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For more information on this release:
E-mail: nat_acc@cso.ie Oisín Mangan 01 4984089 Christopher Sibley 01 4984305
For general information on CSO statistics:
information@cso.ie (+353) 21 453 5000 On-line ISSN 2009-5732
CSO statistical release, , 11am

Estimates of the Capital Stock of Fixed Assets

2020

Net capital stock of fixed assets€ billion
End of year201520162017201820192020
Current Prices7568068559011,0541,109
Constant 2019 Prices8168578909291,0541,099

Net capital stock of fixed assets increases in value to €1.1 trillion in 2020

Figure 1 Net Stocks of Capital Fixed Assets
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The value of the stock of produced assets, which largely comprises buildings, transport equipment, other machinery and equipment, and research and development, has increased in value in 2020. Allowing for depreciation, the net stock in current prices of these assets increased by 5.2% between 2019 and 2020 to €1,109bn.

The graph in Figure 1 displays the continuing increase in the net stock of fixed capital assets with current price level exceeding constant price level in 2020.

X-axis labelOther AssetsOther Machinery and EquipmentOther buildings and structuresDwellings
201535935136226
201638734149236
201740835164248
201842835184254
201953635205279
202055935218297

Due to confidentiality constraints and the risk of disclosing individual data the asset categories intangible fixed assets, research and development, and transport equipment have been suppressed from 2015 on. Together transport equipment and intangible fixed assets amounted to €556bn at the end of 2020, an increase of €22.8bn on the 2019 level. These categories now make up 50.2% of the net stock of assets, compared with 23.7% in 2014 – see Table 3.

All sectors except for Mining and Quarrying, Manufacturing, Transportation and Storage, and Professional, Scientific and Technical Activities recorded an increase in the current value of their fixed assets. Some sectors showing notable increases include: Information and Communication +€43.4bn; Real Estate Activities +€22.5bn; Public Administration and Defence; Compulsory Social Security +€2.7bn – see Table 1.

X-axis labelOther AssetsOther Machinery and EquipmentOther buildings and structuresDwellings
201542564
201648574
201756575
201861585
201968595
202083595

Consumption of fixed capital (often termed depreciation) increased in value from €87bn in 2019 to €103bn in 2020. As in the preceding tables the asset breakdown of consumption of fixed capital has required suppression. In 2014 transport equipment and intangible fixed assets had a combined consumption of fixed capital of €15.5bn. In 2020 the value for those same categories was €83bn - see Table 11.

Table 1 Net Capital Stock held at end of year by type of industry at current market prices€ million
Nace Rev 2 Section20102011201220132014201520162017201820192020
Agriculture, Forestry and FishingA8,6158,8329,2108,9829,37710,2019,97210,43210,91411,47111,793
Mining and QuarryingB2,0271,9301,9641,8141,7751,7361,6531,6511,5991,6001,512
ManufacturingC34,36233,03534,57136,22938,917******
Electricity, Gas, Steam and Air Conditioning SupplyD11,56711,51311,86612,39713,06013,76114,23415,05716,25517,08817,339
Water supply; sewerage, waste management and remediation activitiesE6,7116,8467,1437,6748,3489,0549,82910,61111,59512,52813,007
ConstructionF2,9632,5062,2782,1122,1202,2992,4792,8743,2433,7164,054
Wholesale and Retail Trade; Repair of Motor Vehicles and MotorcyclesG8,2248,1708,3308,7519,19610,52511,04912,42612,59013,56715,189
Transportation and StorageH17,20615,69616,56617,06117,29118,35021,06022,94923,64123,91422,906
Accommodation and Food Service ActivitiesI3,9633,8373,7173,7183,8784,0214,0504,3855,3746,5907,723
Information and CommunicationJ13,54114,56318,03019,25821,55126,68333,54063,86069,483102,960146,384
Financial and Insurance ActivitiesK6,1976,1536,4507,0949,10310,34312,08214,33116,31118,97121,182
Real Estate ActivitiesL202,684203,149207,863213,455225,365235,169247,561264,371274,134304,065326,594
of which:            
  Dwellings 198,019198,932202,891207,896218,698226,011235,615248,337254,452278,977297,335
Professional, Scientific and Technical ActivitiesM3,8064,6745,2376,1956,8548,41510,63912,23812,99319,24616,703
Administrative and Support Service ActivitiesN36,13640,24045,68349,74168,028******
Public Administration and Defence; Compulsory Social SecurityO35,36935,58436,97038,06140,05942,79846,06649,38853,72058,33161,047
of which:            
  Roads 25,11625,31726,24826,78928,05729,58431,44433,15935,53237,85438,872
EducationP8,9608,8909,2379,4299,76410,28511,00211,63912,39613,14713,501
Human Health and Social Work ActivitiesQ5,3275,6045,8636,4177,0467,8728,7119,42710,50111,25711,926
Arts, Entertainment and RecreationR2,1052,1372,1482,1812,3542,4992,6832,7742,8383,0553,129
Other Service ActivitiesS551504465440446459442442391414428
 
Total 410,315413,862433,592451,009494,532756,193805,987855,258901,2341,054,4061,108,728
* Suppressed for confidentiality reasons
Table 2 Net Capital Stock held at end of year by type of industry at constant market prices (base 2019)€ million
Nace Rev 2 Section20102011201220132014201520162017201820192020
Agriculture, Forestry and FishingA10,79710,70110,69810,69710,72210,84810,94011,05011,20011,47111,658
Mining and QuarryingB2,6362,5032,5392,3082,1492,0071,8771,8021,6491,6001,519
ManufacturingC41,92241,07441,69943,45745,449******
Electricity, Gas, Steam and Air Conditioning SupplyD16,16616,15416,34416,69216,76616,78716,84416,88817,11217,08817,085
Water supply; sewerage, waste management and remediation activitiesE10,06010,28410,43710,90811,33711,65711,93112,15612,36112,52812,678
ConstructionF3,2642,8232,5862,4122,3602,5422,7843,1463,3773,7164,020
Wholesale and Retail Trade; Repair of Motor Vehicles and MotorcyclesG10,16610,20610,32110,67610,83011,84112,11413,12213,16713,56715,013
Transportation and StorageH21,21519,91220,52820,73920,55621,09623,31024,55024,49423,91422,483
Accommodation and Food Service ActivitiesI4,6254,5144,3454,2444,2184,1594,1214,3225,6296,5907,614
Information and CommunicationJ16,92418,58921,65722,85425,57930,76736,68067,16570,413102,960137,224
Financial and Insurance ActivitiesK8,1038,1828,4469,22011,54812,70314,19816,02017,29918,97120,623
Real Estate ActivitiesL281,511280,796280,485280,037280,499282,815285,961291,596297,198304,065309,294
of which:            
  Dwellings 274,565274,550273,318272,211271,504271,075271,507273,260276,219278,977280,778
Professional, Scientific and Technical ActivitiesM4,3865,7586,1927,3318,1759,77711,86513,16413,50819,24616,210
Administrative and Support Service ActivitiesN38,77244,09249,41953,09072,409******
Public Administration and Defence; Compulsory Social SecurityO52,86253,32453,84653,94054,30355,02255,80956,51857,26258,33159,478
of which:            
  Roads 37,90638,24738,54438,23338,24438,22338,23438,03537,90637,85437,869
EducationP12,59612,71412,69012,68112,79012,88513,00013,07313,11513,14713,189
Human Health and Social Work ActivitiesQ7,7088,1068,1968,7229,1169,59610,15610,59511,16211,25711,500
Arts, Entertainment and RecreationR2,5782,6082,5692,5802,6812,7362,8972,9102,9733,0553,056
Other Service ActivitiesS479459429411408407392379398414431
 
Total 546,767552,797563,427572,998601,894816,488857,136890,041929,0401,054,4061,098,511
* Suppressed for confidentiality reasons
Table 3 Net Capital Stock held at end of year by asset type at current market prices€ million
Asset Category20102011201220132014201520162017201820192020
Dwellings, excluding land198,019198,932202,891207,896218,698226,011235,615248,337254,452278,977297,335
Other buildings and structures102,795104,051109,157115,355124,401135,637149,210164,241183,679204,655217,976
of which:           
  Roads25,11625,31726,24826,78928,05729,58431,44433,15935,53237,85438,872
Transport equipment52,12553,16558,39662,21780,090******
Other machinery and equipment26,98527,11427,01428,42232,00335,07634,27734,81735,22034,99934,701
of which:           
  Office machinery and hardware3,7544,6505,3435,7576,0206,3006,7406,7517,5816,8676,854
Cultivated assets1,8892,3122,6322,2712,2982,7942,4662,5822,4532,4302,565
Intangible fixed assets28,50328,28833,50234,84837,041******
of which:           
  Computer software1,9132,0302,3022,4762,7253,7434,0564,2744,7715,2776,367
  Research and development25,65525,31930,19331,44733,394******
 
Total410,315413,862433,592451,009494,532756,193805,987855,258901,2341,054,4061,108,728
* Suppressed for confidentiality reasons
Table 4 Net Capital Stock held at end of year by asset type at constant market prices (base 2019)€ million
Asset Category20102011201220132014201520162017201820192020
Dwellings, excluding land274,565274,550273,318272,211271,504271,075271,507273,260276,219278,977280,778
Other buildings and structures155,144157,193160,294164,634169,573175,248181,430188,391195,954204,655212,354
of which:           
  Roads37,90638,24738,54438,23338,24438,22338,23438,03537,90637,85437,869
Transport equipment55,80557,92262,82366,14085,105******
Other machinery and equipment25,05425,56925,51327,08529,19731,16432,36032,68234,61334,99935,896
of which:           
  Office machinery and hardware3,7284,5944,9555,3045,5295,7436,1566,0797,0726,8677,219
Cultivated assets2,1442,1802,2472,2252,2262,3332,3732,4302,4072,4302,433
Intangible fixed assets34,05435,38339,23340,70444,289******
of which:           
  Computer software2,4972,6172,8503,0403,3084,2534,6094,8165,0635,2776,162
  Research and development30,36531,59935,12336,55139,939******
 
Total546,767552,797563,427572,998601,894816,488857,136890,041929,0401,054,4061,098,511
* Suppressed for confidentiality reasons
Table 5 Gross Capital Stock held at end of year by type of industry at current market prices€ million
Nace Rev 2 Section20102011201220132014201520162017201820192020
Agriculture, Forestry and FishingA16,01216,17216,68316,59517,41618,61618,47319,32320,38421,43921,937
Mining and QuarryingB4,5534,5554,6974,6084,6564,6574,4854,4314,3554,2744,030
ManufacturingC72,46271,91175,94278,85783,024******
Electricity, Gas, Steam and Air Conditioning SupplyD19,70820,17321,29822,61924,38526,28127,70129,81532,53534,75635,764
Water supply; sewerage, waste management and remediation activitiesE9,77010,09110,67811,51712,60013,78315,09716,47218,19319,87920,875
ConstructionF6,6866,1345,8645,5865,5475,6145,5285,8606,2756,7937,128
Wholesale and Retail Trade; Repair of Motor Vehicles and MotorcyclesG15,87715,94816,44417,05617,74519,44320,35322,35922,70924,51126,983
Transportation and StorageH30,49429,65831,51432,90133,95235,97039,71342,97544,93646,70746,735
Accommodation and Food Service ActivitiesI8,1458,1178,1808,3468,7969,2299,40510,02010,94412,60714,028
Information and CommunicationJ27,76129,37234,97638,03942,15650,19161,58498,260112,295156,338221,660
Financial and Insurance ActivitiesK11,60411,81212,48613,42715,98318,03320,65723,99427,14431,24134,638
Real Estate ActivitiesL251,141253,970262,185271,674289,257303,774321,657344,636358,704398,901429,955
of which:            
  Dwellings 244,542247,654254,848263,456279,546291,105305,574323,694333,098366,617392,254
Professional, Scientific and Technical ActivitiesM7,7898,94310,14411,69712,98115,56119,36922,82825,32134,06534,059
Administrative and Support Service ActivitiesN51,49457,69266,17573,57795,731******
Public Administration and Defence; Compulsory Social SecurityO49,81250,63453,14955,29158,67163,08568,32273,76080,79088,21492,862
of which:            
  Roads 35,77236,53538,39139,90942,44745,46049,05552,61257,28861,95864,531
EducationP17,14117,23218,24918,83719,52920,61122,07823,39624,97326,56727,370
Human Health and Social Work ActivitiesQ9,66210,09110,68311,48712,52413,87115,22716,52518,43520,18521,751
Arts, Entertainment and RecreationR3,8523,9954,1224,2634,6244,9375,2475,5255,7146,2556,647
Other Service ActivitiesS1,1931,1451,1111,0821,1001,1181,0681,064884901902
 
Total 615,154627,645664,580697,458760,6761,070,0481,172,5361,284,4211,391,5321,616,9721,748,843
* Suppressed for confidentiality reasons
Table 6 Gross Capital Stock held at end of year by type of industry at constant market prices (base 2019)€ million
Nace Rev 2 Section20102011201220132014201520162017201820192020
Agriculture, Forestry and FishingA19,99919,98720,05820,12920,23120,42520,59620,78321,03521,43921,777
Mining and QuarryingB6,0456,0386,1625,9495,7195,4555,1464,8704,5154,2744,031
ManufacturingC88,16889,14191,11994,03096,924******
Electricity, Gas, Steam and Air Conditioning SupplyD27,52828,32029,30830,45231,29832,04132,76933,43434,24034,75635,244
Water supply; sewerage, waste management and remediation activitiesE14,60915,12215,56816,33917,07617,71318,31118,85719,38719,87920,354
ConstructionF7,1946,7656,4636,1645,9485,9556,0466,3016,4716,7937,122
Wholesale and Retail Trade; Repair of Motor Vehicles and MotorcyclesG18,61918,97819,36519,86820,09721,24921,78323,13223,56324,51126,740
Transportation and StorageH36,73836,45937,93238,92139,37640,49143,42645,57846,45246,70745,930
Accommodation and Food Service ActivitiesI9,4549,5099,4829,4939,5799,6009,6019,86311,46112,60713,842
Information and CommunicationJ34,11137,09941,80844,90549,80357,67467,168103,131113,935156,338205,580
Financial and Insurance ActivitiesK14,78815,24015,80816,87219,71821,57823,85326,54328,73431,24133,648
Real Estate ActivitiesL348,623351,002353,939356,765360,505365,600371,765380,205388,897398,901407,168
of which:            
  Dwellings 338,894341,719343,436345,288347,493349,449352,373356,318361,621366,617370,418
Professional, Scientific and Technical ActivitiesM8,61710,51811,56613,43115,05717,69221,26024,26926,28834,06533,124
Administrative and Support Service ActivitiesN55,16063,08771,43478,395101,777******
Public Administration and Defence; Compulsory Social SecurityO73,87175,34476,83877,87079,15580,81082,57484,29186,07588,21490,477
of which:            
  Roads 53,98955,19556,37656,95757,86058,73659,64860,34861,11661,95862,866
EducationP23,80624,37424,72525,01725,36925,65725,94626,17926,38226,56726,750
Human Health and Social Work ActivitiesQ13,78114,42114,73015,46716,09416,84117,73318,56419,59520,18520,920
Arts, Entertainment and RecreationR4,4384,6024,6894,8215,0545,2495,5615,7445,9876,2556,435
Other Service ActivitiesS986984967953949945920894898901910
 
Total 806,536826,991851,960875,843919,7281,171,0581,254,0621,336,1711,429,6251,616,9721,739,094
* Suppressed for confidentiality reasons
Table 7 Gross Capital Stock held at end of year by asset type at current market prices€ million
Asset Category20102011201220132014201520162017201820192020
Dwellings, excluding land244,542247,654254,848263,456279,546291,105305,574323,694333,098366,617392,254
Other buildings and structures163,277167,101176,797187,926203,665222,672245,497270,345302,441336,496358,612
of which:           
  Roads35,77236,53538,39139,90942,44745,46049,05552,61257,28861,95864,531
Transport equipment86,36189,65298,149105,186126,430******
Other machinery and equipment56,73157,70958,77461,04767,25872,50370,89472,88972,19972,51672,143
of which:           
  Office machinery and hardware8,0219,41611,06112,17313,13714,05115,06915,86716,84616,23616,367
Cultivated assets1,8982,3192,6402,2792,3072,8022,4752,5922,4642,4412,578
Intangible fixed assets62,34663,20973,37377,56481,471******
of which:           
  Computer software5,0165,3285,9226,3606,9368,7479,76710,77512,39113,94715,943
  Research and development54,87355,32364,74368,54471,842******
 
Total615,154627,645664,580697,458760,6761,070,0481,172,5361,284,4211,391,5321,616,9721,748,843
* Suppressed for confidentiality reasons
Table 8 Gross Capital Stock held at end of year by asset type at constant market prices (base 2019)€ million
Asset Category20102011201220132014201520162017201820192020
Dwellings, excluding land338,894341,719343,436345,288347,493349,449352,373356,318361,621366,617370,418
Other buildings and structures246,234252,470259,826268,489277,903287,892298,676310,161322,659336,496349,366
of which:           
  Roads53,98955,19556,37656,95757,86058,73659,64860,34861,11661,95862,866
Transport equipment92,16497,401105,306111,623134,093******
Other machinery and equipment52,30853,89354,89757,51160,72963,87266,28067,74770,87572,51674,621
of which:           
  Office machinery and hardware7,9689,31010,25611,21112,03112,80813,76414,22915,78016,23617,234
Cultivated assets2,1522,1882,2552,2332,2352,3422,3832,4402,4182,4412,445
Intangible fixed assets74,78479,32086,23990,69997,275******
of which:           
  Computer software6,5466,8697,3347,8098,4209,93911,10012,14013,14813,94715,429
  Research and development65,12669,25275,53779,65485,754******
 
Total806,536826,991851,960875,843919,7281,171,0581,254,0621,336,1711,429,6251,616,9721,739,094
* Suppressed for confidentiality reasons
Table 9 Consumption of Fixed Capital by type of industry at current market prices€ million
Nace Rev 2 Section20102011201220132014201520162017201820192020
Agriculture, Forestry and FishingA8017597577698198588618959561,0161,035
Mining and QuarryingB424405418413382362329303275243218
ManufacturingC4,7514,5414,7064,8665,022******
Electricity, Gas, Steam and Air Conditioning SupplyD8718899359751,0361,0971,1411,2161,3091,3951,432
Water supply; sewerage, waste management and remediation activitiesE203207216228248271296318346372386
ConstructionF447377330294276271273294323348365
Wholesale and Retail Trade; Repair of Motor Vehicles and MotorcyclesG1,0661,0421,0621,0751,1001,2171,3581,5001,4931,5801,808
Transportation and StorageH1,7811,6431,5991,6601,6711,7581,9982,2802,3832,3852,279
Accommodation and Food Service ActivitiesI417394381376407438438483698845884
Information and CommunicationJ2,2832,4473,0603,4863,8174,6075,9238,26310,82313,59420,614
Financial and Insurance ActivitiesK8308098008231,0501,2871,4041,5881,7471,8661,993
Real Estate ActivitiesL3,6993,6473,7673,9544,3474,5734,9875,3055,6896,3406,642
of which:            
  Dwellings 3,4673,4333,5123,6694,0274,1854,4614,6374,8685,3325,460
Professional, Scientific and Technical ActivitiesM6147419141,0491,1881,5192,0162,3792,5943,3533,801
Administrative and Support Service ActivitiesN2,6132,9163,3523,7174,492******
Public Administration and Defence; Compulsory Social SecurityO1,3291,3061,3271,3401,3781,4501,5421,6281,7381,8541,936
of which:            
  Roads 8428548869129511,0031,0661,1271,2071,2841,317
EducationP9148819259339379741,0401,0911,1431,1881,202
Human Health and Social Work ActivitiesQ4244344604875526317137868829641,009
Arts, Entertainment and RecreationR327341344342368386393407421455483
Other Service ActivitiesS8275706566696664525353
 
Total 23,87623,85425,42326,85329,15656,84663,59772,36778,11586,863102,619
* Suppressed for confidentiality reasons
Table 10 Consumption of Fixed Capital by type of industry at constant market prices (base 2019)€ million
Nace Rev 2 Section20102011201220132014201520162017201820192020
Agriculture, Forestry and FishingA9579359309379529569679699851,0161,042
Mining and QuarryingB599572581563495446388339288243216
ManufacturingC5,5285,4705,4535,6815,858******
Electricity, Gas, Steam and Air Conditioning SupplyD1,2051,2321,2631,2891,3111,3191,3321,3501,3721,3951,411
Water supply; sewerage, waste management and remediation activitiesE299307312322334346358363368372376
ConstructionF477414360322296287296315333348364
Wholesale and Retail Trade; Repair of Motor Vehicles and MotorcyclesG1,0471,1501,2061,2151,1921,2691,4051,5071,5231,5801,804
Transportation and StorageH1,9561,8571,7861,8351,8271,8802,1092,3592,4342,3852,247
Accommodation and Food Service ActivitiesI413404394389415431425459731845879
Information and CommunicationJ2,6572,9883,5183,9684,4305,2296,3858,60310,93913,59419,185
Financial and Insurance ActivitiesK9539569429841,2691,5101,6071,7401,8371,8661,935
Real Estate ActivitiesL4,7974,9655,2055,5125,8705,8076,0225,9986,1856,3406,315
of which:            
  Dwellings 4,4654,6654,8575,1335,4475,3235,3905,2415,3145,3325,161
Professional, Scientific and Technical ActivitiesM6668721,0381,2181,4011,7372,2222,5372,6863,3533,655
Administrative and Support Service ActivitiesN2,7923,1893,6443,9784,769******
Public Administration and Defence; Compulsory Social SecurityO1,7811,8641,8451,8281,8151,8161,8331,8381,8421,8541,889
of which:            
  Roads 1,1781,2911,3021,3011,2961,2961,2961,2931,2871,2841,283
EducationP1,1631,1661,1621,1611,1671,1711,1831,1901,1941,1881,180
Human Health and Social Work ActivitiesQ575592602626677729801865932964965
Arts, Entertainment and RecreationR324336336337354371390412431455471
Other Service ActivitiesS6564615758605754525354
 
Total 28,25629,33330,63932,22334,48957,80364,19872,11578,04786,863104,405
* Suppressed for confidentiality reasons
Table 11 Consumption of Fixed Capital by asset type at current market prices€ million
Asset Category20102011201220132014201520162017201820192020
Dwellings, excluding land3,4673,4333,5123,6694,0274,1854,4614,6374,8685,3325,460
Other buildings and structures4,4644,4574,6464,9395,4605,9326,5727,1418,0588,9569,349
of which:           
  Roads8428548869129511,0031,0661,1271,2071,2841,317
Transport equipment5,5635,4935,6415,9166,614******
Other machinery and equipment3,4543,4813,6503,7654,1474,5074,5414,7054,6314,7014,611
of which:           
  Office machinery and hardware9461,0961,3501,4611,5491,6191,7171,8161,9021,9171,839
Cultivated assets11111111111
Intangible fixed assets6,9276,9887,9738,5648,907******
of which:           
  Computer software9339941,1071,2021,3101,6671,9532,0952,3322,5892,960
  Research and development5,5255,5236,3756,8747,124******
 
Total23,87623,85425,42326,85329,15656,84663,59772,36778,11586,863102,619
* Suppressed for confidentiality reasons
Table 12 Consumption of Fixed Capital by asset type at constant market prices (base 2019)€ million
Asset Category20102011201220132014201520162017201820192020
Dwellings, excluding land4,4654,6654,8575,1335,4475,3235,3905,2415,3145,3325,161
Other buildings and structures6,3856,7597,0297,3327,7287,8578,1578,2568,6048,9569,111
of which:           
  Roads1,1781,2911,3021,3011,2961,2961,2961,2931,2871,2841,283
Transport equipment5,9125,9456,0306,2616,994******
Other machinery and equipment3,1223,2013,3233,4543,6813,9194,1394,2644,4934,7014,785
of which:           
  Office machinery and hardware9341,0771,2401,3341,4061,4661,5581,6171,7711,9171,944
Cultivated assets11111111111
Intangible fixed assets8,3708,7639,40010,04210,640******
of which:           
  Computer software1,2171,2821,3711,4761,5901,8942,2192,3602,4742,5892,864
  Research and development6,5526,8917,4217,9728,509******
 
Total28,25629,33330,63932,22334,48957,80364,19872,11578,04786,863104,405
* Suppressed for confidentiality reasons
Table 13 Net Capital Stock held at end of year by type of industry & asset at current market prices, 2020 € million
Nace Rev 2 SectionDwellings, excluding land Other buildings & structures Transport equipment Other machinery & equipment of which: Office machinery & hardware Cultivated assets Intangible fixed assets of which: Total Fixed Assets
Computer software Research and Development
Agriculture, Forestry and FishingA0 5,807 550 2,855 6 2,565 16 8 8 11,793
Mining and QuarryingB0 537 25 716 3 0 234 7 11 1,512
ManufacturingC0 12,520 * 15,982 377 0 * 1,010 * *
Electricity, Gas, Steam and Air Conditioning SupplyD0 14,095 85 2,693 299 0 465 428 37 17,339
Water supply; sewerage, waste management and remediation activitiesE0 12,879 21 93 2 0 14 1 13 13,007
ConstructionF0 2,878 211 912 22 0 53 41 12 4,054
Wholesale and Retail Trade; Repair of Motor Vehicles and MotorcyclesG0 9,215 1,382 531 415 0 4,062 783 3,279 15,189
Transportation and StorageH0 11,423 11,053 136 120 0 293 288 6 22,906
Accommodation and Food Service ActivitiesI0 6,567 232 879 392 0 45 33 12 7,723
Information and CommunicationJ0 11,674 231 4,039 3,847 0 130,441 871 129,570 146,384
Financial and Insurance ActivitiesK0 17,420 905 516 308 0 2,341 1,612 729 21,182
Real Estate ActivitiesL297,335 29,086 35 98 55 0 40 37 3 326,594
of which:                    
  Dwellings 297,335 0 0 0 0 0 0 0 0 297,335
Professional, Scientific and Technical ActivitiesM0 2,631 463 322 256 0 13,287 557 12,730 16,703
Administrative and Support Service ActivitiesN0 955 * 829 189 0 * 87 * *
Public Administration and Defence; Compulsory Social SecurityO0 59,513 415 481 114 0 639 200 438 61,047
of which:                    
  Roads 0 38,872 0 0 0 0 0 0 0 38,872
EducationP0 10,132 32 307 80 0 3,030 140 2,890 13,501
Human Health and Social Work ActivitiesQ0 8,204 345 2,831 247 0 547 180 366 11,926
Arts, Entertainment and RecreationR0 2,194 20 354 100 0 562 79 71 3,129
Other Service ActivitiesS0 246 45 129 21 0 8 4 4 428
 
Total 297,335 217,976 * 34,701 6,854 2,565 * 6,367 * 1,108,728
* Suppressed for confidentiality reasons
Table 14 Gross Capital Stock held at end of year by type of industry & asset at current market prices, 2020 € million
Nace Rev 2 SectionDwellings, excluding land Other buildings & structures Transport equipment Other machinery & equipment of which: Office machinery & hardware Cultivated assets Intangible fixed assets of which: Total Fixed Assets
Computer software Research and Development
Agriculture, Forestry and FishingA0 12,316 1,348 5,652 13 2,578 45 20 25 21,937
Mining and QuarryingB0 1,499 58 1,644 9 0 830 19 22 4,030
ManufacturingC0 28,704 * 30,392 722 0 * 2,571 * *
Electricity, Gas, Steam and Air Conditioning SupplyD0 28,822 256 5,590 649 0 1,096 1,008 88 35,764
Water supply; sewerage, waste management and remediation activitiesE0 20,559 49 222 6 0 44 4 41 20,875
ConstructionF0 4,136 583 2,282 46 0 127 102 25 7,128
Wholesale and Retail Trade; Repair of Motor Vehicles and MotorcyclesG0 15,052 3,075 2,017 1,800 0 6,838 1,811 5,027 26,983
Transportation and StorageH0 20,667 24,681 591 376 0 795 783 12 46,735
Accommodation and Food Service ActivitiesI0 11,778 355 1,779 610 0 116 78 38 14,028
Information and CommunicationJ0 19,735 503 9,180 8,704 0 192,241 2,104 190,138 221,660
Financial and Insurance ActivitiesK0 24,565 1,971 1,342 950 0 6,761 4,002 2,759 34,638
Real Estate ActivitiesL392,254 37,268 83 217 141 0 132 122 9 429,955
of which:                    
  Dwellings 392,254 0 0 0 0 0 0 0 0 392,254
Professional, Scientific and Technical ActivitiesM0 4,573 1,052 824 665 0 27,610 1,705 25,904 34,059
Administrative and Support Service ActivitiesN0 1,651 * 1,610 547 0 * 241 * *
Public Administration and Defence; Compulsory Social SecurityO0 89,383 921 1,086 235 0 1,473 419 1,053 92,862
of which:                    
  Roads 0 64,531 0 0 0 0 0 0 0 64,531
EducationP0 19,241 70 746 190 0 7,313 363 6,949 27,370
Human Health and Social Work ActivitiesQ0 13,822 778 5,990 470 0 1,160 377 783 21,751
Arts, Entertainment and RecreationR0 4,349 44 700 188 0 1,554 197 266 6,647
Other Service ActivitiesS0 490 102 279 46 0 31 17 14 902
 
Total 392,254 358,612 * 72,143 16,367 2,578 * 15,943 * 1,748,843
* Suppressed for confidentiality reasons
Table 15 Consumption of Fixed Capital by type of industry & asset at current market prices, 2020 € million
Nace Rev 2 SectionDwellings, excluding land Other buildings & structures Transport equipment Other machinery & equipment of which: Office machinery & hardware Cultivated assets Intangible fixed assets of which: Total Fixed Assets
Computer software Research and Development
Agriculture, Forestry and FishingA0 513 118 397 1 1 6 4 2 1,035
Mining and QuarryingB0 19 6 60 1 0 134 3 2 218
ManufacturingC0 600 * 1,378 94 0 * 476 * *
Electricity, Gas, Steam and Air Conditioning SupplyD0 979 20 227 73 0 205 197 8 1,432
Water supply; sewerage, waste management and remediation activitiesE0 371 5 6 1 0 4 0 3 386
ConstructionF0 187 56 100 6 0 22 19 3 365
Wholesale and Retail Trade; Repair of Motor Vehicles and MotorcyclesG0 374 316 177 164 0 940 354 586 1,808
Transportation and StorageH0 430 1,671 38 35 0 140 139 1 2,279
Accommodation and Food Service ActivitiesI0 655 45 167 98 0 18 15 3 884
Information and CommunicationJ0 652 52 1,021 987 0 18,888 408 18,480 20,614
Financial and Insurance ActivitiesK0 738 204 125 97 0 927 749 178 1,993
Real Estate ActivitiesL5,460 1,132 8 22 16 0 20 19 1 6,642
of which:                    
  Dwellings 5,460 0 0 0 0 0 0 0 0 5,460
Professional, Scientific and Technical ActivitiesM0 113 106 91 80 0 3,491 274 3,217 3,801
Administrative and Support Service ActivitiesN0 74 * 138 53 0 * 43 * *
Public Administration and Defence; Compulsory Social SecurityO0 1,582 94 80 27 0 180 80 99 1,936
of which:                    
  Roads 0 1,317 0 0 0 0 0 0 0 1,317
EducationP0 424 7 55 22 0 715 66 650 1,202
Human Health and Social Work ActivitiesQ0 332 78 446 53 0 153 73 79 1,009
Arts, Entertainment and RecreationR0 155 4 61 26 0 262 37 18 483
Other Service ActivitiesS0 19 10 21 6 0 3 2 1 53
 
Total 5,460 9,349 * 4,611 1,839 1 * 2,960 * 102,619
* Suppressed for confidentiality reasons

Background Notes

Introduction 

This release belongs to the annual series providing estimates of the values of the stocks of fixed assets according to the European System of Accounts 2010 (ESA 2010) methodology. The capital stocks are estimated using a Perpetual Inventory Method. In this system, the level of stocks are derived from the investment amounts which were made over the preceding years. The annual investments are depreciated by a depreciation function to obtain “net” values (i.e. net of depreciation). The investments are also revalued in the process to update them from their prices in the historical year in which they were purchased to the year for which estimates are being made. Data contained in this release is consistent with the National Income and Expenditure 2020 (NIE 2020).

Fixed assets

The assets covered in these tables relate to Produced Fixed Assets as defined in ESA2010. Produced fixed assets are assets which result from human effort. They exclude natural assets such as land, mineral deposits etc. Produced fixed assets comprise:

  • Dwellings and other buildings and structures (excluding the land on which they are built)
  • Machinery and equipment (including transport equipment)
  • Cultivated assets (e.g. Livestock for breeding such as dairy cattle etc.)
  • Intangible fixed assets (Research and development, Computer software, Original works of art including musical and literary works, Mineral exploration).

Revisions

Revisions arise as amendments are made to the investment amounts i.e. to Gross Fixed Capital Formation (GFCF) in the national accounts. Revisions also arise from improved sources or estimation methods. Data relating to the most recent year are also added to the series.  

Gross/Net 

The two most common valuation methods for fixed capital assets are Gross and Net. The gross capital stock represents the value of the stock still in use (i.e. not retired or scrapped) and valued at the price of new capital goods. The term Gross means gross of consumption of fixed capital (the national account's term for depreciation). Thus the gross stock of assets ignores decay of assets and considers past investments as new – only retirement is taken into account. In practice, fixed assets normally decline in value over time due to factors such as wear and tear and obsolescence. Taking this declining value into account together with retirements give rise to the Net value of the stock of assets. Estimates are provided in this release using both valuation concepts.

Prices

The stock of assets is generally valued in current and constant prices. Valuation in current prices implies that all the assets accumulated over the years are valued at the prices obtaining in the year for which the estimates are given.  In the case of the gross stock, this is the price of new assets. In the case of the net stock, it is the written down price of assets. Valuation at constant prices represents the stock of capital assets in the price of the stated reference year (2019 in these tables).

Catastrophic losses

Catastrophic losses arise, generally infrequently, due to exceptional events such as acts of war or unusually severe weather conditions. Some of the severest weather conditions ever experienced in Ireland in living memory occurred towards the end of 2009 and early in 2010. Considerable flooding took place in 2009 and estimates have been made by which the stock of assets were reduced in 2009 and 2010 to take account of these disasters.

Depreciation

Consumption of Fixed capital (also known as depreciation) automatically becomes available as a by-product of the calculation of the stock of fixed assets in net and gross terms. Estimates of the consumption of fixed capital are provided in the release in current and constant terms. 

Methodology

Further information is available in the Estimates of the Capital Stock of Fixed Assets Methodology (PDF 119KB) . 

Additional Data

All tables are available from the year 1985 in the CSO PxStat database.

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