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Table 2.1 Gross Domestic Product1 by Nace Rev. 2 A10 Sector of Origin, Q4 20222 | ||
Amount €m | Quarterly % change | |
Industry (excl. Construction) | 55,221 | 7.1 |
Information and Communication | 19,785 | 5.8 |
Professional, Admin and Support Services | 10,158 | -1.3 |
Public Admin, Education and Health | 9,678 | 0.6 |
Distribution, Transport, Hotels and Restaurants | 9,122 | 1.8 |
Real Estate Activities | 5,944 | -0.6 |
Financial and Insurance Activities | 4,826 | 3.3 |
Construction | 2,168 | -6.1 |
Arts, Entertainment and Other Services | 1,229 | 7.7 |
Agriculture, Forestry and Fishing | 788 | -19.9 |
Gross Domestic Product | 121,274 | 0.3 |
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) and Information & Communication sectors recorded strong growth in Q4 compared with the previous quarter, growing by 7.1% and 5.8% respectively. The domestically facing Construction sector declined by 6.1% quarter-on-quarter while the Agriculture, Forestry & Fishing sector contracted by 19.9% over the period compared with Q3 2022. The Arts & Entertainment sector increased by 7.7% in Q4 while Finance & Insurance and the Distribution, Transport, Hotels & Restaurants sector grew by 3.3% & 1.8% respectively in the quarter. The Professional & Administrative services sector recorded a decline of 1.3% in Q4 while Real Estate fell by 0.6% over the same period. The domestically dominated Public Administration, Education & Health sector posted a modest 0.6% increase in Q4 2022. (See Table 2.5).
Column1 | Q4 2022 | Q3 2022 |
---|---|---|
Industry (excl. Construction) | 55.221246422 | 51.555108126 |
Information and Communication | 19.784827108 | 18.702884873 |
Professional, Admin and Support Services | 10.157779502 | 10.290057484 |
Public Admin, Education and Health | 9.677848471 | 9.619679316 |
Distribution, Transport, Hotels and Restaurants | 9.122064644 | 8.957381577 |
Real Estate Activities | 5.944473945 | 5.979637118 |
Financial and Insurance Activities | 4.826198835 | 4.670326671 |
Construction | 2.168363714 | 2.309065746 |
Arts, Entertainment and Other Services | 1.228545782 | 1.140661126 |
Agriculture Forestry and Fishing | 0.78799798 | 0.983266351 |
Get the data: NAQ02
Column1 | Q4 2022 |
---|---|
Information & Communication | 5.784894909779 |
Financial & Insurance Activities | 3.33750024313879 |
Professional, Admin & Support Services | -1.28549312970973 |
Distribution, Transport, Hotels & Restaurants | 1.83851793723804 |
Public Admin, Education & Health | 0.604689128287772 |
Construction | -6.09346148951101 |
Real Estate Activities | -0.58804861074514 |
Arts, Entertainment & Other Services | 7.70471211797921 |
Industry (excl. Construction) | 7.11110582299626 |
Agriculture, Forestry & Fishing | -19.8591531990705 |
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 | 100.183388176475 | 103.981433631358 | 68.8637127749655 | 59.1476245307756 | 91.7693587162987 | 95.0131999714612 | 93.5903680102351 | 97.6071586716145 | 91.500065477297 | 62.0032944956634 |
Q3 2020 | 88.9779870781257 | 105.97877224879 | 87.4672069054117 | 85.1197480156656 | 125.05332606149 | 93.5926195832492 | 96.1035639205086 | 102.250950208706 | 97.1920123675044 | 63.9366843241599 |
Q4 2020 | 100.427075912528 | 110.992836770497 | 95.1923944375422 | 84.1479356249473 | 100.989949003294 | 96.822515730239 | 101.667593182057 | 102.107008726283 | 97.3775052111856 | 65.9424378920644 |
Q1 2021 | 97.2516985989729 | 125.40204037305 | 75.6677814844388 | 77.3248860071864 | 115.210646058571 | 110.997066815538 | 102.54917811832 | 98.0153489729261 | 98.259409344832 | 66.7044755632346 |
Q2 2021 | 91.2087439875281 | 124.452946492502 | 84.0652930323698 | 84.1617725738458 | 115.664361062471 | 109.828070953929 | 103.881458744502 | 99.8105054830458 | 98.9935460646667 | 69.3836480427687 |
Q3 2021 | 104.534638930611 | 135.376119427457 | 86.531519352922 | 88.3727966949875 | 124.30747066159 | 113.397846629266 | 104.475332267225 | 102.251641514781 | 100.105807838657 | 74.542020041781 |
Q4 2021 | 98.0677416220172 | 124.83948641473 | 94.3001377982489 | 90.9900017564235 | 133.763439211275 | 117.046922333398 | 106.397141838097 | 104.270898213621 | 100.479339851487 | 84.7858672982843 |
Q1 2022 | 99.5926022371802 | 139.207279000497 | 97.0359550839501 | 92.3094851402246 | 134.771365044902 | 119.761915243966 | 107.468020499254 | 106.188879269687 | 100.684275296299 | 83.1999367476333 |
Q2 2022 | 101.697262400601 | 147.410473885258 | 100.222707546032 | 95.5955386953209 | 142.007977521174 | 119.232925635012 | 109.151327638794 | 105.279530808591 | 101.650516867697 | 93.2418117644226 |
Q3 2022 | 110.307753683253 | 164.650678799577 | 99.1624146083466 | 95.3437930220971 | 129.88353162442 | 112.505555907228 | 109.934240330915 | 102.489327598927 | 102.113717967866 | 95.2192311570146 |
Q4 2022 | 88.4015678888424 | 176.359162807296 | 93.1199910621178 | 97.0967057588514 | 137.397157434003 | 116.260429109176 | 109.287773557916 | 101.171834333957 | 102.731188518908 | 102.555598798616 |
Comparisons with Q4 2021
Preliminary estimates for the fourth quarter of 2022 indicate that there was an increase of 12.0% in GDP in real terms in Q4 2022 compared with Q4 2021. The MNE-dominated Industry (excluding Construction) sector increased by 40.9% in Q4 compared with the equivalent quarter of 2021. The Information & Communication sector increased by 2.7% year-on-year over the same period. Of the domestic based sectors, Distribution, Transport, Hotels & Restaurants exhibited an increase of 6.7% compared with the same quarter of 2021 while the Arts & Entertainment sector rose by 21.2% year-on-year. Year-on-year increases were also recorded in Real Estate activities (2.6%) and Public Administration, Education & Health (2.3%). The Agriculture sector contracted by 15.4% year-on-year in Q4 2022. The Professional & Administrative Services sector declined by 3.1% year-on-year over the same period, the Construction sector by 2.1% and Financial & Insurance activities by 0.7%. (See Table 2.3).
FOR UPDATES TABLES, PLEASE CLICK ON THE FOLLOWING LINK: Quarterly National Accounts Q4 2022 Updates Tables (XLS 60KB)
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