Back to Top

 Skip navigation

Domestic Demand

Open in Excel:

Year 2020 Analysis

Modified Domestic Demand (MDD) decreased by 5.4%

Table 5.1 Modified Final Domestic Demand by Component, 20201
 Amount €mAnnual % change
Personal Consumption of Goods and Services99,127-9.0
Net Expenditure by Central and Local Government on Current Goods and Services37,6409.8
Modified Gross Domestic Fixed Capital Formation38,398-8.5
Modified Final Domestic Demand175,165-5.4
1Constant Market Prices, chain linked annually and referenced to year 2018.

Final Domestic Demand decreased by 19.3% in 2020 compared with 2019 while Modified Domestic Demand decreased by 5.4% over the year driven by a fall in Personal Consumption. The MDD indicator excludes globalisation effects such as trade in IP and trade in aircraft by leasing companies and is an important indicator of underlying demand. (See Table 5.5)

Personal Consumption of Goods and ServicesNet Expenditure by Central and Local Government on Current Goods and ServicesModified Gross Domestic Fixed Capital FormationModified Final Domestic Demand
201492.688253954127.468236749329.7841234591150.2408997211
201595.637710385628.11147524933.147360847157.0188850652
2016100.384170927629.35760624536.4017700655166.1917532012
2017102.774857460930.465749464338.7314142641171.9807794632
2018105.626410633132.226704979541.4693117065179.3224273184
2019108.985971742834.265297236641.9866447828185.2379137617
202099.127132158137.639807990238.3979683053175.1649084536

 

Modified Final Domestic Demand
20144.06838063168236
20154.51141157746149
20165.84188846595812
20173.4833414718187
20184.26887695131708
20193.2987990023114
2020-5.43787451690827
Net Exports & OtherModified Final Domestic Demand
201522.04236073584193.13404137556865
2016-1.394578186418483.38833846498318
20177.03284981374062.09659020182227
20186.079933522466762.43646207088071
20193.756106961993311.80909431431517
20206.33598079768192-2.91815951521475

Quarter 4 2020 Analysis

Modified Domestic Demand fell by 2.2% in Q4 2020

Table 5.2 Modified Final Domestic Demand by Component, Q4 20201
 Amount €mQuarterly % change
Personal Consumption of Goods and Services25,281-2.3
Net Expenditure by Central and Local Government on Current Goods and Services9,6960.1
Modified Gross Domestic Fixed Capital Formation9,938-4.0
Modified Final Domestic Demand44,915-2.2
1Constant Market Prices, chain linked annually and referenced to year 2018 and seasonally adjusted.

Final Domestic Demand increased by 8.7% in Q4 compared with Q3 while Modified Domestic Demand fell by 2.2% over the same period driven by a fall in Personal Consumption. (See Table 5.6)

Personal Consumption of Goods and ServicesNet Expenditure by Central and Local Government on Current Goods and ServicesModified Gross Domestic Fixed Capital FormationModified Final Domestic Demand
Q1 201826.0988010977.845104054810.31736734644.261272499
Q2 201826.3990918948.064263815710.41150969344.874865402
Q3 201826.54575258.188660778810.23736578744.971779066
Q4 201826.5645871588.134051837510.39171113245.090350127
Q1 201927.0454286458.503970507210.56765796446.117057116
Q2 201927.2867395648.53969214310.08626155845.912693265
Q3 201927.3139843548.603142184410.86649456946.783621108
Q4 201927.3272066828.625592928510.28350462346.236304234
Q1 202026.4626262258.666347675710.27335550445.402329404
Q2 202021.411048039.59504659897.671560988338.677655617
Q3 202025.888854979.689156077210.35440969345.93242074
Q4 202025.2813909969.69577456179.938166638544.915332196
Modified Final Domestic Demand
Q1 20181.10490070892229
Q2 20181.38629747487233
Q3 20180.215964244420164
Q4 20180.263656594118689
Q1 20192.27699937150236
Q2 2019-0.443141570126548
Q3 20191.89692170305313
Q4 2019-1.16988993377942
Q1 2020-1.80372294848501
Q2 2020-14.8112968547547
Q3 202018.7569929130123
Q4 2020-2.21431513430833
Net Exports & OtherModified Final Domestic Demand
Q1 2018-1.728333537903360.599944030620903
Q2 20182.266065091286870.769740814659522
Q3 2018-0.01946952026075080.117994300015645
Q4 20181.698532281157340.144220515662644
Q1 2019-1.925928532088831.22620964162225
Q2 20194.97109414486443-0.245794300494467
Q3 2019-1.169222394452871.00022635300277
Q4 20194.24410959571022-0.629635950394073
Q1 2020-2.98100087610973-0.925940750060529
Q2 20205.63155525952186-7.76979319753689
Q3 20203.227872860591698.56541803014291
Q4 2020-4.01225663800479-1.0741581518654

Comparisons with Q4 2019

Final Domestic Demand decreased by 38.9% in Q4 2020 compared with Q4 2019 while Modified Domestic Demand declined by 3.1% over the same period driven by a fall in Personal Consumption.

Table 5.3 Total Domestic Demand at Current Market Prices & Constant Prices (Chain linked annually and referenced to year 2018)1 - Non-Seasonally Adjusted

Table 5.4 Total Domestic Demand at Current Market Prices & Constant Prices (Chain linked annually and referenced to year 2018)1 - Seasonally Adjusted

Table 5.5 Modified Total Domestic Demand at Current Market Prices & Constant Prices (Chain linked annually and referenced to year 2018)1 - Non-Seasonally Adjusted

Table 5.6 Modified Total Domestic Demand at Current Market Prices & Constant Prices (Chain linked annually and referenced to year 2018)1 - Seasonally Adjusted

Table 5.7 Components of Modified Gross Domestic Fixed Capital Formation at Current Market Prices - Non-Seasonally Adjusted

Table 5.8 Components of Modified Gross Domestic Fixed Capital Formation at Constant Prices (Chain linked annually and referenced to year 2018)1 - Non-Seasonally Adjusted

Table 5.9 Components of Modified Gross Domestic Fixed Capital Formation at Current Market Prices & Constant Prices (Chain linked annually and referenced to year 2018)1 - Seasonally Adjusted


Next Chapter >> Foreign & Domestic GVA