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For more information on this release:
E-mail: nat_acc@cso.ie Gordon Cavanagh gordon.cavanagh@cso.ie (+353) 1 498 4307 Justin Flannery justin.flannery@cso.ie (+353) 1 498 4262 Oisín Mangan oisin.mangan@cso.ie (+353) 1 498 4089
For general information on CSO statistics:
information@cso.ie (+353) 21 453 5000 On-line ISSN 2009-5775

This release was compiled during the COVID-19 crisis. The results contained in this release reflect some of the economic impacts of the COVID-19 situation.  For further information see Information Note - Implications of COVID-19 on the Quarterly National Accounts Quarter 3 2020.

CSO statistical release, , 11am

Quarterly National Accounts

Quarter 3 2020

GDP and GNP (seasonally adjusted) at constant 2018 prices
Q3 2020
 Amount €mQuarterly % change
GDP93,64911.1
GNP63,580-1.9

Rebound of 11.1% in Real GDP following the easing of COVID-19 restrictions in Q3

Figure 1 Quarterly Growth Rate
go to full release

On a seasonally adjusted basis, initial estimates indicate that GDP in volume terms increased by 11.1% for the third quarter of 2020. Significant increases in profit outflows drove a fall of 1.9% in real GNP over the same period.

Summer restrictions easing; Value Added increases across almost all economic sectors

Value added of the Construction sector recorded an increase of 53.4% in volume terms in Q3 2020 compared with the previous quarter while Distribution, Transport, Hotels & Restaurants grew by 46.9% over the period. Information & Communication increased by 24.9% quarter-on-quarter, with Professional & Administrative Services recording an 18.4% increase.  Value added of Industry (excluding Construction) and Financial & Insurance activities both rose by 4.6% quarter-on-quarter with Agriculture, Forestry & Fishing recording an increase of 5.0%, see Table 5. Public Administration, Education & Health and Real Estate activities increased by 0.6% respectively over the same period.  Arts & Entertainment recorded a 3.9% decrease in real terms in the quarter.

Significant rebound in Personal Consumption, increased Net Exports and Capital Formation

On the expenditure side of the accounts (Table 7), Personal Consumption Expenditure (PCE) rose by 21.3% in Q3 2020, following the significant decline in Q2 due to the COVID restrictions. PCE accounted for 47.9% of Final Domestic Demand in the quarter. Exports of goods and services increased by 5.7% and overall net exports for the quarter recorded a surplus of €41,520m (an increase of €5,123m over the net surplus of €36,396m in the previous quarter). Capital formation rose 4.4% compared with the previous quarter while Government expenditure showed a modest increase of 0.1%.

Final Domestic Demand increased by 11.0% in Q3 2020 over Q2 2020 due mainly to the significant rebound in PCE following the easing of the restrictions during the summer months. Combined with the net exports increase of €5,123 million to €41,520 million, this resulted in an overall increase in real GDP in Q3 2020 of 11.1%. Factor Income outflows were 54.3% higher in Q3 2020 (€30,069m) compared with Q2 2020 (€19,488m) and consequently GNP decreased by 1.9% in the period. Modified Domestic Demand, an indicator of domestic demand that excludes the impact of trade in aircraft by aircraft leasing companies and trade in research and development (R&D) related IPP service imports, increased by 18.7% in Q3 2020 compared to Q2 2020, driven by an increase in domestic capital formation of 34.4% in addition to the increase in personal consumption of 21.3% in the period.

The calculation methods for quarterly accounts are similar to those used in the annual National Income and Expenditure. As some of the available sources are of lesser reliability than those used for the annual national accounts, the quarterly estimates are subject to a greater margin of error than the annual figures. These preliminary estimates will therefore be revised when the next detailed annual results are published.

 

Comparisons with Q3 2019

Estimates for the third quarter of 2020 indicate that there was an increase of 8.1% in GDP in real terms in Q3 2020 compared with Q3 2019. The Information & Communication sector made the most positive contribution to the Q3 result, rising by 33.6% year-on-year. Industry (excluding Construction) exhibited an increase of 13.2% compared with the same quarter of 2019 with Agriculture growing by 10.6%. All other sectors declined year-on-year with the Arts & Entertainment sector exhibiting the sharpest decline (-76.2%). Professional & Administrative Services declined by 16.4% year-on-year while Distribution, Transport, Hotels & Restaurants recorded a decrease of 11.8%. Year-on-year contractions were also recorded in Construction (-14.7%), Real Estate activities (-4.6%) and Financial & Insurance activities (-3.2%). Public Administration, Education and Health exhibited a modest decline of 1.6%.

On the expenditure side of the accounts (Table 3) Capital Formation contracted by 12.8% in Q3 2020 compared with Q3 2019 and accounted for 34.5% of Final Domestic Demand in Q3 2020. Imports decreased by 10.6% year-on-year compared with Q3 2019 while Exports increased by 5.5%. Personal Consumption Expenditure exhibited a year-on-year decline of 5.7% in the quarter. Final Domestic Demand decreased by 5.9% in Q3 2020 compared with Q3 2019 while Modified Domestic Demand declined by 2.4% over the same period.

Factor income outflows were 50.3% higher than in the same quarter of 2019 resulting in a decrease in GNP of 3.7% year-on-year.

FOR REVISIONS TABLES, PLEASE CLICK ON THE FOLLOWING LINK Quarterly National Accounts Revisions Tables 1-8 Quarter 3 2020 (XLS 55KB)

GDPGNP
2019 Q1-0.4846118701514971.22527655864397
2019 Q24.944944329009165.41169273724853
2019 Q3-0.884237889410628-0.878303899429127
2019 Q44.26548571516485.39798597088486
2020 Q1-3.52706797876088-3.95078790669331
2020 Q2-3.20056187337734-3.73858843302082
2020 Q311.0532294386889-1.94379212850599
GDPGNP
2019 Q11.960909547121081.61093395917969
2019 Q22.312743141939650.866146349074938
2019 Q31.281476284151745.20379471141754
2019 Q40.4074226106763490.699707418015223
2020 Q11.229403133313810.14421494774966
Table 1 Gross Domestic Product by Nace Rev. 2 A10 Sector1 of Origin and Gross National Product at Constant Market Prices (Chain linked annually and referenced to year 2018)2€million
PeriodAgriculture Forestry and FishingIndustry (excl. Construction)of which ManufacturingConstructionDistribution, Transport, Hotels and RestaurantsInformation and CommunicationFinancial and Insurance ActivitiesReal Estate ActivitiesProfessional, Admin and Support ServicesPublic Admin, Education and HealthArts, Entertainment and Other ServicesGVA at Constant Basic PricesTaxes less Subsidies on ProductsGDP at Constant Market PricesNet Factor Income from Rest of WorldGNP at Constant Market Prices
20142,69654,86049,5185,34229,24419,21517,25019,28622,43929,2913,200198,35717,640216,270-33,181183,693
20152,84899,24994,7655,69731,24522,41818,52819,49425,04530,2253,520251,81318,915270,719-61,368208,879
20163,13197,77993,2256,30833,10924,39816,96319,54426,08630,7013,898255,99120,115276,116-51,413224,799
20173,306101,29796,4917,15034,46931,20717,55319,89630,22831,8624,105280,45420,872301,324-62,424238,901
20182,907112,427107,4867,99335,84839,20818,59719,97033,89232,7354,201305,53321,453326,986-70,664256,322
20193,733116,112110,9128,59337,15245,96419,68520,23335,06333,9434,261322,21822,965345,184-80,149265,035
                 
2014                
Q152713,79512,4741,1577,0024,3033,9874,6905,3807,10578147,0574,58351,745-8,33743,529
Q299915,00613,7891,2457,0994,7733,9434,7635,4377,37580549,6633,71853,380-8,91444,573
Q370013,40111,8511,4557,5105,2984,5894,8575,6677,37580451,1304,91856,156-8,62947,683
Q447112,65811,4041,4847,6334,8414,7314,9765,9557,43681050,5064,42154,989-7,30147,908
2015                
Q159927,47826,3231,1967,5775,5754,3774,8396,0007,25285761,7924,97566,799-16,24450,371
Q294523,56822,4351,3087,4175,1604,3634,8026,1517,56584760,7164,02764,687-11,52653,242
Q374923,42222,2631,5248,1426,2854,7194,8946,4707,64487964,6185,45770,134-17,95751,927
Q455524,78023,7451,6688,1095,3975,0694,9586,4247,76493764,6874,45669,100-15,64253,339
2016                
Q173524,65523,4941,2018,2205,6044,0714,7736,3777,37794460,3665,52365,908-11,30654,675
Q21,08623,06221,9191,4697,9145,2284,1284,8676,3907,72194760,9784,34165,312-11,81753,535
Q378820,44519,2951,7758,6337,2064,2864,9186,6007,72797263,3435,59268,950-14,81254,060
Q452229,61828,5181,8638,3426,3604,4784,9866,7197,8761,03571,3044,66075,947-13,47962,529
2017                
Q177624,44823,1531,4928,5216,7724,0014,8717,2907,4991,00164,2575,76770,035-15,15754,867
Q21,12723,10621,9111,5768,1836,4134,1724,9377,4437,9021,03566,6434,05970,691-16,53754,123
Q387425,28824,0671,9048,9229,0844,5705,0017,7108,18699873,0945,96279,062-14,32564,771
Q452928,45627,3602,1788,8428,9394,8105,0867,7858,2761,07176,4605,08581,537-16,40565,140
2018                
Q170226,81425,6421,6798,7019,2134,2534,8687,8547,8721,04372,7025,72578,426-16,84361,583
Q294928,28826,9741,8278,7369,2384,3524,9478,4008,0671,00774,7254,25378,980-16,46262,519
Q372428,81027,5782,1829,44511,4474,7905,0098,5608,3531,08478,9336,36385,294-16,92568,369
Q453128,51527,2922,3058,9659,3105,2025,1469,0778,4431,06679,1735,11284,286-20,43463,851
2019                
Q183726,53325,3101,7889,18810,1714,4494,9278,4347,9741,06675,6516,22981,880-19,35062,530
Q21,17728,51127,1471,8548,86911,6694,5115,0038,6498,4151,03378,7354,68683,421-20,92062,502
Q389830,85829,5312,4179,48713,2275,1375,1218,6248,7211,07484,0366,61290,647-19,92370,724
Q482230,21028,9242,5359,60810,8975,5885,1839,3568,8341,08883,7975,43889,235-19,95669,279
2020                
Q190632,51831,2021,9308,81911,6704,7955,0358,4868,04297582,4464,35586,801-19,46967,332
Q21,16032,29131,0241,0695,40111,2774,3104,7586,1628,25426276,4294,29880,727-20,09360,634
Q399334,93533,5212,0628,36517,6764,9744,8837,2068,57925691,3606,67198,031-29,94468,088
                
Percentage change on corresponding period of previous year
201426.710.510.56.86.212.93.24.213.11.04.68.510.08.6 9.0
20155.680.991.46.66.816.77.41.111.63.210.026.97.225.2 13.7
20169.9-1.5-1.610.76.08.8-8.40.34.21.610.81.76.32.0 7.6
20175.63.63.513.34.127.93.51.815.93.85.39.63.89.1 6.3
2018-12.111.011.411.84.025.65.90.412.12.72.48.92.88.5 7.3
201928.43.33.27.53.617.25.81.33.53.71.45.57.05.6 3.4
                 
2014                
Q135.06.66.314.88.57.74.74.112.01.12.89.04.28.5 8.7
Q229.414.115.012.36.115.10.94.011.81.24.57.818.38.6 10.7
Q37.910.49.65.65.919.23.44.415.10.65.98.52.27.9 7.6
Q448.210.710.9-1.44.59.43.64.513.41.05.48.720.29.7 9.0
2015                
Q113.899.2111.03.48.229.59.83.211.52.19.731.38.629.1 15.7
Q2-5.457.162.75.04.58.110.70.813.12.65.222.38.321.2 19.4
Q37.174.887.94.78.418.62.80.814.23.69.326.411.024.9 8.9
Q417.895.8108.212.46.211.57.2-0.47.94.415.828.10.825.7 11.3
2016                
Q122.7-10.3-10.70.48.50.5-7.0-1.46.31.710.2-2.311.0-1.3 8.5
Q214.9-2.2-2.312.36.71.3-5.41.33.92.111.80.47.81.0 0.6
Q35.1-12.7-13.316.56.014.7-9.20.52.01.110.6-2.02.5-1.7 4.1
Q4-5.819.520.111.72.917.8-11.70.64.61.410.410.24.69.9 17.2
2017               
Q15.5-0.8-1.424.23.720.8-1.72.114.31.66.06.44.46.3 0.4
Q23.80.2-0.07.33.422.71.11.416.52.39.39.3-6.58.2 1.1
Q311.023.724.77.33.326.16.61.716.85.92.615.46.614.7 19.8
Q41.3-3.9-4.116.96.040.57.42.015.95.13.57.29.17.4 4.2
2018                
Q1-9.59.710.712.52.136.16.3-0.17.75.04.213.1-0.712.0 12.2
Q2-15.822.423.116.06.844.14.30.212.92.1-2.612.14.811.7 15.5
Q3-17.213.914.614.65.926.04.80.211.02.08.78.06.77.9 5.6
Q40.30.2-0.25.81.44.28.11.216.62.0-0.43.50.53.4 -2.0
2019                
Q119.2-1.0-1.36.55.610.44.61.27.41.32.24.18.84.4 1.5
Q223.90.80.61.41.526.33.71.13.04.32.65.410.25.6 -0.0
Q324.07.17.110.80.415.67.22.20.84.4-0.96.53.96.3 3.4
Q454.85.96.010.07.217.07.40.73.14.62.05.86.45.9 8.5
2020                
Q18.222.623.37.9-4.014.77.82.20.60.9-8.59.0-30.16.0 7.7
Q2-1.413.314.3-42.3-39.1-3.4-4.5-4.9-28.8-1.9-74.7-2.9-8.3-3.2 -3.0
Q310.613.213.5-14.7-11.833.6-3.2-4.6-16.4-1.6-76.28.70.98.1 -3.7
1See Background Notes for detailed Nace A10 sector descriptions
2Chain linked series not additive
Table 2 Gross Domestic Product by Nace Rev. 2 A10 Sector1 of Origin and Gross National Product at Current Market Prices€million
PeriodAgriculture Forestry and FishingIndustry (excl. Construction)of which ManufacturingConstructionDistribution, Transport, Hotels and RestaurantsInformation and CommunicationFinancial and Insurance ActivitiesReal Estate ActivitiesProfessional, Admin and Support ServicesPublic Admin, Education and HealthArts, Entertainment and Other ServicesStatistical DiscrepancyGVA at Current Basic PricesTaxes less Subsidies on ProductsGDP at Current Market PricesNet Factor Income from Rest of WorldGNP at Current Market Prices
20142,42843,89939,0244,46328,91919,01114,91513,77320,11427,8363,542-1,298177,60217,546195,148-31,407163,741
20152,35495,94091,6424,93130,12422,85316,52315,05824,53528,5643,462-251244,09418,760262,853-62,043200,810
20162,55794,30189,7265,76832,76524,68716,72616,13326,03529,4113,539-1,061250,86019,949270,809-51,082219,728
20173,482102,06697,4237,34935,24831,32718,21016,86430,17731,1524,012-268279,61820,769300,387-62,251238,135
20182,907112,427107,4867,99335,84839,20818,59719,97033,89232,7354,201-2,245305,53321,453326,986-70,664256,322
20193,264117,292112,1528,64537,81249,84819,34623,03236,65134,5864,353-1,953332,87523,176356,051-81,721274,330
                  
2014                 
Q147311,0859,8799096,8994,2923,4623,3484,8196,748866-95641,9444,54346,487-7,82238,665
Q290112,07510,9121,1107,0304,7503,4443,4024,8707,013891-89944,5863,71348,299-8,39439,905
Q363010,7169,3411,1847,4445,2553,9553,4705,0787,0168915245,6924,90850,600-8,16342,436
Q442410,0238,8911,2607,5454,7144,0543,5545,3477,06089450645,3814,38249,763-7,02842,735
2015                 
Q149423,55422,3981,0587,2915,7343,9003,7345,8646,853843-95958,3664,90463,270-16,32046,949
Q279023,48322,4411,2527,1555,2493,8973,7116,0277,149832-59658,9504,00762,956-11,71151,245
Q362023,17222,1241,2477,8596,4344,2113,7826,3397,22486472862,4805,43767,917-18,12749,790
Q445025,73224,6801,3757,8195,4364,5153,8306,3057,33892257764,2984,41268,710-15,88452,826
2016                 
Q160222,46521,2931,1418,1535,6454,0073,9396,3707,065857-1,12259,1225,43864,560-11,28153,279
Q288621,66220,5321,4657,8245,3604,0834,0176,3707,397861-83159,0944,32563,419-11,61951,800
Q364322,23621,1161,5468,5227,2784,2294,0616,5867,405883-22363,1665,57768,743-14,72754,016
Q442727,93826,7851,6168,2666,4034,4084,1166,7097,5449371,11569,4794,60974,088-13,45660,633
2017                 
Q181524,53523,2741,6178,7306,6684,1234,1287,2917,331977-1,89864,3205,70770,027-15,41254,615
Q21,15522,13420,9881,7758,3606,3834,3114,1857,4387,7251,0121,93366,4114,05270,463-16,67153,792
Q391824,63723,5411,8729,1229,1604,7544,2407,6928,00397192872,2975,95778,253-14,20464,049
Q459430,76029,6192,0849,0369,1165,0214,3117,7568,0931,051-1,23276,5915,05381,644-15,96565,679
2018                 
Q170427,36426,0861,6508,8149,1124,2444,8667,8667,8721,04343673,9705,68079,650-17,14262,509
Q295525,73224,5321,9498,7009,2574,3644,9478,4028,0641,00837573,7514,25278,004-16,45361,550
Q372329,18027,9902,1359,34611,4004,7905,0148,5648,3541,084-1,95278,6376,40585,041-16,98968,052
Q452530,15128,8782,2608,9899,4385,1995,1449,0608,4461,066-1,10379,1755,11684,291-20,07964,211
2019                 
Q173128,10326,7791,8619,34810,8894,3465,6068,8248,1161,088-21478,6976,23284,929-19,92265,007
Q21,04126,32225,0072,0329,03112,5664,4155,6959,0398,5711,05542180,1884,74384,931-21,25863,673
Q378330,38729,1832,2929,67214,2775,0605,8319,0228,8921,097-79186,5236,70293,225-20,38972,836
Q471032,48131,1822,4599,76112,1165,5265,9009,7669,0071,112-1,36987,4675,49992,966-20,15372,813
2020                 
Q182635,36734,0152,1018,96613,1004,7975,8998,4158,2901,049-1,32987,4804,40291,882-20,01471,868
Q21,02932,11431,2671,1765,48012,4964,3225,8176,8158,7492803978,3154,33682,652-20,04362,609
Q398335,81034,5791,9868,49918,5724,8725,9167,6468,942266-89992,5936,70699,298-29,28170,017
                  
Percentage change on corresponding period of previous year
201424.89.210.527.42.113.016.210.015.11.73.7 8.510.28.6 8.9
2015-3.1118.5134.810.54.220.210.89.322.02.6-2.3 37.46.934.7 22.6
20168.7-1.7-2.117.08.88.01.27.16.13.02.2 2.86.33.0 9.4
201736.18.28.627.47.626.98.94.515.95.913.4 11.54.110.9 8.4
2018-16.510.210.38.81.725.22.118.412.35.14.7 9.33.38.9 7.6
201912.34.34.38.25.527.14.015.38.15.73.6 8.98.08.9 7.0
                  
2014                 
Q130.96.27.828.53.510.218.89.813.81.72.0 7.74.37.4 7.8
Q229.513.615.735.22.115.414.79.813.81.93.6 8.118.78.9 10.9
Q37.19.59.124.42.219.615.810.217.11.45.1 8.62.58.0 7.7
Q441.07.49.123.10.76.615.610.315.71.64.3 9.520.210.4 9.3
2015                 
Q14.3112.5126.716.45.733.612.711.621.71.6-2.7 39.27.936.1 21.4
Q2-12.294.5105.612.81.810.513.29.123.81.9-6.6 32.27.930.3 28.4
Q3-1.6116.2136.85.35.622.46.59.024.83.0-3.0 36.710.834.2 17.3
Q46.1156.7177.69.13.615.311.47.817.93.93.2 41.70.738.1 23.6
2016                 
Q121.9-4.6-4.97.911.8-1.62.75.58.63.11.7 1.310.92.0 13.5
Q212.1-7.8-8.517.09.42.14.88.25.73.53.5 0.27.90.7 1.1
Q33.7-4.0-4.624.08.413.10.47.43.92.52.1 1.12.61.2 8.5
Q4-5.18.68.517.55.717.8-2.47.56.42.81.6 8.14.57.8 14.8
2017                 
Q135.59.29.341.77.118.12.94.814.53.814.1 8.85.08.5 2.5
Q230.32.22.221.26.919.15.64.216.84.417.5 12.4-6.311.1 3.8
Q342.810.811.521.17.025.912.44.416.88.19.9 14.56.813.8 18.6
Q439.210.110.629.09.342.413.94.715.67.312.2 10.29.610.2 8.3
2018                 
Q1-13.711.512.12.01.036.72.917.97.97.46.7 15.0-0.513.7 14.5
Q2-17.316.316.99.84.145.01.218.213.04.4-0.4 11.14.910.7 14.4
Q3-21.318.418.914.02.524.50.818.211.34.411.7 8.87.58.7 6.2
Q4-11.6-2.0-2.58.4-0.53.53.519.316.84.41.4 3.41.23.2 -2.2
2019                 
Q13.82.72.712.86.119.52.415.212.23.14.4 6.49.76.6 4.0
Q29.02.31.94.33.835.71.215.17.66.34.7 8.711.58.9 3.4
Q38.44.14.37.43.525.25.616.35.46.41.2 10.04.69.6 7.0
Q435.37.78.08.88.628.46.314.77.86.64.3 10.57.510.3 13.4
2020                 
Q113.125.827.012.9-4.120.310.45.2-4.62.1-3.6 11.2-29.48.2 10.6
Q2-1.122.025.0-42.2-39.3-0.6-2.12.1-24.62.1-73.5 -2.3-8.6-2.7 -1.7
Q325.517.818.5-13.4-12.130.1-3.71.4-15.30.6-75.7 7.00.16.5 -3.9
1See Background Notes for detailed Nace A10 sector descriptions
Table 3 Expenditure on Gross National Product at Constant Market Prices (Chain linked annually and referenced to year 2018)1€million
PeriodPersonal Consumption of Goods and ServicesNet Exp. by Central and Local Government on Current Goods and ServicesGross Domestic Fixed Capital FormationValue of Physical Changes in StocksExports of Goods and ServicesImports of Goods and ServicesGDP at Constant Market PricesNet Factor Income from Rest of WorldGNP at Constant Market Prices
201492,68827,46843,6522,849227,171-185,482216,270-33,181183,693
201595,63828,11165,5494,167316,330-245,661270,719-61,368208,879
2016100,38429,35898,8834,735329,479-291,995276,116-51,413224,799
2017102,77530,46698,8594,164359,873-295,276301,324-62,424238,901
2018105,62632,22792,7491,352399,897-307,110326,986-70,664256,322
2019108,98634,265162,1341,736442,084-406,544345,184-80,149265,035
          
2014         
Q122,3176,75910,4121,05251,076-42,36451,745-8,33743,529
Q222,3907,04710,10013857,253-46,00853,380-8,91444,573
Q322,9136,89711,16648759,028-45,82656,156-8,62947,683
Q425,0696,76511,9741,17359,813-51,28454,989-7,30147,908
2015         
Q123,1306,92512,72554773,932-54,17266,799-16,24450,371
Q222,9966,98614,51181076,821-58,88164,687-11,52653,242
Q323,7557,02915,0492,19481,014-59,70970,134-17,95751,927
Q425,7567,17123,26361684,564-72,89969,100-15,64253,339
2016         
Q124,7507,14919,65275978,743-68,58765,908-11,30654,675
Q224,0027,23225,09546981,232-74,17765,312-11,81753,535
Q324,6957,39823,51551082,676-69,76668,950-14,81254,060
Q426,9377,57930,6212,99786,828-79,46475,947-13,47962,529
2017         
Q125,1367,38515,461-64482,627-62,13870,035-15,15754,867
Q224,4687,47853,2611,80285,764-101,28770,691-16,53754,123
Q325,6017,74614,2552,90289,384-60,29379,062-14,32564,771
Q427,5707,85715,882105102,098-71,55881,537-16,40565,140
2018         
Q125,6597,70814,9592,49190,173-62,77978,426-16,84361,583
Q225,4548,01516,09421398,429-70,24578,980-16,46262,519
Q326,3958,35118,929196100,174-70,20685,294-16,92568,369
Q428,1198,15242,768-1,548111,122-103,88084,286-20,43463,851
2019         
Q126,5208,35917,4781,690102,086-73,96781,880-19,35062,530
Q226,3788,48959,396-470107,938-119,26583,421-20,92062,502
Q327,1978,81421,3541,103110,983-80,33190,647-19,92370,724
Q428,8918,60363,907-586121,078-132,98189,235-19,95669,279
2020         
Q125,8318,54648,9131,839109,434-108,49386,801-19,46967,332
Q220,6859,51116,8981,734108,353-74,96980,727-20,09360,634
Q325,6569,72318,620199117,041-71,77698,031-29,94468,088
          
Percentage change on corresponding period of previous year 
20142.43.918.4 14.614.78.6 9.0
20153.22.350.2 39.232.425.2 13.7
20165.04.450.9 4.218.92.0 7.6
20172.43.8-0.0 9.21.19.1 6.3
20182.85.8-6.2 11.14.08.5 7.3
20193.26.374.8 10.532.45.6 3.4
          
2014         
Q11.57.515.1 11.38.58.5 8.7
Q22.49.617.4 12.312.18.6 10.7
Q32.30.619.6 17.517.97.9 7.6
Q43.1-1.321.3 17.219.99.7 9.0
2015         
Q13.62.522.2 44.727.929.1 15.7
Q22.7-0.943.7 34.228.021.2 19.4
Q33.71.934.8 37.230.324.9 8.9
Q42.76.094.3 41.442.125.7 11.3
2016         
Q17.03.254.4 6.526.6-1.3 8.5
Q24.43.572.9 5.726.01.0 0.6
Q34.05.356.3 2.116.8-1.7 4.1
Q44.65.731.6 2.79.09.9 17.2
2017         
Q11.63.3-21.3 4.9-9.46.3 0.4
Q21.93.4112.2 5.636.58.2 1.1
Q33.74.7-39.4 8.1-13.614.7 19.8
Q42.33.7-48.1 17.6-9.97.4 4.2
2018         
Q12.14.4-3.2 9.11.012.0 12.2
Q24.07.2-69.8 14.8-30.611.7 15.5
Q33.17.832.8 12.116.47.9 5.6
Q42.03.8169.3 8.845.23.4 -2.0
2019         
Q13.48.416.8 13.217.84.4 1.5
Q23.65.9269.1 9.769.85.6 -0.0
Q33.05.512.8 10.814.46.3 3.4
Q42.75.549.4 9.028.05.9 8.5
2020         
Q1-2.62.2179.9 7.246.76.0 7.7
Q2-21.612.0-71.5 0.4-37.1-3.2 -3.0
Q3-5.710.3-12.8 5.5-10.68.1 -3.7
1Chain linked series not additive
Table 4 Expenditure on Gross National Product at Current Market Prices€million
PeriodPersonal Consumption of Goods and ServicesNet Exp. by Central and Local Government on Current Goods and ServicesGross Domestic Fixed Capital FormationValue of Physical Changes in StocksExports of Goods and ServicesImports of Goods and ServicesStatistical DiscrepancyGDP at Current Market PricesNet Factor Income from Rest of WorldGNP at Current Market Prices
201488,59926,72740,2473,091214,350-179,1641,298195,148-31,407163,741
201592,01627,26563,1754,467320,565-244,886251262,853-62,043200,810
201697,00128,56297,0154,818328,235-285,8821,061270,809-51,082219,728
2017100,50130,22599,5174,249359,655-294,028268300,387-62,251238,135
2018105,62632,22792,7491,352399,897-307,1102,245326,986-70,664256,322
2019111,63134,829162,3621,486448,866-405,0761,953356,051-81,721274,330
           
2014          
Q121,1806,4889,5941,15047,722-40,60395646,487-7,82238,665
Q221,4176,7659,25212853,683-43,84689948,299-8,39439,905
Q322,0136,76610,18954755,610-44,474-5250,600-8,16342,436
Q423,9896,70811,2121,26757,334-50,241-50649,763-7,02842,735
2015          
Q122,0586,68811,97659374,441-53,44595963,270-16,32046,949
Q222,1286,76513,69490478,174-59,30459662,956-11,71151,245
Q323,0086,81214,1782,32281,927-59,603-72867,917-18,12749,790
Q424,8227,00123,32764786,023-72,534-57768,710-15,88452,826
2016          
Q123,8036,97219,20073678,730-66,0041,12264,560-11,28153,279
Q223,2757,04324,30640880,086-72,53183163,419-11,61951,800
Q323,9817,23722,80247982,459-68,43822368,743-14,72754,016
Q425,9417,30930,7073,19686,960-78,909-1,11574,088-13,45660,633
2017          
Q124,3787,24415,442-68584,294-62,5451,89870,027-15,41254,615
Q224,0057,43453,2511,90286,740-100,937-1,93370,463-16,67153,792
Q325,1067,71114,4143,02888,932-60,009-92878,253-14,20464,049
Q427,0127,83616,409499,689-70,5371,23281,644-15,96565,679
2018          
Q125,3767,82015,3792,49291,733-62,712-43679,650-17,14262,509
Q225,5208,00716,65417298,371-70,344-37578,004-16,45361,550
Q326,5608,29819,60293100,571-72,0341,95285,041-16,98968,052
Q428,1718,10241,115-1,404109,223-102,0201,10384,291-20,07964,211
2019          
Q126,9118,38417,7121,564104,779-74,63521484,929-19,92265,007
Q227,0098,67860,920-423109,212-120,044-42184,931-21,25863,673
Q327,9778,86521,9741,019113,129-80,52979193,225-20,38972,836
Q429,7338,90261,756-673121,747-129,8681,36992,966-20,15372,813
2020          
Q126,7868,89346,8141,808112,164-105,9111,32991,882-20,01471,868
Q221,3849,90217,1511,667107,734-75,147-3982,652-20,04362,609
Q326,56010,15919,022268114,121-71,73189999,298-29,28170,017
           
Percentage change on corresponding period of previous year
20143.44.020.6 15.117.5 8.6 8.9
20153.92.057.0 49.636.7 34.7 22.6
20165.44.853.6 2.416.7 3.0 9.4
20173.65.82.6 9.62.8 10.9 8.4
20185.16.6-6.8 11.24.4 8.9 7.6
20195.78.175.1 12.231.9 8.9 7.0
           
2014          
Q12.05.918.3 8.610.3 7.4 7.8
Q23.65.318.9 12.413.3 8.9 10.9
Q33.52.520.9 17.821.0 8.0 7.7
Q44.22.423.7 21.225.0 10.4 9.3
2015          
Q14.13.124.8 56.031.6 36.1 21.4
Q23.3-0.048.0 45.635.3 30.3 28.4
Q34.50.739.2 47.334.0 34.2 17.3
Q43.54.4108.1 50.044.4 38.1 23.6
2016          
Q17.94.360.3 5.823.5 2.0 13.5
Q25.24.177.5 2.422.3 0.7 1.1
Q34.26.260.8 0.614.8 1.2 8.5
Q44.54.431.6 1.18.8 7.8 14.8
2017          
Q12.43.9-19.6 7.1-5.2 8.5 2.5
Q23.15.6119.1 8.339.2 11.1 3.8
Q34.76.5-36.8 7.8-12.3 13.8 18.6
Q44.17.2-46.6 14.6-10.6 10.2 8.3
2018          
Q14.17.9-0.4 8.80.3 13.7 14.5
Q26.37.7-68.7 13.4-30.3 10.7 14.4
Q35.87.636.0 13.120.0 8.7 6.2
Q44.33.4150.6 9.644.6 3.2 -2.2
2019          
Q16.17.215.2 14.219.0 6.6 4.0
Q25.88.4265.8 11.070.7 8.9 3.4
Q35.36.812.1 12.511.8 9.6 7.0
Q45.59.950.2 11.527.3 10.3 13.4
2020          
Q1-0.56.1164.3 7.041.9 8.2 10.6
Q2-20.814.1-71.8 -1.4-37.4 -2.7 -1.7
Q3-5.114.6-13.4 0.9-10.9 6.5 -3.9
Table 5 Gross Domestic Product by Nace Rev. 2 A10 Sector1 of Origin and Gross National Product at Constant Market Prices (Chain linked annually and referenced to year 2018)2 - Seasonally Adjusted€million
PeriodAgriculture Forestry and FishingIndustry (excl. Construction)of which ManufacturingConstructionDistribution, Transport, Hotels and RestaurantsInformation and CommunicationFinancial and Insurance ActivitiesReal Estate ActivitiesProfessional, Admin and Support ServicesPublic Admin, Education and HealthArts, Entertainment and Other ServicesGVA at Constant Basic PricesTaxes less Subsidies on ProductsGDP at Constant Market PricesNet Factor Income from Rest of WorldGNP at Constant Market Prices
2014                
Q155213,11111,8501,3247,1264,2944,2384,7495,3827,30377947,8514,20152,052-8,16643,887
Q268014,60513,3171,3597,3025,0434,2024,7945,5067,33380649,4774,47353,950-8,01345,937
Q371313,90512,3951,3457,3454,9324,4154,8445,6807,31981050,4534,22954,682-8,65846,024
Q472613,24411,9411,3057,4894,9344,3724,8925,8717,31980349,6494,82054,469-8,31846,151
2015                
Q164726,20325,0821,3937,6445,5844,6574,9086,0077,46985662,5504,57467,124-16,13550,989
Q264923,35022,1061,4117,7005,5414,6404,8336,2207,53685060,9974,78565,781-10,58055,201
Q374424,28923,2721,4117,9165,7094,5534,8806,4697,57688863,2824,77068,052-18,02250,030
Q480025,29624,2021,4567,9885,5444,6814,8696,3427,62092363,9984,80768,805-16,57152,234
2016                
Q178823,71222,6001,3908,2555,6464,3334,8486,4037,61994360,8895,05965,948-11,28254,666
Q280123,24622,0411,5838,2565,6774,3744,8996,4497,71895561,9285,17767,105-10,83956,266
Q377421,06020,0051,6398,3746,4124,1574,9006,5977,63398261,8684,91966,786-14,97951,808
Q477028,54827,3051,6558,2156,5814,1204,8916,6197,7031,01369,5654,99274,556-14,20260,354
2017                
Q181924,76923,5271,6958,5556,8724,2624,9547,3537,7691,00266,5265,25171,776-15,22456,552
Q285623,53322,3201,7428,5537,0054,4184,9737,4877,9311,04967,7874,92672,712-15,64157,071
Q385524,83023,6371,7888,6677,9504,4484,9797,7298,0581,00671,0105,21776,227-14,51561,711
Q477827,14625,9301,9268,6609,3234,4114,9857,6348,0741,04574,1565,42779,583-16,91762,666
2018                
Q173627,54026,4111,9438,7719,4234,5274,9527,9548,1711,04775,3075,20580,512-17,01063,503
Q269128,96927,6732,0099,11410,0754,6234,9928,4318,1291,02377,1035,21982,322-15,66266,660
Q370427,90526,6712,0279,2279,9254,6674,9828,6138,1971,09176,0465,53081,576-17,12664,450
Q477328,20826,9492,0018,7119,7524,7545,0408,8588,2051,03878,2045,46383,668-20,75862,910
2019                
Q186726,57525,3182,0759,29010,5054,7295,0118,5678,3091,07377,5865,67683,262-19,58163,681
Q293129,15027,8142,0919,24312,6494,8175,0578,6638,4961,05181,6275,75287,379-20,25267,127
Q387630,69629,4312,1809,32111,3935,0015,0898,7178,5491,07780,8705,73786,607-20,06966,537
Q41,05430,00928,6882,2039,27511,4895,0985,0749,0858,5621,05984,4915,81090,301-20,17270,129
2020                
Q193832,78131,4612,2138,93412,1175,0855,1198,6398,40598383,1563,96087,116-19,75867,358
Q292332,96131,7351,2075,62112,1534,6254,8176,1678,35026679,0655,26284,328-19,48864,840
Q396934,48733,1361,8528,25715,1834,8394,8497,3028,39725687,8515,79793,649-30,06963,580
                 
Percentage change on previous quarter
2014                
Q1-8.67.27.4-0.30.0-4.20.31.34.40.51.63.43.63.4 2.4
Q223.111.412.42.62.517.5-0.90.92.30.43.53.46.53.6 4.7
Q34.9-4.8-6.9-1.00.6-2.25.11.03.2-0.20.42.0-5.51.4 0.2
Q41.8-4.8-3.7-3.02.00.0-1.01.03.4-0.0-0.9-1.614.0-0.4 0.3
2015                
Q1-10.997.8110.06.72.113.26.50.32.32.16.626.0-5.123.2 10.5
Q20.3-10.9-11.91.30.7-0.8-0.4-1.53.50.9-0.6-2.54.6-2.0 8.3
Q314.64.05.3-0.02.83.0-1.91.04.00.54.43.7-0.33.5 -9.4
Q47.64.14.03.30.9-2.92.8-0.2-2.00.64.01.10.81.1 4.4
2016                
Q1-1.5-6.3-6.6-4.53.31.8-7.4-0.41.0-0.02.2-4.95.2-4.2 4.7
Q21.7-2.0-2.513.90.00.51.01.10.71.31.31.72.31.8 2.9
Q3-3.5-9.4-9.23.51.413.0-5.00.02.3-1.12.9-0.1-5.0-0.5 -7.9
Q4-0.535.636.51.0-1.92.6-0.9-0.20.30.93.112.41.511.6 16.5
2017                
Q16.4-13.2-13.82.44.14.43.41.311.10.9-1.1-4.45.2-3.7 -6.3
Q24.5-5.0-5.12.7-0.01.93.70.41.82.14.71.9-6.21.3 0.9
Q3-0.25.55.92.71.313.50.70.13.21.6-4.14.85.94.8 8.1
Q4-8.99.39.77.7-0.117.3-0.80.1-1.20.23.94.44.04.4 1.5
2018                
Q1-5.41.51.90.91.31.12.6-0.74.21.20.21.6-4.11.2 1.3
Q2-6.15.24.83.43.96.92.10.86.0-0.5-2.32.40.32.2 5.0
Q31.8-3.7-3.60.91.2-1.51.0-0.22.20.86.6-1.46.0-0.9 -3.3
Q49.91.11.0-1.3-5.6-1.71.91.22.90.1-4.92.8-1.22.6 -2.4
2019                
Q112.1-5.8-6.13.76.67.7-0.5-0.6-3.31.33.4-0.83.9-0.5 1.2
Q27.49.79.90.8-0.520.41.90.91.12.3-2.15.21.34.9 5.4
Q3-5.95.35.84.30.8-9.93.80.60.60.62.5-0.9-0.3-0.9 -0.9
Q420.3-2.2-2.51.0-0.50.81.9-0.34.20.2-1.74.51.34.3 5.4
2020                
Q1-11.09.29.70.5-3.75.5-0.20.9-4.9-1.8-7.1-1.6-31.8-3.5 -4.0
Q2-1.60.50.9-45.5-37.10.3-9.0-5.9-28.6-0.7-72.9-4.932.9-3.2 -3.7
Q35.04.64.453.446.924.94.60.618.40.6-3.911.110.211.1 -1.9
1See Background Notes for detailed Nace A10 sector descriptions
2Chain linked series not additive
Table 6 Gross Domestic Product by Nace Rev. 2 A10 Sector1 of Origin and Gross National Product at Current Market Prices - Seasonally Adjusted€million
PeriodAgriculture Forestry and FishingIndustry (excl. Construction)of which ManufacturingConstructionDistribution, Transport, Hotels and RestaurantsInformation and CommunicationFinancial and Insurance ActivitiesReal Estate ActivitiesProfessional, Admin and Support ServicesPublic Admin, Education and HealthArts, Entertainment and Other ServicesGVA at Current Basic PricesTaxes less Subsidies on ProductsGDP at Current Market PricesNet Factor Income from Rest of WorldGNP at Current Market Prices
2014                
Q148610,7299,5761,0326,9834,3283,6183,3084,7656,93187242,7384,18346,921-7,33839,583
Q262611,74110,5601,1157,2214,9493,6213,3984,9146,96189544,4184,45348,871-8,32140,551
Q364011,0729,7011,1407,2884,8933,8263,4855,1076,96389344,9374,21449,151-8,11841,033
Q466110,1618,9901,1637,4464,8113,8283,5785,3356,97688145,2664,77450,040-7,58042,460
2015                
Q152122,94421,8511,2127,3165,8104,0803,7005,8047,04584858,8954,53363,428-15,85347,575
Q252623,38322,2901,2387,4105,5674,0943,7066,0737,10083759,3614,74564,106-11,70952,397
Q361923,83722,8541,2067,6455,8434,0863,7996,3567,16686861,5244,74066,263-18,07348,191
Q467825,40024,2671,2657,7855,5884,2433,8506,2987,24190864,2394,76169,000-16,36252,638
2016                
Q163721,98020,8641,3218,1045,7414,2043,9086,3287,27086060,3315,00765,338-10,87754,462
Q263222,18821,0321,4458,1425,7664,2894,0126,4067,36187059,2795,14364,421-11,58352,839
Q363422,70321,6041,4948,2716,4774,1194,0786,5967,33088761,7384,88866,625-14,74051,885
Q465026,96425,7401,4818,2816,6304,1044,1326,6847,43492169,1384,94774,085-13,82160,264
2017                
Q185324,09922,9091,8718,6226,8004,3514,1007,2847,55398065,2875,21970,506-15,09955,407
Q290723,24922,0821,7698,7036,9344,5394,1827,4637,7151,02466,7514,90571,655-16,61555,041
Q390624,89723,7921,8038,8728,0284,6434,2577,7177,89397370,5295,19075,720-14,20661,514
Q481429,36928,1581,9049,0719,5064,6314,3247,6827,9631,03575,2255,40580,630-16,27864,352
2018                
Q174026,86125,6841,8918,6799,3194,4984,8347,9038,1261,04475,3915,18680,577-16,95963,618
Q271627,53126,3111,9749,02510,0844,6204,9478,4138,0771,02075,7035,20580,908-16,29664,612
Q370729,20227,9722,0459,1469,9164,6795,0328,6198,2171,08876,2545,54581,799-17,01264,787
Q474028,74427,4162,0689,0219,8684,7575,1578,9158,2861,05078,7735,47484,247-20,36063,887
2019                
Q176727,53426,3402,0989,18311,2044,6185,5698,9118,4111,09079,5015,70685,206-19,82665,380
Q280828,40627,0432,0909,32113,6474,7025,7019,0308,5931,06782,1275,80787,934-21,06166,873
Q376530,18828,9432,1929,55012,3504,9385,8519,1198,7341,10083,8385,79889,636-20,37169,265
Q492031,11129,7392,2559,77112,7515,0335,9149,5548,8111,09687,5715,87493,445-20,43973,006
2020                
Q186434,54733,3772,3398,79213,5065,0975,8568,5268,6241,05088,1164,02492,140-19,98772,153
Q280234,72433,8711,2195,63113,5164,6285,8286,8028,76628381,4415,29586,736-19,80066,936
Q396335,48034,1941,8998,45416,0314,7515,9337,7468,78426789,7855,81395,598-29,26366,335
                 
Percentage change on previous quarter
2014                
Q1-12.210.312.99.9-4.9-3.79.11.73.80.82.83.34.13.4 2.1
Q228.89.410.38.13.414.40.12.73.10.42.73.96.54.2 2.4
Q32.4-5.7-8.12.30.9-1.15.72.63.90.0-0.31.2-5.40.6 1.2
Q43.3-8.2-7.32.12.2-1.70.02.74.50.2-1.30.713.31.8 3.5
2015                
Q1-21.2125.8143.14.2-1.720.86.63.48.81.0-3.830.1-5.026.8 12.0
Q21.01.92.02.21.3-4.20.40.24.60.8-1.30.84.71.1 10.1
Q317.61.92.5-2.63.25.0-0.22.54.70.93.73.6-0.13.4 -8.0
Q49.66.66.24.91.8-4.43.81.3-0.91.04.64.40.44.1 9.2
2016                
Q1-6.2-13.5-14.04.44.12.7-0.91.50.50.4-5.2-6.15.2-5.3 3.5
Q2-0.70.90.89.40.50.42.02.71.21.21.1-1.72.7-1.4 -3.0
Q30.42.32.73.41.612.3-4.01.73.0-0.41.94.1-5.03.4 -1.8
Q42.518.819.1-0.90.12.4-0.41.31.31.43.912.01.211.2 16.1
2017                
Q131.3-10.6-11.026.44.12.66.0-0.89.01.66.3-5.65.5-4.8 -8.1
Q26.3-3.5-3.6-5.40.92.04.32.02.52.14.52.2-6.01.6 -0.7
Q3-0.17.17.71.91.915.82.31.83.42.3-5.05.75.85.7 11.8
Q4-10.218.018.45.62.218.4-0.31.6-0.50.96.36.74.16.5 4.6
2018                
Q1-9.0-8.5-8.8-0.7-4.3-2.0-2.911.82.92.10.90.2-4.1-0.1 -1.1
Q2-3.32.52.44.44.08.22.72.36.5-0.6-2.30.40.40.4 1.6
Q3-1.26.16.33.61.3-1.71.31.72.41.76.70.76.51.1 0.3
Q44.7-1.6-2.01.1-1.4-0.51.72.53.40.8-3.53.3-1.33.0 -1.4
2019                
Q13.6-4.2-3.91.41.813.5-2.98.0-0.01.53.80.94.21.1 2.3
Q25.33.22.7-0.41.521.81.82.41.32.2-2.13.31.83.2 2.3
Q3-5.36.37.04.82.5-9.55.02.61.01.63.12.1-0.21.9 3.6
Q420.23.12.82.92.33.21.91.14.80.9-0.34.51.34.2 5.4
2020                
Q1-6.011.012.23.7-10.05.91.3-1.0-10.8-2.1-4.20.6-31.5-1.4 -1.2
Q2-7.20.51.5-47.9-36.00.1-9.2-0.5-20.21.7-73.1-7.631.6-5.9 -7.2
Q320.02.21.055.750.118.62.71.813.90.2-5.710.29.810.2 -0.9
1See Background Notes for detailed Nace A10 sector descriptions
Table 7 Expenditure on Gross National Product at Constant Market Prices (Chain linked annually and referenced to year 2018)1 - Seasonally Adjusted€million
PeriodPersonal Consumption of Goods and ServicesNet Exp. by Central and Local Government on Current Goods and ServicesGross Domestic Fixed Capital FormationValue of Physical Changes in StocksExports of Goods and ServicesImports of Goods and ServicesGDP at Constant Market PricesNet Factor Income from Rest of WorldGNP at Constant Market Prices
2014         
Q122,9346,85310,8721,02252,873-43,50952,052-8,16643,887
Q223,2247,05310,1441756,661-45,30353,950-8,01345,937
Q323,3626,82612,30712058,899-47,68954,682-8,65846,024
Q423,6606,74311,0351,69758,223-48,19554,469-8,31846,151
2015         
Q123,6207,00213,35756475,693-55,93067,124-16,13550,989
Q223,8416,99814,51361776,184-58,10465,781-10,58055,201
Q324,0976,97816,0961,80180,403-62,47368,052-18,02250,030
Q424,2817,12321,4721,18481,116-67,89368,805-16,57152,234
2016         
Q125,0707,23320,04583880,674-70,96065,948-11,28254,666
Q224,9207,25724,75921081,322-73,39667,105-10,83956,266
Q324,9747,34024,1926082,776-73,21766,786-14,97951,808
Q425,3887,51028,2163,64182,871-73,62074,556-14,20260,354
2017         
Q125,5487,49116,625-53485,890-64,76871,776-15,22456,552
Q225,4137,52151,6761,49586,861-100,01572,712-15,64157,071
Q325,8117,64615,4172,40289,681-64,02876,227-14,51561,711
Q426,0157,79614,34480896,591-65,79679,583-16,91762,666
2018         
Q126,1207,84416,2042,64293,819-65,87580,512-17,01063,503
Q226,3788,05516,890-150100,112-69,91782,322-15,66266,660
Q326,5658,20319,724-338100,646-74,51681,576-17,12664,450
Q426,5688,13239,805-784104,526-93,71483,668-20,75862,910
2019         
Q127,0728,50218,6361,853106,566-78,78183,262-19,58163,681
Q227,2518,52060,365-880110,119-118,51687,379-20,25267,127
Q327,3688,63521,311562111,300-84,59986,607-20,06966,537
Q427,3088,61861,712217113,399-119,36890,301-20,17270,129
2020         
Q126,3228,69349,9232,000114,287-116,16887,116-19,75867,358
Q221,3079,52417,7761,299110,949-74,55384,328-19,48864,840
Q325,8469,53718,550-343117,227-75,70793,649-30,06963,580
          
Percentage change on previous quarter
2014         
Q1-0.10.315.2 5.27.63.4 2.4
Q21.32.9-6.7 7.24.13.6 4.7
Q30.6-3.221.3 3.95.31.4 0.2
Q41.3-1.2-10.3 -1.11.1-0.4 0.3
2015         
Q1-0.23.821.0 30.016.123.2 10.5
Q20.9-0.18.7 0.63.9-2.0 8.3
Q31.1-0.310.9 5.57.53.5 -9.4
Q40.82.133.4 0.98.71.1 4.4
2016         
Q13.31.5-6.6 -0.54.5-4.2 4.7
Q2-0.60.323.5 0.83.41.8 2.9
Q30.21.1-2.3 1.8-0.2-0.5 -7.9
Q41.72.316.6 0.10.611.6 16.5
2017         
Q10.6-0.2-41.1 3.6-12.0-3.7 -6.3
Q2-0.50.4210.8 1.154.41.3 0.9
Q31.61.7-70.2 3.2-36.04.8 8.1
Q40.82.0-7.0 7.72.84.4 1.5
2018         
Q10.40.613.0 -2.90.11.2 1.3
Q21.02.74.2 6.76.12.2 5.0
Q30.71.816.8 0.56.6-0.9 -3.3
Q40.0-0.9101.8 3.925.82.6 -2.4
2019         
Q11.94.6-53.2 2.0-15.9-0.5 1.2
Q20.70.2223.9 3.350.44.9 5.4
Q30.41.4-64.7 1.1-28.6-0.9 -0.9
Q4-0.2-0.2189.6 1.941.14.3 5.4
2020         
Q1-3.60.9-19.1 0.8-2.7-3.5 -4.0
Q2-19.19.6-64.4 -2.9-35.8-3.2 -3.7
Q321.30.14.4 5.71.511.1 -1.9
1Chain linked series not additive
Table 8 Expenditure on Gross National Product at Current Market Prices - Seasonally Adjusted€million
PeriodPersonal Consumption of Goods and ServicesNet Exp. by Central and Local Government on Current Goods and ServicesGross Domestic Fixed Capital FormationValue of Physical Changes in StocksExports of Goods and ServicesImports of Goods and ServicesGDP at Current Market PricesNet Factor Income from Rest of WorldGNP at Current Market Prices
2014         
Q121,6946,5749,6951,04749,146-41,55046,921-7,33839,583
Q222,0736,7569,1381153,484-43,61448,871-8,32140,551
Q322,2616,70910,63017555,478-46,47149,151-8,11841,033
Q422,5536,68510,6431,85655,892-47,16550,040-7,58042,460
2015         
Q122,5446,77312,28554376,255-55,35863,428-15,85347,575
Q222,8606,76313,48871178,426-58,71464,106-11,70952,397
Q323,2216,75314,7791,95882,050-62,39866,263-18,07348,191
Q423,3956,97422,2631,23883,439-67,32469,000-16,36252,638
2016         
Q124,2667,06120,09776581,801-68,67465,338-10,87754,462
Q224,0757,04623,52514079,651-71,84864,421-11,58352,839
Q324,1647,17023,4438682,754-71,84266,625-14,74051,885
Q424,4997,28329,4553,82183,701-72,81674,085-13,82160,264
2017         
Q124,8297,33916,220-59886,264-64,77670,506-15,09955,407
Q224,8457,43950,7101,57588,114-100,76271,655-16,61555,041
Q325,2397,62114,8842,61189,374-63,46975,720-14,20661,514
Q425,5437,81914,87464395,339-64,66080,630-16,27864,352
2018         
Q125,8957,94016,4222,65795,094-65,93880,577-16,95963,618
Q226,3687,99817,035-23399,096-70,06080,908-16,29664,612
Q326,6688,18319,867-339101,246-76,22381,799-17,01264,787
Q426,6448,09838,726-731103,839-92,16384,247-20,36063,887
2019         
Q127,5468,54019,1501,769107,213-78,89785,206-19,82665,380
Q227,8498,64559,510-901111,845-120,25287,934-21,06166,873
Q328,0728,72321,861607113,889-84,46389,636-20,37169,265
Q428,1088,91858,18424115,331-116,76593,445-20,43973,006
2020         
Q127,5009,08250,3232,020114,835-112,70592,140-19,98772,153
Q222,0059,83317,7841,141110,629-75,41586,736-19,80066,936
Q326,6569,99218,888-119114,831-75,17395,598-29,26366,335
          
Percentage change on previous quarter
2014         
Q10.40.611.7 5.99.43.4 2.1
Q21.72.8-5.7 8.85.04.2 2.4
Q30.9-0.716.3 3.76.50.6 1.2
Q41.3-0.40.1 0.71.51.8 3.5
2015         
Q1-0.01.315.4 36.417.426.8 12.0
Q21.4-0.29.8 2.86.11.1 10.1
Q31.6-0.29.6 4.66.33.4 -8.0
Q40.73.350.6 1.77.94.1 9.2
2016         
Q13.71.3-9.7 -2.02.0-5.3 3.5
Q2-0.8-0.217.1 -2.64.6-1.4 -3.0
Q30.41.8-0.4 3.9-0.03.4 -1.8
Q41.41.625.6 1.11.411.2 16.1
2017         
Q11.30.8-44.9 3.1-11.0-4.8 -8.1
Q20.11.4212.6 2.155.61.6 -0.7
Q31.62.4-70.6 1.4-37.05.7 11.8
Q41.22.6-0.1 6.71.96.5 4.6
2018         
Q11.41.610.4 -0.32.0-0.1 -1.1
Q21.80.73.7 4.26.30.4 1.6
Q31.12.316.6 2.28.81.1 0.3
Q4-0.1-1.094.9 2.620.93.0 -1.4
2019         
Q13.45.5-50.6 3.2-14.41.1 2.3
Q21.11.2210.8 4.352.43.2 2.3
Q30.80.9-63.3 1.8-29.81.9 3.6
Q40.12.2166.2 1.338.24.2 5.4
2020         
Q1-2.21.8-13.5 -0.4-3.5-1.4 -1.2
Q2-20.08.3-64.7 -3.7-33.1-5.9 -7.2
Q321.11.66.2 3.8-0.310.2 -0.9
Annex 1A Trade Summary: Quarterly Breakdown of Trade into Goods/Services at Current and Constant Prices1
 TRADE AT CURRENT PRICES TRADE AT CONSTANT PRICES
 Exports  Imports   Exports  Imports €million
PeriodTotalGoodsServicesTotalGoodsServices TotalGoodsServicesTotalGoodsServices
2014             
Q147,72226,18721,53540,60317,24823,354 51,07627,20923,72042,36417,72124,551
Q253,68328,90224,78243,84617,61626,230 57,25329,41127,80846,00818,39527,502
Q355,61029,27226,33844,47418,28726,187 59,02829,47929,61745,82618,33027,386
Q457,33430,10027,23450,24120,57929,662 59,81329,60130,31451,28420,30930,849
 214,350114,46099,889179,16473,730105,434 227,171115,700111,460185,48274,756110,287
2015             
Q174,44147,46526,97653,44520,67532,770 73,93244,43128,79354,17220,75633,321
Q278,17448,15030,02459,30421,25638,048 76,82143,54332,81458,88120,38838,459
Q381,92750,89031,03759,60321,13438,468 81,01447,13833,26159,70920,71238,962
Q486,02353,82232,20172,53423,86848,667 84,56449,02234,91972,89924,69548,180
 320,565200,327120,238244,88686,933157,953 316,330184,134129,788245,66186,552158,922
2016             
Q178,73048,49530,23566,00421,20544,798 78,74346,79031,18768,58723,45245,090
Q280,08647,64832,43972,53123,20749,324 81,23245,81135,05974,17724,24949,892
Q382,45946,89935,56168,43820,58447,854 82,67644,76237,87069,76621,64848,096
Q486,96050,11836,84178,90922,07656,833 86,82846,82939,98579,46423,02856,428
 328,235193,160135,076285,88287,072198,810 329,479184,193144,102291,99592,378199,505
2017             
Q184,29447,90136,39362,54522,71439,831 82,62744,76037,74062,13822,82739,459
Q286,74047,32339,417100,93722,77778,160 85,76444,34641,537101,28723,59577,196
Q388,93248,97739,95560,00920,31439,695 89,38447,39341,97660,29320,93939,431
Q499,68953,62346,06670,53722,90047,637 102,09853,83748,27971,55823,73247,858
 359,655197,824161,831294,02888,706205,322 359,873190,336169,532295,27691,094203,945
2018             
Q191,73350,31741,41662,71221,90540,807 90,17349,40340,61762,77922,73440,105
Q298,37152,51345,85870,34424,46945,875 98,42952,25746,15370,24525,08245,218
Q3100,57152,63447,93772,03425,37646,659 100,17452,23148,00870,20624,39245,846
Q4109,22355,98053,243102,02030,56271,458 111,12257,55253,676103,88030,10473,629
 399,897211,443188,454307,110102,312204,798 399,897211,443188,454307,110102,312204,798
2019             
Q1104,77956,49948,28074,63526,27548,360 102,08656,57145,51473,96726,37647,591
Q2109,21254,44454,768120,04426,34493,700 107,93854,23653,702119,26527,40391,862
Q3113,12957,40655,72380,52925,80254,728 110,98357,30253,68180,33126,72253,609
Q4121,74759,14862,599129,86829,95199,917 121,07860,60260,476132,98130,856102,125
 448,866227,496221,370405,076108,371296,704 442,084228,712213,372406,544111,357295,187
2020             
Q1112,16459,45252,712105,91125,04380,868 109,43461,27548,159108,49326,23382,259
Q2107,73455,99751,73775,14722,62252,525 108,35359,29749,05674,96923,71151,259
Q3114,12160,26353,85871,73123,44348,288 117,04165,68651,35471,77624,59247,184
              
Percentage change on corresponding period of previous year
2014             
Q18.68.58.710.35.114.5 11.314.67.48.51.114.6
Q212.412.012.913.38.916.5 12.312.612.012.17.015.7
Q317.816.519.221.019.522.0 17.515.919.417.912.721.6
Q421.227.215.125.025.924.3 17.222.411.719.916.022.5
2015             
Q156.081.325.331.619.940.3 44.763.321.427.917.135.7
Q245.666.621.235.320.745.1 34.248.118.028.010.839.8
Q347.373.917.834.015.646.9 37.259.912.330.313.042.3
Q450.078.818.244.416.064.1 41.465.615.242.121.656.2
2016             
Q15.82.212.123.52.636.7 6.55.38.326.613.035.3
Q22.4-1.08.022.39.229.6 5.75.26.826.018.929.7
Q30.6-7.814.614.8-2.624.4 2.1-5.013.916.84.523.4
Q41.1-6.914.48.8-7.516.8 2.7-4.514.59.0-6.817.1
2017             
Q17.1-1.220.4-5.27.1-11.1 4.9-4.321.0-9.4-2.7-12.5
Q28.3-0.721.539.2-1.958.5 5.6-3.218.536.5-2.754.7
Q37.84.412.4-12.3-1.3-17.1 8.15.910.8-13.6-3.3-18.0
Q414.67.025.0-10.63.7-16.2 17.615.020.7-9.93.1-15.2
2018             
Q18.85.013.80.3-3.62.5 9.110.47.61.0-0.41.6
Q213.411.016.3-30.37.4-41.3 14.817.811.1-30.66.3-41.4
Q313.17.520.020.024.917.5 12.110.214.416.416.516.3
Q49.64.415.644.633.550.0 8.86.911.245.226.853.8
2019             
Q114.212.316.619.019.918.5 13.214.512.117.816.018.7
Q211.03.719.470.77.7104.3 9.73.816.469.89.3103.2
Q312.59.116.211.81.717.3 10.89.711.814.49.616.9
Q411.55.717.627.3-2.039.8 9.05.312.728.02.538.7
2020             
Q17.05.29.241.9-4.767.2 7.28.35.846.7-0.572.8
Q2-1.42.9-5.5-37.4-14.1-43.9 0.49.3-8.7-37.1-13.5-44.2
Q30.95.0-3.3-10.9-9.1-11.8 5.514.6-4.3-10.6-8.0-12.0
1Chain linked series not additive
Annex 1B Seasonally Adjusted (SA) Trade Summary: Quarterly Breakdown of Trade into Goods/Services at SA Current and SA Constant Prices1
 TRADE AT CURRENT PRICES TRADE AT CONSTANT PRICES
 Exports  Imports   Exports  Imports €million
PeriodTotalGoodsServicesTotalGoodsServices TotalGoodsServicesTotalGoodsServices
2014             
Q149,14626,33622,80941,55016,85524,694 52,87327,19525,67743,50917,56125,948
Q253,48428,94624,53843,61417,82425,790 56,66129,24027,42145,30318,32426,979
Q355,47829,43426,04446,47119,13127,339 58,89929,62129,27847,68919,21528,473
Q455,89229,60126,29147,16519,74427,421 58,22329,48628,73648,19519,45928,736
 214,000114,31799,683178,80073,556105,244 226,655115,543111,113184,69674,560110,136
2015             
Q176,25547,72128,53455,35820,68634,672 75,69344,42631,26755,93020,77035,161
Q278,42648,58529,84158,71421,21237,502 76,18443,67132,51258,10420,26637,838
Q382,05051,29830,75262,39822,08640,313 80,40347,53432,86962,47321,76140,712
Q483,43952,49630,94367,32422,65844,666 81,11648,22732,89067,89323,40544,488
 320,169200,100120,069243,79486,641157,153 313,396183,858129,538244,40086,201158,199
2016             
Q181,80149,87231,92968,67421,20447,469 80,67446,73433,94070,96023,31647,644
Q279,65147,31232,33971,84823,05648,792 81,32246,46934,85373,39624,05349,343
Q382,75447,28535,46971,84221,52150,322 82,77645,19537,58173,21722,81950,398
Q483,70148,65935,04372,81621,11551,701 82,87145,60437,26873,62022,08051,540
 327,907193,127134,780285,18086,896198,284 327,643184,003143,641291,19492,269198,925
2017             
Q186,26447,82538,43964,77622,40742,369 85,89044,66841,22264,76822,80441,964
Q288,11448,60139,513100,76223,19477,568 86,86145,37541,486100,01523,41176,604
Q389,37449,33340,04163,46921,67941,790 89,68147,91741,76464,02822,65541,373
Q495,33951,97343,36664,66021,62743,033 96,59152,04244,54965,79622,52443,272
 359,091197,732161,359293,66788,906204,761 359,022190,002169,020294,60791,395203,212
2018             
Q195,09451,29643,79865,93822,31043,628 93,81949,26144,55865,87522,85643,019
Q299,09652,91146,18470,06024,48045,579 100,11253,84546,26769,91724,97844,939
Q3101,24652,92548,32176,22327,06049,163 100,64652,70547,94174,51626,41048,106
Q4103,83954,31249,52792,16327,95064,213 104,52655,54748,97993,71427,64966,065
 399,275211,445187,830304,383101,800202,583 399,103211,359187,744304,022101,893202,129
2019             
Q1107,21355,98051,23378,89726,95251,945 106,56656,33850,22878,78127,27251,509
Q2111,84556,42255,423120,25227,08193,171 110,11956,06754,051118,51627,42491,092
Q3113,88957,63156,25784,46326,86157,602 111,30057,70753,59384,59928,22256,377
Q4115,33157,51257,819116,76527,21389,552 113,39958,57454,825119,36828,19491,174
 448,278227,546220,732400,377108,107292,270 441,384228,686212,698401,265111,113290,152
2020             
Q1114,83558,74956,086112,70525,49887,207 114,28760,88653,401116,16826,64189,527
Q2110,62958,13852,49175,41523,22152,194 110,94961,48549,46474,55323,86850,684
Q3114,83160,42054,41275,17324,37150,802 117,22765,97851,24975,70725,94649,761
              
Percentage change on previous quarter
2014             
Q15.912.1-0.49.46.711.3 5.211.6-0.87.63.810.3
Q28.89.97.65.05.74.4 7.27.56.84.14.34.0
Q33.71.76.16.57.36.0 3.91.36.85.34.95.5
Q40.70.60.91.53.20.3 -1.1-0.5-1.81.11.30.9
2015             
Q136.461.28.517.44.826.4 30.050.78.816.16.722.4
Q22.81.84.66.12.58.2 0.6-1.74.03.9-2.47.6
Q34.65.63.16.34.17.5 5.58.81.17.57.47.6
Q41.72.30.67.92.610.8 0.91.50.18.77.69.3
2016             
Q1-2.0-5.03.22.0-6.46.3 -0.5-3.13.24.5-0.47.1
Q2-2.6-5.11.34.68.72.8 0.8-0.62.73.43.23.6
Q33.9-0.19.7-0.0-6.73.1 1.8-2.77.8-0.2-5.12.1
Q41.12.9-1.21.4-1.92.7 0.10.9-0.80.6-3.22.3
2017             
Q13.1-1.79.7-11.06.1-18.0 3.6-2.110.6-12.03.3-18.6
Q22.11.62.855.63.583.1 1.11.60.654.42.782.5
Q31.41.51.3-37.0-6.5-46.1 3.25.60.7-36.0-3.2-46.0
Q46.75.48.31.9-0.23.0 7.78.66.72.8-0.64.6
2018             
Q1-0.3-1.31.02.03.21.4 -2.9-5.30.00.11.5-0.6
Q24.23.15.46.39.74.5 6.79.33.86.19.34.5
Q32.20.04.68.810.57.9 0.5-2.13.66.65.77.0
Q42.62.62.520.93.330.6 3.95.42.225.84.737.3
2019             
Q13.23.13.4-14.4-3.6-19.1 2.01.42.6-15.9-1.4-22.0
Q24.30.88.252.40.579.4 3.3-0.57.650.40.676.8
Q31.82.11.5-29.8-0.8-38.2 1.12.9-0.8-28.62.9-38.1
Q41.3-0.22.838.21.355.5 1.91.52.341.1-0.161.7
2020             
Q1-0.42.2-3.0-3.5-6.3-2.6 0.83.9-2.6-2.7-5.5-1.8
Q2-3.7-1.0-6.4-33.1-8.9-40.1 -2.91.0-7.4-35.8-10.4-43.4
Q33.83.93.7-0.35.0-2.7 5.77.33.61.58.7-1.8
1Chain linked series not additive
Annex 2A Total Domestic Demand at Current Market Prices & Constant Prices (Chain linked annually and referenced to year 2018)1 - Non-Seasonally Adjusted€million
 CURRENT MARKET PRICES CONSTANT MARKET PRICES
PeriodPersonal Consumption of Goods and ServicesNet Exp. by Central and Local Government on Current Goods and ServicesGross Domestic Fixed Capital FormationFinal Domestic DemandValue of Physical Changes in StocksTotal Domestic Demand Personal Consumption of Goods and ServicesNet Exp. by Central and Local Government on Current Goods and ServicesGross Domestic Fixed Capital FormationFinal Domestic DemandValue of Physical Changes in StocksTotal Domestic Demand
201488,59926,72740,247155,5733,091158,664 92,68827,46843,652164,4422,849167,282
201592,01627,26563,175182,4574,467186,924 95,63828,11165,549189,4234,167193,708
201697,00128,56297,015222,5774,818227,395 100,38429,35898,883228,7734,735233,617
2017100,50130,22599,517230,2434,249234,492 102,77530,46698,859232,2314,164236,476
2018105,62632,22792,749230,6021,352231,954 105,62632,22792,749230,6021,352231,954
2019111,63134,829162,362308,8211,486310,307 108,98634,265162,134305,3861,736307,122
              
2014             
Q121,1806,4889,59437,2621,15038,411 22,3176,75910,41239,6501,05240,765
Q221,4176,7659,25237,43412837,562 22,3907,04710,10039,72013839,757
Q322,0136,76610,18938,96854739,515 22,9136,89711,16641,12448741,568
Q423,9896,70811,21241,9091,26743,176 25,0696,76511,97443,9481,17345,192
 88,59926,72740,247155,5733,091158,664 92,68827,46843,652164,4422,849167,282
2015             
Q122,0586,68811,97640,72259341,315 23,1306,92512,72542,89454743,411
Q222,1286,76513,69442,58690443,491 22,9966,98614,51144,56281045,375
Q323,0086,81214,17843,9982,32246,321 23,7557,02915,04945,8972,19448,290
Q424,8227,00123,32755,15164755,798 25,7567,17123,26356,07061656,632
 92,01627,26563,175182,4574,467186,924 95,63828,11165,549189,4234,167193,708
2016             
Q123,8036,97219,20049,97673650,711 24,7507,14919,65251,58375952,332
Q223,2757,04324,30654,62440855,032 24,0027,23225,09556,36746956,786
Q323,9817,23722,80254,02047954,499 24,6957,39823,51555,64551056,111
Q425,9417,30930,70763,9573,19667,153 26,9377,57930,62165,1772,99768,388
 97,00128,56297,015222,5774,818227,395 100,38429,35898,883228,7734,735233,617
2017             
Q124,3787,24415,44247,065-68546,380 25,1367,38515,46147,941-64447,245
Q224,0057,43453,25184,6901,90286,592 24,4687,47853,26185,4891,80287,333
Q325,1067,71114,41447,2313,02850,259 25,6017,74614,25547,5482,90250,560
Q427,0127,83616,40951,257451,261 27,5707,85715,88251,25410551,339
 100,50130,22599,517230,2434,249234,492 102,77530,46698,859232,2314,164236,476
2018             
Q125,3767,82015,37948,5742,49251,066 25,6597,70814,95948,2092,49150,764
Q225,5208,00716,65450,18017250,352 25,4548,01516,09449,46721349,678
Q326,5608,29819,60254,4609354,553 26,3958,35118,92953,61019653,802
Q428,1718,10241,11577,388-1,40475,984 28,1198,15242,76879,316-1,54877,710
 105,62632,22792,749230,6021,352231,954 105,62632,22792,749230,6021,352231,954
2019             
Q126,9118,38417,71253,0071,56454,571 26,5208,35917,47852,3571,69054,047
Q227,0098,67860,92096,607-42396,184 26,3788,48959,39694,263-47093,793
Q327,9778,86521,97458,8161,01959,835 27,1978,81421,35457,3651,10358,468
Q429,7338,90261,756100,391-67399,718 28,8918,60363,907101,401-586100,815
 111,63134,829162,362308,8211,486310,307 108,98634,265162,134305,3861,736307,122
2020             
Q126,7868,89346,81482,4931,80884,301 25,8318,54648,91383,2911,83985,130
Q221,3849,90217,15148,4371,66750,104 20,6859,51116,89847,0951,73448,829
Q326,56010,15919,02255,74126856,009 25,6569,72318,62053,99919954,198
              
Percentage change on corresponding period of previous year
20143.44.020.67.4 9.3 2.43.918.46.3 8.3
20153.92.057.017.3 17.8 3.22.350.215.2 15.8
20165.44.853.622.0 21.7 5.04.450.920.8 20.6
20173.65.82.63.4 3.1 2.43.8-0.01.5 1.2
20185.16.6-6.80.2 -1.1 2.85.8-6.2-0.7 -1.9
20195.78.175.133.9 33.8 3.26.374.832.4 32.4
              
2014             
Q12.05.918.36.5 8.6 1.57.515.15.7 7.6
Q23.65.318.97.3 6.5 2.49.617.47.1 6.2
Q33.52.520.97.4 7.3 2.30.619.66.0 6.1
Q44.22.423.78.5 14.6 3.1-1.321.36.6 13.1
2015             
Q14.13.124.89.3 7.6 3.62.522.28.2 6.5
Q23.3-0.048.013.8 15.8 2.7-0.943.712.2 14.1
Q34.50.739.212.9 17.2 3.71.934.811.6 16.2
Q43.54.4108.131.6 29.2 2.76.094.327.6 25.3
2016             
Q17.94.360.322.7 22.7 7.03.254.420.3 20.6
Q25.24.177.528.3 26.5 4.43.572.926.5 25.1
Q34.26.260.822.8 17.7 4.05.356.321.2 16.2
Q44.54.431.616.0 20.3 4.65.731.616.2 20.8
2017             
Q12.43.9-19.6-5.8 -8.5 1.63.3-21.3-7.1 -9.7
Q23.15.6119.155.0 57.3 1.93.4112.251.7 53.8
Q34.76.5-36.8-12.6 -7.8 3.74.7-39.4-14.6 -9.9
Q44.17.2-46.6-19.9 -23.7 2.33.7-48.1-21.4 -24.9
2018             
Q14.17.9-0.43.2 10.1 2.14.4-3.20.6 7.4
Q26.37.7-68.7-40.7 -41.9 4.07.2-69.8-42.1 -43.1
Q35.87.636.015.3 8.5 3.17.832.812.7 6.4
Q44.33.4150.651.0 48.2 2.03.8169.354.8 51.4
2019             
Q16.17.215.29.1 6.9 3.48.416.88.6 6.5
Q25.88.4265.892.5 91.0 3.65.9269.190.6 88.8
Q35.36.812.18.0 9.7 3.05.512.87.0 8.7
Q45.59.950.229.7 31.2 2.75.549.427.8 29.7
2020             
Q1-0.56.1164.355.6 54.5 -2.62.2179.959.1 57.5
Q2-20.814.1-71.8-49.9 -47.9 -21.612.0-71.5-50.0 -47.9
Q3-5.114.6-13.4-5.2 -6.4 -5.710.3-12.8-5.9 -7.3
1Chain linked series not additive
Annex 2B Total Domestic Demand at Current Market Prices & Constant Prices (Chain linked annually and referenced to year 2018)1 - Seasonally Adjusted€million
 CURRENT MARKET PRICES CONSTANT MARKET PRICES
PeriodPersonal Consumption of Goods and ServicesNet Exp. by Central and Local Government on Current Goods and ServicesGross Domestic Fixed Capital FormationFinal Domestic DemandValue of Physical Changes in StocksTotal Domestic Demand Personal Consumption of Goods and ServicesNet Exp. by Central and Local Government on Current Goods and ServicesGross Domestic Fixed Capital FormationFinal Domestic DemandValue of Physical Changes in StocksTotal Domestic Demand
2014             
Q121,6946,5749,69537,9631,04739,010 22,9346,85310,87240,6581,02241,681
Q222,0736,7569,13837,9681137,979 23,2247,05310,14440,4201740,438
Q322,2616,70910,63039,60017539,775 23,3626,82612,30742,49512042,615
Q422,5536,68510,64339,8811,85641,737 23,6606,74311,03541,4381,69743,135
2015             
Q122,5446,77312,28541,60254342,145 23,6207,00213,35743,97956444,543
Q222,8606,76313,48843,11171143,821 23,8416,99814,51345,35161745,968
Q323,2216,75314,77944,7531,95846,711 24,0976,97816,09647,1701,80148,971
Q423,3956,97422,26352,6321,23853,870 24,2817,12321,47252,8761,18454,060
2016             
Q124,2667,06120,09751,42476552,188 25,0707,23320,04552,34883853,185
Q224,0757,04623,52554,64614054,786 24,9207,25724,75956,93721057,147
Q324,1647,17023,44354,7768654,862 24,9747,34024,19256,5066056,566
Q424,4997,28329,45561,2373,82165,058 25,3887,51028,21661,1143,64164,755
2017             
Q124,8297,33916,22048,388-59847,791 25,5487,49116,62549,664-53449,130
Q224,8457,43950,71082,9941,57584,569 25,4137,52151,67684,6111,49586,106
Q325,2397,62114,88447,7442,61150,355 25,8117,64615,41748,8742,40251,275
Q425,5437,81914,87448,23564348,879 26,0157,79614,34448,15580848,963
2018             
Q125,8957,94016,42250,2572,65752,914 26,1207,84416,20450,1682,64252,810
Q226,3687,99817,03551,402-23351,169 26,3788,05516,89051,324-15051,174
Q326,6688,18319,86754,718-33954,379 26,5658,20319,72454,492-33854,154
Q426,6448,09838,72673,468-73172,737 26,5688,13239,80574,505-78473,720
2019             
Q127,5468,54019,15055,2361,76957,006 27,0728,50218,63654,2101,85356,063
Q227,8498,64559,51096,004-90195,102 27,2518,52060,36596,136-88095,256
Q328,0728,72321,86158,65660759,263 27,3688,63521,31157,31456257,876
Q428,1088,91858,18495,2092495,234 27,3088,61861,71297,63721797,855
2020             
Q127,5009,08250,32386,9042,02088,924 26,3228,69349,92384,9392,00086,939
Q222,0059,83317,78449,6211,14150,762 21,3079,52417,77648,6071,29949,906
Q326,6569,99218,88855,536-11955,416 25,8469,53718,55053,933-34353,590
              
Percentage change on previous quarter
2014             
Q10.40.611.73.1 7.1 -0.10.315.23.7 7.1
Q21.72.8-5.70.0 -2.6 1.32.9-6.7-0.6 -3.0
Q30.9-0.716.34.3 4.7 0.6-3.221.35.1 5.4
Q41.3-0.40.10.7 4.9 1.3-1.2-10.3-2.5 1.2
2015             
Q1-0.01.315.44.3 1.0 -0.23.821.06.1 3.3
Q21.4-0.29.83.6 4.0 0.9-0.18.73.1 3.2
Q31.6-0.29.63.8 6.6 1.1-0.310.94.0 6.5
Q40.73.350.617.6 15.3 0.82.133.412.1 10.4
2016             
Q13.71.3-9.7-2.3 -3.1 3.31.5-6.6-1.0 -1.6
Q2-0.8-0.217.16.3 5.0 -0.60.323.58.8 7.4
Q30.41.8-0.40.2 0.1 0.21.1-2.3-0.8 -1.0
Q41.41.625.611.8 18.6 1.72.316.68.2 14.5
2017             
Q11.30.8-44.9-21.0 -26.5 0.6-0.2-41.1-18.7 -24.1
Q20.11.4212.671.5 77.0 -0.50.4210.870.4 75.3
Q31.62.4-70.6-42.5 -40.5 1.61.7-70.2-42.2 -40.5
Q41.22.6-0.11.0 -2.9 0.82.0-7.0-1.5 -4.5
2018             
Q11.41.610.44.2 8.3 0.40.613.04.2 7.9
Q21.80.73.72.3 -3.3 1.02.74.22.3 -3.1
Q31.12.316.66.5 6.3 0.71.816.86.2 5.8
Q4-0.1-1.094.934.3 33.8 0.0-0.9101.836.7 36.1
2019             
Q13.45.5-50.6-24.8 -21.6 1.94.6-53.2-27.2 -24.0
Q21.11.2210.873.8 66.8 0.70.2223.977.3 69.9
Q30.80.9-63.3-38.9 -37.7 0.41.4-64.7-40.4 -39.2
Q40.12.2166.262.3 60.7 -0.2-0.2189.670.4 69.1
2020             
Q1-2.21.8-13.5-8.7 -6.6 -3.60.9-19.1-13.0 -11.2
Q2-20.08.3-64.7-42.9 -42.9 -19.19.6-64.4-42.8 -42.6
Q321.11.66.211.9 9.2 21.30.14.411.0 7.4
1Chain linked series not additive
Annex 3A Components of Gross Domestic Fixed Capital Formation at Current Market Prices - Non-Seasonally Adjusted€million
PeriodDwellingsImprovementsOther Building and ConstructionTransfer CostsMachinery and Equipmentof which Other Transport EquipmentIntangible AssetsGross Domestic Fixed Capital Formation
20141,0971,9228,69483415,8687,67011,83440,247
20151,4921,8569,91791115,6396,37733,36063,175
20162,0362,19611,5501,14719,62510,48460,46097,015
20173,0592,58913,5831,10622,17414,37057,00599,517
20183,6543,22316,1361,38525,71416,62142,63692,749
20194,3772,95319,2731,48625,48816,853108,785162,362
         
2014        
Q12334831,6831634,1321,8402,8999,594
Q22694991,9721693,3771,7662,9669,252
Q33044932,3702244,1201,9082,67810,189
Q42914472,6692774,2392,1563,29111,212
 1,0971,9228,69483415,8687,67011,83440,247
2015        
Q13034611,8692424,1591,4274,94211,976
Q23304482,2112044,0851,9346,41613,694
Q34614452,6372203,3601,0027,05614,178
Q43985033,2002454,0352,01314,94623,327
 1,4921,8569,91791115,6396,37733,36063,175
2016        
Q14594781,9592604,9822,32911,06219,200
Q25225652,5602624,8532,81115,54524,306
Q35445883,2483134,5912,28513,51722,802
Q45115643,7833115,2003,05920,33730,707
 2,0362,19611,5501,14719,62510,48460,46097,015
2017        
Q16305962,6542696,1103,7705,18315,442
Q26916012,8542426,3764,45342,48653,251
Q38826203,6262503,9992,1545,03814,414
Q48577734,4493445,6893,9934,29816,409
 3,0592,58913,5831,10622,17414,37057,00599,517
2018        
Q17608822,9252955,5802,8194,93715,379
Q29208413,4173445,2732,9345,85916,654
Q31,0227794,5513446,4554,2986,45119,602
Q49527215,2434038,4066,57125,39041,115
 3,6543,22316,1361,38525,71416,62142,63692,749
2019        
Q19667373,6253286,2953,5555,75917,712
Q21,0237203,9153376,1104,25548,81560,920
Q31,2637905,4073766,0764,1278,06321,974
Q41,1257056,3264457,0064,91546,14861,756
 4,3772,95319,2731,48625,48816,853108,785162,362
2020        
Q11,1408174,008400n/a1n/a1n/a146,814
Q26675042,6802003,3861,8069,71517,151
Q31,1347984,8452254,6172,2357,40419,022
         
Percentage change on corresponding period of previous year
201423.114.612.171.623.425.621.820.6
201536.1-3.414.19.2-1.4-16.9181.957.0
201636.518.316.526.025.564.481.253.6
201750.217.917.6-3.613.037.1-5.72.6
201819.424.518.825.316.015.7-25.2-6.8
201919.8-8.419.47.3-0.91.4155.175.1
         
2014        
Q121.829.723.064.23.1-23.940.018.3
Q217.025.320.859.17.57.230.518.9
Q338.018.15.680.145.871.33.020.9
Q416.7-8.66.378.146.9132.818.723.7
2015        
Q130.0-4.611.048.50.6-22.470.424.8
Q222.9-10.412.120.621.09.5116.448.0
Q351.5-9.811.3-2.1-18.4-47.5163.539.2
Q436.912.619.9-11.7-4.8-6.6354.2108.1
2016        
Q151.63.84.87.419.863.2123.860.3
Q258.026.315.828.518.845.3142.377.5
Q318.232.323.242.736.6128.091.660.8
Q428.312.218.227.228.951.936.131.6
2017        
Q137.124.635.53.622.661.9-53.1-19.6
Q232.56.311.5-7.731.458.4173.3119.1
Q362.05.411.6-20.3-12.9-5.8-62.7-36.8
Q467.636.917.610.79.430.6-78.9-46.6
2018        
Q120.648.010.29.5-8.7-25.2-4.8-0.4
Q233.239.919.741.9-17.3-34.1-86.2-68.7
Q315.925.725.537.661.499.628.036.0
Q411.1-6.717.917.047.864.5490.8150.6
2019        
Q127.2-16.423.911.312.826.116.715.2
Q211.2-14.414.6-2.115.945.0733.2265.8
Q323.51.418.89.4-5.9-4.025.012.1
Q418.2-2.220.710.4-16.7-25.281.850.2
2020        
Q118.010.810.621.9n/a1n/a1n/a1164.3
Q2-34.9-30.1-31.5-40.5-44.6-57.6-80.1-71.8
Q3-10.21.0-10.4-40.2-24.0-45.9-8.2-13.4
1Data suppressed for confidentiality reasons
Annex 3B Components of Gross Domestic Fixed Capital Formation at Constant Prices (Chain linked annually and referenced to year 2018)1 - Non-Seasonally Adjusted€million
PeriodDwellingsImprovementsOther Building and ConstructionTransfer CostsMachinery and Equipmentof which Other Transport EquipmentIntangible AssetsGross Domestic Fixed Capital Formation
20141,1312,45211,1081,16416,3698,09112,32943,652
20151,5212,24512,0111,16215,8326,60332,94765,549
20162,0382,50113,1641,37019,96710,74158,83198,883
20172,9522,78314,6041,20722,25714,51954,39098,859
20183,6543,22316,1361,38525,71416,62142,63692,749
20194,1032,76918,0651,41225,40316,676110,383162,134
         
2014        
Q12536392,2282504,2791,9442,89110,412
Q22826292,5132473,4921,8633,13310,100
Q33126433,0743044,2462,0112,88111,166
Q42855423,2933644,3512,2723,42311,974
 1,1312,45211,1081,16416,3698,09112,32943,652
2015        
Q13265792,3493204,2361,4854,98912,725
Q23465482,7142644,1342,0066,55814,511
Q34655423,2142763,3971,0357,28715,049
Q43845763,7343034,0652,07714,11323,263
 1,5212,24512,0111,16215,8326,60332,94765,549
2016        
Q14595572,2973225,0712,38910,73619,652
Q25136442,9363214,9502,88115,39225,095
Q35536843,7513694,6862,34313,37323,515
Q45136164,1803585,2593,12719,33030,621
 2,0382,50113,1641,37019,96710,74158,83198,883
2017        
Q16426542,9213096,1423,8224,95815,461
Q26896553,1072726,3754,49940,64653,261
Q38326733,9192674,0202,1744,81614,255
Q47888024,6583595,7194,0233,97115,882
 2,9522,78314,6041,20722,25714,51954,39098,859
2018        
Q17849073,0453055,5742,8304,52014,959
Q29288483,4563465,2642,9345,41316,094
Q31,0097764,5403396,4354,2966,05218,929
Q49336915,0953958,4416,56026,65142,768
 3,6543,22316,1361,38525,71416,62142,63692,749
2019        
Q19167133,4993166,2943,5335,74117,478
Q29656843,7173226,0594,21947,64959,396
Q31,1737455,1043556,0184,0837,95821,354
Q41,0496265,7454207,0324,84149,03463,907
 4,1032,76918,0651,41225,40316,676110,383162,134
2020        
Q11,0697683,717381n/a2n/a2n/a248,913
Q26254712,4691913,4191,7759,72316,898
Q31,0617474,4672134,6492,1937,48318,620
         
Percentage change on corresponding period of previous year
201415.29.57.151.921.225.524.018.4
201534.5-8.58.1-0.2-3.3-18.4167.250.2
201634.011.49.617.926.162.778.650.9
201744.911.310.9-11.911.535.2-7.5-0.0
201823.815.810.514.815.514.5-21.6-6.2
201912.3-14.112.01.9-1.20.3158.974.8
         
2014        
Q118.218.715.053.81.5-23.939.515.1
Q29.418.114.441.66.17.235.017.4
Q330.517.33.156.743.471.15.819.6
Q44.9-12.81.154.343.3132.421.121.3
2015        
Q129.3-9.45.427.9-1.0-23.672.622.2
Q222.6-12.88.07.018.47.7109.343.7
Q349.3-15.74.6-9.2-20.0-48.5152.934.8
Q434.76.313.4-16.8-6.6-8.6312.294.3
2016        
Q140.6-3.7-2.20.719.760.9115.254.4
Q248.317.68.221.719.743.6134.772.9
Q318.926.116.733.738.0126.583.556.3
Q433.76.912.018.329.450.537.031.6
2017        
Q140.017.327.2-4.121.160.0-53.8-21.3
Q234.51.75.8-15.428.856.2164.1112.2
Q350.3-1.54.5-27.6-14.2-7.2-64.0-39.4
Q453.730.111.40.38.828.7-79.5-48.1
2018        
Q122.138.84.3-1.4-9.2-26.0-8.8-3.2
Q234.629.511.327.4-17.4-34.8-86.7-69.8
Q321.215.415.827.160.197.625.732.8
Q418.3-13.89.410.047.663.1571.1169.3
2019        
Q116.7-21.414.93.612.924.827.016.8
Q24.0-19.37.5-7.115.143.8780.2269.1
Q316.3-4.012.44.4-6.5-5.031.512.8
Q412.4-9.412.86.4-16.7-26.284.049.4
2020        
Q116.77.86.220.7n/a2n/a2n/a2179.9
Q2-35.2-31.2-33.6-40.7-43.6-57.9-79.6-71.5
Q3-9.60.2-12.5-39.8-22.8-46.3-6.0-12.8
1Chain linked series not additive
2Data suppressed for confidentiality reasons
Annex 3C Components of Gross Domestic Fixed Capital Formation at Current Market Prices & Constant Prices (Chain linked annually and referenced to year 2018)1 - Seasonally Adjusted€million
 CURRENT MARKET PRICES CONSTANT MARKET PRICES
PeriodAll Building and Construction (including Dwellings, Improvements, other B&C and Transfer Costs)2Machinery and EquipmentIntangible AssetsGross Domestic Fixed Capital Formation All Building and Construction (including Dwellings, Improvements, other B&C and Transfer Costs)2Machinery and EquipmentIntangible AssetsGross Domestic Fixed Capital Formation
2014         
Q13,0313,7192,9469,695 3,8673,7363,26910,872
Q23,1483,0722,9189,138 3,9623,2162,96610,144
Q33,1424,7102,77810,630 3,9604,8243,52312,307
Q43,1774,2593,20710,643 3,8634,3492,82311,035
2015         
Q13,4063,8155,06412,285 4,1323,7295,49613,357
Q23,4583,8756,15513,488 4,1903,9956,32814,513
Q33,5163,9777,28614,779 4,1613,9617,97416,096
Q43,7093,83914,71522,263 4,2953,84113,33621,472
2016         
Q13,6974,77111,62820,097 4,1894,71911,13720,045
Q24,2224,69414,60923,525 4,7674,93315,05924,759
Q34,3875,27213,78423,443 4,9415,32713,92424,192
Q44,4964,75520,20429,455 4,9804,78218,45428,216
2017         
Q14,7916,0055,42416,220 5,1725,9465,50716,625
Q24,8296,32539,55650,710 5,1966,52139,95951,676
Q35,1144,6475,12314,884 5,3774,5805,46015,417
Q45,6155,0504,20814,874 5,8385,0953,41014,344
2018         
Q15,6125,5845,22616,422 5,7665,4454,99316,204
Q26,0895,3415,60517,035 6,1365,5115,24316,890
Q36,3167,0596,49319,867 6,2476,9436,53319,724
Q46,2317,61324,88338,726 6,1497,70725,94939,805
2019         
Q16,6566,3566,13819,150 6,3656,2256,04718,636
Q26,7386,40146,37259,510 6,3756,56447,42660,365
Q37,2066,5438,11221,861 6,7286,3218,26221,311
Q47,2696,11144,80358,184 6,7326,22848,75261,712
2020         
Q17,377n/a3n/a350,323 6,826n/a3n/a349,923
Q24,5683,7749,44117,784 4,2234,0079,54517,776
Q36,4435,0217,42418,888 5,9154,8977,73918,550
          
Percentage change on previous quarter
2014         
Q12.620.911.311.7 1.616.634.515.2
Q23.9-17.4-1.0-5.7 2.5-13.9-9.3-6.7
Q3-0.253.3-4.816.3 -0.150.018.821.3
Q41.1-9.615.50.1 -2.5-9.9-19.9-10.3
2015         
Q17.2-10.457.915.4 7.0-14.394.721.0
Q21.51.621.59.8 1.47.115.18.7
Q31.72.718.49.6 -0.7-0.926.010.9
Q45.5-3.5102.050.6 3.2-3.067.233.4
2016         
Q1-0.324.3-21.0-9.7 -2.522.9-16.5-6.6
Q214.2-1.625.617.1 13.84.535.223.5
Q33.912.3-5.6-0.4 3.68.0-7.5-2.3
Q42.5-9.846.625.6 0.8-10.232.516.6
2017         
Q16.626.3-73.2-44.9 3.924.3-70.2-41.1
Q20.85.3629.2212.6 0.59.7625.6210.8
Q35.9-26.5-87.0-70.6 3.5-29.8-86.3-70.2
Q49.88.7-17.9-0.1 8.611.2-37.5-7.0
2018         
Q1-0.010.624.210.4 -1.26.946.413.0
Q28.5-4.47.33.7 6.41.25.04.2
Q33.732.215.816.6 1.826.024.616.8
Q4-1.47.9283.294.9 -1.611.0297.2101.8
2019         
Q16.8-16.5-75.3-50.6 3.5-19.2-76.7-53.2
Q21.20.7655.4210.8 0.25.4684.3223.9
Q36.92.2-82.5-63.3 5.5-3.7-82.6-64.7
Q40.9-6.6452.3166.2 0.1-1.5490.0189.6
2020         
Q11.5n/a3n/a3-13.5 1.4n/a3n/a3-19.1
Q2-38.1n/a3n/a3-64.7 -38.1n/a3n/a3-64.4
Q341.033.0-21.46.2 40.122.2-18.94.4
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
Annex 4A Modified Total Domestic Demand at Current Market Prices & Constant Prices (Chain linked annually and referenced to year 2018)1 - Non-Seasonally Adjusted€million
 CURRENT MARKET PRICES CONSTANT MARKET PRICES
PeriodPersonal Consumption of Goods and ServicesNet Exp. by Central and Local Government on Current Goods and ServicesModified Gross Domestic Fixed Capital FormationModified Final Domestic DemandValue of Physical Changes in StocksModified Total Domestic Demand Personal Consumption of Goods and ServicesNet Exp. by Central and Local Government on Current Goods and ServicesModified Gross Domestic Fixed Capital FormationModified Final Domestic DemandValue of Physical Changes in StocksModified Total Domestic Demand
201488,59926,72725,921141,2473,091144,338 92,68827,46829,784150,2412,849153,031
201592,01627,26530,003149,2854,467153,752 95,63828,11133,147157,0194,167161,303
201697,00128,56233,793159,3554,818164,173 100,38429,35836,402166,1924,735171,091
2017100,50130,22537,322168,0484,249172,297 102,77530,46638,731171,9814,164176,271
2018105,62632,22741,469179,3221,352180,674 105,62632,22741,469179,3221,352180,674
2019111,63134,82943,709190,1691,486191,655 108,98634,26541,987185,2381,736186,974
              
2014             
Q121,1806,4885,97333,6411,15034,790 22,3176,7596,96236,1371,05237,244
Q221,4176,7655,93134,11312834,242 22,3907,0476,84936,41013836,430
Q322,0136,7666,69035,47054736,016 22,9136,8977,75337,60648738,035
Q423,9896,7087,32638,0231,26739,290 25,0696,7658,22040,0881,17341,323
 88,59926,72725,921141,2473,091144,338 92,68827,46829,784150,2412,849153,031
2015             
Q122,0586,6887,40736,15359336,746 23,1306,9258,31838,38554738,890
Q222,1286,7657,22136,11390437,018 22,9966,9868,05638,06981038,878
Q323,0086,8127,83337,6532,32239,976 23,7557,0298,70539,4862,19441,882
Q424,8227,0017,54239,36564740,012 25,7567,1718,06941,07961641,654
 92,01627,26530,003149,2854,467153,752 95,63828,11133,147157,0194,167161,303
2016             
Q123,8036,9727,69938,47473639,210 24,7507,1498,35240,29075941,041
Q223,2757,0437,85938,17740838,585 24,0027,2328,52339,78146940,207
Q323,9817,2378,90740,12647940,605 24,6957,3989,68941,76251042,229
Q425,9417,3099,32842,5783,19645,774 26,9377,5799,83844,3582,99747,615
 97,00128,56233,793159,3554,818164,173 100,38429,35836,402166,1924,735171,091
2017             
Q124,3787,2448,45740,079-68539,394 25,1367,3858,90641,447-64440,733
Q224,0057,4348,99640,4351,90242,337 24,4687,4789,43141,3761,80243,257
Q325,1067,7119,33442,1503,02845,178 25,6017,7469,71043,0602,90246,106
Q427,0127,83610,53645,384445,388 27,5707,85710,68446,09810546,175
 100,50130,22537,322168,0484,249172,297 102,77530,46638,731171,9814,164176,271
2018             
Q125,3767,8209,61842,8132,49245,305 25,6597,7089,79643,1642,49145,750
Q225,5208,0079,74943,27517243,447 25,4548,0159,80943,28521343,493
Q326,5608,29810,66945,5279345,620 26,3958,35110,62045,36719645,556
Q428,1718,10211,43447,707-1,40446,303 28,1198,15211,24547,507-1,54845,875
 105,62632,22741,469179,3221,352180,674 105,62632,22741,469179,3221,352180,674
2019             
Q126,9118,38410,15845,4531,56447,017 26,5208,3599,93444,8131,69046,503
Q227,0098,6789,59245,279-42344,856 26,3788,4899,26944,136-47043,666
Q327,9778,86511,89848,7401,01949,759 27,1978,81411,41247,4231,10348,525
Q429,7338,90212,06050,695-67350,022 28,8918,60311,37248,866-58648,280
 111,63134,82943,709190,1691,486191,655 108,98634,26541,987185,2381,736186,974
2020             
Q126,7868,89310,32346,0021,80847,810 25,8318,5469,88044,2581,83946,097
Q221,3849,9027,20238,4881,66740,155 20,6859,5116,99737,1931,73438,927
Q326,56010,15911,29348,01226848,279 25,6569,72310,90846,28719946,487
              
Percentage change on corresponding period of previous year
20143.44.014.65.4 7.4 2.43.910.74.1 6.2
20153.92.015.75.7 6.5 3.22.311.34.5 5.4
20165.44.812.66.7 6.8 5.04.49.85.8 6.1
20173.65.810.45.5 4.9 2.43.86.43.5 3.0
20185.16.611.16.7 4.9 2.85.87.14.3 2.5
20195.78.15.46.0 6.1 3.26.31.23.3 3.5
              
2014             
Q12.05.917.75.2 7.6 1.57.512.94.5 6.5
Q23.65.319.26.4 5.5 2.49.615.35.8 4.9
Q33.52.511.44.7 4.7 2.30.68.83.1 3.2
Q44.22.411.75.3 11.7 3.1-1.37.03.0 9.9
2015             
Q14.13.124.07.5 5.6 3.62.519.56.2 4.4
Q23.3-0.021.75.9 8.1 2.7-0.917.64.6 6.7
Q34.50.717.16.2 11.0 3.71.912.35.0 10.1
Q43.54.42.93.5 1.8 2.76.0-1.82.5 0.8
2016             
Q17.94.33.96.4 6.7 7.03.20.45.0 5.5
Q25.24.18.85.7 4.2 4.43.55.84.5 3.4
Q34.26.213.76.6 1.6 4.05.311.35.8 0.8
Q44.54.423.78.2 14.4 4.65.721.98.0 14.3
2017             
Q12.43.99.84.2 0.5 1.63.36.62.9 -0.7
Q23.15.614.55.9 9.7 1.93.410.74.0 7.6
Q34.76.54.85.0 11.3 3.74.70.23.1 9.2
Q44.17.213.06.6 -0.8 2.33.78.63.9 -3.0
2018             
Q14.17.913.76.8 15.0 2.14.410.04.1 12.3
Q26.37.78.47.0 2.6 4.07.24.04.6 0.5
Q35.87.614.38.0 1.0 3.17.89.45.4 -1.2
Q44.33.48.55.1 2.0 2.03.85.33.1 -0.7
2019             
Q16.17.25.66.2 3.8 3.48.41.43.8 1.6
Q25.88.4-1.64.6 3.2 3.65.9-5.52.0 0.4
Q35.36.811.57.1 9.1 3.05.57.54.5 6.5
Q45.59.95.56.3 8.0 2.75.51.12.9 5.2
2020             
Q1-0.56.11.61.2 1.7 -2.62.2-0.5-1.2 -0.9
Q2-20.814.1-24.9-15.0 -10.5 -21.612.0-24.5-15.7 -10.9
Q3-5.114.6-5.1-1.5 -3.0 -5.710.3-4.4-2.4 -4.2
1Chain linked series not additive
Annex 4B Modified Total Domestic Demand at Current Market Prices & Constant Prices (Chain linked annually and referenced to year 2018)1 - Seasonally Adjusted€million
 CURRENT MARKET PRICES CONSTANT MARKET PRICES
PeriodPersonal Consumption of Goods and ServicesNet Exp. by Central and Local Government on Current Goods and ServicesModified Gross Domestic Fixed Capital FormationModified Final Domestic DemandValue of Physical Changes in StocksModified Total Domestic Demand Personal Consumption of Goods and ServicesNet Exp. by Central and Local Government on Current Goods and ServicesModified Gross Domestic Fixed Capital FormationModified Final Domestic DemandValue of Physical Changes in StocksModified Total Domestic Demand
2014             
Q121,6946,5746,09134,3591,04735,406 22,9346,8537,07236,8581,02237,880
Q222,0736,7566,20535,0351135,046 23,2247,0537,19537,4721737,489
Q322,2616,7096,62835,59817535,773 23,3626,8267,60737,79512037,915
Q422,5536,6856,91636,1551,85638,011 23,6606,7437,77738,1801,69739,877
2015             
Q122,5446,7737,61936,93654337,479 23,6207,0028,46539,08756439,652
Q222,8606,7637,53237,15571137,866 23,8416,9988,37039,20861739,825
Q323,2216,7537,74937,7231,95839,681 24,0976,9788,48539,5591,80141,360
Q423,3956,9746,97737,3461,23838,584 24,2817,1237,64139,0451,18440,229
2016             
Q124,2667,0617,99539,32276540,086 25,0707,2338,54640,84983841,686
Q224,0757,0468,21239,33314039,473 24,9207,2578,89041,06821041,278
Q324,1647,1708,72740,0618640,147 24,9747,3409,43941,7536041,813
Q424,4997,2838,72340,5053,82144,326 25,3887,5109,33542,2333,64145,874
2017             
Q124,8297,3398,86941,037-59840,440 25,5487,4919,30042,339-53441,805
Q224,8457,4399,50641,7911,57543,366 25,4137,5219,91342,8471,49544,343
Q325,2397,6219,12941,9892,61144,599 25,8117,6469,47442,9302,40245,332
Q425,5437,8199,79043,15164343,795 26,0157,79610,09443,90580844,713
2018             
Q125,8957,94010,17944,0132,65746,671 26,1207,84410,26444,2282,64246,869
Q226,3687,99810,40144,768-23344,535 26,3788,05510,41144,845-15044,695
Q326,6688,18310,29245,143-33944,804 26,5658,20310,24945,017-33844,679
Q426,6448,09810,42045,162-73144,431 26,5688,13210,41745,117-78444,333
2019             
Q127,5468,54010,96547,0521,76948,821 27,0728,50210,64446,2181,85348,071
Q227,8498,64510,51647,009-90146,108 27,2518,52010,12645,896-88045,017
Q328,0728,72311,19247,98760748,594 27,3688,63510,69946,70256247,264
Q428,1088,91810,82147,8462447,871 27,3088,61810,35746,28321746,500
2020             
Q127,5009,08211,13447,7152,02049,735 26,3228,69310,54445,5592,00047,559
Q222,0059,8337,92139,7581,14140,900 21,3079,5247,64538,4771,29939,776
Q326,6569,99210,63547,283-11947,164 25,8469,53710,27645,658-34345,315
              
Percentage change on previous quarter
2014             
Q10.40.6-2.20.0 4.2 -0.10.3-3.4-0.7 3.0
Q21.72.81.92.0 -1.0 1.32.91.71.7 -1.0
Q30.9-0.76.81.6 2.1 0.6-3.25.70.9 1.1
Q41.3-0.44.31.6 6.3 1.3-1.22.21.0 5.2
2015             
Q1-0.01.310.22.2 -1.4 -0.23.88.92.4 -0.6
Q21.4-0.2-1.10.6 1.0 0.9-0.1-1.10.3 0.4
Q31.6-0.22.91.5 4.8 1.1-0.31.40.9 3.9
Q40.73.3-10.0-1.0 -2.8 0.82.1-9.9-1.3 -2.7
2016             
Q13.71.314.65.3 3.9 3.31.511.84.6 3.6
Q2-0.8-0.22.70.0 -1.5 -0.60.34.00.5 -1.0
Q30.41.86.31.9 1.7 0.21.16.21.7 1.3
Q41.41.6-0.01.1 10.4 1.72.3-1.11.1 9.7
2017             
Q11.30.81.71.3 -8.8 0.6-0.2-0.40.3 -8.9
Q20.11.47.21.8 7.2 -0.50.46.61.2 6.1
Q31.62.4-4.00.5 2.8 1.61.7-4.40.2 2.2
Q41.22.67.22.8 -1.8 0.82.06.62.3 -1.4
2018             
Q11.41.64.02.0 6.6 0.40.61.70.7 4.8
Q21.80.72.21.7 -4.6 1.02.71.41.4 -4.6
Q31.12.3-1.00.8 0.6 0.71.8-1.60.4 -0.0
Q4-0.1-1.01.20.0 -0.8 0.0-0.91.60.2 -0.8
2019             
Q13.45.55.24.2 9.9 1.94.62.22.4 8.4
Q21.11.2-4.1-0.1 -5.6 0.70.2-4.9-0.7 -6.4
Q30.80.96.42.1 5.4 0.41.45.71.8 5.0
Q40.12.2-3.3-0.3 -1.5 -0.2-0.2-3.2-0.9 -1.6
2020             
Q1-2.21.82.9-0.3 3.9 -3.60.91.8-1.6 2.3
Q2-20.08.3-28.9-16.7 -17.8 -19.19.6-27.5-15.5 -16.4
Q321.11.634.318.9 15.3 21.30.134.418.7 13.9
1Chain linked series not additive
Annex 4C Components of Modified Gross Domestic Fixed Capital Formation at Current Market Prices - Non-Seasonally Adjusted€million
PeriodDwellingsImprovementsOther Building and ConstructionTransfer CostsMachinery and Equipment excluding Aircraft related to LeasingIntangible Assets excluding R&D service imports and trade in IPModified Gross Domestic Fixed Capital FormationAircraft related to LeasingR&D service imports and trade in IP
20141,0971,9228,6948349,1724,20425,9216,6967,630
20151,4921,8569,91791110,4715,35630,0035,16828,004
20162,0362,19611,5501,14712,4884,37533,7937,13756,085
20173,0592,58913,5831,10610,6286,35737,32211,54750,648
20183,6543,22316,1361,38511,1385,93341,46914,57636,703
20194,3772,95319,2731,48611,2934,32743,70914,195104,458
          
2014         
Q12334831,6831632,3311,0805,9731,8011,820
Q22694991,9721691,9681,0545,9311,4091,911
Q33044932,3702242,2851,0146,6901,8351,664
Q42914472,6692772,5881,0567,3261,6512,235
 1,0971,9228,6948349,1724,20425,9216,6967,630
2015         
Q13034611,8692423,0851,4477,4071,0743,495
Q23304482,2112042,6271,4017,2211,4585,015
Q34614452,6372202,8781,1937,8334825,863
Q43985033,2002451,8811,3147,5422,15413,632
 1,4921,8569,91791110,4715,35630,0035,16828,004
2016         
Q14594781,9592603,4871,0557,6991,49510,007
Q25225652,5602622,9021,0487,8591,95114,496
Q35445883,2483133,0691,1458,9071,52212,372
Q45115643,7833113,0311,1279,3282,16919,210
 2,0362,19611,5501,14712,4884,37533,7937,13756,085
2017         
Q16305962,6542692,6601,6488,4573,4503,536
Q26916012,8542423,0741,5338,9963,30240,953
Q38826203,6262502,4121,5449,3341,5873,493
Q48577734,4493442,4811,63310,5363,2082,665
 3,0592,58913,5831,10610,6286,35737,32211,54750,648
2018         
Q17608822,9252953,3301,4269,6182,2503,511
Q29208413,417344n/a1n/a19,749n/a1n/a1
Q31,0227794,5513442,4161,55710,6694,0394,894
Q49527215,243403n/a1n/a111,434n/a1n/a1
 3,6543,22316,1361,38511,1385,93341,46914,57636,703
2019         
Q19667373,6253283,3431,15810,1582,9524,601
Q21,0237203,915337n/a1n/a19,592n/a1n/a1
Q31,2637905,407376n/a1n/a111,898n/a1n/a1
Q41,1257056,326445n/a1n/a112,060n/a1n/a1
 4,3772,95319,2731,48611,2934,32743,70914,195104,458
2020         
Q11,1408174,008400n/a1n/a110,323n/a1n/a1
Q26675042,6802001,7901,3627,2021,5968,353
Q31,1347984,8452252,8991,39211,2931,7186,012
          
Percentage change on corresponding period of previous year
201423.114.612.171.613.912.014.639.328.0
201536.1-3.414.19.214.227.415.7-22.8267.0
201636.518.316.526.019.3-18.312.638.1100.3
201750.217.917.6-3.6-14.945.310.461.8-9.7
201819.424.518.825.34.8-6.711.126.2-27.5
201919.8-8.419.47.31.4-27.15.4-2.6184.6
          
2014         
Q121.829.723.064.27.323.717.7-2.051.9
Q217.025.320.859.117.413.119.2-3.842.6
Q338.018.15.680.111.86.311.4134.81.1
Q416.7-8.66.378.119.76.311.7128.125.6
2015         
Q130.0-4.611.048.532.334.024.0-40.492.0
Q222.9-10.412.120.633.532.921.73.5162.4
Q351.5-9.811.3-2.126.017.717.1-73.7252.4
Q436.912.619.9-11.7-27.324.52.930.5510.0
2016         
Q151.63.84.87.413.0-27.13.939.2186.3
Q258.026.315.828.510.5-25.28.833.8189.1
Q318.232.323.242.76.6-4.113.7215.8111.0
Q428.312.218.227.261.1-14.323.70.740.9
2017         
Q137.124.635.53.6-23.756.19.8130.8-64.7
Q232.56.311.5-7.76.046.214.569.2182.5
Q362.05.411.6-20.3-21.434.94.84.3-71.8
Q467.636.917.610.7-18.144.913.047.9-86.1
2018         
Q120.648.010.29.525.2-13.413.7-34.8-0.7
Q233.239.919.741.9n/a1n/a18.4n/a1n/a1
Q315.925.725.537.60.20.814.3154.540.1
Q411.1-6.717.917.0n/a1n/a18.5n/a1n/a1
2019         
Q127.2-16.423.911.30.4-18.85.631.231.1
Q211.2-14.414.6-2.1n/a1n/a1-1.6n/a1n/a1
Q323.51.418.89.4n/a1n/a111.5n/a1n/a1
Q418.2-2.220.710.4n/a1n/a15.5n/a1n/a1
2020         
Q118.010.810.621.9n/a1n/a11.6n/a1n/a1
Q2-34.9-30.1-31.5-40.5n/a1n/a1-24.9n/a1n/a1
Q3-10.21.0-10.4-40.2n/a1n/a1-5.1n/a1n/a1
1Data suppressed for confidentiality reasons
Annex 4D Components of Modified Gross Domestic Fixed Capital Formation at Constant Prices (Chain linked annually and referenced to year 2018)1 - Non-Seasonally Adjusted€million
PeriodDwellingsImprovementsOther Building and ConstructionTransfer CostsMachinery and Equipment excluding Aircraft related to LeasingIntangible Assets excluding R&D service imports and trade in IPModified Gross Domestic Fixed Capital FormationAircraft related to LeasingR&D service imports and trade in IP
20141,1312,45211,1081,1649,3074,74829,7847,0137,858
20151,5212,24512,0111,16210,3855,81433,1475,35527,266
20162,0382,50113,1641,37012,5384,66536,4027,33953,815
20172,9522,78314,6041,20710,5506,64138,73111,68947,657
20183,6543,22316,1361,38511,1385,93341,46914,57636,703
20194,1032,76918,0651,41211,4664,17241,98713,938106,210
          
2014         
Q12536392,2282502,3761,1766,9621,8901,787
Q22826292,5132472,0061,2106,8491,4761,994
Q33126433,0743042,3141,1787,7531,9201,776
Q42855423,2933642,6101,1858,2201,7272,300
 1,1312,45211,1081,1649,3074,74829,7847,0137,858
2015         
Q13265792,3493203,0821,5408,3181,1193,528
Q23465482,7142642,6001,5498,0561,5145,070
Q34655423,2142762,8591,3218,7054985,998
Q43845763,7343031,8441,4038,0692,22412,671
 1,5212,24512,0111,16210,3855,81433,1475,35527,266
2016         
Q14595572,2973223,4951,0608,3521,5409,634
Q25136442,9363212,9281,1408,5232,00714,152
Q35536843,7513693,0921,2579,6891,56612,056
Q45136164,1803583,0221,2089,8382,22617,973
 2,0382,50113,1641,37012,5384,66536,4027,33953,815
2017         
Q16426542,9213092,6401,7088,9063,5043,352
Q26896553,1072723,0281,6239,4313,34238,619
Q38326733,9192672,4001,6419,7101,6053,273
Q47888024,6583592,4831,67010,6843,2382,413
 2,9522,78314,6041,20710,5506,64138,73111,68947,657
2018         
Q17849073,0453053,2971,4109,7962,2593,187
Q29288483,456346n/a2n/a29,809n/a2n/a2
Q31,0097764,5403392,4041,57710,6204,0384,547
Q49336915,095395n/a2n/a211,245n/a2n/a2
 3,6543,22316,1361,38511,1385,93341,46914,57636,703
2019         
Q19167133,4993163,3831,1099,9342,9114,633
Q29656843,717322n/a2n/a29,269n/a2n/a2
Q31,1737455,104355n/a2n/a211,412n/a2n/a2
Q41,0496265,745420n/a2n/a211,372n/a2n/a2
 4,1032,76918,0651,41211,4664,17241,98713,938106,210
2020         
Q11,0697683,717381n/a2n/a29,880n/a2n/a2
Q26254712,4691911,8631,3786,9971,5578,345
Q31,0617474,4672132,9761,44510,9081,6736,039
          
Percentage change on corresponding period of previous year
201415.29.57.151.910.712.210.738.831.4
201534.5-8.58.1-0.211.622.411.3-23.6247.0
201634.011.49.617.920.7-19.89.837.097.4
201744.911.310.9-11.9-15.942.46.459.3-11.4
201823.815.810.514.85.6-10.77.124.7-23.0
201912.3-14.112.01.92.9-29.71.2-4.4189.4
          
2014         
Q118.218.715.053.84.522.812.9-2.251.5
Q29.418.114.441.614.815.015.3-4.148.9
Q330.517.33.156.78.97.18.8133.85.1
Q44.9-12.81.154.315.55.47.0127.029.9
2015         
Q129.3-9.45.427.929.731.019.5-40.897.4
Q222.6-12.88.07.029.628.117.62.6154.2
Q349.3-15.74.6-9.223.512.212.3-74.1237.7
Q434.76.313.4-16.8-29.418.4-1.828.8450.8
2016         
Q140.6-3.7-2.20.713.4-31.20.437.6173.1
Q248.317.68.221.712.6-26.45.832.6179.1
Q318.926.116.733.78.2-4.911.3214.4101.0
Q433.76.912.018.363.9-13.921.90.141.8
2017         
Q140.017.327.2-4.1-24.561.16.6127.6-65.2
Q234.51.75.8-15.43.442.410.766.5172.9
Q350.3-1.54.5-27.6-22.430.50.22.5-72.9
Q453.730.111.40.3-17.838.28.645.5-86.6
2018         
Q122.138.84.3-1.424.9-17.510.0-35.5-4.9
Q234.629.511.327.4n/a2n/a24.0n/a2n/a2
Q321.215.415.827.10.2-3.89.4151.638.9
Q418.3-13.89.410.0n/a2n/a25.3n/a2n/a2
2019         
Q116.7-21.414.93.62.6-21.41.428.945.3
Q24.0-19.37.5-7.1n/a2n/a2-5.5n/a2n/a2
Q316.3-4.012.44.4n/a2n/a27.5n/a2n/a2
Q412.4-9.412.86.4n/a2n/a21.1n/a2n/a2
2020         
Q116.77.86.220.7n/a2n/a2-0.5n/a2n/a2
Q2-35.2-31.2-33.6-40.7n/a2n/a2-24.5n/a2n/a2
Q3-9.60.2-12.5-39.8n/a2n/a2-4.4n/a2n/a2
1Chain linked series not additive
2Data suppressed for confidentiality reasons
Annex 4E Components of Modified Gross Domestic Fixed Capital Formation at Current Market Prices & Constant Prices (Chain linked annually and referenced to year 2018)1 - Seasonally Adjusted€million
 CURRENT MARKET PRICES CONSTANT MARKET PRICES
PeriodAll Building and Construction (including Dwellings, Improvements, other B&C and Transfer Costs)2Machinery and Equipment excluding Aircraft related to LeasingIntangible Assets excluding R&D service imports and trade in IPModified Gross Domestic Fixed Capital Formation All Building and Construction (including Dwellings, Improvements, other B&C and Transfer Costs)2Machinery and Equipment excluding Aircraft related to LeasingIntangible Assets excluding R&D service imports and trade in IPModified Gross Domestic Fixed Capital Formation
2014         
Q13,0312,0091,0526,091 3,8672,0071,1987,072
Q23,1482,0011,0566,205 3,9622,0241,2087,195
Q33,1422,4191,0676,628 3,9602,4261,2217,607
Q43,1772,7081,0326,916 3,8632,7251,1897,777
2015         
Q13,4062,8071,4067,619 4,1322,7731,5608,465
Q23,4582,6611,4147,532 4,1902,6241,5568,370
Q33,5162,9901,2437,749 4,1612,9601,3638,485
Q43,7091,9861,2836,977 4,2951,9261,4207,641
2016         
Q13,6973,2641,0337,995 4,1893,2771,0808,546
Q24,2222,9271,0638,212 4,7672,9631,1608,890
Q34,3873,1611,1808,727 4,9413,1981,3009,439
Q44,4963,1371,0908,723 4,9803,1351,2209,335
2017         
Q14,7912,4361,6428,869 5,1722,4231,7059,300
Q24,8293,1181,5599,506 5,1963,0881,6299,913
Q35,1142,4501,5649,129 5,3772,4481,6489,474
Q45,6152,5961,5799,790 5,8382,6021,65410,094
2018         
Q15,6123,1241,44210,179 5,7663,0901,40810,264
Q26,089n/a3n/a310,401 6,136n/a3n/a310,411
Q36,3162,4241,55310,292 6,2472,4221,57910,249
Q46,231n/a3n/a310,420 6,149n/a3n/a310,417
2019         
Q16,6563,1251,18410,965 6,3653,1681,11110,644
Q26,738n/a3n/a310,516 6,375n/a3n/a310,126
Q37,206n/a3n/a311,192 6,728n/a3n/a310,699
Q47,269n/a3n/a310,821 6,732n/a3n/a310,357
2020         
Q17,377n/a3n/a311,134 6,826n/a3n/a310,544
Q24,5681,9741,3797,921 4,2232,0381,3847,645
Q36,4432,8271,36610,635 5,9152,9191,44210,276
          
Percentage change on previous quarter
2014         
Q12.6-12.98.8-2.2 1.6-16.37.3-3.4
Q23.9-0.40.41.9 2.50.90.81.7
Q3-0.220.91.16.8 -0.119.81.15.7
Q41.111.9-3.34.3 -2.512.3-2.62.2
2015         
Q17.23.736.210.2 7.01.831.28.9
Q21.5-5.20.5-1.1 1.4-5.4-0.3-1.1
Q31.712.4-12.02.9 -0.712.8-12.41.4
Q45.5-33.63.2-10.0 3.2-35.04.2-9.9
2016         
Q1-0.364.4-19.414.6 -2.570.2-24.011.8
Q214.2-10.32.82.7 13.8-9.67.44.0
Q33.98.011.06.3 3.67.912.16.2
Q42.5-0.8-7.6-0.0 0.8-2.0-6.2-1.1
2017         
Q16.6-22.450.71.7 3.9-22.739.8-0.4
Q20.828.0-5.17.2 0.527.4-4.56.6
Q35.9-21.40.3-4.0 3.5-20.71.2-4.4
Q49.85.91.07.2 8.66.30.36.6
2018         
Q1-0.020.4-8.74.0 -1.218.7-14.91.7
Q28.5n/a3n/a32.2 6.4n/a3n/a31.4
Q33.7n/a3n/a3-1.0 1.8n/a3n/a3-1.6
Q4-1.4n/a3n/a31.2 -1.6n/a3n/a31.6
2019         
Q16.8n/a3n/a35.2 3.5n/a3n/a32.2
Q21.2n/a3n/a3-4.1 0.2n/a3n/a3-4.9
Q36.9n/a3n/a36.4 5.5n/a3n/a35.7
Q40.9n/a3n/a3-3.3 0.1n/a3n/a3-3.2
2020         
Q11.5n/a3n/a32.9 1.4n/a3n/a31.8
Q2-38.1n/a3n/a3-28.9 -38.1n/a3n/a3-27.5
Q341.043.2-0.934.3 40.143.24.134.4
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

Background Notes

Introduction 

This release gives the official quarterly national accounts estimates for Ireland. It provides the first set of results for quarter 3 of 2020.

National accounts are compiled in the EU according to the European System of National and Regional Accounts (ESA 2010) framework. In 2014, the new ESA 2010 framework replaced the previous ESA 95 version and all EU member states were required to adopt ESA 2010 by September 2014.  ESA 2010 is the European version of the current UN mandated international standards for national accounts statistics, the System of National Accounts (SNA) 2008. 

The aggregates shown have been derived from a wide variety of sources. As some of the available sources are of lesser reliability than those used for the annual national accounts, the quarterly estimates given in this release have a higher margin of error than the annual figures.

Revisions

Minor revisions have been made to the previously published figures for 2020.

Nace Classification

In compliance with EU regulations the Nace Rev. 2 classification system is used in Tables 1, 2, 5 and 6. (The national classification system that was used up to and including the Q4 2011 QNA results that were published in March 2012 was replaced with the Nace Rev. 2 classification system in the Q1 2012 results published in July 2012).

The results for the economy are shown for 10 sectors (Nace A10) at Basic Prices. The contents of the sectors conform to the Nace Rev. 2 system. The “Publishing” and “Software” industries are classified in the sector “Information and communication.”

Tables 1, 2, 5 and 6 show a full A10 breakdown that replaces the five sectors used up to QNA Q4 2016. The correspondence with the relevant sections of NACE Rev.2 is as follows:

Agriculture, forestry and fishing Section A
Industry (excluding Construction) Sections B,C,D,E
Of which: Manufacturing Section C
Construction Section F
Distribution, transport, hotels and restaurants Sections G,H,I
Information and communication Section J
Financial and insurance activities Section K
Real estate activities Section L
Professional, admin and support services Sections M,N
Public admin, education and health Sections O,P,Q
Arts, entertainment and other services Sections R,S,T

For further information on the Nace Rev. 2 classification of industrial activity, visit the CSO website.

Current Price

For the annual accounts, GDP at current prices is calculated using two independent approaches i.e. the income and expenditure methods. Since the Q1 2018 reference quarter results published in July 2018, GDP at current prices has been calculated using two independent methods, namely current price output and current price expenditure. The output estimates in current prices are supplied in Table 2; the expenditure estimates in current prices are supplied in Table 4. 

Volumes

At constant prices, two measures (output and expenditure) are similarly used. These measures are produced using annual chain linked indices. On the output side, for each quarter, the volume growth measures at a detailed level are weighted together using value added weights of the previous year. Similarly, on the expenditure side, the growth estimates are weighted by expenditure weights of the previous year.  The average of the two measures is the growth measure used. The change over a period of years is then calculated by linking together the annual changes. The estimates in this release are referenced to 2018 values. A consequence of this method is that the individual components of GDP at reference year values do not add to the total.

Definitions

Gross Domestic Product (GDP) represents the total value added (output) in the production of goods and services in the country.

Net factor income from the rest of the world (NFI) is the difference between investment income (interest, profits etc.) and labour income earned abroad by Irish resident persons and companies (inflows) and similar incomes earned in Ireland by non-residents (outflows). The data are taken from the Balance of International Payments statistics that are based on the BPM6 framework. The components of interest flows involving banks in the Net factor income item in the national accounts are constructed on the basis of “pure” interest rates (that is exclusive of FISIM). Under BPM5 based Balance of International Payments data released previously, this FISIM adjustment was not carried out. However, under the BPM6 framework introduced in 2014, FISIM is now being treated as part of financial services, rather than income, bringing it into line with the treatment of FISIM in national accounts statistics. The deflator used to generate the constant price figures is based on the implied quarterly price index for the exports of goods and services. In some years exceptional income payments have had to be deflated individually.

Gross National Product (GNP) is the sum of GDP and NFI. Because NFI is the difference between two large gross flows, its magnitude can fluctuate greatly from one quarter to another. This can lead to significant differences between the GDP and GNP growth rate for the same quarter.

Methodology

Table 1 and 2: Output Measure

The estimation procedures are similar to those used for the annual accounts whenever possible.  However, in a number of cases the annual methodology cannot be followed due to the lack of relevant data quarterly.

Agriculture, Forestry and Fishing

The estimate for Agriculture is calculated by using the available sub-annual information for exports and slaughterings of animals, milk deliveries, stock changes (six-monthly), fertiliser and feeding stuffs usage etc. For some items, annual figures are distributed equally across the quarters. Monthly sea fish landings are used to estimate the quarterly output of fishing.

Industry 

The gross value added of manufacturing industry is calculated by applying monthly volume of production indices to the previous year's quarterly gross value added, including royalties. Royalties are separately deflated using the export price index and then deducted.

Construction

Changes in the volume of investment in construction projects are used to estimate the output of the building and construction sector.

Distribution, Transport, Hotels & Restaurants

For distribution the methods used are similar to those used for the annual calculation. They rely heavily on the retail sales indices and other CSO services inquiries. In the case of transport, most of the output measures used for the annual calculations are available on a quarterly basis. 

Information and communication

For communications the main data sources are direct inquiries to the service suppliers, with additional data and trend estimation for some residual components.

Public Administration, Education and Health

The quarterly estimate of value added for public administration and defence, education and health sector has been calculated based on the employment trends in the various elements of the sector.

Financial and insurance activities, Real estate activities, Professional, admin and support services and Arts, entertainment and other services

The remaining services categories cover a variety of service activities, some of which are surveyed on a quarterly basis by the CSO. For some services, information on outputs is not directly available on a quarterly basis. In most of these cases, quarterly estimates are derived using trends in related indicators. In a small number of residual cases, annual estimates are distributed equally across the quarters.

Product Taxes and Product Subsidies

Taxes and subsidies are deflated at a detailed level using appropriate price indices. Value added taxes and excise duties have been accrued and recorded in the period in which the underlying expenditure took place.

Net factor income from the rest of the world (NFI)

The value of net income flows with the rest of the world in the Quarterly National Accounts release is generally consistent with the published Balance of International Payments statistics.

Tables 3 and 4: Expenditure Measures

The various components of the expenditure based measure of GDP are defined in the annual National Income and Expenditure publication. The methods used for the quarterly series are similar to those used for the annual where possible but in many cases alternative methods have been applied.

Personal Consumption Expenditure is estimated using CSO data, such as the Retail Sales Indices together with some direct inquiries. Administrative data sources are used for some goods such as fuel and power products and motor vehicles. Constant price estimates are obtained using components of the Consumer Price Index (CPI).

Net Expenditure by Central and Local Government at current market prices is estimated using Government records. From Q2 of 2009 it is calculated net of the public sector pension levy introduced in March 2009. The constant price estimates of remuneration are derived by extrapolating base year estimates using an index of employment or using appropriate deflators for wages and are unaffected by the pension levy which is treated as a reduction in wage rates. Expenditure on goods and services is deflated partly by consumer price indices and partly by wholesale price indices.

Gross Domestic Fixed Capital Formation at current market prices includes expenditure on building and construction work and machinery and equipment. The quarterly estimates of dwellings are based on data from the CSO’s New Dwelling Completions quarterly releases. Information on other building and construction is based on the CSO’s quarterly index of production in Building and Construction. Quarterly estimates of commercial vehicles used in the business sector are estimated using administrative data. Estimates of other machinery and equipment and R&D (included under ESA 2010 standards) are made by reference to import statistics and the CSO Quarterly Capital Assets in Industry Inquiry. Current estimates are deflated to prices of the previous year using appropriate price indices such as components of the Wholesale Price Index (WPI) and indices for construction activity.

Value of Physical Changes in Stocks at current prices covers stock changes in the agricultural, industrial and distribution sectors and in intervention stocks. This item measures the actual value change in stocks between the beginning and end of quarter adjusted for any changes in the prices of the underlying commodities. Data on industrial and distribution stocks are taken from published and unpublished components of the CSO Quarterly Stocks Inquiry. Agricultural stocks are estimated from the results of CSO’s agricultural enumerations and statistics on animal slaughterings, etc. Constant price estimates are calculated by deflating the current estimates using relevant price indices and price data on agricultural and intervention stocks. Some adjustments have been made to the stocks values to improve the coherence of the quarterly accounts. These are judgmental adjustments to allow for within-year timing differences between the output and expenditure measures. Over a calendar year, these adjustments are neutral.

Exports and Imports of Goods and Services at current prices are taken from the CSO Balance of International Payments series. Current price estimates are converted to previous year prices using the available price indices, including export and import unit value indices.

Seasonal Adjustment

Seasonally adjusted aggregates can be computed either by aggregating the seasonally adjusted components (indirect adjustment) or adjusting the aggregate and the components independently (direct adjustment). In this Release, seasonal adjustment is conducted using the indirect seasonal adjustment approach. This approach is in line with CSO’s Policy on Seasonal Adjustment and Eurostat’s Recommendations on Seasonal Adjustment. The indirect approach can give the best results when the component series show very different seasonal patterns, which is a feature of some data series in the Irish National Accounts. Under this indirect approach, individual time series are independently adjusted at the component level.  These individual series are then aggregated to compute seasonally adjusted results for GDP, GNP etc. This indirect approach is applied to GDP and GNP and the seasonally adjusted GDP and GNP are derived as the sum of the seasonally adjusted components (such as Personal Consumption, Exports etc.). Once the statistical discrepancy is taken into account, the sum of the seasonally adjusted components of GDP and GNP add up to the respective seasonally adjusted GDP and GNP series. As part of the seasonal adjustment process using the US Census Bureau’s X-13-ARIMA framework, ARIMA models are identified for each series based on unadjusted data spanning Q1 1995 to Q1 Final 2020. These models are then applied to the entire series (Q1 1995 to Q3 2020). Seasonal factors and the parameters of the ARIMA models are updated each quarter.

COVID-19 note

Seasonally adjusting the Quarterly National Accounts will be challenging until the full scale and shape of the impact COVID-19 has on the time series is better understood.  Based on Eurostat guidance, Q1, Q2 and Q3 2020 have been modelled as additive outliers (AO) which will be reviewed as required. We have tested the data and treated Q1, Q2 and Q3 as additive outliers for certain sectors and other contributing elements to the accounts but not all.  This treatment for seasonal adjustment reflects the volatile nature of economic sectors experiencing a greater COVID impact, such as the retail and wholesale sectors, and will be kept under review going forward as required. Users should be aware that as further data observations become available in the months and quarters ahead, revisions to the seasonal adjustment models may result in revisions to the quarterly seasonally adjusted series.

The adjustments are completed by applying the X-13-ARIMA model, developed by the U.S. Census Bureau to the unadjusted data.  This methodology estimates seasonal factors while also taking into consideration factors that impact on the quality of the seasonal adjustment such as:

• Calendar effects, e.g. the timing of Easter,

• Outliers, temporary changes and level shifts in the series. 

For additional information on the use of X-13-ARIMA see US Census Bureau information on X-13ARIMA-SEATS Seasonal Adjustment Program.

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