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Quarterly National Accounts Quarter 4 2025

GDP - Expenditure

Personal Consumption Expenditure increased by 0.9% in Q4 2025

Online ISSN: 2009-5775

CSO statistical release, 05 March 2026, 11am

Table 3.1 Expenditure Components of GDP¹, Q4 2025²
	Amount €m	Quarterly % change
Personal Consumption of Goods and Services	41,197	0.9
Net Expenditure by Central and Local Government on Current Goods and Services	14,789	0.3
Gross Domestic Fixed Capital Formation	30,096	-4.6
Net Exports	54,192
Exports of Goods and Services	207,849	-3.4
Less Imports of Goods and Services	-153,656	-1.3
Gross Domestic Product	146,732	-3.8
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 2023 and seasonally adjusted

Open in Excel: Quarterly National Accounts Q4 2025 Table 3.1 (XLS 11KB)

On the expenditure side of the accounts (Table 3.5), Capital Investment decreased by €7.1 billion in Q4 2025 compared with the previous quarter and accounted for 36% of total domestic demand in Q4 2025.

Personal Consumption Expenditure increased by 0.9% in Q4 2025 compared to Q3 2025, while Government Expenditure increased by 0.3% over the same period. There was an overall decrease in real GDP of 3.8%.

	Personal Consumption Expenditure	Government Expenditure	Gross Fixed Capital Formation	Value of Physical Changes in Stocks	Net Exports	GDP
Q1 2023	38.3912542171	12.8333009877	30.9945429549	0.8237170709	51.0233751078	133.3561824347
Q2 2023	38.478894299	13.057069778	28.9159520794	3.5361399697	47.776861227	133.5194563198
Q3 2023	38.0379389673	13.228457442	27.5433784817	4.3061947945	48.266447785	131.0361766284
Q4 2023	38.9029849966	14.0651489324	43.3563075947	0.6216971379	27.6085894251	127.2778114522
Q1 2024	39.146872116	13.4875227543	27.5239127294	1.0912413682	49.3851533878	129.5390203887
Q2 2024	39.4404121649	13.959830556	11.0524228465	1.8231866632	61.6101311372	129.2138078865
Q3 2024	39.5876699645	14.0528145125	29.5009644639	1.8424908712	49.9672994587	137.2844374514
Q4 2024	40.2228910638	14.444273738	25.4341489051	0.5005761802	61.7553612508	142.4710340147
Q1 2025	40.3117107912	14.2539684385	43.7889124667	-4.8641460958	62.3932208767	153.3977734078
Q2 2025	40.6820756312	14.5245540829	27.8127896081	1.3084422002	69.0585804574	152.5489705281
Q3 2025	40.8277202528	14.7414737527	31.5346664269	7.0035778302	59.5603056625	152.5768701818
Q4 2025	41.1966442139	14.7892308374	30.0958290598	1.3641659522	54.192073748	146.731525576

Get the data: NAQ04

	Building & Construction	Machinery & Equipment	Intangibles	Gross Domestic Fixed Capital Formation
Q1 2023	9.3382942578	7.3861626232	14.3303904813	30.9945429549
Q2 2023	8.8855071706	7.7294478131	12.3860730225	28.9159520794
Q3 2023	9.0649076267	6.8399150939	11.7498338954	27.5433784817
Q4 2023	8.9610960075	7.2642478944	26.874305224	43.3563075947
Q1 2024	8.3008506072	5.2743345218	13.9487276002	27.5239127294
Q2 2024	8.3857513392	7.7405751047	-5.0739035974	11.0524228465
Q3 2024	9.1498645524	7.191738206	13.1593617054	29.5009644639
Q4 2024	8.59804082	4.7617804624	12.0743276227	25.4341489051
Q1 2025	9.1493374097	6.974092225	27.6654828319	43.7889124667
Q2 2025	9.6394421233	5.7395557926	12.4337916921	27.8127896081
Q3 2025	9.3427322615	6.710425333	15.4815088323	31.5346664269
Q4 2025	9.437262514	7.2442449176	13.4143216282	30.0958290598

Get the data: NAQ04

Comparisons with Q4 2024

On the expenditure side of the accounts (Table 3.3), Capital Investment increased by 18.9% (or €5.4 billion) compared to the same quarter of 2024. Personal Consumption Expenditure showed an increase of 2.6%, while Government Expenditure grew by 2.7% over the same period. Exports of Goods and Services increased by 3.8% (or €7.8 billion), while Imports of Goods and Services increased by 10.3% (or €15.6 billion) over the same period. Net Exports therefore decreased by 13.7% (or €7.8 billion) year-on-year.

Table 3.2 Expenditure on Gross National Product at Current Market Prices

Table 3.2 Expenditure on Gross National Product at Current Market Prices										€million
Period	Personal Consumption of Goods and Services	Net Exp. by Central and Local Government on Current Goods and Services	Gross Domestic Fixed Capital Formation	Value of Physical Changes in Stocks	Exports of Goods and Services	Imports of Goods and Services	Statistical Discrepancy	GDP at Current Market Prices	Net Factor Income from Rest of World	GNP at Current Market Prices
2019	112,422	36,078	193,555	1,788	477,333	-459,886	2,463	363,753	-90,450	273,303
2020	102,101	40,725	157,989	4,594	533,702	-454,137	-3,245	381,729	-103,801	277,928
2021	114,296	44,493	99,007	4,279	611,669	-424,385	-914	448,445	-128,946	319,499
2022	135,461	48,314	110,101	9,061	726,434	-511,603	2,951	520,718	-165,125	355,594
2023	153,926	53,217	130,596	9,288	716,393	-541,118	2,426	524,729	-133,977	390,752
2024	164,748	57,298	97,634	5,067	810,337	-575,093	2,804	562,794	-140,608	422,186
2025	172,410	60,433	142,016	4,447	894,583	-637,995	2,789	638,684	-201,453	437,231

2019
Q1	27,191	8,728	17,782	1,036	111,388	-79,404	464	87,185	-22,289	64,897
Q2	27,295	8,988	60,983	-318	115,920	-126,318	240	86,790	-24,073	62,717
Q3	27,974	9,208	21,860	1,174	120,395	-86,639	-257	93,714	-22,830	70,884
Q4	29,962	9,155	92,929	-105	129,630	-167,525	2,016	96,063	-21,258	74,805
2020
Q1	26,208	9,291	79,024	2,067	131,539	-152,908	263	95,483	-25,126	70,358
Q2	22,279	10,270	17,149	1,267	121,390	-84,378	-1,264	86,712	-24,433	62,279
Q3	26,305	10,334	23,887	485	128,691	-86,317	-1,727	101,658	-31,089	70,569
Q4	27,309	10,830	37,929	775	152,083	-130,534	-517	97,875	-23,153	74,722
2021
Q1	25,269	10,662	17,994	1,811	139,419	-87,834	-306	107,015	-34,867	72,148
Q2	27,120	11,150	20,022	261	147,451	-98,024	-1,347	106,633	-33,284	73,350
Q3	29,744	11,349	20,657	3,162	154,990	-100,441	-919	118,543	-33,322	85,221
Q4	32,163	11,332	40,334	-955	169,809	-138,086	1,658	116,254	-27,474	88,780
2022
Q1	31,131	11,565	22,329	1,520	164,845	-109,231	376	122,535	-40,073	82,462
Q2	32,625	11,853	26,695	4,796	176,848	-125,067	-1,977	125,773	-38,322	87,451
Q3	34,277	11,959	29,756	2,625	190,143	-132,436	1,565	137,890	-45,895	91,996
Q4	37,428	12,936	31,321	120	194,597	-144,869	2,986	134,520	-40,834	93,686
2023
Q1	36,028	12,678	27,327	878	181,962	-125,295	-1,618	131,960	-44,680	87,280
Q2	37,674	13,130	28,960	3,574	175,240	-129,369	531	129,739	-33,591	96,148
Q3	38,401	13,130	28,163	4,004	175,189	-126,010	1,212	134,089	-32,048	102,041
Q4	41,823	14,280	46,145	832	184,003	-160,443	2,301	128,941	-23,657	105,283
2024
Q1	39,178	13,653	25,066	1,148	182,806	-128,870	-60	132,921	-35,063	97,858
Q2	40,568	14,382	11,546	1,736	210,064	-144,962	1,859	135,196	-28,975	106,220
Q3	40,803	14,223	30,989	1,780	197,367	-143,029	1,308	143,440	-33,862	109,579
Q4	44,199	15,039	30,033	403	220,100	-158,232	-303	151,237	-42,708	108,529
2025
Q1	41,008	14,583	42,006	-4,769	228,342	-154,498	534	167,208	-67,116	100,092
Q2	42,532	15,085	30,148	1,259	217,731	-146,860	-710	159,184	-50,370	108,815
Q3	42,579	15,055	34,327	6,724	222,554	-161,012	-1,066	159,161	-46,554	112,606
Q4	46,291	15,709	35,534	1,234	225,956	-175,626	4,031	153,130	-37,413	115,717

Percentage change on corresponding period of previous year
2019	4.6	9.1	107.0		13.1	42.2		8.5		8.0
2020	-9.2	12.9	-18.4		11.8	-1.3		4.9		1.7
2021	11.9	9.3	-37.3		14.6	-6.6		17.5		15.0
2022	18.5	8.6	11.2		18.8	20.6		16.1		11.3
2023	13.6	10.1	18.6		-1.4	5.8		0.8		9.9
2024	7.0	7.7	-25.2		13.1	6.3		7.3		8.0
2025	4.7	5.5	45.5		10.4	10.9		13.5		3.6

2019
Q1	4.6	8.5	13.6		15.1	19.9		7.2		6.1
Q2	5.0	9.4	249.1		11.8	70.3		7.6		2.3
Q3	4.3	8.2	12.1		12.4	12.4		9.2		7.3
Q4	4.4	10.4	127.4		13.1	58.2		10.0		15.7
2020
Q1	-3.6	6.5	344.4		18.1	92.6		9.5		8.4
Q2	-18.4	14.3	-71.9		4.7	-33.2		-0.1		-0.7
Q3	-6.0	12.2	9.3		6.9	-0.4		8.5		-0.4
Q4	-8.9	18.3	-59.2		17.3	-22.1		1.9		-0.1
2021
Q1	-3.6	14.8	-77.2		6.0	-42.6		12.1		2.5
Q2	21.7	8.6	16.8		21.5	16.2		23.0		17.8
Q3	13.1	9.8	-13.5		20.4	16.4		16.6		20.8
Q4	17.8	4.6	6.3		11.7	5.8		18.8		18.8
2022
Q1	23.2	8.5	24.1		18.2	24.4		14.5		14.3
Q2	20.3	6.3	33.3		19.9	27.6		17.9		19.2
Q3	15.2	5.4	44.0		22.7	31.9		16.3		7.9
Q4	16.4	14.2	-22.3		14.6	4.9		15.7		5.5
2023
Q1	15.7	9.6	22.4		10.4	14.7		7.7		5.8
Q2	15.5	10.8	8.5		-0.9	3.4		3.2		9.9
Q3	12.0	9.8	-5.4		-7.9	-4.9		-2.8		10.9
Q4	11.7	10.4	47.3		-5.4	10.8		-4.1		12.4
2024
Q1	8.7	7.7	-8.3		0.5	2.9		0.7		12.1
Q2	7.7	9.5	-60.1		19.9	12.1		4.2		10.5
Q3	6.3	8.3	10.0		12.7	13.5		7.0		7.4
Q4	5.7	5.3	-34.9		19.6	-1.4		17.3		3.1
2025
Q1	4.7	6.8	67.6		24.9	19.9		25.8		2.3
Q2	4.8	4.9	161.1		3.6	1.3		17.7		2.4
Q3	4.4	5.9	10.8		12.8	12.6		11.0		2.8
Q4	4.7	4.5	18.3		2.7	11.0		1.3		6.6

Open in Excel: Quarterly National Accounts Q4 2025 Table 3.2 (XLS 21KB)

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Table 3.3 Expenditure on Gross National Product at Constant Market Prices (Chain linked annually and referenced to year 2023)

Table 3.3 Expenditure on Gross National Product at Constant Market Prices (Chain linked annually and referenced to year 2023)¹									€million
Period	Personal Consumption of Goods and Services	Net Exp. by Central and Local Government on Current Goods and Services	Gross Domestic Fixed Capital Formation	Value of Physical Changes in Stocks	Exports of Goods and Services	Imports of Goods and Services	GDP at Constant Market Prices	Net Factor Income from Rest of World	GNP at Constant Market Prices
2019	134,038	41,566	223,286	1,668	518,072	-506,170	401,983	-97,684	305,914
2020	121,518	46,365	186,513	4,742	588,306	-507,130	430,740	-114,225	317,898
2021	132,360	49,439	112,093	4,519	665,618	-460,398	500,771	-140,492	361,583
2022	146,605	50,683	115,202	8,895	745,664	-529,319	538,384	-172,776	366,169
2023	153,926	53,217	130,596	9,288	716,393	-541,118	524,729	-133,977	390,752
2024	158,459	56,048	93,421	5,257	777,771	-555,653	538,369	-134,707	403,662
2025	163,064	58,363	133,178	4,812	853,300	-608,324	604,791	-191,534	413,257

2019
Q1	32,614	10,141	21,117	971	119,577	-87,655	95,715	-23,823	72,247
Q2	32,470	10,287	71,112	-239	126,589	-139,938	97,405	-26,148	71,520
Q3	33,355	10,731	25,408	1,056	130,197	-96,097	104,005	-24,575	79,884
Q4	35,599	10,406	105,649	-120	141,708	-182,481	104,858	-23,138	82,263
2020
Q1	30,911	10,470	90,951	1,926	141,019	-168,534	103,998	-26,850	77,508
Q2	26,597	11,784	20,216	1,514	134,224	-93,023	99,800	-26,921	73,183
Q3	31,337	11,906	28,923	509	145,290	-97,023	116,211	-34,994	81,438
Q4	32,674	12,204	46,423	793	167,772	-148,549	110,731	-25,459	85,769
2021
Q1	29,731	12,250	20,500	1,859	151,312	-95,768	118,884	-37,851	81,166
Q2	31,563	12,376	22,596	224	165,316	-107,381	122,488	-37,271	85,421
Q3	34,402	12,094	22,807	3,338	168,994	-108,271	132,215	-36,286	96,305
Q4	36,664	12,719	46,190	-903	179,995	-148,978	127,184	-29,084	98,691
2022
Q1	34,683	12,064	23,601	1,550	171,695	-116,224	127,670	-42,557	85,185
Q2	35,412	12,572	28,200	4,703	183,674	-130,347	131,793	-40,549	91,448
Q3	36,879	12,890	31,217	2,556	193,947	-135,014	141,833	-47,694	94,202
Q4	39,631	13,158	32,184	85	196,348	-147,734	137,088	-41,975	95,333
2023
Q1	37,636	12,435	27,471	824	179,969	-125,691	130,787	-44,234	86,725
Q2	37,823	13,002	28,774	3,536	176,799	-130,282	130,697	-33,880	96,826
Q3	37,483	13,062	27,944	4,306	177,765	-125,779	135,161	-32,495	102,633
Q4	40,984	14,718	46,407	622	181,860	-159,366	128,084	-23,368	104,568
2024
Q1	38,287	13,003	24,051	1,091	176,666	-126,031	127,278	-33,830	93,448
Q2	38,955	13,905	11,120	1,823	202,325	-140,600	127,631	-27,886	99,745
Q3	38,745	13,891	30,207	1,842	191,224	-138,150	140,564	-32,764	107,800
Q4	42,472	15,249	28,043	501	207,556	-150,871	142,896	-40,226	102,670
2025
Q1	39,382	13,678	40,261	-4,864	214,568	-147,909	152,878	-62,861	90,017
Q2	40,285	14,448	27,974	1,308	207,265	-139,972	149,594	-47,870	101,724
Q3	39,832	14,577	32,371	7,004	216,071	-153,975	156,315	-45,139	111,176
Q4	43,564	15,660	32,571	1,364	215,397	-166,468	146,004	-35,664	110,341

Percentage change on corresponding period of previous year
2019	2.9	5.8	99.7		11.0	40.4	5.0		4.0
2020	-9.3	11.5	-16.5		13.6	0.2	7.2		3.9
2021	8.9	6.6	-39.9		13.1	-9.2	16.3		13.7
2022	10.8	2.5	2.8		12.0	15.0	7.5		1.3
2023	5.0	5.0	13.4		-3.9	2.2	-2.5		6.7
2024	2.9	5.3	-28.5		8.6	2.7	2.6		3.3
2025	2.9	4.1	42.6		9.7	9.5	12.3		2.4

2019
Q1	3.0	7.2	12.5		12.2	17.2	3.8		2.7
Q2	3.3	4.9	241.7		9.9	67.8	4.1		-1.3
Q3	2.8	5.9	9.5		10.9	13.7	6.0		3.8
Q4	2.5	5.4	115.4		11.2	54.7	5.8		10.7
2020
Q1	-5.2	3.2	330.7		17.9	92.3	8.7		7.3
Q2	-18.1	14.6	-71.6		6.0	-33.5	2.5		2.3
Q3	-6.1	10.9	13.8		11.6	1.0	11.7		1.9
Q4	-8.2	17.3	-56.1		18.4	-18.6	5.6		4.3
2021
Q1	-3.8	17.0	-77.5		7.3	-43.2	14.3		4.7
Q2	18.7	5.0	11.8		23.2	15.4	22.7		16.7
Q3	9.8	1.6	-21.1		16.3	11.6	13.8		18.3
Q4	12.2	4.2	-0.5		7.3	0.3	14.9		15.1
2022
Q1	16.7	-1.5	15.1		13.5	21.4	7.4		5.0
Q2	12.2	1.6	24.8		11.1	21.4	7.6		7.1
Q3	7.2	6.6	36.9		14.8	24.7	7.3		-2.2
Q4	8.1	3.5	-30.3		9.1	-0.8	7.8		-3.4
2023
Q1	8.5	3.1	16.4		4.8	8.1	2.4		1.8
Q2	6.8	3.4	2.0		-3.7	-0.1	-0.8		5.9
Q3	1.6	1.3	-10.5		-8.3	-6.8	-4.7		9.0
Q4	3.4	11.9	44.2		-7.4	7.9	-6.6		9.7
2024
Q1	1.7	4.6	-12.4		-1.8	0.3	-2.7		7.8
Q2	3.0	6.9	-61.4		14.4	7.9	-2.3		3.0
Q3	3.4	6.3	8.1		7.6	9.8	4.0		5.0
Q4	3.6	3.6	-39.6		14.1	-5.3	11.6		-1.8
2025
Q1	2.9	5.2	67.4		21.5	17.4	20.1		-3.7
Q2	3.4	3.9	151.6		2.4	-0.4	17.2		2.0
Q3	2.8	4.9	7.2		13.0	11.5	11.2		3.1
Q4	2.6	2.7	16.1		3.8	10.3	2.2		7.5
¹Chain linked series not additive

Open in Excel: Quarterly National Accounts Q4 2025 Table 3.3 (XLS 22KB)

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

Table 3.4 Expenditure on Gross National Product at Current Market Prices - Seasonally Adjusted									€million
Period	Personal Consumption of Goods and Services	Net Exp. by Central and Local Government on Current Goods and Services	Gross Domestic Fixed Capital Formation	Value of Physical Changes in Stocks	Exports of Goods and Services	Imports of Goods and Services	GDP at Current Market Prices	Net Factor Income from Rest of World	GNP at Current Market Prices
2019
Q1	27,660	8,835	19,339	1,036	113,330	-82,464	87,280	-21,412	65,868
Q2	27,965	8,976	61,747	-318	117,127	-127,104	89,593	-23,754	65,839
Q3	28,112	9,140	21,848	1,174	120,659	-89,114	92,196	-21,830	70,366
Q4	28,635	9,118	90,337	-105	125,378	-160,628	94,701	-23,503	71,197
2020
Q1	26,730	9,412	80,827	2,067	133,012	-156,879	94,606	-24,280	70,326
Q2	22,765	10,240	17,819	1,267	123,034	-85,354	89,356	-24,201	65,155
Q3	26,411	10,301	23,837	485	129,425	-88,652	100,337	-29,593	70,744
Q4	26,084	10,746	35,295	775	147,468	-120,774	98,983	-25,816	73,166
2021
Q1	25,842	10,809	19,727	1,811	142,248	-93,379	106,355	-33,970	72,385
Q2	27,686	11,100	20,769	261	149,797	-99,215	109,724	-33,237	76,487
Q3	29,884	11,383	20,512	3,162	155,037	-103,356	116,151	-31,262	84,888
Q4	30,678	11,175	37,665	-955	162,634	-126,255	116,662	-30,511	86,151
2022
Q1	31,913	11,739	24,308	1,520	168,884	-115,792	122,076	-39,268	82,808
Q2	33,225	11,792	27,296	4,796	179,915	-126,232	129,193	-38,301	90,891
Q3	34,514	12,056	29,621	2,625	190,242	-135,772	134,626	-43,372	91,253
Q4	35,655	12,697	28,916	120	187,052	-133,208	135,002	-44,261	90,741
2023
Q1	36,980	12,870	29,266	878	185,253	-133,038	130,454	-43,845	86,609
Q2	38,255	13,065	29,366	3,574	178,048	-130,287	132,734	-33,682	99,052
Q3	38,761	13,285	28,028	4,004	175,460	-129,611	131,929	-29,120	102,809
Q4	39,815	13,964	44,150	832	176,280	-147,430	130,073	-27,355	102,718
2024
Q1	40,249	13,862	26,867	1,148	186,253	-137,532	130,198	-34,299	95,900
Q2	41,091	14,322	11,693	1,736	211,983	-145,278	137,261	-29,043	108,218
Q3	41,273	14,409	30,789	1,780	198,050	-145,797	142,556	-30,678	111,877
Q4	42,069	14,685	28,250	403	212,920	-146,540	152,837	-46,651	106,187
2025
Q1	42,155	14,809	43,802	-4,769	230,452	-163,637	161,735	-66,302	95,433
Q2	42,993	15,024	30,332	1,259	220,932	-147,816	162,112	-50,496	111,615
Q3	43,143	15,257	34,034	6,724	224,476	-164,556	158,637	-43,197	115,440
Q4	44,038	15,330	34,120	1,234	219,029	-162,918	157,165	-41,475	115,690

Percentage change on previous quarter
2019
Q1	0.9	6.8	-50.0		3.9	-17.2	2.9		9.4
Q2	1.1	1.6	219.3		3.4	54.1	2.7		-0.0
Q3	0.5	1.8	-64.6		3.0	-29.9	2.9		6.9
Q4	1.9	-0.2	313.5		3.9	80.2	2.7		1.2
2020
Q1	-6.7	3.2	-10.5		6.1	-2.3	-0.1		-1.2
Q2	-14.8	8.8	-78.0		-7.5	-45.6	-5.5		-7.4
Q3	16.0	0.6	33.8		5.2	3.9	12.3		8.6
Q4	-1.2	4.3	48.1		13.9	36.2	-1.3		3.4
2021
Q1	-0.9	0.6	-44.1		-3.5	-22.7	7.4		-1.1
Q2	7.1	2.7	5.3		5.3	6.3	3.2		5.7
Q3	7.9	2.6	-1.2		3.5	4.2	5.9		11.0
Q4	2.7	-1.8	83.6		4.9	22.2	0.4		1.5
2022
Q1	4.0	5.0	-35.5		3.8	-8.3	4.6		-3.9
Q2	4.1	0.5	12.3		6.5	9.0	5.8		9.8
Q3	3.9	2.2	8.5		5.7	7.6	4.2		0.4
Q4	3.3	5.3	-2.4		-1.7	-1.9	0.3		-0.6
2023
Q1	3.7	1.4	1.2		-1.0	-0.1	-3.4		-4.6
Q2	3.4	1.5	0.3		-3.9	-2.1	1.7		14.4
Q3	1.3	1.7	-4.6		-1.5	-0.5	-0.6		3.8
Q4	2.7	5.1	57.5		0.5	13.7	-1.4		-0.1
2024
Q1	1.1	-0.7	-39.1		5.7	-6.7	0.1		-6.6
Q2	2.1	3.3	-56.5		13.8	5.6	5.4		12.8
Q3	0.4	0.6	163.3		-6.6	0.4	3.9		3.4
Q4	1.9	1.9	-8.2		7.5	0.5	7.2		-5.1
2025
Q1	0.2	0.8	55.1		8.2	11.7	5.8		-10.1
Q2	2.0	1.5	-30.8		-4.1	-9.7	0.2		17.0
Q3	0.4	1.5	12.2		1.6	11.3	-2.1		3.4
Q4	2.1	0.5	0.3		-2.4	-1.0	-0.9		0.2

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Table 3.5 Expenditure on Gross National Product at Constant Market Prices (Chain linked annually and referenced to year 2023) - Seasonally Adjusted

Table 3.5 Expenditure on Gross National Product at Constant Market Prices (Chain linked annually and referenced to year 2023)¹ - Seasonally Adjusted									€million
Period	Personal Consumption of Goods and Services	Net Exp. by Central and Local Government on Current Goods and Services	Gross Domestic Fixed Capital Formation	Value of Physical Changes in Stocks	Exports of Goods and Services	Imports of Goods and Services	GDP at Constant Market Prices	Net Factor Income from Rest of World	GNP at Constant Market Prices
2019
Q1	33,089	10,285	23,672	971	123,923	-91,273	97,900	-22,447	75,920
Q2	33,529	10,365	72,385	-239	127,079	-141,192	99,605	-25,471	74,468
Q3	33,566	10,651	25,289	1,056	130,338	-99,568	101,668	-25,193	76,860
Q4	33,991	10,339	101,482	-120	135,300	-172,629	103,216	-24,632	79,025
2020
Q1	31,341	10,624	93,801	1,926	146,796	-173,356	106,570	-25,325	81,698
Q2	27,454	11,848	21,311	1,514	135,074	-94,381	101,913	-26,260	76,009
Q3	31,373	11,886	28,680	509	145,344	-100,237	113,791	-35,702	78,246
Q4	31,128	12,053	42,204	793	160,713	-137,088	110,959	-27,053	84,351
2021
Q1	30,177	12,461	23,644	1,859	156,746	-101,264	121,879	-36,103	86,008
Q2	32,388	12,426	23,564	224	166,610	-108,790	124,966	-36,609	88,613
Q3	34,464	12,155	22,379	3,338	168,655	-111,821	128,454	-37,190	91,545
Q4	34,926	12,421	41,965	-903	172,068	-136,385	126,326	-30,617	96,233
2022
Q1	35,264	12,358	27,193	1,550	177,837	-123,466	131,538	-40,729	90,993
Q2	36,199	12,620	28,675	4,703	185,519	-131,420	134,558	-39,822	94,998
Q3	37,176	13,004	30,726	2,556	193,159	-138,722	137,325	-48,751	88,519
Q4	37,724	12,713	28,726	85	188,967	-134,417	135,608	-43,550	92,186
2023
Q1	38,391	12,833	30,995	824	185,209	-134,185	133,356	-42,244	91,233
Q2	38,479	13,057	28,916	3,536	178,766	-130,989	133,519	-33,113	100,393
Q3	38,038	13,228	27,543	4,306	176,560	-128,293	131,036	-33,769	97,273
Q4	38,903	14,065	43,356	622	174,507	-146,898	127,278	-24,876	102,290
2024
Q1	39,147	13,488	27,524	1,091	184,505	-135,120	129,539	-31,737	97,802
Q2	39,440	13,960	11,052	1,823	203,125	-141,514	129,214	-27,131	102,082
Q3	39,588	14,053	29,501	1,842	190,165	-140,197	137,284	-34,171	103,113
Q4	40,223	14,444	25,434	501	200,357	-138,602	142,471	-41,696	100,775
2025
Q1	40,312	14,254	43,789	-4,864	219,893	-157,500	153,398	-60,693	92,705
Q2	40,682	14,525	27,813	1,308	210,071	-141,013	152,549	-47,119	105,430
Q3	40,828	14,741	31,535	7,004	215,204	-155,644	152,577	-46,652	105,925
Q4	41,197	14,789	30,096	1,364	207,849	-153,656	146,732	-37,068	109,663

Percentage change on previous quarter
2019
Q1	-0.1	4.6	-47.6		1.4	-16.8	0.9		7.6
Q2	1.3	0.8	205.8		2.5	54.7	1.7		-1.9
Q3	0.1	2.8	-65.1		2.6	-29.5	2.1		3.2
Q4	1.3	-2.9	301.3		3.8	73.4	1.5		2.8
2020
Q1	-7.8	2.8	-7.6		8.5	0.4	3.2		3.4
Q2	-12.4	11.5	-77.3		-8.0	-45.6	-4.4		-7.0
Q3	14.3	0.3	34.6		7.6	6.2	11.7		2.9
Q4	-0.8	1.4	47.2		10.6	36.8	-2.5		7.8
2021
Q1	-3.1	3.4	-44.0		-2.5	-26.1	9.8		2.0
Q2	7.3	-0.3	-0.3		6.3	7.4	2.5		3.0
Q3	6.4	-2.2	-5.0		1.2	2.8	2.8		3.3
Q4	1.3	2.2	87.5		2.0	22.0	-1.7		5.1
2022
Q1	1.0	-0.5	-35.2		3.4	-9.5	4.1		-5.4
Q2	2.6	2.1	5.5		4.3	6.4	2.3		4.4
Q3	2.7	3.0	7.2		4.1	5.6	2.1		-6.8
Q4	1.5	-2.2	-6.5		-2.2	-3.1	-1.3		4.1
2023
Q1	1.8	0.9	7.9		-2.0	-0.2	-1.7		-1.0
Q2	0.2	1.7	-6.7		-3.5	-2.4	0.1		10.0
Q3	-1.1	1.3	-4.7		-1.2	-2.1	-1.9		-3.1
Q4	2.3	6.3	57.4		-1.2	14.5	-2.9		5.2
2024
Q1	0.6	-4.1	-36.5		5.7	-8.0	1.8		-4.4
Q2	0.7	3.5	-59.8		10.1	4.7	-0.3		4.4
Q3	0.4	0.7	166.9		-6.4	-0.9	6.2		1.0
Q4	1.6	2.8	-13.8		5.4	-1.1	3.8		-2.3
2025
Q1	0.2	-1.3	72.2		9.8	13.6	7.7		-8.0
Q2	0.9	1.9	-36.5		-4.5	-10.5	-0.6		13.7
Q3	0.4	1.5	13.4		2.4	10.4	0.0		0.5
Q4	0.9	0.3	-4.6		-3.4	-1.3	-3.8		3.5
¹Chain linked series not additive

Open in Excel: Quarterly National Accounts Q4 2025 Table 3.5 (XLS 20KB)

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

Table 3.6 Components of 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	of which Other Transport Equipment	Intangible Assets	Gross Domestic Fixed Capital Formation
2019	4,344	2,880	16,229	1,505	25,935	17,279	142,663	193,555
2020	4,417	2,705	14,871	1,162	17,782	10,168	117,053	157,989
2021	4,412	5,114	15,426	1,472	20,591	11,284	51,991	99,007
2022	7,531	5,707	15,973	1,891	26,620	14,391	52,379	110,101
2023	9,916	7,962	16,697	1,560	29,116	15,256	65,345	130,596
2024	10,311	7,810	16,316	1,591	25,550	12,509	36,057	97,634
2025	13,089	8,906	17,272	1,762	27,292	13,310	73,694	142,016

2019
Q1	959	699	3,091	333	6,353	3,618	6,348	17,782
Q2	1,015	683	3,407	341	6,114	4,259	49,424	60,983
Q3	1,253	808	4,503	381	6,203	4,241	8,712	21,860
Q4	1,117	691	5,228	450	7,264	5,161	78,178	92,929
	4,344	2,880	16,229	1,505	25,935	17,279	142,663	193,555
2020
Q1	1,163	491	3,621	375	n/a	n/a	n/a	79,024
Q2	683	550	2,351	193	n/a	n/a	n/a	17,149
Q3	1,159	774	4,214	216	4,710	2,469	12,813	23,887
Q4	1,411	889	4,685	378	6,065	4,355	24,501	37,929
	4,417	2,705	14,871	1,162	17,782	10,168	117,053	157,989
2021
Q1	911	871	2,593	331	5,227	2,769	8,060	17,994
Q2	1,096	1,303	3,126	359	5,319	3,186	8,818	20,022
Q3	1,058	1,358	4,479	331	3,935	1,390	9,495	20,657
Q4	1,346	1,582	5,227	450	6,110	3,938	25,618	40,334
	4,412	5,114	15,426	1,472	20,591	11,284	51,991	99,007
2022
Q1	1,500	1,251	3,234	416	5,654	2,882	10,273	22,329
Q2	1,969	1,371	3,610	437	7,085	3,388	12,223	26,695
Q3	2,011	1,482	4,525	590	6,477	3,314	14,671	29,756
Q4	2,051	1,603	4,604	448	7,404	4,808	15,212	31,321
	7,531	5,707	15,973	1,891	26,620	14,391	52,379	110,101
2023
Q1	2,146	1,902	3,730	376	7,043	3,098	12,130	27,327
Q2	2,260	1,868	3,950	370	7,847	4,424	12,665	28,960
Q3	2,758	1,991	4,595	394	6,349	2,734	12,076	28,163
Q4	2,752	2,201	4,421	421	7,878	5,001	28,473	46,145
	9,916	7,962	16,697	1,560	29,116	15,256	65,345	130,596
2024
Q1	2,123	1,849	3,233	335	5,059	1,012	12,467	25,066
Q2	2,365	1,781	3,877	381	8,120	4,842	-4,977	11,546
Q3	3,276	2,046	4,575	374	7,015	3,925	13,703	30,989
Q4	2,547	2,134	4,632	500	5,356	2,730	14,864	30,033
	10,311	7,810	16,316	1,591	25,550	12,509	36,057	97,634
2025
Q1	2,277	2,137	3,890	403	6,773	2,935	26,525	42,006
Q2	3,408	2,140	4,142	427	6,143	2,851	13,889	30,148
Q3	3,587	2,194	4,801	426	6,649	3,574	16,670	34,327
Q4	3,817	2,435	4,439	506	7,727	3,950	16,610	35,534
	13,089	8,906	17,272	1,762	27,292	13,310	73,694	142,016

Percentage change on corresponding period of previous year
2019	11.4	-10.6	15.2	8.4	-2.1	0.7	221.2	107.0
2020	1.7	-6.1	-8.4	-22.8	-31.4	-41.2	-18.0	-18.4
2021	-0.1	89.1	3.7	26.7	15.8	11.0	-55.6	-37.3
2022	70.7	11.6	3.5	28.4	29.3	27.5	0.7	11.2
2023	31.7	39.5	4.5	-17.5	9.4	6.0	24.8	18.6
2024	4.0	-1.9	-2.3	2.0	-12.2	-18.0	-44.8	-25.2
2025	26.9	14.0	5.9	10.8	6.8	6.4	104.4	45.5

2019
Q1	18.3	-20.8	16.5	12.5	12.2	28.3	18.6	13.6
Q2	3.2	-18.9	10.1	-1.0	3.4	23.0	685.7	249.1
Q3	14.7	3.7	15.0	10.6	-4.2	-1.3	26.3	12.1
Q4	10.0	-4.1	18.3	11.6	-13.9	-21.5	202.2	127.4
2020
Q1	21.3	-29.8	17.1	12.7	n/a	n/a	n/a	344.4
Q2	-32.7	-19.4	-31.0	-43.3	n/a	n/a	n/a	-71.9
Q3	-7.5	-4.1	-6.4	-43.3	-24.1	-41.8	47.1	9.3
Q4	26.3	28.6	-10.4	-16.1	-16.5	-15.6	-68.7	-59.2
2021
Q1	-21.7	77.5	-28.4	-11.6	n/a	n/a	n/a	-77.2
Q2	60.4	136.8	33.0	86.1	n/a	n/a	n/a	16.8
Q3	-8.7	75.4	6.3	53.5	-16.5	-43.7	-25.9	-13.5
Q4	-4.6	77.9	11.6	19.0	0.7	-9.6	4.6	6.3
2022
Q1	64.7	43.7	24.7	25.4	8.2	4.1	27.5	24.1
Q2	79.7	5.2	15.5	21.5	33.2	6.3	38.6	33.3
Q3	90.0	9.1	1.0	78.1	64.6	138.4	54.5	44.0
Q4	52.3	1.3	-11.9	-0.5	21.2	22.1	-40.6	-22.3
2023
Q1	43.1	52.0	15.3	-9.6	24.6	7.5	18.1	22.4
Q2	14.8	36.3	9.4	-15.4	10.7	30.6	3.6	8.5
Q3	37.1	34.4	1.6	-33.3	-2.0	-17.5	-17.7	-5.4
Q4	34.2	37.3	-4.0	-6.0	6.4	4.0	87.2	47.3
2024
Q1	-1.1	-2.8	-13.3	-10.8	-28.2	-67.3	2.8	-8.3
Q2	4.6	-4.7	-1.9	3.0	3.5	9.5	..	-60.1
Q3	18.8	2.8	-0.5	-5.0	10.5	43.6	13.5	10.0
Q4	-7.5	-3.0	4.8	19.0	-32.0	-45.4	-47.8	-34.9
2025
Q1	7.3	15.6	20.3	20.3	33.9	190.1	112.8	67.6
Q2	44.1	20.1	6.8	12.1	-24.3	-41.1	..	161.1
Q3	9.5	7.2	5.0	14.0	-5.2	-9.0	21.7	10.8
Q4	49.9	14.1	-4.1	1.1	44.3	44.7	11.7	18.3
n/a Data suppressed for confidentiality reasons
.. Percentage change calculations based on variables in money terms that have values of opposite sign in consecutive reference periods are not meaningful

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Table 3.7 Components of Gross Domestic Fixed Capital Formation at Constant Prices (Chain linked annually and referenced to year 2023) - Non-Seasonally Adjusted

Table 3.7 Components of Gross Domestic Fixed Capital Formation at Constant Prices (Chain linked annually and referenced to year 2023)¹ - Non-Seasonally Adjusted								€million
Period	Dwellings	Improvements	Other Building and Construction	Transfer Costs	Machinery and Equipment	of which Other Transport Equipment	Intangible Assets	Gross Domestic Fixed Capital Formation
2019	7,522	3,895	21,946	1,931	29,016	20,275	151,943	223,286
2020	7,238	3,552	19,529	1,475	20,031	11,782	129,273	186,513
2021	6,777	6,053	18,265	1,716	22,976	12,729	55,828	112,093
2022	9,338	5,997	16,782	1,962	27,820	15,296	53,493	115,202
2023	9,916	7,962	16,697	1,560	29,116	15,256	65,345	130,596
2024	9,499	7,584	15,843	1,490	24,971	12,153	34,034	93,421
2025	11,345	8,373	16,285	1,541	26,686	12,766	68,947	133,178

2019
Q1	1,680	985	4,342	432	7,120	4,264	6,977	21,117
Q2	1,768	943	4,706	440	6,805	5,009	53,346	71,112
Q3	2,151	1,098	6,146	485	6,899	4,978	9,350	25,408
Q4	1,923	869	6,753	575	8,193	6,024	82,271	105,649
	7,522	3,895	21,946	1,931	29,016	20,275	151,943	223,286
2020
Q1	1,925	619	4,684	478	n/a	n/a	n/a	90,951
Q2	1,124	805	3,316	247	n/a	n/a	n/a	20,216
Q3	1,895	997	5,491	275	5,315	2,865	15,140	28,923
Q4	2,293	1,131	6,039	476	6,813	5,031	28,922	46,423
	7,238	3,552	19,529	1,475	20,031	11,782	129,273	186,513
2021
Q1	1,427	1,070	3,236	408	5,876	3,161	8,479	20,500
Q2	1,710	1,639	3,888	433	5,947	3,616	9,132	22,596
Q3	1,626	1,586	5,259	380	4,401	1,565	9,839	22,807
Q4	2,015	1,759	5,882	495	6,751	4,387	28,378	46,190
	6,777	6,053	18,265	1,716	22,976	12,729	55,828	112,093
2022
Q1	1,935	1,348	3,509	445	6,146	3,173	10,301	23,601
Q2	2,491	1,438	3,812	460	7,472	3,670	12,628	28,200
Q3	2,476	1,580	4,765	604	6,694	3,501	15,123	31,217
Q4	2,436	1,631	4,697	453	7,507	4,951	15,441	32,184
	9,338	5,997	16,782	1,962	27,820	15,296	53,493	115,202
2023
Q1	2,218	1,936	3,777	380	7,108	3,140	12,113	27,471
Q2	2,292	1,866	3,949	376	7,858	4,432	12,496	28,774
Q3	2,736	1,975	4,577	394	6,350	2,722	12,060	27,944
Q4	2,671	2,185	4,394	410	7,800	4,962	28,675	46,407
	9,916	7,962	16,697	1,560	29,116	15,256	65,345	130,596
2024
Q1	2,005	1,813	3,180	325	4,963	989	11,767	24,051
Q2	2,212	1,717	3,760	364	7,946	4,721	-4,878	11,120
Q3	2,990	2,027	4,489	348	6,856	3,805	13,496	30,207
Q4	2,292	2,026	4,415	454	5,206	2,639	13,649	28,043
	9,499	7,584	15,843	1,490	24,971	12,153	34,034	93,421
2025
Q1	2,027	2,026	3,698	363	6,574	2,829	25,573	40,261
Q2	3,000	2,025	3,929	379	5,996	2,737	12,644	27,974
Q3	3,085	2,056	4,513	369	6,501	3,426	15,848	32,371
Q4	3,233	2,267	4,145	430	7,615	3,774	14,881	32,571
	11,345	8,373	16,285	1,541	26,686	12,766	68,947	133,178

Percentage change on corresponding period of previous year
2019	13.4	-16.2	8.0	4.5	-2.1	-0.3	208.4	99.7
2020	-3.8	-8.8	-11.0	-23.6	-31.0	-41.9	-14.9	-16.5
2021	-6.4	70.4	-6.5	16.3	14.7	8.0	-56.8	-39.9
2022	37.8	-0.9	-8.1	14.3	21.1	20.2	-4.2	2.8
2023	6.2	32.8	-0.5	-20.5	4.7	-0.3	22.2	13.4
2024	-4.2	-4.8	-5.1	-4.5	-14.2	-20.3	-47.9	-28.5
2025	19.4	10.4	2.8	3.4	6.9	5.0	102.6	42.6

2019
Q1	18.0	-24.6	8.8	6.3	12.3	27.1	20.1	12.5
Q2	4.9	-22.7	4.7	-4.8	2.9	22.0	672.2	241.7
Q3	17.3	-2.1	9.2	7.1	-4.3	-2.3	21.9	9.5
Q4	13.7	-13.3	8.9	9.1	-13.6	-22.6	184.9	115.4
2020
Q1	14.6	-37.1	7.9	10.7	n/a	n/a	n/a	330.7
Q2	-36.4	-14.7	-29.5	-43.9	n/a	n/a	n/a	-71.6
Q3	-11.9	-9.2	-10.7	-43.3	-23.0	-42.4	61.9	13.8
Q4	19.2	30.1	-10.6	-17.2	-16.8	-16.5	-64.8	-56.1
2021
Q1	-25.9	72.7	-30.9	-14.7	n/a	n/a	n/a	-77.5
Q2	52.1	103.6	17.2	75.5	n/a	n/a	n/a	11.8
Q3	-14.2	59.2	-4.2	38.5	-17.2	-45.4	-35.0	-21.1
Q4	-12.1	55.5	-2.6	4.1	-0.9	-12.8	-1.9	-0.5
2022
Q1	35.6	26.1	8.4	9.2	4.6	0.4	21.5	15.1
Q2	45.7	-12.2	-1.9	6.3	25.6	1.5	38.3	24.8
Q3	52.3	-0.4	-9.4	58.7	52.1	123.7	53.7	36.9
Q4	20.9	-7.3	-20.2	-8.6	11.2	12.8	-45.6	-30.3
2023
Q1	14.6	43.6	7.6	-14.6	15.6	-1.0	17.6	16.4
Q2	-8.0	29.8	3.6	-18.3	5.2	20.7	-1.0	2.0
Q3	10.5	25.0	-3.9	-34.7	-5.1	-22.3	-20.3	-10.5
Q4	9.7	34.0	-6.5	-9.5	3.9	0.2	85.7	44.2
2024
Q1	-9.6	-6.4	-15.8	-14.6	-30.2	-68.5	-2.9	-12.4
Q2	-3.5	-8.0	-4.8	-3.2	1.1	6.5	..	-61.4
Q3	9.3	2.6	-1.9	-11.8	8.0	39.8	11.9	8.1
Q4	-14.2	-7.3	0.5	10.9	-33.3	-46.8	-52.4	-39.6
2025
Q1	1.1	11.7	16.3	11.7	32.5	186.2	117.3	67.4
Q2	35.7	17.9	4.5	4.3	-24.5	-42.0	..	151.6
Q3	3.2	1.4	0.5	6.2	-5.2	-10.0	17.4	7.2
Q4	41.0	11.9	-6.1	-5.4	46.3	43.0	9.0	16.1
¹Chain linked series not additive
n/a Data suppressed for confidentiality reasons
.. Percentage change calculations based on variables in money terms that have values of opposite sign in consecutive reference periods are not meaningful

Open in Excel: Quarterly National Accounts Q4 2025 Table 3.7 (XLS 20KB)

Visit Table NAQ04 on PxStat

Visit Table NAQ10 on PxStat

Table 3.8 Components of Gross Domestic Fixed Capital Formation at Current Market Prices & Constant Prices (Chain linked annually and referenced to year 2023) - Seasonally Adjusted

Table 3.8 Components of Gross Domestic Fixed Capital Formation at Current Market Prices & Constant Prices (Chain linked annually and referenced to year 2023)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	Intangible Assets	Gross Domestic Fixed Capital Formation	All Building and Construction (including Dwellings, Improvements, other B&C and Transfer Costs)²	Machinery and Equipment	Intangible Assets	Gross Domestic Fixed Capital Formation
2019
Q1	5,889	6,510	6,940	19,339	8,735	7,371	8,265	23,672
Q2	6,004	6,098	49,645	61,747	8,671	6,790	54,133	72,385
Q3	6,426	6,803	8,619	21,848	9,256	7,537	9,219	25,289
Q4	6,511	6,468	77,358	90,337	9,026	7,324	80,370	101,482
2020
Q1	6,553	n/a	n/a	80,827	8,977	n/a	n/a	93,801
Q2	4,171	n/a	n/a	17,819	6,075	n/a	n/a	21,311
Q3	5,839	5,342	12,656	23,837	8,060	5,961	14,875	28,680
Q4	6,535	5,283	23,478	35,295	8,686	5,961	26,916	42,204
2021
Q1	5,399	5,347	8,981	19,727	7,235	6,126	10,363	23,644
Q2	6,365	5,337	9,066	20,769	8,322	5,975	9,563	23,564
Q3	6,631	4,575	9,307	20,512	8,211	5,007	9,490	22,379
Q4	7,745	5,400	24,519	37,665	9,013	5,935	26,320	41,965
2022
Q1	7,263	5,708	11,337	24,308	8,437	6,416	12,435	27,193
Q2	7,884	7,004	12,408	27,296	8,621	7,391	12,747	28,675
Q3	7,960	7,169	14,493	29,621	8,592	7,293	14,815	30,726
Q4	7,987	6,865	14,063	28,916	8,464	6,817	13,483	28,726
2023
Q1	9,173	6,955	13,137	29,266	9,338	7,386	14,330	30,995
Q2	8,865	7,742	12,759	29,366	8,886	7,729	12,386	28,916
Q3	9,081	7,016	11,931	28,028	9,065	6,840	11,750	27,543
Q4	9,131	7,506	27,513	44,150	8,961	7,264	26,874	43,356
2024
Q1	8,509	4,894	13,465	26,867	8,301	5,274	13,949	27,524
Q2	8,647	7,988	-4,942	11,693	8,386	7,741	-5,074	11,052
Q3	9,603	7,599	13,587	30,789	9,150	7,192	13,159	29,501
Q4	9,226	5,123	13,901	28,250	8,598	4,762	12,074	25,434
2025
Q1	9,695	6,572	27,535	43,802	9,149	6,974	27,665	43,789
Q2	10,428	6,010	13,894	30,332	9,639	5,740	12,434	27,813
Q3	10,293	7,157	16,584	34,034	9,343	6,710	15,482	31,535
Q4	10,611	7,582	15,927	34,120	9,437	7,244	13,414	30,096

Percentage change on previous quarter
2019
Q1	3.2	-15.7	-72.5	-50.0	4.3	-15.1	-69.4	-47.6
Q2	1.9	-6.3	615.4	219.3	-0.7	-7.9	555.0	205.8
Q3	7.0	11.5	-82.6	-64.6	6.7	11.0	-83.0	-65.1
Q4	1.3	-4.9	797.5	313.5	-2.5	-2.8	771.8	301.3
2020
Q1	0.6	n/a	n/a	-10.5	-0.5	n/a	n/a	-7.6
Q2	-36.3	n/a	n/a	-78.0	-32.3	n/a	n/a	-77.3
Q3	40.0	n/a	n/a	33.8	32.7	n/a	n/a	34.6
Q4	11.9	-1.1	85.5	48.1	7.8	0.0	80.9	47.2
2021
Q1	-17.4	1.2	-61.7	-44.1	-16.7	2.8	-61.5	-44.0
Q2	17.9	-0.2	0.9	5.3	15.0	-2.5	-7.7	-0.3
Q3	4.2	-14.3	2.7	-1.2	-1.3	-16.2	-0.8	-5.0
Q4	16.8	18.1	163.5	83.6	9.8	18.5	177.3	87.5
2022
Q1	-6.2	5.7	-53.8	-35.5	-6.4	8.1	-52.8	-35.2
Q2	8.6	22.7	9.5	12.3	2.2	15.2	2.5	5.5
Q3	1.0	2.3	16.8	8.5	-0.3	-1.3	16.2	7.2
Q4	0.3	-4.2	-3.0	-2.4	-1.5	-6.5	-9.0	-6.5
2023
Q1	14.9	1.3	-6.6	1.2	10.3	8.3	6.3	7.9
Q2	-3.4	11.3	-2.9	0.3	-4.8	4.6	-13.6	-6.7
Q3	2.4	-9.4	-6.5	-4.6	2.0	-11.5	-5.1	-4.7
Q4	0.6	7.0	130.6	57.5	-1.1	6.2	128.7	57.4
2024
Q1	-6.8	-34.8	-51.1	-39.1	-7.4	-27.4	-48.1	-36.5
Q2	1.6	63.2	..	-56.5	1.0	46.8	..	-59.8
Q3	11.1	-4.9	..	163.3	9.1	-7.1	..	166.9
Q4	-3.9	-32.6	2.3	-8.2	-6.0	-33.8	-8.2	-13.8
2025
Q1	5.1	28.3	98.1	55.1	6.4	46.5	129.1	72.2
Q2	7.6	-8.5	-49.5	-30.8	5.4	-17.7	-55.1	-36.5
Q3	-1.3	19.1	19.4	12.2	-3.1	16.9	24.5	13.4
Q4	3.1	5.9	-4.0	0.3	1.0	8.0	-13.4	-4.6
¹Chain linked series not additive
²The results are aggregated to this level as some of the components, individually, do not have identifiable seasonality present
n/a Data suppressed for confidentiality reasons
.. Percentage change calculations based on variables in money terms that have values of opposite sign in consecutive reference periods are not meaningful