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Quarterly National Accounts Quarter 3 2025

Domestic Demand

Modified Domestic Demand increased by 2.3% in Q3 2025

Online ISSN: 2009-5775

CSO statistical release, 04 December 2025, 11am

Table 5.1 Modified Final Domestic Demand by Component, Q3 2025¹
	Amount €m	Quarterly % change
Personal Consumption of Goods and Services	40,719	0.1
Net Expenditure by Central and Local Government on Current Goods and Services	14,718	2.1
Modified Gross Domestic Fixed Capital Formation	16,919	8.3
Modified Final Domestic Demand	72,356	2.3
¹Constant Market Prices, chain linked annually and referenced to year 2023 and seasonally adjusted

Open in Excel: Quarterly National Accounts Q3 2025 Table 5.1 (XLS 10KB)

Final Domestic Demand increased by 4.6% in Q3 2025 compared with Q2 2025, while Modified Final Domestic Demand increased by 2.3% over the same period. (See Tables 5.3 and 5.5)

	Personal Consumption of Goods and Services	Net Expenditure by Central and Local Government on Current Goods and Services	Modified Gross Domestic Fixed Capital Formation	Modified Final Domestic Demand
Q1 2023	38.3835125866	12.8519042629	16.4948787323	67.7226788278
Q2 2023	38.4741973197	13.06457533	15.4934907978	67.0270915138
Q3 2023	38.0637259418	13.2181642655	15.066007217	66.3487930595
Q4 2023	38.8885056404	14.0382473841	14.9327444523	67.8713905296
Q1 2024	39.1421507245	13.5260669071	15.4586117664	68.1268293981
Q2 2024	39.4296163746	13.9672914985	14.5752054098	67.972113283
Q3 2024	39.6292173158	14.0367997107	15.0492352738	68.7152523004
Q4 2024	40.195703709	14.4031986897	14.0607109831	68.6596133819
Q1 2025	40.3109664876	14.1322432934	15.9409975614	70.3842073426
Q2 2025	40.6612296885	14.4175091256	15.6256996875	70.7044385017
Q3 2025	40.7190742196	14.7182328487	16.9190770754	72.3563841438

Get the data: NAQ05

	Modified Final Domestic Demand
Q1 2023	7.23475569444845
Q2 2023	-1.02711134001165
Q3 2023	-1.01197655900128
Q4 2023	2.29483823275363
Q1 2024	0.376357205159361
Q2 2024	-0.227100125555413
Q3 2024	1.09329985711339
Q4 2024	-0.080970260076707
Q1 2025	2.51180260964685
Q2 2025	0.454975869148111
Q3 2025	2.33641009971428

Get the data: NAQ05

	Modified Final Domestic Demand	Net Exports & Other
Q1 2023	3.37607397428802	-5.23591716034686
Q2 2023	-0.52371429340595	1.22149314978842
Q3 2023	-0.507158501982572	-1.47526216582767
Q4 2023	1.16145934857377	-4.31454912901271
Q1 2024	0.201196361363429	1.44235887074286
Q2 2024	-0.119891624582829	0.56823488548911
Q3 2024	0.573298201126308	5.5331863133136
Q4 2024	-0.0404526772010358	3.3752718224101
Q1 2025	1.21341334376878	6.21059757288867
Q2 2025	0.209741383901946	0.0490322891931353
Q3 2025	1.07918004513958	-1.42105057249138

Comparisons with Q3 2024

Final Domestic Demand increased by 4.6% in Q3 2025 compared with Q3 2024, while Modified Final Domestic Demand grew by 5.1% over the same period (See Tables 5.2 and 5.5).

Table 5.2 Total Domestic Demand at Current Market Prices & Constant Prices (Chain linked annually and referenced to year 2023) - Non-Seasonally Adjusted

Table 5.2 Total Domestic Demand at Current Market Prices & Constant Prices (Chain linked annually and referenced to year 2023)¹ - Non-Seasonally Adjusted												€million
	Current Market Prices						Constant Market Prices
Period	Personal Consumption of Goods and Services	Net Exp. by Central and Local Government on Current Goods and Services	Gross Domestic Fixed Capital Formation	Final Domestic Demand	Value of Physical Changes in Stocks	Total Domestic Demand	Personal Consumption of Goods and Services	Net Exp. by Central and Local Government on Current Goods and Services	Gross Domestic Fixed Capital Formation	Final Domestic Demand	Value of Physical Changes in Stocks	Total Domestic Demand
2019	112,422	36,078	193,555	342,056	1,788	343,843	134,038	41,566	223,286	398,791	1,668	399,082
2020	102,101	40,725	157,989	300,815	4,594	305,409	121,518	46,365	186,513	354,241	4,742	358,556
2021	114,296	44,493	99,007	257,796	4,279	262,075	132,360	49,439	112,093	293,914	4,519	298,159
2022	135,461	48,314	110,101	293,876	9,061	302,937	146,605	50,683	115,202	312,345	8,895	321,265
2023	153,926	53,217	130,596	337,739	9,288	347,027	153,926	53,217	130,596	337,739	9,288	347,027
2024	164,748	57,298	97,634	319,679	5,067	324,746	158,459	56,048	93,421	307,929	5,257	313,186

2019
Q1	27,191	8,728	17,782	53,700	1,036	54,737	32,614	10,141	21,117	63,731	971	64,713
Q2	27,295	8,988	60,983	97,267	-318	96,948	32,470	10,287	71,112	113,908	-239	113,041
Q3	27,974	9,208	21,860	59,042	1,174	60,216	33,355	10,731	25,408	69,368	1,056	70,435
Q4	29,962	9,155	92,929	132,047	-105	131,942	35,599	10,406	105,649	151,784	-120	150,893
	112,422	36,078	193,555	342,056	1,788	343,843	134,038	41,566	223,286	398,791	1,668	399,082
2020
Q1	26,208	9,291	79,024	114,523	2,067	116,590	30,911	10,470	90,951	132,739	1,926	134,541
Q2	22,279	10,270	17,149	49,698	1,267	50,965	26,597	11,784	20,216	58,364	1,514	59,987
Q3	26,305	10,334	23,887	60,526	485	61,010	31,337	11,906	28,923	71,922	509	72,233
Q4	27,309	10,830	37,929	76,068	775	76,843	32,674	12,204	46,423	91,216	793	91,795
	102,101	40,725	157,989	300,815	4,594	305,409	121,518	46,365	186,513	354,241	4,742	358,556
2021
Q1	25,269	10,662	17,994	53,925	1,811	55,736	29,731	12,250	20,500	62,538	1,859	64,462
Q2	27,120	11,150	20,022	58,292	261	58,553	31,563	12,376	22,596	66,570	224	66,622
Q3	29,744	11,349	20,657	61,750	3,162	64,912	34,402	12,094	22,807	69,299	3,338	72,884
Q4	32,163	11,332	40,334	83,829	-955	82,874	36,664	12,719	46,190	95,508	-903	94,190
	114,296	44,493	99,007	257,796	4,279	262,075	132,360	49,439	112,093	293,914	4,519	298,159
2022
Q1	31,131	11,565	22,329	65,025	1,520	66,545	34,683	12,064	23,601	70,290	1,550	71,811
Q2	32,625	11,853	26,695	71,173	4,796	75,969	35,412	12,572	28,200	76,159	4,703	81,065
Q3	34,277	11,959	29,756	75,993	2,625	78,618	36,879	12,890	31,217	80,969	2,556	83,551
Q4	37,428	12,936	31,321	81,685	120	81,805	39,631	13,158	32,184	84,926	85	84,838
	135,461	48,314	110,101	293,876	9,061	302,937	146,605	50,683	115,202	312,345	8,895	321,265
2023
Q1	36,028	12,678	27,327	76,033	878	76,911	37,636	12,435	27,471	77,464	824	78,183
Q2	37,674	13,130	28,960	79,764	3,574	83,338	37,823	13,002	28,774	79,546	3,536	83,190
Q3	38,401	13,130	28,163	79,694	4,004	83,698	37,483	13,062	27,944	78,430	4,306	82,908
Q4	41,823	14,280	46,145	102,248	832	103,080	40,984	14,718	46,407	102,300	622	102,746
	153,926	53,217	130,596	337,739	9,288	347,027	153,926	53,217	130,596	337,739	9,288	347,027
2024
Q1	39,178	13,653	25,066	77,897	1,148	79,046	38,287	13,003	24,051	75,341	1,091	76,432
Q2	40,568	14,382	11,546	66,497	1,736	68,234	38,955	13,905	11,120	63,981	1,823	65,804
Q3	40,803	14,223	30,989	86,015	1,780	87,795	38,745	13,891	30,207	82,843	1,842	84,685
Q4	44,199	15,039	30,033	89,270	403	89,673	42,472	15,249	28,043	85,764	501	86,265
	164,748	57,298	97,634	319,679	5,067	324,746	158,459	56,048	93,421	307,929	5,257	313,186
2025
Q1	41,008	14,399	42,002	97,409	-4,734	92,675	39,381	13,505	40,257	93,144	-4,866	88,277
Q2	42,532	14,965	30,231	87,728	1,283	89,010	40,285	14,334	28,047	82,666	1,306	83,972
Q3	42,433	15,031	34,459	91,924	6,230	98,154	39,665	14,569	32,412	86,646	6,424	93,070

Percentage change on corresponding period of previous year
2019	4.6	9.1	107.0	46.1		46.3	2.9	5.8	99.7	42.0		42.2
2020	-9.2	12.9	-18.4	-12.1		-11.2	-9.3	11.5	-16.5	-11.2		-10.2
2021	11.9	9.3	-37.3	-14.3		-14.2	8.9	6.6	-39.9	-17.0		-16.8
2022	18.5	8.6	11.2	14.0		15.6	10.8	2.5	2.8	6.3		7.7
2023	13.6	10.1	18.6	14.9		14.6	5.0	5.0	13.4	8.1		8.0
2024	7.0	7.7	-25.2	-5.3		-6.4	2.9	5.3	-28.5	-8.8		-9.8

2019
Q1	4.6	8.5	13.6	8.1		6.2	3.0	7.2	12.5	6.6		4.8
Q2	5.0	9.4	249.1	88.2		86.5	3.3	4.9	241.7	83.9		82.2
Q3	4.3	8.2	12.1	7.7		9.8	2.8	5.9	9.5	5.6		7.6
Q4	4.4	10.4	127.4	69.6		72.2	2.5	5.4	115.4	62.4		65.1
2020
Q1	-3.6	6.5	344.4	113.3		113.0	-5.2	3.2	330.7	108.3		107.9
Q2	-18.4	14.3	-71.9	-48.9		-47.4	-18.1	14.6	-71.6	-48.8		-46.9
Q3	-6.0	12.2	9.3	2.5		1.3	-6.1	10.9	13.8	3.7		2.6
Q4	-8.9	18.3	-59.2	-42.4		-41.8	-8.2	17.3	-56.1	-39.9		-39.2
2021
Q1	-3.6	14.8	-77.2	-52.9		-52.2	-3.8	17.0	-77.5	-52.9		-52.1
Q2	21.7	8.6	16.8	17.3		14.9	18.7	5.0	11.8	14.1		11.1
Q3	13.1	9.8	-13.5	2.0		6.4	9.8	1.6	-21.1	-3.6		0.9
Q4	17.8	4.6	6.3	10.2		7.8	12.2	4.2	-0.5	4.7		2.6
2022
Q1	23.2	8.5	24.1	20.6		19.4	16.7	-1.5	15.1	12.4		11.4
Q2	20.3	6.3	33.3	22.1		29.7	12.2	1.6	24.8	14.4		21.7
Q3	15.2	5.4	44.0	23.1		21.1	7.2	6.6	36.9	16.8		14.6
Q4	16.4	14.2	-22.3	-2.6		-1.3	8.1	3.5	-30.3	-11.1		-9.9
2023
Q1	15.7	9.6	22.4	16.9		15.6	8.5	3.1	16.4	10.2		8.9
Q2	15.5	10.8	8.5	12.1		9.7	6.8	3.4	2.0	4.4		2.6
Q3	12.0	9.8	-5.4	4.9		6.5	1.6	1.3	-10.5	-3.1		-0.8
Q4	11.7	10.4	47.3	25.2		26.0	3.4	11.9	44.2	20.5		21.1
2024
Q1	8.7	7.7	-8.3	2.5		2.8	1.7	4.6	-12.4	-2.7		-2.2
Q2	7.7	9.5	-60.1	-16.6		-18.1	3.0	6.9	-61.4	-19.6		-20.9
Q3	6.3	8.3	10.0	7.9		4.9	3.4	6.3	8.1	5.6		2.1
Q4	5.7	5.3	-34.9	-12.7		-13.0	3.6	3.6	-39.6	-16.2		-16.0
2025
Q1	4.7	5.5	67.6	25.0		17.2	2.9	3.9	67.4	23.6		15.5
Q2	4.8	4.0	161.8	31.9		30.4	3.4	3.1	152.2	29.2		27.6
Q3	4.0	5.7	11.2	6.9		11.8	2.4	4.9	7.3	4.6		9.9
¹Chain linked series not additive

Open in Excel: Quarterly National Accounts Q3 2025 Table 5.2 (XLS 24KB)

Visit Table NAQ04 on PxStat

Table 5.3 Total Domestic Demand at Current Market Prices & Constant Prices (Chain linked annually and referenced to year 2023) - Seasonally Adjusted

Table 5.3 Total Domestic Demand at Current Market Prices & Constant Prices (Chain linked annually and referenced to year 2023)¹ - Seasonally Adjusted												€million
	Current Market Prices						Constant Market Prices
Period	Personal Consumption of Goods and Services	Net Exp. by Central and Local Government on Current Goods and Services	Gross Domestic Fixed Capital Formation	Final Domestic Demand	Value of Physical Changes in Stocks	Total Domestic Demand	Personal Consumption of Goods and Services	Net Exp. by Central and Local Government on Current Goods and Services	Gross Domestic Fixed Capital Formation	Final Domestic Demand	Value of Physical Changes in Stocks	Total Domestic Demand
2019
Q1	27,660	8,835	19,341	55,836	1,036	56,872	33,088	10,285	23,639	66,843	971	67,810
Q2	27,965	8,978	61,733	98,677	-318	98,359	33,530	10,366	72,393	116,382	-239	115,503
Q3	28,112	9,141	21,844	59,096	1,174	60,270	33,569	10,652	25,308	69,367	1,056	70,435
Q4	28,634	9,115	90,358	128,107	-105	128,002	33,993	10,339	101,473	146,052	-120	145,188
2020
Q1	26,730	9,413	80,844	116,987	2,067	119,054	31,339	10,625	93,802	136,276	1,926	138,063
Q2	22,765	10,243	17,790	50,799	1,267	52,066	27,456	11,849	21,319	60,370	1,514	61,985
Q3	26,412	10,302	23,825	60,539	485	61,024	31,376	11,886	28,682	71,689	509	72,002
Q4	26,083	10,738	35,314	72,135	775	72,910	31,129	12,052	42,176	85,271	793	85,877
2021
Q1	25,842	10,813	19,758	56,412	1,811	58,224	30,173	12,463	23,667	66,348	1,859	68,261
Q2	27,686	11,105	20,741	59,532	261	59,793	32,389	12,428	23,580	68,418	224	68,466
Q3	29,884	11,384	20,482	61,751	3,162	64,912	34,471	12,154	22,356	68,973	3,338	72,558
Q4	30,677	11,161	37,683	79,521	-955	78,567	34,926	12,416	41,939	89,246	-903	87,950
2022
Q1	31,913	11,749	24,382	68,044	1,520	69,564	35,258	12,365	27,272	74,862	1,550	76,374
Q2	33,226	11,799	27,256	72,281	4,796	77,076	36,199	12,625	28,673	77,466	4,703	82,366
Q3	34,513	12,055	29,559	76,127	2,625	78,752	37,187	13,000	30,655	80,820	2,556	83,402
Q4	35,655	12,672	28,922	77,250	120	77,369	37,722	12,700	28,708	79,078	85	79,004
2023
Q1	36,980	12,892	29,382	79,254	878	80,132	38,384	12,852	31,114	82,321	824	83,029
Q2	38,258	13,075	29,326	80,658	3,574	84,231	38,474	13,065	28,912	80,390	3,536	84,032
Q3	38,760	13,281	27,924	79,965	4,004	83,969	38,064	13,218	27,417	78,624	4,306	83,103
Q4	39,813	13,925	44,168	97,906	832	98,738	38,889	14,038	43,356	96,447	622	96,905
2024
Q1	40,249	13,898	27,032	81,179	1,148	82,328	39,142	13,526	27,688	80,357	1,091	81,448
Q2	41,096	14,334	11,639	67,069	1,736	68,806	39,430	13,967	11,043	64,440	1,823	66,263
Q3	41,274	14,404	30,676	86,355	1,780	88,135	39,629	14,037	29,324	82,990	1,842	84,833
Q4	42,061	14,631	28,244	84,936	403	85,339	40,196	14,403	25,444	80,043	501	80,543
2025
Q1	42,157	14,672	43,987	100,816	-4,734	96,082	40,311	14,132	43,957	98,400	-4,866	93,534
Q2	42,999	14,919	30,391	88,308	1,283	89,591	40,661	14,418	27,906	82,985	1,306	84,291
Q3	43,000	15,230	34,068	92,299	6,230	98,529	40,719	14,718	31,388	86,826	6,424	93,249

Percentage change on previous quarter
2019
Q1	0.9	6.8	-50.0	-24.9		-22.2	-0.1	4.6	-47.7	-24.0		-21.1
Q2	1.1	1.6	219.2	76.7		72.9	1.3	0.8	206.2	74.1		70.3
Q3	0.5	1.8	-64.6	-40.1		-38.7	0.1	2.8	-65.0	-40.4		-39.0
Q4	1.9	-0.3	313.7	116.8		112.4	1.3	-2.9	301.0	110.5		106.1
2020
Q1	-6.7	3.3	-10.5	-8.7		-7.0	-7.8	2.8	-7.6	-6.7		-4.9
Q2	-14.8	8.8	-78.0	-56.6		-56.3	-12.4	11.5	-77.3	-55.7		-55.1
Q3	16.0	0.6	33.9	19.2		17.2	14.3	0.3	34.5	18.7		16.2
Q4	-1.2	4.2	48.2	19.2		19.5	-0.8	1.4	47.0	18.9		19.3
2021
Q1	-0.9	0.7	-44.1	-21.8		-20.1	-3.1	3.4	-43.9	-22.2		-20.5
Q2	7.1	2.7	5.0	5.5		2.7	7.3	-0.3	-0.4	3.1		0.3
Q3	7.9	2.5	-1.2	3.7		8.6	6.4	-2.2	-5.2	0.8		6.0
Q4	2.7	-2.0	84.0	28.8		21.0	1.3	2.2	87.6	29.4		21.2
2022
Q1	4.0	5.3	-35.3	-14.4		-11.5	1.0	-0.4	-35.0	-16.1		-13.2
Q2	4.1	0.4	11.8	6.2		10.8	2.7	2.1	5.1	3.5		7.8
Q3	3.9	2.2	8.5	5.3		2.2	2.7	3.0	6.9	4.3		1.3
Q4	3.3	5.1	-2.2	1.5		-1.8	1.4	-2.3	-6.4	-2.2		-5.3
2023
Q1	3.7	1.7	1.6	2.6		3.6	1.8	1.2	8.4	4.1		5.1
Q2	3.5	1.4	-0.2	1.8		5.1	0.2	1.7	-7.1	-2.3		1.2
Q3	1.3	1.6	-4.8	-0.9		-0.3	-1.1	1.2	-5.2	-2.2		-1.1
Q4	2.7	4.8	58.2	22.4		17.6	2.2	6.2	58.1	22.7		16.6
2024
Q1	1.1	-0.2	-38.8	-17.1		-16.6	0.7	-3.6	-36.1	-16.7		-16.0
Q2	2.1	3.1	-56.9	-17.4		-16.4	0.7	3.3	-60.1	-19.8		-18.6
Q3	0.4	0.5	163.6	28.8		28.1	0.5	0.5	165.6	28.8		28.0
Q4	1.9	1.6	-7.9	-1.6		-3.2	1.4	2.6	-13.2	-3.6		-5.1
2025
Q1	0.2	0.3	55.7	18.7		12.6	0.3	-1.9	72.8	22.9		16.1
Q2	2.0	1.7	-30.9	-12.4		-6.8	0.9	2.0	-36.5	-15.7		-9.9
Q3	0.0	2.1	12.1	4.5		10.0	0.1	2.1	12.5	4.6		10.6
¹Chain linked series not additive

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Table 5.4 Modified Total Domestic Demand at Current Market Prices & Constant Prices (Chain linked annually and referenced to year 2023) - Non-Seasonally Adjusted

Table 5.4 Modified Total Domestic Demand at Current Market Prices & Constant Prices (Chain linked annually and referenced to year 2023)¹ - Non-Seasonally Adjusted												€million
	Current Market Prices						Constant Market Prices
Period	Personal Consumption of Goods and Services	Net Exp. by Central and Local Government on Current Goods and Services	Modified Gross Domestic Fixed Capital Formation	Modified Final Domestic Demand	Value of Physical Changes in Stocks	Modified Total Domestic Demand	Personal Consumption of Goods and Services	Net Exp. by Central and Local Government on Current Goods and Services	Modified Gross Domestic Fixed Capital Formation	Modified Final Domestic Demand	Value of Physical Changes in Stocks	Modified Total Domestic Demand
2019	112,422	36,078	41,315	189,815	1,788	191,603	134,038	41,566	53,916	229,121	1,668	229,605
2020	102,101	40,725	37,634	180,460	4,594	185,053	121,518	46,365	48,258	216,241	4,742	220,767
2021	114,296	44,493	43,175	201,964	4,279	206,243	132,360	49,439	51,804	233,705	4,519	237,896
2022	135,461	48,314	52,344	236,119	9,061	245,180	146,605	50,683	56,021	253,302	8,895	262,210
2023	153,926	53,217	61,754	268,898	9,288	278,186	153,926	53,217	61,754	268,898	9,288	278,186
2024	164,748	57,298	61,789	283,835	5,067	288,902	158,459	56,048	59,133	273,641	5,257	278,898

2019
Q1	27,191	8,728	9,559	45,477	1,036	46,514	32,614	10,141	12,747	55,437	971	56,327
Q2	27,295	8,988	9,156	45,439	-318	45,121	32,470	10,287	12,033	54,788	-239	54,036
Q3	27,974	9,208	11,236	48,418	1,174	49,592	33,355	10,731	14,667	58,565	1,056	59,546
Q4	29,962	9,155	11,364	50,481	-105	50,376	35,599	10,406	14,469	60,331	-120	59,697
	112,422	36,078	41,315	189,815	1,788	191,603	134,038	41,566	53,916	229,121	1,668	229,605
2020
Q1	26,208	9,291	9,546	45,045	2,067	47,112	30,911	10,470	12,065	53,424	1,926	55,511
Q2	22,279	10,270	7,214	39,763	1,267	41,030	26,597	11,784	9,603	48,156	1,514	49,753
Q3	26,305	10,334	10,510	47,149	485	47,634	31,337	11,906	13,526	56,711	509	56,954
Q4	27,309	10,830	10,363	48,502	775	49,277	32,674	12,204	13,064	57,949	793	58,549
	102,101	40,725	37,634	180,460	4,594	185,053	121,518	46,365	48,258	216,241	4,742	220,767
2021
Q1	25,269	10,662	9,555	45,485	1,811	47,297	29,731	12,250	11,771	53,827	1,859	55,738
Q2	27,120	11,150	9,841	48,112	261	48,373	31,563	12,376	12,182	56,187	224	56,199
Q3	29,744	11,349	11,231	52,324	3,162	55,486	34,402	12,094	13,416	59,903	3,338	63,496
Q4	32,163	11,332	12,548	56,043	-955	55,088	36,664	12,719	14,434	63,788	-903	62,464
	114,296	44,493	43,175	201,964	4,279	206,243	132,360	49,439	51,804	233,705	4,519	237,896
2022
Q1	31,131	11,565	11,865	54,561	1,520	56,081	34,683	12,064	13,049	59,805	1,550	61,308
Q2	32,625	11,853	13,918	58,396	4,796	63,192	35,412	12,572	15,065	63,005	4,703	67,942
Q3	34,277	11,959	13,981	60,218	2,625	62,843	36,879	12,890	14,979	64,721	2,556	67,307
Q4	37,428	12,936	12,580	62,944	120	63,064	39,631	13,158	12,927	65,770	85	65,654
	135,461	48,314	52,344	236,119	9,061	245,180	146,605	50,683	56,021	253,302	8,895	262,210
2023
Q1	36,028	12,678	15,835	64,541	878	65,419	37,636	12,435	16,004	66,064	824	66,757
Q2	37,674	13,130	14,982	65,786	3,574	69,360	37,823	13,002	15,072	65,895	3,536	69,544
Q3	38,401	13,130	15,660	67,191	4,004	71,195	37,483	13,062	15,626	66,175	4,306	70,662
Q4	41,823	14,280	15,277	71,380	832	72,212	40,984	14,718	15,053	70,764	622	71,223
	153,926	53,217	61,754	268,898	9,288	278,186	153,926	53,217	61,754	268,898	9,288	278,186
2024
Q1	39,178	13,653	15,671	68,502	1,148	69,651	38,287	13,003	15,014	66,304	1,091	67,395
Q2	40,568	14,382	14,800	69,751	1,736	71,487	38,955	13,905	14,232	67,093	1,823	68,916
Q3	40,803	14,223	16,330	71,356	1,780	73,136	38,745	13,891	15,812	68,448	1,842	70,290
Q4	44,199	15,039	14,988	74,226	403	74,628	42,472	15,249	14,075	71,796	501	72,296
	164,748	57,298	61,789	283,835	5,067	288,902	158,459	56,048	59,133	273,641	5,257	278,898
2025
Q1	41,008	14,399	16,673	72,080	-4,734	67,346	39,381	13,505	15,417	68,304	-4,866	63,437
Q2	42,532	14,965	16,342	73,839	1,283	75,122	40,285	14,334	15,302	69,921	1,306	71,228
Q3	42,433	15,031	18,979	76,443	6,230	82,673	39,665	14,569	17,680	71,914	6,424	78,337

Percentage change on corresponding period of previous year
2019	4.6	9.1	0.4	4.5		4.9	2.9	5.8	-2.7	2.1		2.6
2020	-9.2	12.9	-8.9	-4.9		-3.4	-9.3	11.5	-10.5	-5.6		-3.8
2021	11.9	9.3	14.7	11.9		11.5	8.9	6.6	7.3	8.1		7.8
2022	18.5	8.6	21.2	16.9		18.9	10.8	2.5	8.1	8.4		10.2
2023	13.6	10.1	18.0	13.9		13.5	5.0	5.0	10.2	6.2		6.1
2024	7.0	7.7	0.1	5.6		3.9	2.9	5.3	-4.2	1.8		0.3

2019
Q1	4.6	8.5	-1.8	3.9		1.9	3.0	7.2	-4.5	2.0		0.2
Q2	5.0	9.4	-9.9	2.4		1.0	3.3	4.9	-12.5	-0.0		-1.3
Q3	4.3	8.2	7.2	5.7		8.3	2.8	5.9	4.6	3.8		6.2
Q4	4.4	10.4	5.3	5.7		8.3	2.5	5.4	1.2	2.7		5.3
2020
Q1	-3.6	6.5	-0.1	-1.0		1.3	-5.2	3.2	-5.3	-3.6		-1.4
Q2	-18.4	14.3	-21.2	-12.5		-9.1	-18.1	14.6	-20.2	-12.1		-7.9
Q3	-6.0	12.2	-6.5	-2.6		-3.9	-6.1	10.9	-7.8	-3.2		-4.4
Q4	-8.9	18.3	-8.8	-3.9		-2.2	-8.2	17.3	-9.7	-3.9		-1.9
2021
Q1	-3.6	14.8	0.1	1.0		0.4	-3.8	17.0	-2.4	0.8		0.4
Q2	21.7	8.6	36.4	21.0		17.9	18.7	5.0	26.9	16.7		13.0
Q3	13.1	9.8	6.9	11.0		16.5	9.8	1.6	-0.8	5.6		11.5
Q4	17.8	4.6	21.1	15.5		11.8	12.2	4.2	10.5	10.1		6.7
2022
Q1	23.2	8.5	24.2	20.0		18.6	16.7	-1.5	10.9	11.1		10.0
Q2	20.3	6.3	41.4	21.4		30.6	12.2	1.6	23.7	12.1		20.9
Q3	15.2	5.4	24.5	15.1		13.3	7.2	6.6	11.6	8.0		6.0
Q4	16.4	14.2	0.3	12.3		14.5	8.1	3.5	-10.4	3.1		5.1
2023
Q1	15.7	9.6	33.5	18.3		16.7	8.5	3.1	22.6	10.5		8.9
Q2	15.5	10.8	7.6	12.7		9.8	6.8	3.4	0.0	4.6		2.4
Q3	12.0	9.8	12.0	11.6		13.3	1.6	1.3	4.3	2.2		5.0
Q4	11.7	10.4	21.4	13.4		14.5	3.4	11.9	16.4	7.6		8.5
2024
Q1	8.7	7.7	-1.0	6.1		6.5	1.7	4.6	-6.2	0.4		1.0
Q2	7.7	9.5	-1.2	6.0		3.1	3.0	6.9	-5.6	1.8		-0.9
Q3	6.3	8.3	4.3	6.2		2.7	3.4	6.3	1.2	3.4		-0.5
Q4	5.7	5.3	-1.9	4.0		3.3	3.6	3.6	-6.5	1.5		1.5
2025
Q1	4.7	5.5	6.4	5.2		-3.3	2.9	3.9	2.7	3.0		-5.9
Q2	4.8	4.0	10.4	5.9		5.1	3.4	3.1	7.5	4.2		3.4
Q3	4.0	5.7	16.2	7.1		13.0	2.4	4.9	11.8	5.1		11.4
¹Chain linked series not additive

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Table 5.5 Modified Total Domestic Demand at Current Market Prices & Constant Prices (Chain linked annually and referenced to year 2023) - Seasonally Adjusted

Table 5.5 Modified Total Domestic Demand at Current Market Prices & Constant Prices (Chain linked annually and referenced to year 2023)¹ - Seasonally Adjusted												€million
	Current Market Prices						Constant Market Prices
Period	Personal Consumption of Goods and Services	Net Exp. by Central and Local Government on Current Goods and Services	Modified Gross Domestic Fixed Capital Formation	Modified Final Domestic Demand	Value of Physical Changes in Stocks	Modified Total Domestic Demand	Personal Consumption of Goods and Services	Net Exp. by Central and Local Government on Current Goods and Services	Modified Gross Domestic Fixed Capital Formation	Modified Final Domestic Demand	Value of Physical Changes in Stocks	Modified Total Domestic Demand
2019
Q1	27,660	8,835	9,913	46,408	1,036	47,444	33,088	10,285	13,453	56,716	971	57,596
Q2	27,965	8,978	9,745	46,689	-318	46,371	33,530	10,366	12,784	56,635	-239	55,866
Q3	28,112	9,141	10,777	48,030	1,174	49,204	33,569	10,652	14,040	58,127	1,056	59,111
Q4	28,634	9,115	10,825	48,575	-105	48,470	33,993	10,339	13,545	57,778	-120	57,162
2020
Q1	26,730	9,413	9,891	46,034	2,067	48,101	31,339	10,625	12,737	54,639	1,926	56,719
Q2	22,765	10,243	7,643	40,651	1,267	41,918	27,456	11,849	10,178	49,621	1,514	51,208
Q3	26,412	10,302	10,048	46,763	485	47,247	31,376	11,886	12,936	56,182	509	56,429
Q4	26,083	10,738	10,017	46,838	775	47,613	31,129	12,052	12,148	55,375	793	55,993
2021
Q1	25,842	10,813	9,604	46,259	1,811	48,070	30,173	12,463	12,238	54,928	1,859	56,835
Q2	27,686	11,105	10,347	49,138	261	49,399	32,389	12,428	12,802	57,650	224	57,657
Q3	29,884	11,384	10,691	51,960	3,162	55,122	34,471	12,154	12,708	59,371	3,338	62,965
Q4	30,677	11,161	12,322	54,160	-955	53,205	34,926	12,416	13,628	60,966	-903	59,658
2022
Q1	31,913	11,749	11,970	55,632	1,520	57,151	35,258	12,365	13,676	61,300	1,550	62,799
Q2	33,226	11,799	14,389	59,414	4,796	64,210	36,199	12,625	15,563	64,333	4,703	69,263
Q3	34,513	12,055	13,398	59,966	2,625	62,591	37,187	13,000	14,222	64,415	2,556	67,001
Q4	35,655	12,672	12,650	60,977	120	61,097	37,722	12,700	12,686	63,154	85	63,048
2023
Q1	36,980	12,892	15,822	65,694	878	66,572	38,384	12,852	16,495	67,723	824	68,411
Q2	38,258	13,075	15,350	66,682	3,574	70,256	38,474	13,065	15,493	67,027	3,536	70,673
Q3	38,760	13,281	15,038	67,079	4,004	71,083	38,064	13,218	15,066	66,349	4,306	70,835
Q4	39,813	13,925	15,777	69,514	832	70,346	38,889	14,038	14,933	67,871	622	68,339
2024
Q1	40,249	13,898	15,465	69,612	1,148	70,760	39,142	13,526	15,459	68,127	1,091	69,218
Q2	41,096	14,334	14,994	70,424	1,736	72,160	39,430	13,967	14,575	67,972	1,823	69,795
Q3	41,274	14,404	15,653	71,332	1,780	73,112	39,629	14,037	15,049	68,715	1,842	70,558
Q4	42,061	14,631	15,624	72,316	403	72,718	40,196	14,403	14,061	68,660	501	69,160
2025
Q1	42,157	14,672	16,462	73,291	-4,734	68,557	40,311	14,132	15,941	70,384	-4,866	65,518
Q2	42,999	14,919	16,635	74,553	1,283	75,836	40,661	14,418	15,626	70,704	1,306	72,011
Q3	43,000	15,230	18,263	76,494	6,230	82,724	40,719	14,718	16,919	72,356	6,424	78,780

Percentage change on previous quarter
2019
Q1	0.9	6.8	-4.2	0.8		6.0	-0.1	4.6	0.3	0.8		6.3
Q2	1.1	1.6	-1.7	0.6		-2.3	1.3	0.8	-5.0	-0.1		-3.0
Q3	0.5	1.8	10.6	2.9		6.1	0.1	2.8	9.8	2.6		5.8
Q4	1.9	-0.3	0.4	1.1		-1.5	1.3	-2.9	-3.5	-0.6		-3.3
2020
Q1	-6.7	3.3	-8.6	-5.2		-0.8	-7.8	2.8	-6.0	-5.4		-0.8
Q2	-14.8	8.8	-22.7	-11.7		-12.9	-12.4	11.5	-20.1	-9.2		-9.7
Q3	16.0	0.6	31.5	15.0		12.7	14.3	0.3	27.1	13.2		10.2
Q4	-1.2	4.2	-0.3	0.2		0.8	-0.8	1.4	-6.1	-1.4		-0.8
2021
Q1	-0.9	0.7	-4.1	-1.2		1.0	-3.1	3.4	0.7	-0.8		1.5
Q2	7.1	2.7	7.7	6.2		2.8	7.3	-0.3	4.6	5.0		1.4
Q3	7.9	2.5	3.3	5.7		11.6	6.4	-2.2	-0.7	3.0		9.2
Q4	2.7	-2.0	15.3	4.2		-3.5	1.3	2.2	7.2	2.7		-5.3
2022
Q1	4.0	5.3	-2.9	2.7		7.4	1.0	-0.4	0.4	0.5		5.3
Q2	4.1	0.4	20.2	6.8		12.4	2.7	2.1	13.8	4.9		10.3
Q3	3.9	2.2	-6.9	0.9		-2.5	2.7	3.0	-8.6	0.1		-3.3
Q4	3.3	5.1	-5.6	1.7		-2.4	1.4	-2.3	-10.8	-2.0		-5.9
2023
Q1	3.7	1.7	25.1	7.7		9.0	1.8	1.2	30.0	7.2		8.5
Q2	3.5	1.4	-3.0	1.5		5.5	0.2	1.7	-6.1	-1.0		3.3
Q3	1.3	1.6	-2.0	0.6		1.2	-1.1	1.2	-2.8	-1.0		0.2
Q4	2.7	4.8	4.9	3.6		-1.0	2.2	6.2	-0.9	2.3		-3.5
2024
Q1	1.1	-0.2	-2.0	0.1		0.6	0.7	-3.6	3.5	0.4		1.3
Q2	2.1	3.1	-3.0	1.2		2.0	0.7	3.3	-5.7	-0.2		0.8
Q3	0.4	0.5	4.4	1.3		1.3	0.5	0.5	3.3	1.1		1.1
Q4	1.9	1.6	-0.2	1.4		-0.5	1.4	2.6	-6.6	-0.1		-2.0
2025
Q1	0.2	0.3	5.4	1.3		-5.7	0.3	-1.9	13.4	2.5		-5.3
Q2	2.0	1.7	1.1	1.7		10.6	0.9	2.0	-2.0	0.5		9.9
Q3	0.0	2.1	9.8	2.6		9.1	0.1	2.1	8.3	2.3		9.4
¹Chain linked series not additive

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Table 5.6 Components of Modified Gross Domestic Fixed Capital Formation at Current Market Prices - Non-Seasonally Adjusted

Table 5.6 Components of Modified 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 excluding Aircraft related to Leasing	Intangible Assets excluding R&D service imports and trade in IP	Modified Gross Domestic Fixed Capital Formation	Aircraft related to Leasing	R&D service imports and trade in IP
2019	4,344	2,880	16,229	1,505	9,849	6,509	41,315	16,086	136,154
2020	4,417	2,705	14,871	1,162	7,834	6,646	37,634	9,948	110,407
2021	4,412	5,114	15,426	1,472	9,909	6,842	43,175	10,682	45,149
2022	7,531	5,707	15,973	1,891	13,773	7,469	52,344	12,847	44,910
2023	9,916	7,962	16,697	1,560	14,750	10,869	61,754	14,366	54,475
2024	10,311	7,810	16,316	1,591	13,476	12,286	61,789	12,074	23,771

2019
Q1	959	699	3,091	333	2,851	1,627	9,559	3,502	4,721
Q2	1,015	683	3,407	341	n/a	n/a	9,156	n/a	n/a
Q3	1,253	808	4,503	381	n/a	n/a	11,236	n/a	n/a
Q4	1,117	691	5,228	450	n/a	n/a	11,364	n/a	n/a
	4,344	2,880	16,229	1,505	9,849	6,509	41,315	16,086	136,154
2020
Q1	1,163	491	3,621	375	n/a	n/a	9,546	n/a	n/a
Q2	683	550	2,351	193	n/a	n/a	7,214	n/a	n/a
Q3	1,159	774	4,214	216	2,341	1,806	10,510	2,369	11,007
Q4	1,411	889	4,685	378	1,898	1,102	10,363	4,167	23,399
	4,417	2,705	14,871	1,162	7,834	6,646	37,634	9,948	110,407
2021
Q1	911	871	2,593	331	2,940	1,908	9,555	2,287	6,152
Q2	1,096	1,303	3,126	359	2,114	1,843	9,841	3,205	6,975
Q3	1,058	1,358	4,479	331	2,237	1,766	11,231	1,698	7,728
Q4	1,346	1,582	5,227	450	2,618	1,324	12,548	3,492	24,294
	4,412	5,114	15,426	1,472	9,909	6,842	43,175	10,682	45,149
2022
Q1	1,500	1,251	3,234	416	3,343	2,120	11,865	2,311	8,153
Q2	1,969	1,371	3,610	437	n/a	n/a	13,918	n/a	n/a
Q3	2,011	1,482	4,525	590	n/a	n/a	13,981	n/a	n/a
Q4	2,051	1,603	4,604	448	2,412	1,462	12,580	4,992	13,749
	7,531	5,707	15,973	1,891	13,773	7,469	52,344	12,847	44,910
2023
Q1	2,146	1,902	3,730	376	4,274	3,407	15,835	2,769	8,724
Q2	2,260	1,868	3,950	370	3,812	2,722	14,982	4,035	9,943
Q3	2,758	1,991	4,595	394	3,651	2,271	15,660	2,698	9,805
Q4	2,752	2,201	4,421	421	3,014	2,469	15,277	4,864	26,004
	9,916	7,962	16,697	1,560	14,750	10,869	61,754	14,366	54,475
2024
Q1	2,123	1,849	3,233	335	4,272	3,859	15,671	787	8,608
Q2	2,365	1,781	3,877	381	n/a	n/a	14,800	n/a	n/a
Q3	3,276	2,046	4,575	374	3,110	2,949	16,330	3,905	10,754
Q4	2,547	2,134	4,632	500	n/a	n/a	14,988	n/a	n/a
	10,311	7,810	16,316	1,591	13,476	12,286	61,789	12,074	23,771
2025
Q1	2,279	2,137	3,890	402	4,028	3,937	16,673	2,737	22,592
Q2	3,412	2,140	4,142	425	3,532	2,692	16,342	2,600	11,288
Q3	3,595	2,157	4,801	424	3,646	4,355	18,979	2,988	12,493

Percentage change on corresponding period of previous year
2019	11.4	-10.6	15.2	8.4	-12.0	-11.8	0.4	5.1	267.7
2020	1.7	-6.1	-8.4	-22.8	-20.5	2.1	-8.9	-38.2	-18.9
2021	-0.1	89.1	3.7	26.7	26.5	2.9	14.7	7.4	-59.1
2022	70.7	11.6	3.5	28.4	39.0	9.2	21.2	20.3	-0.5
2023	31.7	39.5	4.5	-17.5	7.1	45.5	18.0	11.8	21.3
2024	4.0	-1.9	-2.3	2.0	-8.6	13.0	0.1	-16.0	-56.4

2019
Q1	18.3	-20.8	16.5	12.5	-16.0	-3.9	-1.8	54.6	29.1
Q2	3.2	-18.9	10.1	-1.0	n/a	n/a	-9.9	n/a	n/a
Q3	14.7	3.7	15.0	10.6	n/a	n/a	7.2	n/a	n/a
Q4	10.0	-4.1	18.3	11.6	n/a	n/a	5.3	n/a	n/a
2020
Q1	21.3	-29.8	17.1	12.7	n/a	n/a	-0.1	n/a	n/a
Q2	-32.7	-19.4	-31.0	-43.3	n/a	n/a	-21.2	n/a	n/a
Q3	-7.5	-4.1	-6.4	-43.3	n/a	n/a	-6.5	n/a	n/a
Q4	26.3	28.6	-10.4	-16.1	n/a	n/a	-8.8	n/a	n/a
2021
Q1	-21.7	77.5	-28.4	-11.6	n/a	n/a	0.1	n/a	n/a
Q2	60.4	136.8	33.0	86.1	n/a	n/a	36.4	n/a	n/a
Q3	-8.7	75.4	6.3	53.5	-4.4	-2.2	6.9	-28.3	-29.8
Q4	-4.6	77.9	11.6	19.0	38.0	20.2	21.1	-16.2	3.8
2022
Q1	64.7	43.7	24.7	25.4	13.7	11.1	24.2	1.0	32.5
Q2	79.7	5.2	15.5	21.5	n/a	n/a	41.4	n/a	n/a
Q3	90.0	9.1	1.0	78.1	n/a	n/a	24.5	n/a	n/a
Q4	52.3	1.3	-11.9	-0.5	-7.9	10.4	0.3	43.0	-43.4
2023
Q1	43.1	52.0	15.3	-9.6	27.8	60.7	33.5	19.8	7.0
Q2	14.8	36.3	9.4	-15.4	n/a	n/a	7.6	n/a	n/a
Q3	37.1	34.4	1.6	-33.3	n/a	n/a	12.0	n/a	n/a
Q4	34.2	37.3	-4.0	-6.0	25.0	68.8	21.4	-2.6	89.1
2024
Q1	-1.1	-2.8	-13.3	-10.8	-0.0	13.3	-1.0	-71.6	-1.3
Q2	4.6	-4.7	-1.9	3.0	n/a	n/a	-1.2	n/a	n/a
Q3	18.8	2.8	-0.5	-5.0	-14.8	29.8	4.3	44.7	9.7
Q4	-7.5	-3.0	4.8	19.0	n/a	n/a	-1.9	n/a	n/a
2025
Q1	7.3	15.6	20.3	20.0	-5.7	2.0	6.4	247.8	162.5
Q2	44.2	20.1	6.8	11.7	n/a	n/a	10.4	n/a	n/a
Q3	9.8	5.4	5.0	13.2	17.2	47.7	16.2	-23.5	16.2
n/a Data suppressed for confidentiality reasons

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Table 5.7 Components of Modified Gross Domestic Fixed Capital Formation at Constant Prices (Chain linked annually and referenced to year 2023) - Non-Seasonally Adjusted

Table 5.7 Components of Modified Gross Domestic Fixed Capital Formation at Constant Prices (Chain linked annually and referenced to year 2023)¹ - Non-Seasonally Adjusted									€million
Period	Dwellings	Improvements	Other Building and Construction	Transfer Costs	Machinery and Equipment excluding Aircraft related to Leasing	Intangible Assets excluding R&D service imports and trade in IP	Modified Gross Domestic Fixed Capital Formation	Aircraft related to Leasing	R&D service imports and trade in IP
2019	7,522	3,895	21,946	1,931	10,444	8,112	53,916	18,885	142,182
2020	7,238	3,552	19,529	1,475	8,573	8,098	48,258	11,528	119,965
2021	6,777	6,053	18,265	1,716	10,938	7,798	51,804	12,053	47,973
2022	9,338	5,997	16,782	1,962	14,159	7,817	56,021	13,658	45,645
2023	9,916	7,962	16,697	1,560	14,750	10,869	61,754	14,366	54,475
2024	9,499	7,584	15,843	1,490	13,240	11,477	59,133	11,731	22,557

2019
Q1	1,680	985	4,342	432	3,007	2,053	12,747	4,129	5,125
Q2	1,768	943	4,706	440	n/a	n/a	12,033	n/a	n/a
Q3	2,151	1,098	6,146	485	n/a	n/a	14,667	n/a	n/a
Q4	1,923	869	6,753	575	n/a	n/a	14,469	n/a	n/a
	7,522	3,895	21,946	1,931	10,444	8,112	53,916	18,885	142,182
2020
Q1	1,925	619	4,684	478	n/a	n/a	12,065	n/a	n/a
Q2	1,124	805	3,316	247	n/a	n/a	9,603	n/a	n/a
Q3	1,895	997	5,491	275	2,554	2,306	13,526	2,750	12,913
Q4	2,293	1,131	6,039	476	2,109	1,277	13,064	4,814	27,287
	7,238	3,552	19,529	1,475	8,573	8,098	48,258	11,528	119,965
2021
Q1	1,427	1,070	3,236	408	3,242	2,127	11,771	2,612	6,445
Q2	1,710	1,639	3,888	433	2,342	2,155	12,182	3,638	7,063
Q3	1,626	1,586	5,259	380	2,470	2,074	13,416	1,912	7,830
Q4	2,015	1,759	5,882	495	2,884	1,441	14,434	3,891	26,635
	6,777	6,053	18,265	1,716	10,938	7,798	51,804	12,053	47,973
2022
Q1	1,935	1,348	3,509	445	3,582	2,150	13,049	2,554	8,189
Q2	2,491	1,438	3,812	460	n/a	n/a	15,065	n/a	n/a
Q3	2,476	1,580	4,765	604	n/a	n/a	14,979	n/a	n/a
Q4	2,436	1,631	4,697	453	2,380	1,480	12,927	5,158	13,899
	9,338	5,997	16,782	1,962	14,159	7,817	56,021	13,658	45,645
2023
Q1	2,218	1,936	3,777	380	4,278	3,350	16,004	2,807	8,802
Q2	2,292	1,866	3,949	376	3,819	2,745	15,072	4,044	9,771
Q3	2,736	1,975	4,577	394	3,648	2,334	15,626	2,687	9,736
Q4	2,671	2,185	4,394	410	3,005	2,441	15,053	4,828	26,167
	9,916	7,962	16,697	1,560	14,750	10,869	61,754	14,366	54,475
2024
Q1	2,005	1,813	3,180	325	4,193	3,499	15,014	769	8,268
Q2	2,212	1,717	3,760	364	n/a	n/a	14,232	n/a	n/a
Q3	2,990	2,027	4,489	348	3,071	2,887	15,812	3,786	10,609
Q4	2,292	2,026	4,415	454	n/a	n/a	14,075	n/a	n/a
	9,499	7,584	15,843	1,490	13,240	11,477	59,133	11,731	22,557
2025
Q1	2,029	2,026	3,698	362	3,900	3,403	15,417	2,667	22,173
Q2	3,004	2,025	3,929	378	3,463	2,504	15,302	2,523	10,222
Q3	3,092	2,021	4,513	367	3,588	4,099	17,680	2,895	11,838

Percentage change on corresponding period of previous year
2019	13.4	-16.2	8.0	4.5	-10.5	-15.6	-2.7	4.0	253.1
2020	-3.8	-8.8	-11.0	-23.6	-17.9	-0.2	-10.5	-39.0	-15.6
2021	-6.4	70.4	-6.5	16.3	27.6	-3.7	7.3	4.6	-60.0
2022	37.8	-0.9	-8.1	14.3	29.5	0.3	8.1	13.3	-4.9
2023	6.2	32.8	-0.5	-20.5	4.2	39.0	10.2	5.2	19.3
2024	-4.2	-4.8	-5.1	-4.5	-10.2	5.6	-4.2	-18.3	-58.6

2019
Q1	18.0	-24.6	8.8	6.3	-14.7	-5.7	-4.5	53.1	31.5
Q2	4.9	-22.7	4.7	-4.8	n/a	n/a	-12.5	n/a	n/a
Q3	17.3	-2.1	9.2	7.1	n/a	n/a	4.6	n/a	n/a
Q4	13.7	-13.3	8.9	9.1	n/a	n/a	1.2	n/a	n/a
2020
Q1	14.6	-37.1	7.9	10.7	n/a	n/a	-5.3	n/a	n/a
Q2	-36.4	-14.7	-29.5	-43.9	n/a	n/a	-20.2	n/a	n/a
Q3	-11.9	-9.2	-10.7	-43.3	n/a	n/a	-7.8	n/a	n/a
Q4	19.2	30.1	-10.6	-17.2	n/a	n/a	-9.7	n/a	n/a
2021
Q1	-25.9	72.7	-30.9	-14.7	n/a	n/a	-2.4	n/a	n/a
Q2	52.1	103.6	17.2	75.5	n/a	n/a	26.9	n/a	n/a
Q3	-14.2	59.2	-4.2	38.5	-3.3	-10.0	-0.8	-30.5	-39.4
Q4	-12.1	55.5	-2.6	4.1	36.8	12.8	10.5	-19.2	-2.4
2022
Q1	35.6	26.1	8.4	9.2	10.5	1.1	10.9	-2.2	27.0
Q2	45.7	-12.2	-1.9	6.3	n/a	n/a	23.7	n/a	n/a
Q3	52.3	-0.4	-9.4	58.7	n/a	n/a	11.6	n/a	n/a
Q4	20.9	-7.3	-20.2	-8.6	-17.5	2.7	-10.4	32.6	-47.8
2023
Q1	14.6	43.6	7.6	-14.6	19.4	55.8	22.6	9.9	7.5
Q2	-8.0	29.8	3.6	-18.3	n/a	n/a	0.0	n/a	n/a
Q3	10.5	25.0	-3.9	-34.7	n/a	n/a	4.3	n/a	n/a
Q4	9.7	34.0	-6.5	-9.5	26.2	64.9	16.4	-6.4	88.3
2024
Q1	-9.6	-6.4	-15.8	-14.6	-2.0	4.4	-6.2	-72.6	-6.1
Q2	-3.5	-8.0	-4.8	-3.2	n/a	n/a	-5.6	n/a	n/a
Q3	9.3	2.6	-1.9	-11.8	-15.8	23.7	1.2	40.9	9.0
Q4	-14.2	-7.3	0.5	10.9	n/a	n/a	-6.5	n/a	n/a
2025
Q1	1.2	11.7	16.3	11.4	-7.0	-2.7	2.7	246.6	168.2
Q2	35.8	17.9	4.5	3.9	n/a	n/a	7.5	n/a	n/a
Q3	3.4	-0.3	0.5	5.5	16.8	42.0	11.8	-23.5	11.6
¹Chain linked series not additive
n/a Data suppressed for confidentiality reasons

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Table 5.8 Components of Modified Gross Domestic Fixed Capital Formation at Current Market Prices & Constant Prices (Chain linked annually and referenced to year 2023) - Seasonally Adjusted

Table 5.8 Components of Modified Gross Domestic Fixed Capital Formation at Current Market Prices & Constant Prices (Chain linked annually and referenced to year 2023)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 excluding Aircraft related to Leasing	Intangible Assets excluding R&D service imports and trade in IP	Modified Gross Domestic Fixed Capital Formation	All Building and Construction (including Dwellings, Improvements, other B&C and Transfer Costs)²	Machinery and Equipment excluding Aircraft related to Leasing	Intangible Assets excluding R&D service imports and trade in IP	Modified Gross Domestic Fixed Capital Formation
2019
Q1	5,894	2,564	1,456	9,913	8,736	2,722	2,067	13,453
Q2	6,006	n/a	n/a	9,745	8,676	n/a	n/a	12,784
Q3	6,423	n/a	n/a	10,777	9,254	n/a	n/a	14,040
Q4	6,506	n/a	n/a	10,825	9,029	n/a	n/a	13,545
2020
Q1	6,560	n/a	n/a	9,891	8,977	n/a	n/a	12,737
Q2	4,173	n/a	n/a	7,643	6,079	n/a	n/a	10,178
Q3	5,834	2,377	1,837	10,048	8,048	2,600	2,321	12,936
Q4	6,528	2,179	1,310	10,017	8,666	2,386	1,286	12,148
2021
Q1	5,410	2,538	1,656	9,604	7,247	2,824	2,142	12,238
Q2	6,376	2,175	1,796	10,347	8,338	2,415	2,169	12,802
Q3	6,610	2,287	1,794	10,691	8,186	2,527	2,088	12,708
Q4	7,743	2,974	1,605	12,322	8,998	3,235	1,451	13,628
2022
Q1	7,286	2,870	1,813	11,970	8,460	3,088	2,164	13,676
Q2	7,907	n/a	n/a	14,389	8,647	n/a	n/a	15,563
Q3	7,901	n/a	n/a	13,398	8,535	n/a	n/a	14,222
Q4	7,998	2,849	1,803	12,650	8,461	2,822	1,490	12,686
2023
Q1	9,216	3,734	2,872	15,822	9,380	3,737	3,372	16,495
Q2	8,903	3,784	2,663	15,350	8,924	3,798	2,763	15,493
Q3	8,969	3,758	2,312	15,038	8,965	3,754	2,349	15,066
Q4	9,162	3,520	3,094	15,777	8,981	3,506	2,457	14,933
2024
Q1	8,565	3,698	3,202	15,465	8,350	3,610	3,499	15,459
Q2	8,688	n/a	n/a	14,994	8,430	n/a	n/a	14,575
Q3	9,457	3,186	3,010	15,653	9,021	3,141	2,887	15,049
Q4	9,253	n/a	n/a	15,624	8,626	n/a	n/a	14,061
2025
Q1	9,766	3,469	3,227	16,462	9,199	3,338	3,403	15,941
Q2	10,500	3,479	2,657	16,635	9,709	3,412	2,504	15,626
Q3	10,095	3,703	4,466	18,263	9,186	3,634	4,099	16,919

Percentage change on previous quarter
2019
Q1	3.4	n/a	n/a	-4.2	4.4	n/a	n/a	0.3
Q2	1.9	n/a	n/a	-1.7	-0.7	n/a	n/a	-5.0
Q3	6.9	n/a	n/a	10.6	6.7	n/a	n/a	9.8
Q4	1.3	n/a	n/a	0.4	-2.4	n/a	n/a	-3.5
2020
Q1	0.8	n/a	n/a	-8.6	-0.6	n/a	n/a	-6.0
Q2	-36.4	n/a	n/a	-22.7	-32.3	n/a	n/a	-20.1
Q3	39.8	n/a	n/a	31.5	32.4	n/a	n/a	27.1
Q4	11.9	-8.4	-28.7	-0.3	7.7	-8.2	-44.6	-6.1
2021
Q1	-17.1	16.5	26.4	-4.1	-16.4	18.3	66.6	0.7
Q2	17.9	-14.3	8.4	7.7	15.1	-14.5	1.3	4.6
Q3	3.7	5.1	-0.1	3.3	-1.8	4.7	-3.7	-0.7
Q4	17.1	30.0	-10.5	15.3	9.9	28.0	-30.5	7.2
2022
Q1	-5.9	-3.5	12.9	-2.9	-6.0	-4.6	49.2	0.4
Q2	8.5	n/a	n/a	20.2	2.2	n/a	n/a	13.8
Q3	-0.1	n/a	n/a	-6.9	-1.3	n/a	n/a	-8.6
Q4	1.2	n/a	n/a	-5.6	-0.9	n/a	n/a	-10.8
2023
Q1	15.2	31.1	59.3	25.1	10.9	32.4	126.3	30.0
Q2	-3.4	1.3	-7.3	-3.0	-4.9	1.6	-18.1	-6.1
Q3	0.7	-0.7	-13.2	-2.0	0.5	-1.1	-15.0	-2.8
Q4	2.2	-6.3	33.9	4.9	0.2	-6.6	4.6	-0.9
2024
Q1	-6.5	5.0	3.5	-2.0	-7.0	3.0	42.4	3.5
Q2	1.4	n/a	n/a	-3.0	1.0	n/a	n/a	-5.7
Q3	8.9	n/a	n/a	4.4	7.0	n/a	n/a	3.3
Q4	-2.2	n/a	n/a	-0.2	-4.4	n/a	n/a	-6.6
2025
Q1	5.5	n/a	n/a	5.4	6.6	n/a	n/a	13.4
Q2	7.5	0.3	-17.7	1.1	5.5	2.2	-26.4	-2.0
Q3	-3.9	6.4	68.1	9.8	-5.4	6.5	63.7	8.3
¹Chain linked series not additive
²The results are aggregated to this level as some of the components, individually, do not have identifiable seasonality present
n/a Data suppressed for confidentiality reasons

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Quarterly National Accounts Quarter 3 2025

Domestic Demand

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Modified Domestic Demand increased by 2.3% in Q3 2025

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