Back to Top

 Skip navigation

GDP by Sector

Open in Excel:

Year 2020 Analysis

Value added for Multinational-dominated sectors increased in 2020, all other economic sectors declined

Table 2.1 Gross Domestic Product1 by Nace Rev. 2 A10 Sector of Origin, 20202
 Amount €mAnnual % change
Industry (excl. Construction)133,72415.2
Information and Communication52,55614.3
Public Admin, Education and Health33,570-1.1
Distribution, Transport, Hotels and Restaurants30,932-16.7
Professional, Admin and Support Services29,626-15.5
Real Estate Activities19,898-1.7
Financial and Insurance Activities19,456-1.2
Construction7,502-12.7
Agriculture, Forestry and Fishing3,672-1.6
Arts, Entertainment and Other Services1,942-54.4
Gross Domestic Product356,9813.4
1Series not additive, Taxes less Subsidies on Products not shown in table (see Table 2.4 for full detail).
2Constant Market Prices, chain linked annually and referenced to year 2018.

Value added for the Industry (excluding Construction) and Information & Communication sectors recorded increases of 15.2% and 14.3% respectively in real terms in the year, see Table 2.4. Distribution, Transport, Hotels & Restaurants declined by 16.7% year-on-year while Professional Admin and Support Services decreased by 15.5%. Construction recorded a decline of 12.7% in volume terms in 2020 compared to 2019, while the Arts & Entertainment sector declined by 54.4%. Other sectors exhibited modest, low single digit percentage declines in the year. (Public Administration, Education & Health -1.1%, Real Estate activities -1.7%, Financial & Insurance -1.2% and the Agriculture, Forestry & Fishing sector -1.6%).

Industry (excl. Construction)Information and CommunicationPublic Admin, Education and HealthDistribution, Transport, Hotels and RestaurantsProfessional, Admin and Support ServicesReal Estate ActivitiesFinancial and Insurance ActivitiesConstructionAgriculture Forestry and FishingArts, Entertainment and Other Services
2020133.724268115152.556471068633.570355733130.931664927329.625675714319.89809296119.45562653117.50154060683.67242866861.941567936

Quarter 4 2020 Analysis

Decline of 5.1% in GDP (seasonally adjusted) in Quarter 4

Table 2.2 Gross Domestic Product1 by Nace Rev. 2 A10 Sector of Origin, Q4 20202
 Amount €mQuarterly % change
Industry (excl. Construction)33,942-0.1
Information and Communication12,678-16.5
Public Admin, Education and Health8,4940.9
Distribution, Transport, Hotels and Restaurants8,088-1.9
Professional, Admin and Support Services7,5373.6
Real Estate Activities5,0623.6
Financial and Insurance Activities4,9931.6
Construction2,17316.5
Agriculture, Forestry and Fishing9441.5
Arts, Entertainment and Other Services318-1.7
Gross Domestic Product89,871-5.1
1Series not additive, Taxes less Subsidies on Products not shown in table (see Table 2.6 for full detail).
2Constant Market Prices, chain linked annually and referenced to year 2018, seasonally adjusted.

While Industry (excluding Construction) changed little in the quarter, Information and Communication declined by 16.5% in Q4 while the domestically dominated Distribution, Transport, Hotels & Restaurants sector decreased by 1.9%. Quarter-on-quarter increases were recorded in Professional & Administrative services (3.6%), Construction (16.5%), Real Estate (3.6%), Finance & Insurance (1.6%), and Agriculture (1.5%). The Arts & Entertainment decreased by 1.7% over the period compared with Q3 2020. (See Table 2.6)

2020 Q42020 Q3
Industry (excl. Construction)33.94165468333.979969954
Information and Communication12.67840842815.176885083
Public Admin, Education and Health8.4935373668.419188492
Distribution, Transport, Hotels and Restaurants8.0882014588.242126297
Professional, Admin and Support Services7.5367207887.27335648
Real Estate Activities5.0619784664.888224909
Financial and Insurance Activities4.99311884.913089508
Construction2.1726184541.86527825
Agriculture Forestry and Fishing0.943539670.929532737
Arts, Entertainment and Other Services0.3182740480.323884485
Column12020 Q4
Information
and
Communication
-16.4623810573528
Distribution,
Transport,
Hotels and
Restaurants
-1.86753798053334
Arts,
Entertainment
and Other
Services
-1.73223394754459
Industry
(excl.
Construction)
-0.112758401646229
Public Admin,
Education
and Health
0.883088364996798
Agriculture
Forestry
and Fishing
1.50687893416281
Financial
and
Insurance
Activities
1.62889953194805
Real
Estate
Activities
3.55453278510349
Professional,
Admin and
Support
Services
3.62094596523885
Construction16.4769092225248
Agriculture Forestry and FishingIndustry (excl. Construction)ConstructionDistribution, Transport, Hotels and RestaurantsInformation and CommunicationFinancial and Insurance ActivitiesReal Estate ActivitiesProfessional, Admin and Support ServicesPublic Admin, Education and HealthArts, Entertainment and Other Services
2018 Q1100100100100100100100100100100
2018 Q294.0935592326815107.581940781908103.721342280241103.950652553893106.819619171587102.213682503811100.990310062927106.16845556962199.706532892308798.3743340106704
2018 Q395.7213217914106.04107184716105.891003716538105.109472035526105.430052252246101.335413879655101.079521953604108.049445218442100.839170386307103.667012463357
2018 Q4103.863399057555104.104721106055103.409844357007100.773981327907103.566521860614100.719955549343101.266035377733111.641498617768101.405035500842100.548153870162
2019 Q1118.09644962621799.9700299828751106.206424835179105.874981081895111.359958631347104.83981374074101.156635747326107.665699950398101.335771634043102.181912785939
2019 Q2126.741751797317108.12792526921106.295434794825105.316465927101134.202625581523106.034268467214102.353456349335109.20979838705104.18826531349101.026121705618
2019 Q3119.631596346285112.463569548812118.024828682364106.32835034827120.871072208934108.632887797057103.511808467205109.196180262024105.198740726548102.252355542727
2019 Q4140.849664748669111.19357891819113.631856670774107.06761581075122.293849283191109.439343069119101.671495854967114.562152394214106.125542528226103.000888136701
2020 Q1123.050601027789122.83586020323110.105864739189102.00079263348128.22855326804107.769515059571103.317320765163108.549077800537102.19336643957193.4184822118875
2020 Q2120.102356739257122.07444960303668.811827622550963.9953979926667129.080009813342101.66471367703197.541001126244177.8096345728644102.36009174556631.2090929378217
2020 Q3126.140427157782126.38520775776496.626979794342994.2891673566023161.075101678905107.77626267835998.761715387408991.4842770930355103.41354192385531.0370657612471
2020 Q4128.041210682085126.242697817579112.54811953952492.5282813446891134.558304652005109.531829716677102.27223293998594.7968733332637104.32677488041630.499431171809
Table 2.3 Gross Domestic Product by Nace Rev. 2 A10 Sector1 of Origin and Gross National Product at Current Market Prices

Table 2.4 Gross Domestic Product by Nace Rev. 2 A10 Sector1 of Origin and Gross National Product at Constant Market Prices (Chain linked annually and referenced to year 2018)2

Table 2.5 Gross Domestic Product by Nace Rev. 2 A10 Sector1 of Origin and Gross National Product at Current Market Prices - Seasonally Adjusted

Table 2.6 Gross Domestic Product by Nace Rev. 2 A10 Sector1 of Origin and Gross National Product at Constant Market Prices (Chain linked annually and referenced to year 2018)2 - Seasonally Adjusted

FOR REVISIONS TABLES, PLEASE CLICK ON THE FOLLOWING LINK: Quarterly National Accounts Q4 2020 Revisions Tables (XLS 61KB)


Next Chapter >> GDP - Expenditure