	5,913	15,973	1,891	26,620	14,391	52,379	110,306
2023	7,999	7,260	14,268	1,485	26,619	14,241	55,763	113,393

2018
Q1	1,148	1,242	3,798	392	5,920	3,127	5,589	17,657
Q2	1,360	1,162	4,279	445	6,172	3,827	6,645	19,585
Q3	1,478	1,066	5,359	436	6,733	4,747	7,380	21,843
Q4	1,365	954	5,902	508	8,850	7,253	27,773	46,149
	5,351	4,425	19,338	1,781	27,675	18,955	47,386	105,233
2019
Q1	1,355	937	4,132	416	6,647	3,973	6,711	19,873
Q2	1,426	898	4,479	424	6,353	4,668	51,314	66,922
Q3	1,735	1,044	5,849	467	6,441	4,639	8,994	23,911
Q4	1,551	827	6,427	554	7,649	5,614	79,137	99,424
	6,067	3,707	20,888	1,861	27,088	18,894	146,156	210,129
2020
Q1	1,553	589	4,458	461	n/a²	n/a²	n/a²	85,591
Q2	906	766	3,156	238	n/a²	n/a²	n/a²	19,024
Q3	1,528	948	5,226	265	4,962	2,670	14,564	27,219
Q4	1,849	1,077	5,748	459	6,360	4,688	27,820	43,687
	5,837	3,380	18,587	1,422	18,701	10,980	124,350	175,522
2021
Q1	1,151	1,018	3,081	393	5,486	2,946	8,170	19,307
Q2	1,379	1,560	3,700	417	5,552	3,370	8,785	21,266
Q3	1,311	1,509	5,004	367	4,109	1,459	9,463	21,461
Q4	1,625	1,672	5,599	477	6,303	4,088	28,172	44,382
	5,466	5,760	17,384	1,654	21,449	11,862	54,589	106,416
2022
Q1	1,560	1,327	3,340	429	5,773	2,950	10,083	22,495
Q2	2,009	1,415	3,620	443	7,140	3,430	12,325	26,955
Q3	1,997	1,558	4,549	582	6,445	3,299	14,867	29,984
Q4	1,964	1,613	4,464	436	7,262	4,712	15,104	30,873
	7,530	5,913	15,973	1,891	26,620	14,391	52,379	110,306
2023
Q1	1,795	1,779	3,130	362	6,552	2,961	10,004	23,622
Q2	1,850	1,713	3,266	358	7,202	4,166	10,136	24,525
Q3	2,211	1,800	3,939	375	5,771	2,546	10,072	24,169
Q4	2,144	1,968	3,933	389	7,093	4,568	25,550	41,077
	7,999	7,260	14,268	1,485	26,619	14,241	55,763	113,393
2024
Q1	1,567	1,789	2,752	309	5,688	1,639	10,596	22,701
Q2	1,737	1,692	3,214	345	7,200	4,339	-5,766	8,422

Percentage change on corresponding period of previous year
2018	24.9	15.8	5.3	15.5	18.8	18.2	-25.9	-9.1
2019	13.4	-16.2	8.0	4.5	-2.1	-0.3	208.4	99.7
2020	-3.8	-8.8	-11.0	-23.6	-31.0	-41.9	-14.9	-16.5
2021	-6.4	70.4	-6.5	16.3	14.7	8.0	-56.1	-39.4
2022	37.8	2.7	-8.1	14.3	24.1	21.3	-4.0	3.7
2023	6.2	22.8	-10.7	-21.5	-0.0	-1.0	6.5	2.8

2018
Q1	23.1	38.4	4.3	-0.8	-7.7	-26.0	-9.4	-3.3
Q2	35.9	29.1	8.5	28.2	-7.3	-23.0	-85.8	-68.5
Q3	22.4	15.4	7.6	27.9	60.3	97.7	23.6	30.1
Q4	19.3	-13.2	1.6	10.7	46.9	63.2	456.1	148.3
2019
Q1	18.0	-24.6	8.8	6.3	12.3	27.1	20.1	12.5
Q2	4.9	-22.7	4.7	-4.8	2.9	22.0	672.2	241.7
Q3	17.3	-2.1	9.2	7.1	-4.3	-2.3	21.9	9.5
Q4	13.7	-13.3	8.9	9.1	-13.6	-22.6	184.9	115.4
2020
Q1	14.6	-37.1	7.9	10.7	n/a²	n/a²	n/a²	330.7
Q2	-36.5	-14.7	-29.5	-43.9	n/a²	n/a²	n/a²	-71.6
Q3	-11.9	-9.2	-10.7	-43.3	-23.0	-42.4	61.9	13.8
Q4	19.2	30.1	-10.6	-17.2	-16.8	-16.5	-64.8	-56.1
2021
Q1	-25.9	72.8	-30.9	-14.7	n/a²	n/a²	n/a²	-77.4
Q2	52.1	103.7	17.2	75.5	n/a²	n/a²	n/a²	11.8
Q3	-14.2	59.2	-4.2	38.5	-17.2	-45.4	-35.0	-21.2
Q4	-12.1	55.4	-2.6	4.1	-0.9	-12.8	1.3	1.6
2022
Q1	35.6	30.3	8.4	9.2	5.2	0.1	23.4	16.5
Q2	45.7	-9.3	-2.2	6.2	28.6	1.8	40.3	26.8
Q3	52.3	3.2	-9.1	58.7	56.9	126.2	57.1	39.7
Q4	20.9	-3.6	-20.3	-8.6	15.2	15.3	-46.4	-30.4
2023
Q1	15.0	34.0	-6.3	-15.6	13.5	0.4	-0.8	5.0
Q2	-7.9	21.0	-9.8	-19.2	0.9	21.5	-17.8	-9.0
Q3	10.7	15.6	-13.4	-35.5	-10.5	-22.8	-32.3	-19.4
Q4	9.1	22.0	-11.9	-10.8	-2.3	-3.0	69.2	33.1
2024
Q1	-12.7	0.6	-12.1	-14.7	-13.2	-44.6	5.9	-3.9
Q2	-6.1	-1.2	-1.6	-3.6	-0.0	4.1	..	-65.7
¹Chain linked series not additive
²Data suppressed for confidentiality reasons
^..Percentage change calculations based on variables in money terms that have values of opposite sign in consecutive reference periods are not meaningful

Open in Excel: Quarterly National Accounts Q2 2024 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 2022)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 2022)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
2018
Q1	5,382	5,867	5,280	16,530	7,640	6,083	5,844	19,567
Q2	5,667	5,754	6,234	17,655	7,877	5,884	6,877	20,639
Q3	5,770	7,120	6,865	19,755	7,700	7,548	7,625	22,873
Q4	5,699	7,685	26,084	39,468	7,616	8,189	28,111	43,916
2019
Q1	5,872	6,584	6,270	18,726	7,996	6,887	6,919	21,802
Q2	5,967	6,061	49,358	61,386	8,005	6,469	51,224	65,699
Q3	6,504	6,816	8,668	21,989	8,360	7,172	9,130	24,662
Q4	6,489	6,429	78,411	91,330	8,069	6,688	79,142	93,900
2020
Q1	6,557	n/a³	n/a³	80,017	8,379	n/a³	n/a³	83,651
Q2	4,150	n/a³	n/a³	17,392	5,645	n/a³	n/a³	19,696
Q3	5,909	5,344	12,777	24,030	7,268	5,591	14,538	27,397
Q4	6,477	5,281	24,727	36,485	7,913	5,579	27,301	40,793
2021
Q1	5,423	5,421	7,875	18,718	6,722	5,715	8,145	20,582
Q2	6,332	5,262	8,713	20,307	7,716	5,600	8,728	22,043
Q3	6,717	4,584	9,493	20,794	7,507	4,639	9,456	21,601
Q4	7,628	5,366	25,937	38,930	8,212	5,429	28,257	41,898
2022
Q1	7,374	5,806	10,007	23,186	7,819	6,024	9,941	23,785
Q2	7,950	6,889	12,095	26,934	8,099	6,998	12,184	27,280
Q3	8,108	7,248	14,717	30,074	7,990	7,126	14,833	29,948
Q4	7,861	6,740	15,590	30,191	7,551	6,506	15,426	29,483
2023
Q1	8,232	6,914	9,954	25,100	8,153	6,822	9,806	24,781
Q2	7,914	7,294	10,402	25,610	7,691	6,962	9,998	24,651
Q3	8,224	6,935	10,376	25,535	7,716	6,502	10,070	24,288
Q4	8,147	7,014	26,960	42,121	7,624	6,363	25,870	39,857
2024
Q1	7,834	6,104	11,250	25,188	7,420	5,956	10,381	23,757
Q2	7,864	7,377	-6,169	9,072	7,359	6,874	-5,943	8,290

Percentage change on previous quarter
2018
Q1	3.3	15.6	8.1	9.0	2.2	12.6	15.8	9.2
Q2	5.3	-1.9	18.1	6.8	3.1	-3.3	17.7	5.5
Q3	1.8	23.7	10.1	11.9	-2.3	28.3	10.9	10.8
Q4	-1.2	7.9	280.0	99.8	-1.1	8.5	268.7	92.0
2019
Q1	3.0	-14.3	-76.0	-52.6	5.0	-15.9	-75.4	-50.4
Q2	1.6	-7.9	687.2	227.8	0.1	-6.1	640.4	201.3
Q3	9.0	12.5	-82.4	-64.2	4.4	10.9	-82.2	-62.5
Q4	-0.2	-5.7	804.6	315.3	-3.5	-6.7	766.8	280.7
2020
Q1	1.0	n/a³	n/a³	-12.4	3.8	n/a³	n/a³	-10.9
Q2	-36.7	n/a³	n/a³	-78.3	-32.6	n/a³	n/a³	-76.5
Q3	42.4	n/a³	n/a³	38.2	28.8	n/a³	n/a³	39.1
Q4	9.6	-1.2	93.5	51.8	8.9	-0.2	87.8	48.9
2021
Q1	-16.3	2.7	-68.2	-48.7	-15.1	2.4	-70.2	-49.5
Q2	16.8	-2.9	10.7	8.5	14.8	-2.0	7.2	7.1
Q3	6.1	-12.9	8.9	2.4	-2.7	-17.2	8.3	-2.0
Q4	13.6	17.1	173.2	87.2	9.4	17.0	198.8	94.0
2022
Q1	-3.3	8.2	-61.4	-40.4	-4.8	11.0	-64.8	-43.2
Q2	7.8	18.7	20.9	16.2	3.6	16.2	22.6	14.7
Q3	2.0	5.2	21.7	11.7	-1.3	1.8	21.7	9.8
Q4	-3.0	-7.0	5.9	0.4	-5.5	-8.7	4.0	-1.6
2023
Q1	4.7	2.6	-36.2	-16.9	8.0	4.9	-36.4	-16.0
Q2	-3.9	5.5	4.5	2.0	-5.7	2.1	2.0	-0.5
Q3	3.9	-4.9	-0.3	-0.3	0.3	-6.6	0.7	-1.5
Q4	-0.9	1.1	159.8	65.0	-1.2	-2.1	156.9	64.1
2024
Q1	-3.8	-13.0	-58.3	-40.2	-2.7	-6.4	-59.9	-40.4
Q2	0.4	20.8	..	-64.0	-0.8	15.4	..	-65.1
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
^..Percentage change calculations based on variables in money terms that have values of opposite sign in consecutive reference periods are not meaningful