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GDP - Expenditure

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Personal Consumption Expenditure decreased by 0.3% in Q4

Table 3.1 Expenditure Components of GDP1, Q4 20212
 Amount €mQuarterly % change
Personal Consumption of Goods and Services27,134-0.3
Net Expenditure by Central and Local Government on Current Goods and Services10,5660.9
Gross Domestic Fixed Capital Formation34,06676.5
Net Exports30,691 
     Exports of Goods and Services149,2681.3
     Less Imports of Goods and Services-118,57622.7
Gross Domestic Product104,408-5.4
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 an increase of €12.3 billion in Q4 compared with the previous quarter and accounted for 46.9% of total domestic demand in Q4 2021.

Personal Consumption Expenditure decreased by 0.3% in Q4 compared to Q3, while Government expenditure showed an increase of 0.9% over the same period. Combining this with the decline in net exports, there was an overall decrease in real GDP of 5.4% in Q4 compared to Q3.

Personal Consumption ExpenditureGovernment ExpenditureGross Fixed Capital FormationValue of Physical Changes in StocksNet ExportsGDP
Q1 201927.8391104018.89084209218.6877843923.03149790630.0809386587.384298845
Q2 201928.0867425398.927061819762.293535102-0.361265585-10.3419423589.360213489
Q3 201927.6051909079.132910585921.4015458971.31147322728.02311555489.195640524
Q4 201927.399461968.946658783388.563188011-0.056312293-35.3874193190.516891699
Q1 202026.4514306319.054591235281.400907282.206933134-25.6692207893.078348556
Q2 202022.68802531210.1416498820.890137251.87189658236.28699111190.251188546
Q3 202025.32357403710.16723270319.8838024330.56933471245.34560880399.113236869
Q4 202024.89482539710.44144654324.7503939120.28070077732.7675313594.918155516
Q1 202123.48124267410.40872914218.5520603831.71894986451.386486679104.15794158
Q2 202127.11865135310.48260029219.4907694230.90615811753.736213662108.97270738
Q3 202127.21156346710.47353421819.3005465031.65636398150.647933666110.32380233
Q4 202127.13439717310.56645790134.065882608-0.78451111530.69142472104.4077638

Get the data: NQQ49

Building & ConstructionMachinery & EquipmentIntangiblesMachinery & Equipment + IntangiblesGross Domestic Fixed Capital Formation
Q1 20196.11391999296.3506108376.2232535625018.687784392
Q2 20196.30751087416.255453100649.730571127062.293535102
Q3 20196.79500231976.42914069498.1774028821021.401545897
Q4 20196.45538952485.900473376576.20732511088.563188011
Q1 20206.47918643530074.921720844781.40090728
Q2 20204.60969631843.705354615112.575086317020.89013725
Q3 20206.3275525935.14077287668.4154769639019.883802433
Q4 20206.74050963970018.009884272324.750393912
Q1 20214.74597195775.90972362927.8963647961018.552060383
Q2 20215.72729751495.76075931948.002712589019.490769423
Q3 20216.07954235645.27114322947.949860917019.300546503
Q4 20216.63905647245.258242460622.168583675034.065882608

Get the data: NQQ49

Comparisons with Q4 2020
On the expenditure side of the accounts (Table 3.3) Capital Investment grew by €8.4 billion. Personal Consumption showed an increase of 9.3% while Government expenditure increased by 1.4% over the same period.

Show Table: Table 3.2 Expenditure on Gross National Product at Current Market Prices

Show Table: Table 3.3 Expenditure on Gross National Product at Constant Market Prices (Chain linked annually and referenced to year 2019)1

Show Table: Table 3.4 Expenditure on Gross National Product at Current Market Prices - Seasonally Adjusted

Show Table: Table 3.5 Expenditure on Gross National Product at Constant Market Prices (Chain linked annually and referenced to year 2019)1 - Seasonally Adjusted

Show Table: Table 3.6 Components of Gross Domestic Fixed Capital Formation at Current Market Prices - Non-Seasonally Adjusted

Show Table: Table 3.7 Components of Gross Domestic Fixed Capital Formation at Constant Prices (Chain linked annually and referenced to year 2019)1 - Non-Seasonally Adjusted

Show Table: Table 3.8 Components of Gross Domestic Fixed Capital Formation at Current Market Prices & Constant Prices (Chain linked annually and referenced to year 2019)1 - Seasonally Adjusted

FOR UPDATES TABLES, PLEASE CLICK ON THE FOLLOWING LINK: Quarterly National Accounts Q4 2021 Updates Tables (XLS 60KB)  


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