Table 3.1 Expenditure Components of GDP1, Q3 20212 | ||
Amount €m | Quarterly % change | |
Personal Consumption of Goods and Services | 27,104 | 0.5 |
Net Expenditure by Central and Local Government on Current Goods and Services | 10,443 | 0.8 |
Gross Domestic Fixed Capital Formation | 18,733 | -3.8 |
Net Exports | 51,771 | |
Exports of Goods and Services | 148,639 | 1.3 |
Less Imports of Goods and Services | -96,868 | 4.5 |
Gross Domestic Product | 110,258 | 0.9 |
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. |
On the expenditure side of the accounts (Table 3.5), Capital Investment, showed a decrease of €0.3 billion in Q3 compared with the previous quarter and accounted for 35.2% of total domestic demand in Q3 2021.
Personal Consumption Expenditure increased by 0.5% in Q3 compared to Q2, while Government expenditure showed an increase of 0.8% over the same period. Combining this with the decline in net exports, there was an overall increase in real GDP of 0.9% in Q3 compared to Q2.
Personal Consumption Expenditure | Government Expenditure | Gross Fixed Capital Formation | Value of Physical Changes in Stocks | Net Exports | GDP | |
Q1 2019 | 27.874998519 | 8.9015270464 | 18.696056188 | 3.031497906 | 29.953488199 | 87.544986844 |
Q2 2019 | 28.016170777 | 8.9479420626 | 62.308104732 | -0.361265585 | -10.13683384 | 89.488306094 |
Q3 2019 | 27.59733724 | 9.0789960463 | 21.226360874 | 1.311473227 | 28.338346159 | 89.115891843 |
Q4 2019 | 27.437199817 | 8.9639504592 | 88.753231695 | -0.056312293 | -35.83468633 | 90.185522931 |
Q1 2020 | 26.523675077 | 9.071180345 | 81.406592859 | 2.206933134 | -25.79241056 | 93.496266499 |
Q2 2020 | 22.576644769 | 10.178110297 | 20.874311638 | 1.871896582 | 36.621444499 | 90.394390733 |
Q3 2020 | 25.304756135 | 10.0840235 | 19.665485369 | 0.569334712 | 45.766120817 | 98.953591723 |
Q4 2020 | 24.959736932 | 10.468451913 | 25.015267834 | 0.280700777 | 32.00789949 | 94.321645944 |
Q1 2021 | 23.563849307 | 10.303593837 | 18.591268447 | 1.523708933 | 52.085993372 | 103.78058112 |
Q2 2021 | 26.978629209 | 10.359827168 | 19.476201247 | 1.163121707 | 54.007053352 | 109.22495746 |
Q3 2021 | 27.103819042 | 10.443316444 | 18.733179337 | 1.655116777 | 51.771004582 | 110.25782161 |
Get the data: NQQ49
Building & Construction | Machinery & Equipment | Intangibles | Machinery & Equipment + Intangibles | Gross Domestic Fixed Capital Formation | |
Q1 2019 | 6.1435079083 | 6.3317604933 | 6.2207877869 | 0 | 18.696056188 |
Q2 2019 | 6.3208098364 | 6.2551294859 | 49.732165409 | 0 | 62.308104732 |
Q3 2019 | 6.6632292645 | 6.422296415 | 8.1408351947 | 0 | 21.226360874 |
Q4 2019 | 6.5414183592 | 5.9664330357 | 76.2453803 | 0 | 88.753231695 |
Q1 2020 | 6.5210733242 | 0 | 0 | 74.8855195348 | 81.406592859 |
Q2 2020 | 4.6117974358 | 3.6853708128 | 12.577143389 | 0 | 20.874311638 |
Q3 2020 | 6.1664101536 | 5.1199190258 | 8.3791561894 | 0 | 19.665485369 |
Q4 2020 | 6.8862290544 | 0 | 0 | 18.1290387796 | 25.015267834 |
Q1 2021 | 4.7921195353 | 5.8249520631 | 7.9741968486 | 0 | 18.591268447 |
Q2 2021 | 5.7061111358 | 5.6967285463 | 8.0733615646 | 0 | 19.476201247 |
Q3 2021 | 5.8212975589 | 4.8933749075 | 8.0185068705 | 0 | 18.733179337 |
Get the data: NQQ49
Comparisons with Q3 2020
On the expenditure side of the accounts (Table 3.3) Capital Investment grew by €0.2 billion. Personal Consumption showed an increase of 7.7% while Government expenditure increased by 3.4% over the same period.
FOR UPDATES TABLES, PLEASE CLICK ON THE FOLLOWING LINK: Quarterly National Accounts Q3 2021 Updates Tables (XLS 55KB)
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