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Consumption of Fixed Capital (CFC)

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Consumption of Fixed Capital (CFC) represents the depreciation of the stock of produced fixed assets as a result of normal technical and economic ageing and insurable accidental damage. The Consumption of Fixed Capital is the depreciation of the net stock of produced fixed assets during the year not caused by revaluations because of price changes, new fixed capital formation or discarding of fixed assets. For more information see the Background Notes.

When examined by A21 sector, CFC by Manufacturing (C) activities was the largest in both 1995 and 2017. In 2017 it dominated with over half of all CFC. Information and Communication activities (J) increased from the fourth largest CFC by sector in 1995 to the second biggest in 2017. Agriculture, Forestry and Fishing (A) declined from the third biggest sector by CFC in 1995 to the twelfth largest in 2017.

Figure 7.1 Proportional composition of Consumption of Fixed Capital (CFC) by A21 sector, 1995-2017

Table 7.1 CFC by NACE A21 sector, 1995-2017

Table 7.2 CFC by NACE A21 sector by rank, 1995-2017

Table 7.3 EU Member State CFC by NACE A10 sector, sorted by Industry (NACE 5-39), 2017

IrelandFranceGermanyNetherlandsUnited KingdomLuxembourg
19955.555131261444589.139508257334199.650661183983188.824646131215737.466096926284426.80673588808721
19965.607788782452929.176631329121589.731177679406458.641620355075497.257089473435646.72782098884827
19975.386871840361839.054657223211359.694414608902868.349094703455437.216081085618716.46529715608858
19985.273708476242068.917093303913059.609291268661248.242862556380337.047643646660186.11495143158777
19995.492435336351398.842896597754619.517084105005088.251997948491567.224318704814945.45431927083218
20005.57291975405118.665605582534049.453935030976068.175347183212697.182891002516675.00479170599254
20015.550245251672158.728032615299049.480090110329258.328425730117527.260020493803945.36140043763676
20025.734686034215818.920951339028739.740306851221558.659495242035587.340874677693395.72155824948562
20035.976575938255539.095827553952719.687110710932968.880752610518487.216699313670075.69520739123398
20046.206349976855369.124832777072299.551643506824448.869380567640367.209017425786555.21565574682033
20056.562967432813219.188806710521329.424864129750188.728478321912587.206047915080754.84869154049615
20066.861587999539119.269898601680789.153465496151398.601163488232587.124848729052224.18776666581843
20076.468962170909149.295749509461039.093289230275838.503948164811837.00044904910363.83794835120145
20086.110118138170199.583979414338849.151463555765438.5231081286496.864723998969834.00685152519038
20096.4798437377281310.220669173543310.0777841814249.213501026605257.124844798580094.72795884255193
20106.663040469035369.998537325587379.625484938306669.184449402334457.048009714939064.20574139894107
20116.990962128700619.962323335517689.302493450642738.733655305556087.065837406651594.09315250667957
20126.7225596233148310.05919752331119.568515126723868.692050780731087.087077177393054.11707048097479
20136.8067692281029910.13883396898699.724847031041048.813787162854167.083063819274383.76348822609233
20146.8654410408098910.18838321886149.682731927859238.776954565756947.149914513890733.39341343355434
201510.819871044689710.17313258650729.743804948411288.644843060045297.160970032002633.31028186986134
201611.385392179053710.27636208457949.759808733736088.668432033617457.219546196507113.44290881990906
201711.859320566248610.2591369647369.707036294642148.514582156449747.168200425042083.51528615254417

Ireland's CFC as a percentage of Output (and GVA) showed a marked increase following the 2015 national accounts 'level shift' from 7% in 2014 to 11% in 2015. Ireland reported the highest percentage (12%) among EU Member States for 2017, while the lowest percentage (4%) was reported by Luxembourg.

X-axis labelCFC
Cyprus6.55463555899988
Greece6.74150057024928
Luxembourg7.88730779702793
Latvia9.86392718752816
Portugal10.1295329055365
United Kingdom10.1784265188246
Estonia11.3443072702332
Malta11.4557655436867
Croatia11.70764814841
Netherlands12.0877042980696
Lithuania13.4245899149453
France14.0613584792464
Denmark16.4527141229545
Belgium16.8418203471796
Bulgaria18.8352175402535
Sweden18.9307256513332
Austria19.0055024049499
Finland19.0119906414506
Germany20.2040011585423
Italy20.3745815006893
Romania20.5715400867153
Slovakia21.6329433605169
Poland22.7382929259382
Czechia23.1513793342171
Slovenia23.5415731399003
Hungary23.9914609447698
Ireland52.9140852782341

Ireland's manufacturing CFC as a percentage of total CFC was the highest of reporting EU Member States for 2017 at 53%. This was much higher than the second highest figure of 24% reported by Hungary. The EU Member State with the lowest reported percentage for 2017 was Cyprus at 7%.

Go to Background Notes