You are here: Home / Statistics / Quarterly National Accounts Quarter 4 2023 / Domestic Demand

Quarterly National Accounts Quarter 4 2023

Domestic Demand

Modified Domestic Demand decreased by 0.4% in Q4 2023

Online ISSN: 2009-5775

CSO statistical publication, 01 March 2024, 11am

Table 5.1 Modified Final Domestic Demand by Component, Q4 2023¹
	Amount €m	Quarterly % change
Personal Consumption of Goods and Services	32,343	0.0
Net Expenditure by Central and Local Government on Current Goods and Services	12,022	1.2
Modified Gross Domestic Fixed Capital Formation	10,781	-3.4
Modified Final Domestic Demand	55,146	-0.4
¹Constant Market Prices, chain linked annually and referenced to year 2021 and seasonally adjusted.

Open in Excel: Quarterly National Accounts Q4 2023 Table 5.1 (XLS 10KB)

Final Domestic Demand increased by 22.2% in Q4 2023 compared with Q3 2023, while Modified Final Domestic Demand decreased by 0.4% over the same period. (See Table 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 2021	25.224909585	11.218256968	9.9694032626	46.412569816
Q2 2021	28.863314836	11.167037955	10.407826199	50.43817899
Q3 2021	29.711685605	10.867906981	10.20763754	50.787230126
Q4 2021	29.96612721	11.162671975	11.491941223	52.620740408
Q1 2022	30.082574707	11.273752271	11.403554106	52.759881084
Q2 2022	31.305511662	11.487820464	13.22812091	56.021453036
Q3 2022	31.407414455	11.670448892	12.312199078	55.390062425
Q4 2022	31.872512493	11.552474982	12.101906979	55.526894453
Q1 2023	31.857931186	11.247748736	12.054158119	55.159838041
Q2 2023	32.114632848	11.616492812	11.58391104	55.3150367
Q3 2023	32.333051758	11.883939302	11.160121184	55.377112244
Q4 2023	32.343078436	12.021995897	10.781179595	55.146253928

Get the data: NAQ05

	Modified Final Domestic Demand
Q1 2021	-2.19495274137829
Q2 2021	8.67353217018427
Q3 2021	0.692037545743296
Q4 2021	3.61017971929394
Q1 2022	0.264421737362808
Q2 2022	6.18191679925735
Q3 2022	-1.12705147186073
Q4 2022	0.247033532748375
Q1 2023	-0.661042573361792
Q2 2023	0.281361701759586
Q3 2023	0.112221825571002
Q4 2023	-0.416883991680184

Get the data: NAQ05

	Modified Final Domestic Demand	Net Exports & Other
Q1 2021	-1.08996823905094	11.0092146332748
Q2 2021	3.83241196770349	-0.938833932457206
Q3 2021	0.322954518071128	2.62551500332532
Q4 2021	1.64784274407175	-3.3751830050658
Q1 2022	0.127248834408583	4.71911994132821
Q2 2022	2.84494106326461	-0.0896111823259078
Q3 2022	-0.535969494367756	3.51655495287273
Q4 2022	0.112790977243306	0.062181084590994
Q1 2023	-0.302037022846281	-3.05859125200555
Q2 2023	0.132148194032219	-0.266076156076464
Q3 2023	0.0529268239777106	-2.55321839067032
Q4 2023	-0.20188195694575	-3.21722995552841

Comparisons with Q4 2022

Final Domestic Demand increased by 14.4% in Q4 2023 compared with Q4 2022, while Modified Final Domestic Demand fell by 0.5% over the same period.

Table 5.2 Total Domestic Demand at Current Market Prices & Constant Prices (Chain linked annually and referenced to year 2021)¹ - Non-Seasonally Adjusted

Table 5.2 Total Domestic Demand at Current Market Prices & Constant Prices (Chain linked annually and referenced to year 2021)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
2017	100,682	31,132	98,644	230,458	4,805	235,263	109,245	33,692	105,710	248,252	4,090	252,828
2018	106,821	33,009	92,977	232,806	919	233,726	113,866	35,225	97,068	245,677	814	246,123
2019	111,572	36,192	193,410	341,174	1,784	342,958	116,826	37,513	194,807	349,667	1,638	350,871
2020	101,440	40,904	157,894	300,237	3,687	303,925	105,236	41,863	162,652	309,905	3,645	313,416
2021	114,120	44,490	96,941	255,551	5,545	261,096	114,120	44,490	96,941	255,551	5,545	261,096
2022	132,927	48,826	109,525	291,278	10,543	301,821	124,827	46,062	101,867	272,756	10,042	282,798
2023	146,529	52,020	117,917	316,465	16,060	332,526	128,702	46,845	104,836	280,383	14,783	295,166

2017
Q1	24,419	7,484	15,252	47,155	363	47,518	26,731	8,187	16,484	51,308	312	51,554
Q2	24,074	7,662	53,091	84,827	1,465	86,292	26,017	8,274	57,183	91,366	1,243	92,706
Q3	25,144	7,939	14,210	47,292	2,549	49,841	27,195	8,565	15,184	50,849	2,165	53,528
Q4	27,045	8,047	16,092	51,184	428	51,612	29,303	8,667	16,859	54,729	370	55,040
	100,682	31,132	98,644	230,458	4,805	235,263	109,245	33,692	105,710	248,252	4,090	252,828
2018
Q1	25,671	8,031	15,504	49,206	1,861	51,067	27,656	8,482	16,226	52,210	1,578	54,078
Q2	25,840	8,204	17,327	51,371	302	51,674	27,486	8,793	18,024	54,157	278	54,380
Q3	26,838	8,494	19,383	54,716	12	54,728	28,448	9,091	20,133	57,530	51	57,458
Q4	28,472	8,279	40,763	77,514	-1,256	76,258	30,276	8,858	42,685	81,781	-1,093	80,206
	106,821	33,009	92,977	232,806	919	233,726	113,866	35,225	97,068	245,677	814	246,123
2019
Q1	26,923	8,753	17,708	53,384	1,035	54,419	28,411	9,143	18,365	55,732	954	56,749
Q2	27,130	9,010	60,913	97,053	-320	96,734	28,327	9,274	62,019	99,904	-236	99,411
Q3	27,909	9,221	21,832	58,962	1,174	60,135	29,146	9,673	22,166	60,826	1,039	61,932
Q4	29,610	9,209	92,956	131,776	-106	131,670	30,942	9,423	92,256	133,205	-119	132,780
	111,572	36,192	193,410	341,174	1,784	342,958	116,826	37,513	194,807	349,667	1,638	350,871
2020
Q1	26,021	9,329	78,967	114,317	2,087	116,404	26,920	9,442	79,330	116,407	1,917	118,336
Q2	22,030	10,309	17,063	49,402	1,098	50,499	22,963	10,637	17,549	50,852	1,196	52,095
Q3	26,316	10,374	23,885	60,574	405	60,980	27,224	10,738	25,217	62,923	426	63,286
Q4	27,072	10,893	37,979	75,944	97	76,041	28,129	11,046	40,557	79,723	105	79,699
	101,440	40,904	157,894	300,237	3,687	303,925	105,236	41,863	162,652	309,905	3,645	313,416
2021
Q1	23,728	10,663	17,568	51,959	2,289	54,248	24,125	11,031	17,545	52,709	2,208	54,964
Q2	27,599	11,151	19,455	58,205	185	58,391	27,810	11,128	19,225	58,156	142	58,249
Q3	30,261	11,327	20,158	61,747	3,148	64,895	30,084	10,875	19,470	60,409	3,220	63,712
Q4	32,531	11,348	39,760	83,640	-77	83,562	32,101	11,456	40,701	84,277	-25	84,172
	114,120	44,490	96,941	255,551	5,545	261,096	114,120	44,490	96,941	255,551	5,545	261,096
2022
Q1	29,696	11,699	21,834	63,230	1,710	64,940	28,609	10,986	20,430	60,024	1,672	61,696
Q2	31,804	11,986	26,760	70,550	4,110	74,660	30,197	11,439	25,042	66,678	3,974	70,652
Q3	33,985	12,068	29,926	75,980	4,669	80,649	31,841	11,698	27,979	71,517	4,303	75,820
Q4	37,441	13,073	31,005	81,518	53	81,571	34,180	11,939	28,417	74,536	93	74,630
	132,927	48,826	109,525	291,278	10,543	301,821	124,827	46,062	101,867	272,756	10,042	282,798
2023
Q1	33,704	12,406	23,889	69,998	2,669	72,668	30,200	10,873	21,517	62,590	2,633	65,223
Q2	35,034	12,844	25,844	73,723	5,510	79,233	31,001	11,550	22,912	65,463	5,252	70,715
Q3	37,596	12,804	25,225	75,625	4,127	79,752	32,808	11,949	22,314	67,072	3,893	70,965
Q4	40,194	13,965	42,959	97,119	3,754	100,873	34,693	12,473	38,093	85,258	3,005	88,263
	146,529	52,020	117,917	316,465	16,060	332,526	128,702	46,845	104,836	280,383	14,783	295,166

Percentage change on corresponding period of previous year
2017	4.3	5.9	1.9	3.5		3.7	2.8	3.8	-0.7	1.4		1.7
2018	6.1	6.0	-5.7	1.0		-0.7	4.2	4.5	-8.2	-1.0		-2.7
2019	4.4	9.6	108.0	46.5		46.7	2.6	6.5	100.7	42.3		42.6
2020	-9.1	13.0	-18.4	-12.0		-11.4	-9.9	11.6	-16.5	-11.4		-10.7
2021	12.5	8.8	-38.6	-14.9		-14.1	8.4	6.3	-40.4	-17.5		-16.7
2022	16.5	9.7	13.0	14.0		15.6	9.4	3.5	5.1	6.7		8.3
2023	10.2	6.5	7.7	8.6		10.2	3.1	1.7	2.9	2.8		4.4

2017
Q1	3.2	4.1	-19.9	-5.5		-5.1	2.0	3.3	-21.5	-6.9		-6.5
Q2	3.9	5.7	118.0	54.9		56.9	2.4	3.4	110.3	51.0		53.0
Q3	5.4	6.6	-37.5	-12.5		-8.4	4.1	4.7	-39.9	-14.5		-10.3
Q4	4.8	7.3	-47.5	-20.0		-23.4	2.8	3.7	-48.9	-21.5		-24.8
2018
Q1	5.1	7.3	1.7	4.3		7.5	3.5	3.6	-1.6	1.8		4.9
Q2	7.3	7.1	-67.4	-39.4		-40.1	5.6	6.3	-68.5	-40.7		-41.3
Q3	6.7	7.0	36.4	15.7		9.8	4.6	6.2	32.6	13.1		7.3
Q4	5.3	2.9	153.3	51.4		47.8	3.3	2.2	153.2	49.4		45.7
2019
Q1	4.9	9.0	14.2	8.5		6.6	2.7	7.8	13.2	6.7		4.9
Q2	5.0	9.8	251.5	88.9		87.2	3.1	5.5	244.1	84.5		82.8
Q3	4.0	8.5	12.6	7.8		9.9	2.5	6.4	10.1	5.7		7.8
Q4	4.0	11.2	128.0	70.0		72.7	2.2	6.4	116.1	62.9		65.5
2020
Q1	-3.3	6.6	345.9	114.1		113.9	-5.2	3.3	332.0	108.9		108.5
Q2	-18.8	14.4	-72.0	-49.1		-47.8	-18.9	14.7	-71.7	-49.1		-47.6
Q3	-5.7	12.5	9.4	2.7		1.4	-6.6	11.0	13.8	3.4		2.2
Q4	-8.6	18.3	-59.1	-42.4		-42.2	-9.1	17.2	-56.0	-40.1		-40.0
2021
Q1	-8.8	14.3	-77.8	-54.5		-53.4	-10.4	16.8	-77.9	-54.7		-53.6
Q2	25.3	8.2	14.0	17.8		15.6	21.1	4.6	9.5	14.4		11.8
Q3	15.0	9.2	-15.6	1.9		6.4	10.5	1.3	-22.8	-4.0		0.7
Q4	20.2	4.2	4.7	10.1		9.9	14.1	3.7	0.4	5.7		5.6
2022
Q1	25.2	9.7	24.3	21.7		19.7	18.6	-0.4	16.4	13.9		12.2
Q2	15.2	7.5	37.5	21.2		27.9	8.6	2.8	30.3	14.7		21.3
Q3	12.3	6.5	48.5	23.1		24.3	5.8	7.6	43.7	18.4		19.0
Q4	15.1	15.2	-22.0	-2.5		-2.4	6.5	4.2	-30.2	-11.6		-11.3
2023
Q1	13.5	6.0	9.4	10.7		11.9	5.6	-1.0	5.3	4.3		5.7
Q2	10.2	7.2	-3.4	4.5		6.1	2.7	1.0	-8.5	-1.8		0.1
Q3	10.6	6.1	-15.7	-0.5		-1.1	3.0	2.1	-20.2	-6.2		-6.4
Q4	7.4	6.8	38.6	19.1		23.7	1.5	4.5	34.0	14.4		18.3
¹Chain linked series not additive

Open in Excel: Quarterly National Accounts Q4 2023 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 2021)¹ - Seasonally Adjusted

Table 5.3 Total Domestic Demand at Current Market Prices & Constant Prices (Chain linked annually and referenced to year 2021)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
2017
Q1	24,874	7,556	15,856	48,286	-1	48,284	27,156	8,285	17,769	53,210	313	53,523
Q2	24,878	7,669	53,217	85,764	1,782	87,546	27,045	8,328	56,462	91,836	1,244	93,080
Q3	25,231	7,873	14,453	47,557	1,788	49,345	27,398	8,477	16,224	52,099	2,167	54,266
Q4	25,617	8,025	14,960	48,601	1,270	49,872	27,680	8,590	15,895	52,164	371	52,536
2018
Q1	26,277	8,122	16,223	50,623	1,436	52,059	28,213	8,597	17,685	54,494	1,581	56,075
Q2	26,664	8,201	17,636	52,501	682	53,183	28,553	8,851	19,080	56,484	282	56,766
Q3	26,807	8,428	19,505	54,740	-828	53,912	28,543	8,986	20,970	58,500	55	58,554
Q4	26,938	8,249	39,521	74,708	-334	74,373	28,590	8,794	41,080	78,464	-1,090	77,374
2019
Q1	27,810	8,867	18,540	55,216	542	55,758	29,193	9,255	19,941	58,389	964	59,353
Q2	27,941	8,988	61,379	98,308	128	98,436	29,407	9,329	62,224	100,960	-227	100,733
Q3	27,723	9,175	21,844	58,742	261	59,003	29,081	9,585	22,721	61,387	1,048	62,435
Q4	27,937	9,148	91,492	128,577	883	129,460	29,117	9,336	89,167	127,620	-109	127,511
2020
Q1	27,172	9,464	79,917	116,553	1,526	118,079	27,904	9,565	79,118	116,588	1,877	118,465
Q2	22,634	10,269	17,411	50,314	1,624	51,938	23,852	10,679	18,315	52,847	1,156	54,003
Q3	26,007	10,371	23,905	60,283	-580	59,703	26,973	10,695	25,380	63,048	385	63,433
Q4	25,487	10,767	36,574	72,827	1,136	73,963	26,322	10,873	38,089	75,283	65	75,348
2021
Q1	24,956	10,823	18,235	54,015	1,682	55,696	25,225	11,218	18,543	54,986	2,124	57,110
Q2	28,365	11,104	19,923	59,392	789	60,180	28,863	11,167	19,954	59,985	57	60,042
Q3	29,829	11,397	20,182	61,408	2,072	63,480	29,712	10,868	19,433	60,012	3,136	63,148
Q4	30,557	11,137	38,291	79,984	1,022	81,007	29,966	11,163	38,869	79,998	-110	79,888
2022
Q1	31,342	11,883	22,664	65,889	1,067	66,956	30,083	11,274	21,407	62,763	1,567	64,330
Q2	32,714	11,948	27,166	71,828	4,765	76,593	31,306	11,488	25,417	68,210	3,869	72,079
Q3	33,492	12,201	30,019	75,711	3,519	79,230	31,407	11,670	27,909	70,987	4,198	75,185
Q4	35,097	12,758	29,729	77,584	1,216	78,800	31,873	11,552	27,276	70,701	-11	70,690
2023
Q1	35,587	12,595	24,766	72,948	1,987	74,935	31,858	11,248	22,410	65,516	2,529	68,045
Q2	36,095	12,827	26,221	75,142	6,209	81,351	32,115	11,616	23,183	66,915	5,147	72,062
Q3	37,051	12,991	25,357	75,400	2,903	78,303	32,333	11,884	22,374	66,591	3,789	70,380
Q4	37,624	13,570	41,669	92,864	4,997	97,861	32,343	12,022	37,009	81,374	2,900	84,274

Percentage change on previous quarter
2017
Q1	1.8	0.9	-46.6	-21.6		-26.6	0.9	-0.0	-44.2	-20.7		-23.4
Q2	0.0	1.5	235.6	77.6		81.3	-0.4	0.5	217.8	72.6		73.9
Q3	1.4	2.7	-72.8	-44.5		-43.6	1.3	1.8	-71.3	-43.3		-41.7
Q4	1.5	1.9	3.5	2.2		1.1	1.0	1.3	-2.0	0.1		-3.2
2018
Q1	2.6	1.2	8.4	4.2		4.4	1.9	0.1	11.3	4.5		6.7
Q2	1.5	1.0	8.7	3.7		2.2	1.2	3.0	7.9	3.7		1.2
Q3	0.5	2.8	10.6	4.3		1.4	-0.0	1.5	9.9	3.6		3.2
Q4	0.5	-2.1	102.6	36.5		38.0	0.2	-2.1	95.9	34.1		32.1
2019
Q1	3.2	7.5	-53.1	-26.1		-25.0	2.1	5.2	-51.5	-25.6		-23.3
Q2	0.5	1.4	231.1	78.0		76.5	0.7	0.8	212.0	72.9		69.7
Q3	-0.8	2.1	-64.4	-40.2		-40.1	-1.1	2.7	-63.5	-39.2		-38.0
Q4	0.8	-0.3	318.8	118.9		119.4	0.1	-2.6	292.4	107.9		104.2
2020
Q1	-2.7	3.5	-12.7	-9.4		-8.8	-4.2	2.5	-11.3	-8.6		-7.1
Q2	-16.7	8.5	-78.2	-56.8		-56.0	-14.5	11.6	-76.9	-54.7		-54.4
Q3	14.9	1.0	37.3	19.8		14.9	13.1	0.1	38.6	19.3		17.5
Q4	-2.0	3.8	53.0	20.8		23.9	-2.4	1.7	50.1	19.4		18.8
2021
Q1	-2.1	0.5	-50.1	-25.8		-24.7	-4.2	3.2	-51.3	-27.0		-24.2
Q2	13.7	2.6	9.3	10.0		8.1	14.4	-0.5	7.6	9.1		5.1
Q3	5.2	2.6	1.3	3.4		5.5	2.9	-2.7	-2.6	0.0		5.2
Q4	2.4	-2.3	89.7	30.3		27.6	0.9	2.7	100.0	33.3		26.5
2022
Q1	2.6	6.7	-40.8	-17.6		-17.3	0.4	1.0	-44.9	-21.5		-19.5
Q2	4.4	0.5	19.9	9.0		14.4	4.1	1.9	18.7	8.7		12.0
Q3	2.4	2.1	10.5	5.4		3.4	0.3	1.6	9.8	4.1		4.3
Q4	4.8	4.6	-1.0	2.5		-0.5	1.5	-1.0	-2.3	-0.4		-6.0
2023
Q1	1.4	-1.3	-16.7	-6.0		-4.9	-0.0	-2.6	-17.8	-7.3		-3.7
Q2	1.4	1.8	5.9	3.0		8.6	0.8	3.3	3.5	2.1		5.9
Q3	2.6	1.3	-3.3	0.3		-3.7	0.7	2.3	-3.5	-0.5		-2.3
Q4	1.5	4.5	64.3	23.2		25.0	0.0	1.2	65.4	22.2		19.7
¹Chain linked series not additive

Open in Excel: Quarterly National Accounts Q4 2023 Table 5.3 (XLS 21KB)

Visit Table NAQ04 on PxStat

Table 5.4 Modified Total Domestic Demand at Current Market Prices & Constant Prices (Chain linked annually and referenced to year 2021)¹ - Non-Seasonally Adjusted

Table 5.4 Modified Total Domestic Demand at Current Market Prices & Constant Prices (Chain linked annually and referenced to year 2021)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
2017	100,682	31,132	36,450	168,264	4,805	173,069	109,245	33,692	42,442	185,227	4,090	189,742
2018	106,821	33,009	40,967	180,796	919	181,715	113,866	35,225	45,744	194,595	814	194,852
2019	111,572	36,192	41,251	189,015	1,784	190,798	116,826	37,513	44,675	198,862	1,638	200,101
2020	101,440	40,904	37,780	180,124	3,687	183,811	105,236	41,863	40,118	187,205	3,645	190,773
2021	114,120	44,490	42,231	200,840	5,545	206,385	114,120	44,490	42,231	200,840	5,545	206,385
2022	132,927	48,826	54,158	235,910	10,543	246,453	124,827	46,062	48,936	219,824	10,042	229,866
2023	146,529	52,020	53,462	252,010	16,060	268,071	128,702	46,845	45,453	220,999	14,783	235,782

2017
Q1	24,419	7,484	8,266	40,169	363	40,532	26,731	8,187	9,749	44,672	312	44,858
Q2	24,074	7,662	8,836	40,572	1,465	42,036	26,017	8,274	10,365	44,607	1,243	46,039
Q3	25,144	7,939	9,129	42,212	2,549	44,761	27,195	8,565	10,650	46,369	2,165	49,026
Q4	27,045	8,047	10,219	45,311	428	45,739	29,303	8,667	11,677	49,580	370	49,819
	100,682	31,132	36,450	168,264	4,805	173,069	109,245	33,692	42,442	185,227	4,090	189,742
2018
Q1	25,671	8,031	9,728	43,430	1,861	45,291	27,656	8,482	11,072	47,153	1,578	48,993
Q2	25,840	8,204	10,037	44,081	302	44,384	27,486	8,793	11,262	47,476	278	47,642
Q3	26,838	8,494	10,357	45,690	12	45,702	28,448	9,091	11,491	48,972	51	48,839
Q4	28,472	8,279	10,844	47,595	-1,256	46,339	30,276	8,858	11,919	50,994	-1,093	49,378
	106,821	33,009	40,967	180,796	919	181,715	113,866	35,225	45,744	194,595	814	194,852
2019
Q1	26,923	8,753	9,520	45,196	1,035	46,231	28,411	9,143	10,537	48,066	954	49,042
Q2	27,130	9,010	9,065	45,205	-320	44,886	28,327	9,274	9,894	47,493	-236	47,029
Q3	27,909	9,221	11,197	48,326	1,174	49,500	29,146	9,673	12,133	50,881	1,039	51,949
Q4	29,610	9,209	11,468	50,288	-106	50,182	30,942	9,423	12,111	52,422	-119	52,081
	111,572	36,192	41,251	189,015	1,784	190,798	116,826	37,513	44,675	198,862	1,638	200,101
2020
Q1	26,021	9,329	9,661	45,011	2,087	47,098	26,920	9,442	10,111	46,456	1,917	48,498
Q2	22,030	10,309	7,150	39,489	1,098	40,586	22,963	10,637	7,888	41,533	1,196	42,768
Q3	26,316	10,374	10,532	47,221	405	47,627	27,224	10,738	11,216	49,149	426	49,480
Q4	27,072	10,893	10,437	48,402	97	48,500	28,129	11,046	10,902	50,067	105	50,028
	101,440	40,904	37,780	180,124	3,687	183,811	105,236	41,863	40,118	187,205	3,645	190,773
2021
Q1	23,728	10,663	9,301	43,692	2,289	45,981	24,125	11,031	9,556	44,724	2,208	46,981
Q2	27,599	11,151	9,424	48,174	185	48,359	27,810	11,128	9,727	48,681	142	48,763
Q3	30,261	11,327	10,904	52,493	3,148	55,641	30,084	10,875	10,836	51,788	3,220	55,098
Q4	32,531	11,348	12,601	56,481	-77	56,404	32,101	11,456	12,111	55,647	-25	55,544
	114,120	44,490	42,231	200,840	5,545	206,385	114,120	44,490	42,231	200,840	5,545	206,385
2022
Q1	29,696	11,699	11,835	53,230	1,710	54,941	28,609	10,986	10,916	50,511	1,672	52,182
Q2	31,804	11,986	13,981	57,771	4,110	61,882	30,197	11,439	12,715	54,351	3,974	58,325
Q3	33,985	12,068	14,274	60,327	4,669	64,997	31,841	11,698	12,912	56,451	4,303	60,754
Q4	37,441	13,073	14,068	64,581	53	64,634	34,180	11,939	12,392	58,511	93	58,605
	132,927	48,826	54,158	235,910	10,543	246,453	124,827	46,062	48,936	219,824	10,042	229,866
2023
Q1	33,704	12,406	13,403	59,513	2,669	62,182	30,200	10,873	11,629	52,702	2,633	55,335
Q2	35,034	12,844	13,025	60,904	5,510	66,414	31,001	11,550	11,144	53,695	5,252	58,946
Q3	37,596	12,804	13,732	64,133	4,127	68,260	32,808	11,949	11,647	56,404	3,893	60,297
Q4	40,194	13,965	13,302	67,461	3,754	71,215	34,693	12,473	11,033	58,199	3,005	61,203
	146,529	52,020	53,462	252,010	16,060	268,071	128,702	46,845	45,453	220,999	14,783	235,782

Percentage change on corresponding period of previous year
2017	4.3	5.9	8.6	5.5		5.8	2.8	3.8	4.9	3.4		3.8
2018	6.1	6.0	12.4	7.4		5.0	4.2	4.5	7.8	5.1		2.7
2019	4.4	9.6	0.7	4.5		5.0	2.6	6.5	-2.3	2.2		2.7
2020	-9.1	13.0	-8.4	-4.7		-3.7	-9.9	11.6	-10.2	-5.9		-4.7
2021	12.5	8.8	11.8	11.5		12.3	8.4	6.3	5.3	7.3		8.2
2022	16.5	9.7	28.2	17.5		19.4	9.4	3.5	15.9	9.5		11.4
2023	10.2	6.5	-1.3	6.8		8.8	3.1	1.7	-7.1	0.5		2.6

2017
Q1	3.2	4.1	9.6	4.6		5.0	2.0	3.3	6.6	3.1		3.5
Q2	3.9	5.7	11.8	5.9		9.0	2.4	3.4	8.1	3.7		7.0
Q3	5.4	6.6	3.1	5.1		10.5	4.1	4.7	-1.2	3.1		8.6
Q4	4.8	7.3	10.3	6.4		-0.5	2.8	3.7	6.7	3.8		-2.9
2018
Q1	5.1	7.3	17.7	8.1		11.7	3.5	3.6	13.6	5.6		9.2
Q2	7.3	7.1	13.6	8.7		5.6	5.6	6.3	8.7	6.4		3.5
Q3	6.7	7.0	13.5	8.2		2.1	4.6	6.2	7.9	5.6		-0.4
Q4	5.3	2.9	6.1	5.0		1.3	3.3	2.2	2.1	2.9		-0.9
2019
Q1	4.9	9.0	-2.1	4.1		2.1	2.7	7.8	-4.8	1.9		0.1
Q2	5.0	9.8	-9.7	2.5		1.1	3.1	5.5	-12.1	0.0		-1.3
Q3	4.0	8.5	8.1	5.8		8.3	2.5	6.4	5.6	3.9		6.4
Q4	4.0	11.2	5.8	5.7		8.3	2.2	6.4	1.6	2.8		5.5
2020
Q1	-3.3	6.6	1.5	-0.4		1.9	-5.2	3.3	-4.0	-3.4		-1.1
Q2	-18.8	14.4	-21.1	-12.6		-9.6	-18.9	14.7	-20.3	-12.5		-9.1
Q3	-5.7	12.5	-5.9	-2.3		-3.8	-6.6	11.0	-7.6	-3.4		-4.8
Q4	-8.6	18.3	-9.0	-3.7		-3.4	-9.1	17.2	-10.0	-4.5		-3.9
2021
Q1	-8.8	14.3	-3.7	-2.9		-2.4	-10.4	16.8	-5.5	-3.7		-3.1
Q2	25.3	8.2	31.8	22.0		19.2	21.1	4.6	23.3	17.2		14.0
Q3	15.0	9.2	3.5	11.2		16.8	10.5	1.3	-3.4	5.4		11.4
Q4	20.2	4.2	20.7	16.7		16.3	14.1	3.7	11.1	11.1		11.0
2022
Q1	25.2	9.7	27.2	21.8		19.5	18.6	-0.4	14.2	12.9		11.1
Q2	15.2	7.5	48.4	19.9		28.0	8.6	2.8	30.7	11.6		19.6
Q3	12.3	6.5	30.9	14.9		16.8	5.8	7.6	19.2	9.0		10.3
Q4	15.1	15.2	11.6	14.3		14.6	6.5	4.2	2.3	5.1		5.5
2023
Q1	13.5	6.0	13.2	11.8		13.2	5.6	-1.0	6.5	4.3		6.0
Q2	10.2	7.2	-6.8	5.4		7.3	2.7	1.0	-12.4	-1.2		1.1
Q3	10.6	6.1	-3.8	6.3		5.0	3.0	2.1	-9.8	-0.1		-0.8
Q4	7.4	6.8	-5.4	4.5		10.2	1.5	4.5	-11.0	-0.5		4.4
¹Chain linked series not additive

Open in Excel: Quarterly National Accounts Q4 2023 Table 5.4 (XLS 24KB)

Visit Table NAQ05 on PxStat

Table 5.5 Modified Total Domestic Demand at Current Market Prices & Constant Prices (Chain linked annually and referenced to year 2021)¹ - Seasonally Adjusted

Table 5.5 Modified Total Domestic Demand at Current Market Prices & Constant Prices (Chain linked annually and referenced to year 2021)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
2017
Q1	24,874	7,556	8,616	41,046	-1	41,044	27,156	8,285	10,326	45,768	313	46,081
Q2	24,878	7,669	9,240	41,787	1,782	43,570	27,045	8,328	10,732	46,105	1,244	47,350
Q3	25,231	7,873	8,895	41,999	1,788	43,787	27,398	8,477	10,378	46,253	2,167	48,419
Q4	25,617	8,025	9,575	43,217	1,270	44,487	27,680	8,590	11,153	47,423	371	47,794
2018
Q1	26,277	8,122	10,169	44,568	1,436	46,004	28,213	8,597	11,513	48,323	1,581	49,904
Q2	26,664	8,201	10,596	45,461	682	46,143	28,553	8,851	11,694	49,099	282	49,380
Q3	26,807	8,428	9,991	45,226	-828	44,398	28,543	8,986	11,069	48,599	55	48,653
Q4	26,938	8,249	10,151	45,337	-334	45,003	28,590	8,794	11,305	48,690	-1,090	47,600
2019
Q1	27,810	8,867	10,055	46,732	542	47,274	29,193	9,255	11,178	49,625	964	50,589
Q2	27,941	8,988	9,745	46,674	128	46,802	29,407	9,329	10,743	49,479	-227	49,253
Q3	27,723	9,175	10,716	47,614	261	47,875	29,081	9,585	11,569	50,234	1,048	51,283
Q4	27,937	9,148	10,617	47,702	883	48,584	29,117	9,336	11,239	49,692	-109	49,583
2020
Q1	27,172	9,464	10,284	46,920	1,526	48,446	27,904	9,565	11,013	48,483	1,877	50,360
Q2	22,634	10,269	7,688	40,591	1,624	42,215	23,852	10,679	8,504	43,036	1,156	44,192
Q3	26,007	10,371	10,047	46,425	-580	45,845	26,973	10,695	10,591	48,259	385	48,644
Q4	25,487	10,767	9,717	45,970	1,136	47,106	26,322	10,873	10,260	47,454	65	47,519
2021
Q1	24,956	10,823	9,597	45,377	1,682	47,058	25,225	11,218	9,969	46,413	2,124	48,536
Q2	28,365	11,104	10,076	49,544	789	50,333	28,863	11,167	10,408	50,438	57	50,496
Q3	29,829	11,397	10,400	51,627	2,072	53,698	29,712	10,868	10,208	50,787	3,136	53,923
Q4	30,557	11,137	11,885	53,579	1,022	54,601	29,966	11,163	11,492	52,621	-110	52,511
2022
Q1	31,342	11,883	12,250	55,475	1,067	56,542	30,083	11,274	11,404	52,760	1,567	54,327
Q2	32,714	11,948	14,572	59,234	4,765	63,999	31,306	11,488	13,228	56,021	3,869	59,891
Q3	33,492	12,201	13,822	59,515	3,519	63,034	31,407	11,670	12,312	55,390	4,198	59,588
Q4	35,097	12,758	13,592	61,447	1,216	62,663	31,873	11,552	12,102	55,527	-11	55,516
2023
Q1	35,587	12,595	13,836	62,018	1,987	64,005	31,858	11,248	12,054	55,160	2,529	57,689
Q2	36,095	12,827	13,588	62,509	6,209	68,718	32,115	11,616	11,584	55,315	5,147	60,462
Q3	37,051	12,991	13,303	63,346	2,903	66,249	32,333	11,884	11,160	55,377	3,789	59,166
Q4	37,624	13,570	12,850	64,045	4,997	69,041	32,343	12,022	10,781	55,146	2,900	58,046

Percentage change on previous quarter
2017
Q1	1.8	0.9	-1.2	1.0		-8.4	0.9	-0.0	-0.1	0.5		-4.7
Q2	0.0	1.5	7.2	1.8		6.2	-0.4	0.5	3.9	0.7		2.8
Q3	1.4	2.7	-3.7	0.5		0.5	1.3	1.8	-3.3	0.3		2.3
Q4	1.5	1.9	7.7	2.9		1.6	1.0	1.3	7.5	2.5		-1.3
2018
Q1	2.6	1.2	6.2	3.1		3.4	1.9	0.1	3.2	1.9		4.4
Q2	1.5	1.0	4.2	2.0		0.3	1.2	3.0	1.6	1.6		-1.0
Q3	0.5	2.8	-5.7	-0.5		-3.8	-0.0	1.5	-5.3	-1.0		-1.5
Q4	0.5	-2.1	1.6	0.2		1.4	0.2	-2.1	2.1	0.2		-2.2
2019
Q1	3.2	7.5	-0.9	3.1		5.0	2.1	5.2	-1.1	1.9		6.3
Q2	0.5	1.4	-3.1	-0.1		-1.0	0.7	0.8	-3.9	-0.3		-2.6
Q3	-0.8	2.1	10.0	2.0		2.3	-1.1	2.7	7.7	1.5		4.1
Q4	0.8	-0.3	-0.9	0.2		1.5	0.1	-2.6	-2.8	-1.1		-3.3
2020
Q1	-2.7	3.5	-3.1	-1.6		-0.3	-4.2	2.5	-2.0	-2.4		1.6
Q2	-16.7	8.5	-25.2	-13.5		-12.9	-14.5	11.6	-22.8	-11.2		-12.2
Q3	14.9	1.0	30.7	14.4		8.6	13.1	0.1	24.5	12.1		10.1
Q4	-2.0	3.8	-3.3	-1.0		2.8	-2.4	1.7	-3.1	-1.7		-2.3
2021
Q1	-2.1	0.5	-1.2	-1.3		-0.1	-4.2	3.2	-2.8	-2.2		2.1
Q2	13.7	2.6	5.0	9.2		7.0	14.4	-0.5	4.4	8.7		4.0
Q3	5.2	2.6	3.2	4.2		6.7	2.9	-2.7	-1.9	0.7		6.8
Q4	2.4	-2.3	14.3	3.8		1.7	0.9	2.7	12.6	3.6		-2.6
2022
Q1	2.6	6.7	3.1	3.5		3.6	0.4	1.0	-0.8	0.3		3.5
Q2	4.4	0.5	19.0	6.8		13.2	4.1	1.9	16.0	6.2		10.2
Q3	2.4	2.1	-5.1	0.5		-1.5	0.3	1.6	-6.9	-1.1		-0.5
Q4	4.8	4.6	-1.7	3.2		-0.6	1.5	-1.0	-1.7	0.2		-6.8
2023
Q1	1.4	-1.3	1.8	0.9		2.1	-0.0	-2.6	-0.4	-0.7		3.9
Q2	1.4	1.8	-1.8	0.8		7.4	0.8	3.3	-3.9	0.3		4.8
Q3	2.6	1.3	-2.1	1.3		-3.6	0.7	2.3	-3.7	0.1		-2.1
Q4	1.5	4.5	-3.4	1.1		4.2	0.0	1.2	-3.4	-0.4		-1.9
¹Chain linked series not additive

Open in Excel: Quarterly National Accounts Q4 2023 Table 5.5 (XLS 23KB)

Visit Table NAQ05 on PxStat

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
2017	2,999	2,589	12,740	1,105	10,672	6,345	36,450	11,547	50,648
2018	3,869	3,223	14,485	1,387	11,185	6,816	40,967	15,307	36,703
2019	4,246	2,880	16,771	1,504	9,849	6,000	41,251	16,086	136,073
2020	4,392	2,705	15,441	1,162	7,834	6,246	37,780	9,948	110,166
2021	4,175	3,577	16,095	1,471	10,292	6,620	42,231	10,217	44,494
2022	6,963	4,220	16,746	1,876	16,641	7,711	54,158	11,999	43,369
2023	8,426	4,497	17,005	1,653	15,589	6,291	53,462	13,255	51,200

2017
Q1	617	596	2,464	269	2,670	1,650	8,266	3,450	3,536
Q2	677	601	2,699	242	3,085	1,531	8,836	3,302	40,953
Q3	864	620	3,435	250	2,422	1,538	9,129	1,587	3,493
Q4	840	773	4,142	344	2,495	1,626	10,219	3,208	2,665
	2,999	2,589	12,740	1,105	10,672	6,345	36,450	11,547	50,648
2018
Q1	804	882	2,719	296	3,395	1,633	9,728	2,265	3,511
Q2	975	841	3,179	344	n/a¹	n/a¹	10,037	n/a¹	n/a¹
Q3	1,083	779	4,026	344	2,346	1,779	10,357	4,132	4,894
Q4	1,007	721	4,562	403	n/a¹	n/a¹	10,844	n/a¹	n/a¹
	3,869	3,223	14,485	1,387	11,185	6,816	40,967	15,307	36,703
2019
Q1	938	699	3,179	332	2,851	1,521	9,520	3,502	4,686
Q2	992	683	3,505	341	n/a¹	n/a¹	9,065	n/a¹	n/a¹
Q3	1,224	808	4,653	381	n/a¹	n/a¹	11,197	n/a¹	n/a¹
Q4	1,092	691	5,435	450	n/a¹	n/a¹	11,468	n/a¹	n/a¹
	4,246	2,880	16,771	1,504	9,849	6,000	41,251	16,086	136,073
2020
Q1	1,157	491	3,737	375	n/a¹	n/a¹	9,661	n/a¹	n/a¹
Q2	680	550	2,434	193	n/a¹	n/a¹	7,150	n/a¹	n/a¹
Q3	1,153	774	4,375	216	2,341	1,672	10,532	2,369	10,984
Q4	1,403	889	4,895	378	1,898	975	10,437	4,167	23,375
	4,392	2,705	15,441	1,162	7,834	6,246	37,780	9,948	110,166
2021
Q1	862	609	2,687	332	2,921	1,890	9,301	2,287	5,979
Q2	1,037	911	3,247	360	2,094	1,775	9,424	3,205	6,826
Q3	1,001	950	4,683	332	2,219	1,719	10,904	1,698	7,556
Q4	1,274	1,107	5,478	447	3,058	1,236	12,601	3,027	24,132
	4,175	3,577	16,095	1,471	10,292	6,620	42,231	10,217	44,494
2022
Q1	1,387	925	3,340	413	3,613	2,157	11,835	2,440	7,559
Q2	1,820	1,014	3,751	434	n/a¹	n/a¹	13,981	n/a¹	n/a¹
Q3	1,859	1,096	4,756	586	n/a¹	n/a¹	14,274	n/a¹	n/a¹
Q4	1,896	1,186	4,899	443	4,062	1,582	14,068	3,792	13,145
	6,963	4,220	16,746	1,876	16,641	7,711	54,158	11,999	43,369
2023
Q1	1,830	1,074	3,597	400	4,638	1,863	13,403	2,548	7,938
Q2	1,922	1,055	3,859	394	n/a¹	n/a¹	13,025	n/a¹	n/a¹
Q3	2,347	1,124	4,726	419	3,819	1,296	13,732	2,322	9,171
Q4	2,327	1,243	4,822	440	n/a¹	n/a¹	13,302	n/a¹	n/a¹
	8,426	4,497	17,005	1,653	15,589	6,291	53,462	13,255	51,200

Percentage change on corresponding period of previous year
2017	43.9	17.9	14.3	-3.7	-15.4	44.6	8.6	61.8	-9.7
2018	29.0	24.5	13.7	25.5	4.8	7.4	12.4	32.6	-27.5
2019	9.7	-10.6	15.8	8.4	-12.0	-12.0	0.7	5.1	270.7
2020	3.4	-6.1	-7.9	-22.8	-20.5	4.1	-8.4	-38.2	-19.0
2021	-5.0	32.3	4.2	26.6	31.4	6.0	11.8	2.7	-59.6
2022	66.8	18.0	4.0	27.6	61.7	16.5	28.2	17.4	-2.5
2023	21.0	6.6	1.5	-11.9	-6.3	-18.4	-1.3	10.5	18.1

2017
Q1	31.4	24.6	30.5	3.5	-21.1	55.8	9.6	130.8	-64.7
Q2	26.9	6.3	10.0	-7.8	1.7	45.7	11.8	69.2	182.5
Q3	55.2	5.4	9.3	-20.4	-22.0	33.9	3.1	4.3	-71.8
Q4	60.6	36.9	13.3	10.6	-19.1	44.1	10.3	47.9	-86.1
2018
Q1	30.2	48.0	10.3	9.7	27.2	-1.0	17.7	-34.3	-0.7
Q2	44.0	39.9	17.8	42.2	n/a¹	n/a¹	13.6	n/a¹	n/a¹
Q3	25.3	25.7	17.2	37.8	-3.2	15.7	13.5	160.4	40.1
Q4	19.9	-6.7	10.1	17.2	n/a¹	n/a¹	6.1	n/a¹	n/a¹
2019
Q1	16.6	-20.8	16.9	12.5	-16.0	-6.8	-2.1	54.6	33.5
Q2	1.7	-18.9	10.3	-1.0	n/a¹	n/a¹	-9.7	n/a¹	n/a¹
Q3	13.1	3.7	15.6	10.6	n/a¹	n/a¹	8.1	n/a¹	n/a¹
Q4	8.5	-4.1	19.1	11.6	n/a¹	n/a¹	5.8	n/a¹	n/a¹
2020
Q1	23.4	-29.8	17.6	12.7	n/a¹	n/a¹	1.5	n/a¹	n/a¹
Q2	-31.5	-19.4	-30.6	-43.3	n/a¹	n/a¹	-21.1	n/a¹	n/a¹
Q3	-5.9	-4.1	-6.0	-43.3	n/a¹	n/a¹	-5.9	n/a¹	n/a¹
Q4	28.5	28.6	-9.9	-16.1	n/a¹	n/a¹	-9.0	n/a¹	n/a¹
2021
Q1	-25.5	24.2	-28.1	-11.5	n/a¹	n/a¹	-3.7	n/a¹	n/a¹
Q2	52.6	65.6	33.4	86.3	n/a¹	n/a¹	31.8	n/a¹	n/a¹
Q3	-13.1	22.7	7.0	53.6	-5.2	2.8	3.5	-28.3	-31.2
Q4	-9.2	24.4	11.9	18.4	61.2	26.9	20.7	-27.4	3.2
2022
Q1	60.9	51.9	24.3	24.5	23.7	14.1	27.2	6.7	26.4
Q2	75.5	11.2	15.5	20.5	n/a¹	n/a¹	48.4	n/a¹	n/a¹
Q3	85.6	15.3	1.6	76.7	n/a¹	n/a¹	30.9	n/a¹	n/a¹
Q4	48.8	7.1	-10.6	-0.9	32.8	27.9	11.6	25.3	-45.5
2023
Q1	31.9	16.1	7.7	-3.0	28.4	-13.6	13.2	4.4	5.0
Q2	5.6	4.1	2.9	-9.2	n/a¹	n/a¹	-6.8	n/a¹	n/a¹
Q3	26.3	2.6	-0.6	-28.5	n/a¹	n/a¹	-3.8	n/a¹	n/a¹
Q4	22.7	4.9	-1.6	-0.6	n/a¹	n/a¹	-5.4	n/a¹	n/a¹
¹Data suppressed for confidentiality reasons

Open in Excel: Quarterly National Accounts Q4 2023 Table 5.6 (XLS 20KB)

Visit Table NAQ05 on PxStat

Table 5.7 Components of Modified Gross Domestic Fixed Capital Formation at Constant Prices (Chain linked annually and referenced to year 2021)¹ - Non-Seasonally Adjusted

Table 5.7 Components of Modified Gross Domestic Fixed Capital Formation at Constant Prices (Chain linked annually and referenced to year 2021)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
2017	3,274	3,388	16,689	1,373	10,038	7,555	42,442	12,266	51,601
2018	4,089	3,923	17,649	1,585	10,578	7,796	45,744	16,097	36,822
2019	4,634	3,287	19,154	1,656	9,471	6,563	44,675	16,737	131,093
2020	4,458	2,997	17,126	1,265	7,775	6,675	40,118	10,217	110,429
2021	4,175	3,577	16,095	1,471	10,292	6,620	42,231	10,217	44,494
2022	5,753	3,750	14,860	1,670	15,688	7,215	48,936	11,415	41,516
2023	6,296	3,745	14,267	1,427	14,148	5,569	45,453	11,805	47,578

2017
Q1	712	796	3,301	351	2,498	1,951	9,749	3,677	3,634
Q2	765	798	3,577	309	2,864	1,841	10,365	3,508	41,819
Q3	923	819	4,523	304	2,277	1,865	10,650	1,683	3,553
Q4	874	975	5,288	408	2,399	1,898	11,677	3,397	2,595
	3,274	3,388	16,689	1,373	10,038	7,555	42,442	12,266	51,601
2018
Q1	877	1,102	3,453	348	3,195	1,846	11,072	2,391	3,446
Q2	1,039	1,030	3,900	396	n/a²	n/a²	11,262	n/a²	n/a²
Q3	1,130	946	4,889	388	2,196	2,062	11,491	4,343	4,922
Q4	1,043	846	5,407	452	n/a²	n/a²	11,919	n/a²	n/a²
	4,089	3,923	17,649	1,585	10,578	7,796	45,744	16,097	36,822
2019
Q1	1,035	831	3,772	370	2,727	1,683	10,537	3,659	4,690
Q2	1,089	796	4,089	377	n/a²	n/a²	9,894	n/a²	n/a²
Q3	1,325	926	5,364	416	n/a²	n/a²	12,133	n/a²	n/a²
Q4	1,185	734	5,929	493	n/a²	n/a²	12,111	n/a²	n/a²
	4,634	3,287	19,154	1,656	9,471	6,563	44,675	16,737	131,093
2020
Q1	1,186	522	4,082	410	n/a²	n/a²	10,111	n/a²	n/a²
Q2	692	679	2,900	211	n/a²	n/a²	7,888	n/a²	n/a²
Q3	1,167	841	4,815	236	2,316	1,872	11,216	2,437	11,885
Q4	1,412	955	5,330	408	1,912	995	10,902	4,267	25,144
	4,458	2,997	17,126	1,265	7,775	6,675	40,118	10,217	110,429
2021
Q1	879	633	2,845	350	2,924	1,847	9,556	2,313	5,794
Q2	1,053	970	3,415	371	2,106	1,822	9,727	3,223	6,379
Q3	1,002	937	4,628	327	2,224	1,772	10,836	1,694	7,063
Q4	1,241	1,037	5,206	423	3,038	1,179	12,111	2,987	25,257
	4,175	3,577	16,095	1,471	10,292	6,620	42,231	10,217	44,494
2022
Q1	1,192	838	3,062	380	3,477	1,968	10,916	2,376	7,138
Q2	1,535	894	3,332	391	n/a²	n/a²	12,715	n/a²	n/a²
Q3	1,526	988	4,225	514	n/a²	n/a²	12,912	n/a²	n/a²
Q4	1,501	1,030	4,241	385	3,791	1,445	12,392	3,534	12,491
	5,753	3,750	14,860	1,670	15,688	7,215	48,936	11,415	41,516
2023
Q1	1,413	914	3,099	350	4,232	1,621	11,629	2,329	7,559
Q2	1,456	875	3,222	345	n/a²	n/a²	11,144	n/a²	n/a²
Q3	1,740	933	3,951	362	3,488	1,172	11,647	2,067	8,601
Q4	1,687	1,023	3,995	370	n/a²	n/a²	11,033	n/a²	n/a²
	6,296	3,745	14,267	1,427	14,148	5,569	45,453	11,805	47,578

Percentage change on corresponding period of previous year
2017	42.3	11.3	7.8	-12.0	-16.2	41.5	4.9	59.6	-11.7
2018	24.9	15.8	5.8	15.5	5.4	3.2	7.8	31.2	-28.6
2019	13.3	-16.2	8.5	4.5	-10.5	-15.8	-2.3	4.0	256.0
2020	-3.8	-8.8	-10.6	-23.6	-17.9	1.7	-10.2	-39.0	-15.8
2021	-6.4	19.4	-6.0	16.2	32.4	-0.8	5.3	-0.0	-59.7
2022	37.8	4.8	-7.7	13.5	52.4	9.0	15.9	11.7	-6.7
2023	9.4	-0.1	-4.0	-14.5	-9.8	-22.8	-7.1	3.4	14.6

2017
Q1	37.5	17.4	22.4	-4.2	-22.1	60.4	6.6	128.0	-65.2
Q2	32.2	1.7	4.3	-15.4	-1.0	41.1	8.1	66.8	171.1
Q3	47.7	-1.6	2.3	-27.6	-23.2	29.4	-1.2	2.6	-72.8
Q4	51.0	29.9	7.4	0.3	-17.8	38.0	6.7	45.7	-86.7
2018
Q1	23.2	38.4	4.6	-0.8	27.9	-5.4	13.6	-35.0	-5.2
Q2	35.9	29.1	9.0	28.2	n/a²	n/a²	8.7	n/a²	n/a²
Q3	22.4	15.4	8.1	27.8	-3.6	10.6	7.9	158.0	38.5
Q4	19.3	-13.2	2.2	10.6	n/a²	n/a²	2.1	n/a²	n/a²
2019
Q1	18.0	-24.6	9.2	6.2	-14.7	-8.8	-4.8	53.1	36.1
Q2	4.8	-22.7	4.9	-4.8	n/a²	n/a²	-12.1	n/a²	n/a²
Q3	17.3	-2.1	9.7	7.1	n/a²	n/a²	5.6	n/a²	n/a²
Q4	13.6	-13.3	9.7	9.1	n/a²	n/a²	1.6	n/a²	n/a²
2020
Q1	14.6	-37.1	8.2	10.8	n/a²	n/a²	-4.0	n/a²	n/a²
Q2	-36.5	-14.7	-29.1	-43.9	n/a²	n/a²	-20.3	n/a²	n/a²
Q3	-11.9	-9.2	-10.2	-43.3	n/a²	n/a²	-7.6	n/a²	n/a²
Q4	19.2	30.2	-10.1	-17.2	n/a²	n/a²	-10.0	n/a²	n/a²
2021
Q1	-25.9	21.2	-30.3	-14.6	n/a²	n/a²	-5.5	n/a²	n/a²
Q2	52.1	42.9	17.8	75.6	n/a²	n/a²	23.3	n/a²	n/a²
Q3	-14.2	11.5	-3.9	38.6	-4.0	-5.3	-3.4	-30.5	-40.6
Q4	-12.1	8.6	-2.3	3.5	58.9	18.5	11.1	-30.0	0.4
2022
Q1	35.7	32.3	7.6	8.4	18.9	6.5	14.2	2.7	23.2
Q2	45.7	-7.8	-2.4	5.4	n/a²	n/a²	30.7	n/a²	n/a²
Q3	52.3	5.4	-8.7	57.5	n/a²	n/a²	19.2	n/a²	n/a²
Q4	20.9	-0.7	-18.5	-9.0	24.8	22.5	2.3	18.3	-50.5
2023
Q1	18.5	9.1	1.2	-7.8	21.7	-17.6	6.5	-2.0	5.9
Q2	-5.1	-2.2	-3.3	-11.8	n/a²	n/a²	-12.4	n/a²	n/a²
Q3	14.1	-5.5	-6.5	-29.6	n/a²	n/a²	-9.8	n/a²	n/a²
Q4	12.4	-0.7	-5.8	-3.8	n/a²	n/a²	-11.0	n/a²	n/a²
¹Chain linked series not additive
²Data suppressed for confidentiality reasons

Open in Excel: Quarterly National Accounts Q4 2023 Table 5.7 (XLS 21KB)

Visit Table NAQ05 on PxStat

Table 5.8 Components of Modified Gross Domestic Fixed Capital Formation at Current Market Prices & Constant Prices (Chain linked annually and referenced to year 2021)¹ - 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 2021)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
2017
Q1	4,603	2,450	1,563	8,616	5,979	2,425	1,923	10,326
Q2	4,583	3,114	1,543	9,240	5,918	2,992	1,822	10,732
Q3	4,855	2,478	1,562	8,895	6,090	2,454	1,834	10,378
Q4	5,285	2,622	1,669	9,575	6,574	2,589	1,991	11,153
2018
Q1	5,443	3,160	1,566	10,169	6,680	3,020	1,813	11,513
Q2	5,821	n/a³	n/a³	10,596	6,946	n/a³	n/a³	11,694
Q3	5,838	2,372	1,780	9,991	6,786	2,277	2,006	11,069
Q4	5,768	n/a³	n/a³	10,151	6,728	n/a³	n/a³	11,305
2019
Q1	6,019	2,584	1,452	10,055	7,076	2,456	1,647	11,178
Q2	6,095	n/a³	n/a³	9,745	7,035	n/a³	n/a³	10,743
Q3	6,588	n/a³	n/a³	10,716	7,388	n/a³	n/a³	11,569
Q4	6,539	n/a³	n/a³	10,617	7,175	n/a³	n/a³	11,239
2020
Q1	6,826	n/a³	n/a³	10,284	7,438	n/a³	n/a³	11,013
Q2	4,274	n/a³	n/a³	7,688	4,982	n/a³	n/a³	8,504
Q3	6,037	2,346	1,664	10,047	6,447	2,333	1,811	10,591
Q4	6,517	2,099	1,100	9,717	7,026	2,114	1,120	10,260
2021
Q1	5,310	2,534	1,753	9,597	5,625	2,565	1,779	9,969
Q2	6,116	2,269	1,691	10,076	6,389	2,288	1,731	10,408
Q3	6,420	2,250	1,730	10,400	6,274	2,209	1,725	10,208
Q4	7,171	3,280	1,434	11,885	6,877	3,257	1,358	11,492
2022
Q1	7,107	3,157	1,986	12,250	6,457	3,068	1,878	11,404
Q2	7,638	n/a³	n/a³	14,572	6,687	n/a³	n/a³	13,228
Q3	7,696	n/a³	n/a³	13,822	6,644	n/a³	n/a³	12,312
Q4	7,431	4,317	1,844	13,592	6,358	4,058	1,687	12,102
2023
Q1	7,980	4,136	1,721	13,836	6,704	3,813	1,537	12,054
Q2	7,832	n/a³	n/a³	13,588	6,385	n/a³	n/a³	11,584
Q3	8,006	3,948	1,349	13,303	6,422	3,576	1,162	11,160
Q4	7,894	n/a³	n/a³	12,850	6,362	n/a³	n/a³	10,781

Percentage change on previous quarter
2017
Q1	5.3	-23.3	34.4	-1.2	3.3	-22.4	35.1	-0.1
Q2	-0.4	27.1	-1.3	7.2	-1.0	23.4	-5.3	3.9
Q3	5.9	-20.4	1.2	-3.7	2.9	-18.0	0.7	-3.3
Q4	8.9	5.8	6.8	7.7	7.9	5.5	8.5	7.5
2018
Q1	3.0	20.5	-6.2	6.2	1.6	16.7	-8.9	3.2
Q2	6.9	n/a³	n/a³	4.2	4.0	n/a³	n/a³	1.6
Q3	0.3	n/a³	n/a³	-5.7	-2.3	n/a³	n/a³	-5.3
Q4	-1.2	n/a³	n/a³	1.6	-0.9	n/a³	n/a³	2.1
2019
Q1	4.3	n/a³	n/a³	-0.9	5.2	n/a³	n/a³	-1.1
Q2	1.3	n/a³	n/a³	-3.1	-0.6	n/a³	n/a³	-3.9
Q3	8.1	n/a³	n/a³	10.0	5.0	n/a³	n/a³	7.7
Q4	-0.7	n/a³	n/a³	-0.9	-2.9	n/a³	n/a³	-2.8
2020
Q1	4.4	n/a³	n/a³	-3.1	3.7	n/a³	n/a³	-2.0
Q2	-37.4	n/a³	n/a³	-25.2	-33.0	n/a³	n/a³	-22.8
Q3	41.3	n/a³	n/a³	30.7	29.4	n/a³	n/a³	24.5
Q4	8.0	-10.5	-33.9	-3.3	9.0	-9.4	-38.2	-3.1
2021
Q1	-18.5	20.7	59.3	-1.2	-19.9	21.4	58.9	-2.8
Q2	15.2	-10.5	-3.5	5.0	13.6	-10.8	-2.7	4.4
Q3	5.0	-0.8	2.3	3.2	-1.8	-3.5	-0.3	-1.9
Q4	11.7	45.8	-17.1	14.3	9.6	47.5	-21.3	12.6
2022
Q1	-0.9	-3.7	38.5	3.1	-6.1	-5.8	38.3	-0.8
Q2	7.5	n/a³	n/a³	19.0	3.6	n/a³	n/a³	16.0
Q3	0.8	n/a³	n/a³	-5.1	-0.6	n/a³	n/a³	-6.9
Q4	-3.4	n/a³	n/a³	-1.7	-4.3	n/a³	n/a³	-1.7
2023
Q1	7.4	-4.2	-6.7	1.8	5.5	-6.0	-8.9	-0.4
Q2	-1.9	n/a³	n/a³	-1.8	-4.8	n/a³	n/a³	-3.9
Q3	2.2	n/a³	n/a³	-2.1	0.6	n/a³	n/a³	-3.7
Q4	-1.4	n/a³	n/a³	-3.4	-0.9	n/a³	n/a³	-3.4
¹Chain linked series not additive
²The results are aggregated to this level as some of the components, individually, do not have identifiable seasonality present
³Data suppressed for confidentiality reasons

Open in Excel: Quarterly National Accounts Q4 2023 Table 5.8 (XLS 18KB)

Visit Table NAQ05 on PxStat

Next chapter: Foreign and Domestic GVA

Why you can Trust the CSO

Learn about our data and confidentiality safeguards, and the steps we take to produce statistics that can be trusted by all.

go to trust & transparency

Quarterly National Accounts Quarter 4 2023

Domestic Demand

Domestic Demand

Modified Domestic Demand decreased by 0.4% in Q4 2023

Comparisons with Q4 2022

Contents

Related

Why you can Trust the CSO

Contact:

Links:

Careers

Follow: