Table 2.1 Gross Domestic Product1 by Nace Rev. 2 A10 Sector of Origin, Q3 20222 | ||
Amount €m | Quarterly % change | |
Industry (excl. Construction) | 50,191 | 9.0 |
Information and Communication | 19,115 | -7.4 |
Professional, Admin and Support Services | 10,304 | -2.5 |
Public Admin, Education and Health | 9,617 | 0.4 |
Distribution, Transport, Hotels and Restaurants | 8,920 | -0.3 |
Real Estate Activities | 5,996 | 1.2 |
Financial and Insurance Activities | 4,666 | -5.2 |
Construction | 2,363 | 0.9 |
Arts, Entertainment and Other Services | 1,036 | 1.6 |
Agriculture, Forestry and Fishing | 1,035 | 13.6 |
Gross Domestic Product | 120,073 | 2.3 |
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 Q3 compared with the previous quarter, an increase of 9.0%. However the Information & Communication sector, also predominantly driven by MNE activity, declined by 7.4% in the quarter. The Agriculture, Forestry & Fishing sector rose strongly by 13.6% quarter-on-quarter while the domestically facing Construction sector increased by 0.9% over the period compared with Q2 2022. The Arts & Entertainment sector increased by 1.6% in Q3 while Real Estate and Public Administration, Education & Health sectors grew by 1.2% & 0.4% respectively in the quarter. Finance & Insurance recorded a decline of 5.2% in Q3 while the Professional & Administrative services sector fell by 2.5% over the same period. The domestically dominated Distribution, Transport, Hotels & Restaurants sector posted a modest 0.3% decline in Q3 2022. (See Table 2.5).
Column1 | Q3 2022 | Q2 2022 |
---|---|---|
Industry (excl. Construction) | 50.19095281 | 46.028773516 |
Information and Communication | 19.115283754 | 20.634551172 |
Professional, Admin and Support Services | 10.303558788 | 10.56829823 |
Public Admin, Education and Health | 9.616658369 | 9.578244293 |
Distribution, Transport, Hotels and Restaurants | 8.919680526 | 8.942207732 |
Real Estate Activities | 5.996288603 | 5.922973954 |
Financial and Insurance Activities | 4.665532978 | 4.923391849 |
Construction | 2.362668174 | 2.341187674 |
Arts, Entertainment and Other Services | 1.035594399 | 1.018987513 |
Agriculture Forestry and Fishing | 1.035104423 | 0.911171382 |
Get the data: NAQ02
Column1 | Q3 2022 |
---|---|
Information & Communication | -7.36273546895251 |
Financial & Insurance Activities | -5.23742328273898 |
Professional, Admin & Support Services | -2.50503379293829 |
Distribution, Transport, Hotels & Restaurants | -0.251919958416824 |
Public Admin, Education & Health | 0.40105550479721 |
Construction | 0.917504403365488 |
Real Estate Activities | 1.23780130673186 |
Arts, Entertainment & Other Services | 1.62974381806777 |
Industry (excl. Construction) | 9.04255963403673 |
Agriculture, Forestry & Fishing | 13.6015071860543 |
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 | 100.841832440944 | 103.655652268447 | 69.2278325250725 | 59.0401086867538 | 91.79816640916 | 95.0978428440161 | 93.7725860010804 | 97.4973799341447 | 91.528431193522 | 62.6467586305649 |
Q3 2020 | 92.0686645886504 | 104.167186300297 | 88.8565737477213 | 85.0914919691508 | 125.339900587211 | 93.7357636923138 | 96.3777194342152 | 102.243568810492 | 97.1982327590805 | 64.426783990487 |
Q4 2020 | 98.1867143723846 | 112.836362384395 | 94.8838262578141 | 84.192181540941 | 100.523753091549 | 96.8262493473921 | 101.474291327133 | 101.876995363124 | 97.3679566544644 | 65.9820608741711 |
Q1 2021 | 97.2647312283666 | 125.301341677085 | 75.2429530772831 | 77.3402816249321 | 115.263321524606 | 110.983773093927 | 102.536235817888 | 98.0247132351561 | 98.2640716051912 | 66.6411268161205 |
Q2 2021 | 91.876917530714 | 123.980820352746 | 84.7272832608041 | 83.9948256322615 | 115.685521066311 | 109.922474877791 | 104.127028523032 | 99.7165172496491 | 99.0317895322514 | 70.2733199571562 |
Q3 2021 | 108.11574170676 | 132.104470536248 | 88.8164207582334 | 88.3611896779719 | 124.776715993557 | 113.631364145605 | 104.876790974279 | 102.311630713317 | 100.102522751466 | 75.0441523253768 |
Q4 2021 | 95.3353747787067 | 128.203374387787 | 93.0809700463543 | 91.05257515006 | 132.837106832753 | 117.068299713871 | 106.046701417722 | 103.931190982895 | 100.472535041678 | 84.7945016456759 |
Q1 2022 | 100.408109600257 | 138.902508794177 | 97.3288973574834 | 92.36180630163 | 135.593666220189 | 119.717043669854 | 107.552194681793 | 106.229401659563 | 100.695192811988 | 77.6138989781416 |
Q2 2022 | 102.656589353135 | 146.707287641691 | 100.974760052719 | 95.151577815715 | 143.271052039383 | 118.684390446677 | 108.979857199744 | 105.175497399147 | 101.682730988067 | 85.4621411641109 |
Q3 2022 | 116.61943273096 | 159.973381614169 | 101.90120792249 | 94.9118720004487 | 132.722383474138 | 112.468386548446 | 110.328811296237 | 102.540815647407 | 102.090535178122 | 86.8549551265213 |
Comparisons with Q3 2021
Preliminary estimates for the third quarter of 2022 indicate that there was an increase of 10.9% in GDP in real terms in Q3 2022 compared with Q3 2021. The MNE-dominated Industry (excluding Construction) sector increased by 22.2% in Q3 compared with the equivalent quarter of 2021. The Information & Communication sector increased by 5.8% year-on-year over the same period. Of the domestic based sectors, Construction exhibited an increase of 13.3% compared with the same quarter of 2021 while the Arts & Entertainment sector rose by 15.6% year-on-year. The Agriculture sector grew by 8.1% year-on-year in Q3 2022. The Distribution, Transport, Hotels & Restaurants sector posted an increase of 6.9% in Q3 with Real Estate activities rising by 5.1% year-on-year. Year-on-year increases were also recorded in Public Administration, Education & Health (2.0%), the Professional & Administrative Services sector (0.3%) and Financial & Insurance activities (0.3%). (See Table 2.3)
FOR UPDATES TABLES, PLEASE CLICK ON THE FOLLOWING LINK: Quarterly National Accounts Q3 2022 Updates Tables (XLS 56KB)
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