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E-mail: nat_acc@cso.ie Gordon Cavanagh (+353) 1 498 4307 Andrew McManus (+353) 1 498 4368

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information@cso.ie (+353) 21 453 5000 On-line ISSN 2009-5775

CSO statistical release, 12 March 2015, 11am

Quarterly National Accounts

Quarter 4 2014 and Year 2014 (Preliminary)

GDP and GNP at constant (2012) prices
		Jan-Dec 2014
	Amount €m	Annual % change
GDP	181,330	4.8
GNP	153,485	5.2

Annual increase of 4.8 per cent in GDP in 2014

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Preliminary estimates indicate that GDP in volume terms increased by 4.8 per cent for the year 2014. For the third successive year, GNP showed an increase over the previous year, at a rate of 5.2 per cent in 2014 over 2013.

On a seasonally adjusted basis, constant price GDP for the fourth quarter of 2014 increased by 0.2 per cent compared with the previous quarter of 2014 while GNP increased by 2.3 per cent over the same period.

Value added for all principal economic sectors increased in 2014

It can be seen from Table 1 that the value added of agriculture rose by 10.0 per cent in volume terms in 2014 compared to 2013. The distribution, transport, software and communications sector increased by 8.0 per cent, and other services by 3.4 per cent. There was an overall increase of 1.5 per cent in industry, (within which building and construction recorded a 6.9 per cent increase in real terms). Public administration and defence recorded an annual increase of 1.1 per cent.

Capital Investment and Net Exports increase

On the expenditure side of the accounts (Table 3) it can be seen that capital formation rose strongly by 11.3 per cent during 2014. Personal consumption, which accounts for approximately 60 per cent of domestic demand, rose by 1.1 per cent, while government expenditure was little changed over the same period (0.1 per cent).

Import growth during the year of 13.2 per cent outpaced that of exports at 12.6 per cent. Overall net exports for the year increased by €3,785 m, which coupled with the 3.6 per cent increase in total domestic demand resulted in an overall increase in real GDP in 2014 of 4.8 per cent.

Note that the Nace Rev. 2 classification system is now being used in tables 1 and 4. This replaces the national classification used in previous releases. See the notes at the back for further details.

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.

Increase of 2.3 per cent in GNP (seasonally adjusted) in Quarter 4

Initial estimates for the fourth quarter of 2014 indicate that there was an increase of 0.2 per cent in GDP in real terms in Q4 2014 compared to the previous quarter. Agriculture made the most positive contribution to the Q4 result, rising by 4.8 per cent. Increases were also recorded in other services (1.0 per cent) and industry (0.5 per cent). Distribution, transport, software and communication declined by 1.4 per cent over the period compared with Q3 2014, while public administration and defence decreased by 1.1 per cent.

On the expenditure side there was a decline in net exports of -€1,667m (-15.7 per cent) during the quarter, largely driven by higher imports (5.4 per cent). Personal consumption expenditure exhibited an increase (1.3 per cent) while capital investment increased by 0.7 per cent in Q4 compared to Q3.

Factor income outflows were 16.6 per cent lower than in the previous quarter leading to an overall increase in GNP of 2.3 per cent for the fourth quarter compared with the previous quarter.

	GDP %	GNP %
2013 Q1	-3.7	-0.4
2013 Q2	0.1	-0.7
2013 Q3	2.2	4.6
2013 Q4	0.3	-0.8
2014 Q1	2.3	1.9
2014 Q2	1.2	0.6
2014 Q3	0.4	1.4
2014 Q4	0.2	2.3

Show Table 1 Gross Domestic Product by Sector of Origin and Gross National Product at Constant Market Prices (Chain linked annually and referenced to year 2012)

Table 1 Gross Domestic Product by Sector of Origin and Gross National Product at Constant Market Prices (Chain linked annually and referenced to year 2012)*
(Note the sectors here are based on Nace rev 2. For further details see the methodology notes at the back)											€million
Period	Agric. Forestry and fishing	Industry	of which Building and construction	Dist. Transport software and comms.	Public admin. and defence	Other services (including rent)	GDP at constant factor cost	Taxes less subsidies	GDP at constant market cost	Net factor income from rest of world	GNP at constant market prices



2008	4,323	46,858	6,345	43,379	7,859	64,429	160,649	20,197	180,593	-27,968	152,149
2009	4,067	41,845	4,613	40,773	7,435	63,030	153,286	15,852	169,088	-30,394	138,784
2010	3,977	42,285	3,402	40,692	6,985	63,377	153,138	15,512	168,622	-27,759	140,781
2011	3,954	43,328	2,916	40,535	6,632	64,007	158,259	15,051	173,297	-33,662	139,717
2012	3,798	42,306	2,740	40,958	6,462	65,709	157,506	15,249	172,755	-31,526	141,229
2013	4,008	41,706	3,065	38,839	6,319	67,274	156,831	16,223	173,055	-27,125	145,929
2014	4,410	42,329	3,276	41,928	6,387	69,546	163,616	17,714	181,330	-27,845	153,485
2008
Q1	1,174	12,515	1,690	13,931	1,871	15,904	41,881	6,098	47,847	-6,869	40,774
Q2	1,494	12,545	1,574	9,567	1,983	15,935	40,631	4,245	44,882	-7,218	37,584
Q3	990	11,482	1,616	9,881	2,015	16,341	39,404	5,808	45,079	-7,881	37,209
Q4	666	10,317	1,464	9,999	1,990	16,249	38,732	4,047	42,785	-6,000	36,582
2009
Q1	1,113	11,551	1,265	10,078	1,817	15,633	38,825	4,258	43,054	-7,551	35,502
Q2	1,475	11,396	1,146	10,043	1,856	15,619	39,412	3,216	42,676	-8,038	34,707
Q3	846	9,647	1,140	10,499	1,873	15,902	37,499	4,749	42,168	-8,100	34,157
Q4	633	9,251	1,062	10,153	1,889	15,877	37,551	3,629	41,189	-6,705	34,417
2010
Q1	932	11,346	829	9,923	1,717	15,565	38,110	4,078	42,170	-8,005	34,215
Q2	1,256	10,984	840	9,872	1,750	15,734	38,854	3,068	41,948	-7,826	34,163
Q3	1,011	9,884	892	10,564	1,762	15,890	38,138	4,788	42,884	-6,960	35,897
Q4	779	10,071	842	10,333	1,756	16,188	38,036	3,578	41,620	-4,967	36,505
2011
Q1	904	11,135	755	10,025	1,607	15,367	38,036	4,164	42,187	-8,211	33,996
Q2	1,265	11,351	726	10,067	1,654	16,056	40,786	2,899	43,700	-8,786	34,944
Q3	1,013	10,356	734	10,110	1,669	16,188	39,499	4,410	43,894	-8,551	35,364
Q4	772	10,486	700	10,333	1,701	16,396	39,938	3,578	43,517	-8,114	35,412
2012
Q1	948	11,373	630	9,895	1,550	15,964	38,448	4,128	42,567	-8,796	33,812
Q2	1,293	11,906	656	9,499	1,604	16,100	39,577	2,985	42,583	-7,895	34,693
Q3	888	9,775	710	10,738	1,628	16,698	38,950	4,679	43,607	-7,804	35,797
Q4	669	9,253	744	10,826	1,680	16,947	40,531	3,456	43,998	-7,031	36,927
2013
Q1	937	11,224	668	9,054	1,526	16,423	38,341	4,338	42,679	-6,946	35,733
Q2	1,255	11,147	723	9,290	1,574	16,400	39,253	3,231	42,484	-7,864	34,620
Q3	1,005	10,083	834	10,181	1,592	16,998	39,509	4,891	44,400	-6,816	37,584
Q4	810	9,251	840	10,314	1,627	17,453	39,729	3,763	43,492	-5,500	37,991
2014
Q1	1,016	10,664	729	9,984	1,582	17,056	39,591	4,717	44,308	-7,485	36,823
Q2	1,450	11,872	792	10,359	1,633	16,836	41,874	3,672	45,546	-8,015	37,531
Q3	1,029	10,160	880	10,979	1,574	17,612	41,262	4,960	46,222	-7,481	38,741
Q4	915	9,635	875	10,607	1,598	18,042	40,888	4,366	45,254	-4,864	40,391
Percentage change on corresponding period of previous year
2008	-2.4	-6.3	-5.8	-2.6	6.6	1.3	-1.3	-12.9	-2.6		-2.3
2009	-5.9	-10.7	-27.3	-6.0	-5.4	-2.2	-4.6	-21.5	-6.4		-8.8
2010	-2.2	1.1	-26.2	-0.2	-6.0	0.6	-0.1	-2.1	-0.3		1.4
2011	-0.6	2.5	-14.3	-0.4	-5.1	1.0	3.3	-3.0	2.8		-0.8
2012	-3.9	-2.4	-6.0	1.0	-2.6	2.7	-0.5	1.3	-0.3		1.1
2013	5.5	-1.4	11.9	-5.2	-2.2	2.4	-0.4	6.4	0.2		3.3
2014	10.0	1.5	6.9	8.0	1.1	3.4	4.3	9.2	4.8		5.2
2008
Q1	-3.4	-3.4	-2.2	24.4	7.2	2.4	3.5	-9.0	1.8		3.7
Q2	-7.3	0.5	-2.0	-14.2	7.8	2.5	-1.1	-15.0	-2.5		-1.4
Q3	8.9	-4.2	-4.5	-8.6	6.0	1.4	0.7	-8.7	-0.5		-3.6
Q4	-4.3	-17.9	-14.2	-12.3	5.6	-0.8	-7.8	-21.4	-9.2		-7.7
2009
Q1	-5.2	-7.7	-25.2	-27.7	-2.9	-1.7	-7.3	-30.2	-10.0		-12.9
Q2	-1.3	-9.2	-27.2	5.0	-6.4	-2.0	-3.0	-24.2	-4.9		-7.7
Q3	-14.6	-16.0	-29.5	6.2	-7.0	-2.7	-4.8	-18.2	-6.5		-8.2
Q4	-4.9	-10.3	-27.5	1.5	-5.1	-2.3	-3.1	-10.3	-3.7		-5.9
2010
Q1	-16.3	-1.8	-34.5	-1.5	-5.5	-0.4	-1.8	-4.2	-2.1		-3.6
Q2	-14.8	-3.6	-26.7	-1.7	-5.8	0.7	-1.4	-4.6	-1.7		-1.6
Q3	19.5	2.5	-21.8	0.6	-5.9	-0.1	1.7	0.8	1.7		5.1
Q4	23.0	8.9	-20.7	1.8	-7.0	2.0	1.3	-1.4	1.0		6.1
2011
Q1	-3.0	-1.9	-8.9	1.0	-6.4	-1.3	-0.2	2.1	0.0		-0.6
Q2	0.7	3.3	-13.5	2.0	-5.4	2.0	5.0	-5.5	4.2		2.3
Q3	0.2	4.8	-17.6	-4.3	-5.3	1.9	3.6	-7.9	2.4		-1.5
Q4	-0.8	4.1	-16.8	-0.0	-3.2	1.3	5.0	0.0	4.6		-3.0
2012
Q1	4.9	2.1	-16.6	-1.3	-3.6	3.9	1.1	-0.9	0.9		-0.5
Q2	2.2	4.9	-9.6	-5.6	-3.1	0.3	-3.0	3.0	-2.6		-0.7
Q3	-12.3	-5.6	-3.3	6.2	-2.5	3.1	-1.4	6.1	-0.7		1.2
Q4	-13.3	-11.8	6.2	4.8	-1.2	3.4	1.5	-3.4	1.1		4.3
2013
Q1	-1.1	-1.3	6.1	-8.5	-1.6	2.9	-0.3	5.1	0.3		5.7
Q2	-3.0	-6.4	10.1	-2.2	-1.9	1.9	-0.8	8.2	-0.2		-0.2
Q3	13.3	3.2	17.4	-5.2	-2.2	1.8	1.4	4.5	1.8		5.0
Q4	21.1	-0.0	13.0	-4.7	-3.2	3.0	-2.0	8.9	-1.2		2.9
2014
Q1	8.4	-5.0	9.2	10.3	3.7	3.9	3.3	8.7	3.8		3.1
Q2	15.6	6.5	9.6	11.5	3.7	2.7	6.7	13.7	7.2		8.4
Q3	2.3	0.8	5.6	7.8	-1.2	3.6	4.4	1.4	4.1		3.1
Q4	12.9	4.1	4.1	2.8	-1.8	3.4	2.9	16.0	4.1		6.3
*Chain linked series not additive

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Show Table 2 Expenditure on Gross National Product at Current Market Prices

Table 2 Expenditure on Gross National Product at Current Market Prices
										€million
Period	Personal consumption of goods and services	Net exp. by central and local government on current goods and services	Gross domestic fixed capital formation	Value of physical changes in stocks	Exports of goods and services	Imports of goods and services	Statistical discrepancy	GDP at current market prices	Net factor income from the rest of the world	GNP at current market prices

2008	94,712	30,775	45,221	-330	150,180	-133,876	189	186,870	-25,837	161,033
2009	83,565	29,650	33,082	-1,490	146,363	-121,555	-1,501	168,114	-28,517	139,597
2010	82,447	26,437	26,106	-569	157,811	-129,023	1,719	164,928	-26,425	138,503
2011	82,969	26,111	24,841	780	167,086	-132,398	1,654	171,042	-32,127	138,915
2012	82,467	25,922	26,923	288	182,506	-147,079	1,728	172,755	-31,526	141,229
2013	83,334	25,956	26,541	837	184,056	-147,694	1,761	174,791	-27,286	147,505
2014	85,619	25,967	30,400	1,849	207,792	-168,083	1,868	185,412	-26,974	158,438
2008
Q1	23,806	7,549	13,930	-390	36,630	-33,687	48	47,886	-6,283	41,603
Q2	23,107	7,628	10,835	529	37,773	-33,332	47	46,588	-6,563	40,025
Q3	23,254	7,635	11,093	-27	37,016	-32,457	47	46,562	-7,295	39,267
Q4	24,544	7,961	9,363	-442	38,762	-34,400	46	45,835	-5,696	40,139
2009
Q1	21,044	7,780	9,295	-568	36,511	-30,821	-383	42,859	-7,164	35,695
Q2	20,429	7,208	8,449	14	37,697	-30,618	-382	42,797	-7,589	35,208
Q3	20,213	7,206	7,082	-430	35,783	-28,083	-370	41,402	-7,562	33,840
Q4	21,879	7,455	8,256	-505	36,373	-32,034	-367	41,056	-6,202	34,854
2010
Q1	20,219	6,697	6,884	-527	37,011	-29,638	428	41,074	-7,567	33,507
Q2	20,136	6,486	6,829	-106	40,218	-32,280	435	41,717	-7,517	34,200
Q3	20,314	6,430	5,787	353	40,491	-31,815	438	41,997	-6,649	35,348
Q4	21,778	6,825	6,607	-288	40,090	-35,290	418	40,140	-4,692	35,448
2011
Q1	20,393	6,513	6,665	-317	40,446	-33,199	395	40,895	-7,858	33,037
Q2	20,302	6,505	6,476	403	42,433	-33,034	421	43,504	-8,320	35,184
Q3	20,075	6,560	5,404	599	41,653	-31,463	418	43,246	-8,100	35,146
Q4	22,199	6,534	6,296	95	42,555	-34,701	420	43,398	-7,849	35,549
2012
Q1	19,895	6,602	6,776	-577	44,488	-36,284	413	41,312	-8,686	32,626
Q2	19,906	6,430	5,684	549	46,599	-37,475	421	42,113	-7,882	34,231
Q3	20,345	6,511	5,690	290	45,712	-35,567	434	43,414	-7,880	35,534
Q4	22,322	6,380	8,773	27	45,708	-37,753	459	45,916	-7,078	38,838
2013
Q1	20,089	6,431	6,610	409	43,687	-35,367	426	42,285	-6,716	35,569
Q2	20,037	6,459	5,830	240	47,498	-37,436	434	43,061	-8,035	35,026
Q3	20,623	6,475	6,235	798	45,882	-35,779	450	44,684	-6,939	37,745
Q4	22,586	6,591	7,866	-610	46,988	-39,111	451	44,761	-5,596	39,165
2014
Q1	20,580	6,421	7,133	482	46,669	-37,689	444	44,040	-7,194	36,846
Q2	20,650	6,505	7,127	102	53,122	-41,949	464	46,021	-7,726	38,295
Q3	21,021	6,447	7,356	543	53,069	-41,550	477	47,364	-7,237	40,127
Q4	23,367	6,593	8,783	723	54,931	-46,894	483	47,987	-4,817	43,170
Percentage change on corresponding period of previous year
2008	1.7	5.2	-16.8		-1.5	-0.8		-5.0		-5.0
2009	-11.8	-3.7	-26.8		-2.5	-9.2		-10.0		-13.3
2010	-1.3	-10.8	-21.1		7.8	6.1		-1.9		-0.8
2011	0.6	-1.2	-4.8		5.9	2.6		3.7		0.3
2012	-0.6	-0.7	8.4		9.2	11.1		1.0		1.7
2013	1.1	0.1	-1.4		0.8	0.4		1.2		4.4
2014	2.7	0.0	14.5		12.9	13.8		6.1		7.4
2008
Q1	6.4	6.3	-11.4		-0.7	2.5		-3.6		-1.7
Q2	1.9	6.4	-18.6		-1.9	1.0		-5.8		-4.8
Q3	1.1	3.6	-9.1		-1.6	-1.4		-1.2		-4.3
Q4	-2.1	4.5	-28.5		-1.7	-5.0		-9.2		-8.9

2009
Q1	-11.6	3.1	-33.3		-0.3	-8.5		-10.5		-14.2
Q2	-11.6	-5.5	-22.0		-0.2	-8.1		-8.1		-12.0
Q3	-13.1	-5.6	-36.2		-3.3	-13.5		-11.1		-13.8
Q4	-10.9	-6.4	-11.8		-6.2	-6.9		-10.4		-13.2

2010
Q1	-3.9	-13.9	-25.9		1.4	-3.8		-4.2		-6.1
Q2	-1.4	-10.0	-19.2		6.7	5.4		-2.5		-2.9
Q3	0.5	-10.8	-18.3		13.2	13.3		1.4		4.5
Q4	-0.5	-8.5	-20.0		10.2	10.2		-2.2		1.7

2011
Q1	0.9	-2.7	-3.2		9.3	12.0		-0.4		-1.4
Q2	0.8	0.3	-5.2		5.5	2.3		4.3		2.9
Q3	-1.2	2.0	-6.6		2.9	-1.1		3.0		-0.6
Q4	1.9	-4.3	-4.7		6.1	-1.7		8.1		0.3

2012
Q1	-2.4	1.4	1.7		10.0	9.3		1.0		-1.2
Q2	-1.9	-1.2	-12.2		9.8	13.4		-3.2		-2.7
Q3	1.3	-0.7	5.3		9.7	13.0		0.4		1.1
Q4	0.6	-2.3	39.3		7.4	8.8		5.8		9.3

2013
Q1	1.0	-2.6	-2.5		-1.8	-2.5		2.4		9.0
Q2	0.7	0.5	2.6		1.9	-0.1		2.3		2.3
Q3	1.4	-0.5	9.6		0.4	0.6		2.9		6.2
Q4	1.2	3.3	-10.3		2.8	3.6		-2.5		0.8
2014
Q1	2.4	-0.2	7.9		6.8	6.6		4.2		3.6
Q2	3.1	0.7	22.3		11.8	12.1		6.9		9.3
Q3	1.9	-0.4	18.0		15.7	16.1		6.0		6.3
Q4	3.5	0.0	11.7		16.9	19.9		7.2		10.2

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Show Table 3 Expenditure on Gross National Product at Constant Market Prices (Chain linked annually and referenced to year 2012)

Table 3 Expenditure on Gross National Product at Constant Market Prices (Chain linked annually and referenced to year 2012)*
									€million
Period	Personal consumption of goods and services	Net exp. by central and local government on current goods and services	Gross domestic fixed capital formation	Value of physical changes in stocks	Exports of goods and services	Imports of goods and services	GDP at constant market prices	Net factor income from the rest of the world	GNP at constant market prices
2008	88,404	30,215	40,535	-328	162,128	-147,917	180,593	-27,968	152,149
2009	83,646	29,151	32,225	-1,471	155,661	-134,360	169,088	-30,394	138,784
2010	84,413	27,069	26,418	-577	165,266	-138,414	168,622	-27,759	140,781
2011	83,434	26,490	25,650	782	174,329	-137,572	173,297	-33,662	139,717
2012	82,467	25,922	26,923	288	182,506	-147,079	172,755	-31,526	141,229
2013	81,797	26,273	26,275	861	184,565	-148,031	173,055	-27,125	145,929
2014	82,732	26,309	29,251	1,733	207,846	-167,527	181,330	-27,845	153,485
2008
Q1	22,359	7,477	12,248	-596	39,961	-37,574	47,847	-6,869	40,774
Q2	21,548	7,485	9,699	818	41,443	-36,998	44,882	-7,218	37,584
Q3	21,711	7,449	10,037	80	39,939	-35,814	45,079	-7,881	37,209
Q4	22,786	7,803	8,551	-630	40,785	-37,531	42,785	-6,000	36,582
2009
Q1	20,771	7,467	8,833	-571	38,284	-33,438	43,054	-7,551	35,502
Q2	20,452	7,339	8,113	80	39,795	-33,712	42,676	-8,038	34,707
Q3	20,430	7,026	7,084	-486	38,276	-31,306	42,168	-8,100	34,157
Q4	21,993	7,319	8,195	-494	39,305	-35,904	41,189	-6,705	34,417
2010
Q1	20,789	6,801	6,887	-553	38,957	-32,170	42,170	-8,005	34,215
Q2	20,670	6,848	6,909	-67	41,708	-34,663	41,948	-7,826	34,163
Q3	20,847	6,580	5,995	348	42,202	-33,961	42,884	-6,960	35,897
Q4	22,107	6,839	6,626	-305	42,399	-37,619	41,620	-4,967	36,505
2011
Q1	20,699	6,762	6,875	-366	41,963	-34,620	42,187	-8,211	33,996
Q2	20,491	6,680	6,657	358	44,635	-34,575	43,700	-8,786	34,944
Q3	20,228	6,511	5,557	632	43,768	-32,724	43,894	-8,551	35,364
Q4	22,016	6,537	6,561	158	43,963	-35,654	43,517	-8,114	35,412
2012
Q1	20,034	6,602	6,955	-612	44,923	-36,605	42,567	-8,796	33,813
Q2	19,986	6,430	5,656	537	46,693	-37,557	42,583	-7,895	34,693
Q3	20,412	6,511	5,601	289	45,290	-35,270	43,607	-7,804	35,797
Q4	22,035	6,380	8,712	73	45,600	-37,648	43,998	-7,031	36,927
2013
Q1	19,873	6,447	6,673	499	43,912	-35,549	42,679	-6,946	35,733
Q2	19,745	6,297	5,764	287	47,384	-37,405	42,484	-7,864	34,620
Q3	20,269	6,699	6,114	787	45,952	-35,774	44,400	-6,816	37,584
Q4	21,910	6,830	7,723	-713	47,318	-39,303	43,492	-5,500	37,991
2014
Q1	20,025	6,567	7,048	499	47,096	-37,637	44,308	-7,485	36,823
Q2	20,005	6,638	6,854	89	53,530	-41,845	45,546	-8,015	37,531
Q3	20,343	6,460	6,992	362	53,314	-41,340	46,222	-7,481	38,741
Q4	22,360	6,644	8,358	784	53,906	-46,705	45,254	-4,864	40,391
Percentage change on corresponding period of previous year
2008	0.0	0.6	-9.6		-0.9	-2.6	-2.6		-2.3
2009	-5.4	-3.5	-20.5		-4.0	-9.2	-6.4		-8.8
2010	0.9	-7.1	-18.0		6.2	3.0	-0.3		1.4
2011	-1.2	-2.1	-2.9		5.5	-0.6	2.8		-0.8
2012	-1.2	-2.1	5.0		4.7	6.9	-0.3		1.1
2013	-0.8	1.4	-2.4		1.1	0.6	0.2		3.3
2014	1.1	0.1	11.3		12.6	13.2	4.8		5.2
2008
Q1	3.6	1.5	-4.7		1.2	0.8	1.8		3.7
Q2	-0.2	2.2	-10.6		0.8	-0.3	-2.5		-1.4
Q3	-0.3	-1.2	-1.2		-0.7	-2.8	-0.5		-3.6
Q4	-2.7	-0.2	-22.2		-4.6	-7.5	-9.2		-7.7
2009
Q1	-7.1	-0.1	-27.9		-4.2	-11.0	-10.0		-12.9
Q2	-5.1	-1.9	-16.4		-4.0	-8.9	-4.9		-7.7
Q3	-5.9	-5.7	-29.4		-4.2	-12.6	-6.5		-8.2
Q4	-3.5	-6.2	-4.2		-3.6	-4.3	-3.7		-5.9
2010
Q1	0.1	-8.9	-22.0		1.8	-3.8	-2.1		-3.6
Q2	1.1	-6.7	-14.8		4.8	2.8	-1.7		-1.6
Q3	2.0	-6.3	-15.4		10.3	8.5	1.7		5.1
Q4	0.5	-6.6	-19.1		7.9	4.8	1.0		6.1
2011
Q1	-0.4	-0.6	-0.2		7.7	7.6	0.0		-0.6
Q2	-0.9	-2.5	-3.6		7.0	-0.3	4.2		2.3
Q3	-3.0	-1.1	-7.3		3.7	-3.6	2.4		-1.5
Q4	-0.4	-4.4	-1.0		3.7	-5.2	4.6		-3.0
2012
Q1	-3.2	-2.4	1.2		7.1	5.7	0.9		-0.5
Q2	-2.5	-3.8	-15.0		4.6	8.6	-2.6		-0.7
Q3	0.9	-0.0	0.8		3.5	7.8	-0.7		1.2
Q4	0.1	-2.4	32.8		3.7	5.6	1.1		4.3
2013
Q1	-0.8	-2.3	-4.1		-2.3	-2.9	0.3		5.7
Q2	-1.2	-2.1	1.9		1.5	-0.4	-0.2		-0.2
Q3	-0.7	2.9	9.2		1.5	1.4	1.8		5.0
Q4	-0.6	7.0	-11.4		3.8	4.4	-1.2		2.9
2014
Q1	0.8	1.9	5.6		7.3	5.9	3.8		3.1
Q2	1.3	5.4	18.9		13.0	11.9	7.2		8.4
Q3	0.4	-3.6	14.3		16.0	15.6	4.1		3.1
Q4	2.1	-2.7	8.2		13.9	18.8	4.1		6.3
*Chain linked series not additive

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Show Table 4 Gross Value Added at Constant Factor Cost by Sector of Origin and Gross National Product at Constant Market Prices (Chain linked annually and referenced to year 2012)-Seasonally Adjusted

Table 4 Gross Value Added at Constant Factor Cost by Sector of Origin and Gross National Product at Constant Market Prices
(Chain linked annually and referenced to year 2012) - Seasonally Adjusted
	€million
Period	Agric. Forestry and fishing	Industry	of which Building and construction	Dist. Transport software and comms	Public admin and defence	Other services (including rent)	GDP at constant factor cost	Taxes less subsidies	GDP at constant market prices	Net factor income from the rest of the world	GNP at constant market prices
2008
Q1	1,090	12,079	1,717	13,991	1,957	16,136	41,523	5,557	47,227	-6,646	40,497
Q2	1,091	12,054	1,646	9,762	1,985	16,139	40,345	5,198	45,277	-6,765	38,392
Q3	1,089	12,039	1,565	9,740	1,972	16,182	39,987	5,029	45,009	-7,619	37,308
Q4	1,017	10,748	1,423	9,892	1,940	15,982	38,844	4,317	43,089	-7,000	35,932
2009
Q1	1,068	11,158	1,293	10,173	1,899	15,841	38,829	3,878	42,774	-7,205	35,741
Q2	1,108	10,785	1,197	10,240	1,863	15,825	38,731	4,049	42,803	-7,628	35,096
Q3	913	10,112	1,098	10,292	1,839	15,751	37,954	4,028	41,884	-7,835	34,115
Q4	937	9,791	1,028	10,041	1,833	15,615	37,696	3,876	41,564	-7,766	33,778
2010
Q1	920	10,818	856	10,039	1,798	15,788	38,110	3,766	41,876	-7,665	34,286
Q2	929	10,380	876	10,104	1,757	15,930	38,313	3,874	42,212	-7,319	34,881
Q3	1,050	10,375	856	10,308	1,734	15,741	38,457	4,007	42,456	-6,777	35,729
Q4	1,048	10,790	810	10,195	1,698	15,913	38,143	3,852	41,981	-6,009	35,772
2011
Q1	936	10,756	792	10,247	1,679	15,549	38,787	3,801	42,584	-7,753	34,889
Q2	943	10,459	754	10,274	1,667	16,307	39,676	3,727	43,444	-8,355	35,005
Q3	1,036	10,888	702	9,818	1,647	16,044	39,752	3,659	43,315	-8,394	35,127
Q4	1,025	11,360	670	10,182	1,639	16,092	39,913	3,887	43,888	-9,193	34,615
2012
Q1	985	10,840	668	10,118	1,623	16,180	38,925	3,796	42,703	-8,406	34,198
Q2	981	11,021	681	9,739	1,614	16,348	38,968	3,760	42,687	-7,321	35,407
Q3	915	10,267	675	10,398	1,607	16,554	39,067	3,910	42,973	-7,684	35,519
Q4	914	10,103	709	10,656	1,617	16,603	40,521	3,780	44,346	-8,135	36,031
2013
Q1	975	10,678	716	9,271	1,600	16,659	38,633	3,998	42,710	-6,592	35,893
Q2	940	10,286	750	9,541	1,583	16,668	38,923	3,966	42,768	-7,223	35,650
Q3	1,045	10,574	790	9,840	1,573	16,851	39,496	4,162	43,720	-6,665	37,300
Q4	1,046	10,182	798	10,153	1,564	17,072	39,812	4,088	43,842	-6,666	37,018
2014
Q1	1,073	10,306	790	10,288	1,656	17,271	40,351	4,298	44,832	-7,044	37,706
Q2	1,109	10,744	819	10,586	1,647	17,165	41,070	4,479	45,356	-7,428	37,939
Q3	1,087	10,627	832	10,597	1,554	17,458	41,156	4,302	45,526	-7,299	38,461
Q4	1,139	10,675	829	10,447	1,536	17,633	41,097	4,690	45,619	-6,090	39,336
Percentage change on previous quarter
2008
Q1	0.2	-6.2	3.5	24.3	6.0	0.3	-0.8	0.9	-0.1		4.1
Q2	0.0	-0.2	-4.1	-30.2	1.4	0.0	-2.8	-6.5	-4.1		-5.2
Q3	-0.2	-0.1	-4.9	-0.2	-0.6	0.3	-0.9	-3.3	-0.6		-2.8
Q4	-6.6	-10.7	-9.0	1.6	-1.6	-1.2	-2.9	-14.2	-4.3		-3.7
2009
Q1	5.0	3.8	-9.1	2.8	-2.1	-0.9	-0.0	-10.2	-0.7		-0.5
Q2	3.7	-3.3	-7.4	0.7	-1.9	-0.1	-0.3	4.4	0.1		-1.8
Q3	-17.6	-6.2	-8.3	0.5	-1.3	-0.5	-2.0	-0.5	-2.1		-2.8
Q4	2.6	-3.2	-6.4	-2.4	-0.3	-0.9	-0.7	-3.8	-0.8		-1.0
2010
Q1	-1.9	10.5	-16.7	-0.0	-1.9	1.1	1.1	-2.8	0.8		1.5
Q2	1.0	-4.0	2.3	0.6	-2.3	0.9	0.5	2.9	0.8		1.7
Q3	13.0	-0.0	-2.3	2.0	-1.3	-1.2	0.4	3.4	0.6		2.4
Q4	-0.1	4.0	-5.3	-1.1	-2.1	1.1	-0.8	-3.9	-1.1		0.1
2011
Q1	-10.8	-0.3	-2.3	0.5	-1.1	-2.3	1.7	-1.3	1.4		-2.5
Q2	0.8	-2.8	-4.8	0.3	-0.7	4.9	2.3	-1.9	2.0		0.3
Q3	9.9	4.1	-6.9	-4.4	-1.2	-1.6	0.2	-1.8	-0.3		0.3
Q4	-1.1	4.3	-4.5	3.7	-0.5	0.3	0.4	6.2	1.3		-1.5
2012
Q1	-3.9	-4.6	-0.4	-0.6	-1.0	0.5	-2.5	-2.3	-2.7		-1.2
Q2	-0.4	1.7	2.0	-3.7	-0.6	1.0	0.1	-0.9	-0.0		3.5
Q3	-6.8	-6.8	-0.9	6.8	-0.4	1.3	0.3	4.0	0.7		0.3
Q4	-0.1	-1.6	5.0	2.5	0.6	0.3	3.7	-3.3	3.2		1.4
2013
Q1	6.7	5.7	1.0	-13.0	-1.0	0.3	-4.7	5.8	-3.7		-0.4
Q2	-3.6	-3.7	4.8	2.9	-1.0	0.1	0.8	-0.8	0.1		-0.7
Q3	11.2	2.8	5.4	3.1	-0.7	1.1	1.5	4.9	2.2		4.6
Q4	0.1	-3.7	1.0	3.2	-0.5	1.3	0.8	-1.8	0.3		-0.8
2014
Q1	2.6	1.2	-1.1	1.3	5.9	1.2	1.4	5.2	2.3		1.9
Q2	3.4	4.3	3.7	2.9	-0.6	-0.6	1.8	4.2	1.2		0.6
Q3	-2.0	-1.1	1.6	0.1	-5.7	1.7	0.2	-3.9	0.4		1.4
Q4	4.8	0.5	-0.3	-1.4	-1.1	1.0	-0.1	9.0	0.2		2.3

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Show Table 5 Expenditure on Gross National Product at Current Market Prices - Seasonally Adjusted

Table 5 Expenditure on Gross National Product at Current Market Prices - Seasonally Adjusted
									€million
Period	Personal consumption of goods and services	Net exp. by central and local government on current goods and services	Gross domestic fixed capital formation	Value of physical changes in stocks	Exports of goods and services	Imports of goods and services	GDP at current market prices	Net factor income from the rest of the wrorld	GNP at current market prices
2008
Q1	23,934	7,595	13,152	-300	37,623	-34,164	47,948	-6,115	41,857
Q2	23,689	7,681	10,939	198	37,019	-33,315	46,728	-6,075	40,644
Q3	23,797	7,682	11,961	144	37,430	-33,718	46,917	-7,191	39,829
Q4	23,255	7,823	9,122	-418	38,213	-32,639	45,243	-6,519	38,654
2009
Q1	21,278	7,833	8,800	-371	37,328	-31,356	43,333	-6,806	36,517
Q2	20,921	7,232	8,513	-289	36,976	-30,541	42,670	-7,227	35,396
Q3	20,662	7,255	7,714	-451	36,131	-29,381	41,486	-7,402	34,130
Q4	20,652	7,346	7,955	-406	36,033	-30,282	40,579	-7,133	33,498
2010
Q1	20,474	6,726	6,542	-274	37,838	-30,257	41,509	-7,275	34,213
Q2	20,698	6,509	6,884	-360	39,334	-32,048	41,767	-7,000	34,730
Q3	20,745	6,461	6,365	187	40,807	-33,145	41,913	-6,518	35,452
Q4	20,464	6,755	6,251	-139	39,931	-33,581	39,697	-5,652	34,013
2011
Q1	20,849	6,530	6,378	-44	40,980	-33,894	41,918	-7,325	34,581
Q2	20,792	6,529	6,589	204	41,729	-32,636	43,115	-8,006	35,118
Q3	20,477	6,570	5,934	355	41,947	-32,818	42,974	-7,953	35,095
Q4	20,776	6,492	5,877	254	42,472	-33,081	42,969	-8,871	34,023
2012
Q1	20,333	6,601	6,529	-336	45,107	-37,064	41,985	-8,358	33,655
Q2	20,502	6,464	5,853	436	45,765	-36,898	42,199	-7,292	34,907
Q3	20,741	6,514	6,205	20	46,040	-36,939	43,046	-7,767	35,375
Q4	20,807	6,339	8,099	152	45,594	-36,192	45,443	-8,113	37,071
2013
Q1	20,560	6,442	6,403	623	44,315	-36,219	42,812	-6,504	36,441
Q2	20,706	6,481	6,097	192	46,681	-36,740	43,426	-7,319	36,139
Q3	21,009	6,491	6,708	539	46,252	-37,142	44,222	-6,795	37,547
Q4	20,994	6,527	7,230	-523	46,762	-37,596	44,284	-6,674	37,251
2014
Q1	21,215	6,468	6,927	663	47,120	-38,552	45,080	-6,789	38,510
Q2	21,257	6,499	7,546	105	52,551	-41,222	45,982	-7,186	38,882
Q3	21,406	6,479	7,842	300	53,478	-42,916	46,812	-7,068	39,884
Q4	21,681	6,509	8,035	783	54,607	-45,380	47,484	-5,936	40,989
Percentage change on previous quarter
2008
Q1	0.4	1.6	1.9		-2.7	-1.2	-3.6		-1.4
Q2	-1.0	1.1	-16.8		-1.6	-2.5	-2.5		-2.9
Q3	0.5	0.0	9.3		1.1	1.2	0.4		-2.0
Q4	-2.3	1.8	-23.7		2.1	-3.2	-3.6		-3.0
2009
Q1	-8.5	0.1	-3.5		-2.3	-3.9	-4.2		-5.5
Q2	-1.7	-7.7	-3.3		-0.9	-2.6	-1.5		-3.1
Q3	-1.2	0.3	-9.4		-2.3	-3.8	-2.8		-3.6
Q4	-0.0	1.2	3.1		-0.3	3.1	-2.2		-1.8
2010
Q1	-0.9	-8.4	-17.8		5.0	-0.1	2.3		2.1
Q2	1.1	-3.2	5.2		4.0	5.9	0.6		1.5
Q3	0.2	-0.7	-7.5		3.7	3.4	0.3		2.1
Q4	-1.4	4.6	-1.8		-2.1	1.3	-5.3		-4.1
2011
Q1	1.9	-3.3	2.0		2.6	0.9	5.6		1.7
Q2	-0.3	-0.0	3.3		1.8	-3.7	2.9		1.6
Q3	-1.5	0.6	-9.9		0.5	0.6	-0.3		-0.1
Q4	1.5	-1.2	-0.9		1.3	0.8	-0.0		-3.1
2012
Q1	-2.1	1.7	11.1		6.2	12.0	-2.3		-1.1
Q2	0.8	-2.1	-10.4		1.5	-0.4	0.5		3.7
Q3	1.2	0.8	6.0		0.6	0.1	2.0		1.3
Q4	0.3	-2.7	30.5		-1.0	-2.0	5.6		4.8
2013
Q1	-1.2	1.6	-20.9		-2.8	0.1	-5.8		-1.7
Q2	0.7	0.6	-4.8		5.3	1.4	1.4		-0.8
Q3	1.5	0.1	10.0		-0.9	1.1	1.8		3.9
Q4	-0.1	0.6	7.8		1.1	1.2	0.1		-0.8
2014
Q1	1.1	-0.9	-4.2		0.8	2.5	1.8		3.4
Q2	0.2	0.5	8.9		11.5	6.9	2.0		1.0
Q3	0.7	-0.3	3.9		1.8	4.1	1.8		2.6
Q4	1.3	0.5	2.5		2.1	5.7	1.4		2.8

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Show Table 6 Expenditure on Gross National Product at Constant Market Prices (Chain linked annually and referenced to year 2012)-Seasonally adjusted

Table 6 Expenditure on Gross National Product at Constant Market Prices (Chain linked annually and referenced to year 2012) - Seasonally Adjusted
									€million
Period	Personal consumption of goods and services	Net exp. By central and local government on current goods and services	Gross domestic fixed capital formation	Value of physical changes in stocks	Exports of goods and services	Imports of goods and services	GDP at constant market prices	Net factor income from the rest of the world	GNP at constant market prices
2008
Q1	22,485	7,561	11,388	-509	40,998	-38,180	47,227	-6,646	40,497
Q2	22,045	7,544	9,916	342	40,773	-37,013	45,277	-6,765	38,392
Q3	22,129	7,532	10,801	385	40,313	-37,101	45,009	-7,619	37,308
Q4	21,689	7,597	8,394	-603	40,129	-35,583	43,089	-7,000	35,932
2009
Q1	21,016	7,528	8,231	-363	39,389	-34,123	42,774	-7,205	35,741
Q2	20,922	7,367	8,263	-329	38,959	-33,647	42,803	-7,628	35,096
Q3	20,833	7,140	7,708	-434	38,523	-32,606	41,884	-7,835	34,115
Q4	20,808	7,142	7,959	-376	38,866	-33,995	41,564	-7,766	33,778
2010
Q1	21,065	6,852	6,414	-314	40,019	-32,948	41,876	-7,665	34,286
Q2	21,216	6,845	7,059	-363	40,794	-34,425	42,212	-7,319	34,881
Q3	21,228	6,689	6,604	218	42,366	-35,279	42,456	-6,777	35,729
Q4	20,843	6,719	6,312	-141	42,142	-35,787	41,981	-6,009	35,772
2011
Q1	21,152	6,743	6,474	-101	43,270	-35,446	42,584	-7,753	34,889
Q2	20,961	6,717	6,828	131	43,376	-34,168	43,444	-8,355	35,005
Q3	20,584	6,588	6,132	421	43,846	-34,086	43,315	-8,394	35,127
Q4	20,685	6,462	6,146	318	43,872	-33,913	43,888	-9,193	34,615
2012
Q1	20,453	6,578	6,570	-409	46,205	-37,501	42,703	-8,406	34,198
Q2	20,574	6,462	5,894	429	45,362	-36,969	42,687	-7,321	35,407
Q3	20,752	6,564	6,161	77	45,339	-36,670	42,973	-7,684	35,519
Q4	20,646	6,314	8,044	170	45,602	-35,962	44,346	-8,135	36,031
2013
Q1	20,292	6,447	6,325	659	45,265	-36,498	42,710	-6,592	35,893
Q2	20,404	6,311	6,116	257	45,932	-36,700	42,768	-7,223	35,650
Q3	20,590	6,755	6,655	613	45,986	-37,188	43,720	-6,665	37,300
Q4	20,478	6,738	7,073	-673	47,368	-37,653	43,842	-6,666	37,018
2014
Q1	20,578	6,587	6,748	633	48,726	-38,572	44,832	-7,044	37,706
Q2	20,581	6,647	7,318	92	51,779	-41,131	45,356	-7,428	37,939
Q3	20,649	6,531	7,549	230	53,352	-42,763	45,526	-7,299	38,461
Q4	20,909	6,527	7,604	778	53,973	-45,051	45,619	-6,090	39,336
Percentage change on previous quarter
2008
Q1	0.3	-0.5	4.5		-2.1	-1.3	-0.1		4.1
Q2	-2.0	-0.2	-12.9		-0.6	-3.1	-4.1		-5.2
Q3	0.4	-0.2	8.9		-1.1	0.2	-0.6		-2.8
Q4	-2.0	0.9	-22.3		-0.5	-4.1	-4.3		-3.7
2009
Q1	-3.1	-0.9	-1.9		-1.8	-4.1	-0.7		-0.5
Q2	-0.4	-2.1	0.4		-1.1	-1.4	0.1		-1.8
Q3	-0.4	-3.1	-6.7		-1.1	-3.1	-2.1		-2.8
Q4	-0.1	0.0	3.3		0.9	4.3	-0.8		-1.0
2010
Q1	1.2	-4.1	-19.4		3.0	-3.1	0.8		1.5
Q2	0.7	-0.1	10.1		1.9	4.5	0.8		1.7
Q3	0.1	-2.3	-6.4		3.9	2.5	0.6		2.4
Q4	-1.8	0.5	-4.4		-0.5	1.4	-1.1		0.1
2011
Q1	1.5	0.4	2.6		2.7	-1.0	1.4		-2.5
Q2	-0.9	-0.4	5.5		0.2	-3.6	2.0		0.3
Q3	-1.8	-1.9	-10.2		1.1	-0.2	-0.3		0.3
Q4	0.5	-1.9	0.2		0.1	-0.5	1.3		-1.5
2012
Q1	-1.1	1.8	6.9		5.3	10.6	-2.7		-1.2
Q2	0.6	-1.8	-10.3		-1.8	-1.4	-0.0		3.5
Q3	0.9	1.6	4.5		-0.0	-0.8	0.7		0.3
Q4	-0.5	-3.8	30.6		0.6	-1.9	3.2		1.4
2013
Q1	-1.7	2.1	-21.4		-0.7	1.5	-3.7		-0.4
Q2	0.6	-2.1	-3.3		1.5	0.6	0.1		-0.7
Q3	0.9	7.0	8.8		0.1	1.3	2.2		4.6
Q4	-0.5	-0.3	6.3		3.0	1.3	0.3		-0.8
2014
Q1	0.5	-2.2	-4.6		2.9	2.4	2.3		1.9
Q2	0.0	0.9	8.4		6.3	6.6	1.2		0.6
Q3	0.3	-1.7	3.2		3.0	4.0	0.4		1.4
Q4	1.3	-0.1	0.7		1.2	5.4	0.2		2.3

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Show Annex 1A - Trade Summary: Quarterly Breakdown of trade into goods/services at current and constant prices

Annex 1a - Trade Summary: Quarterly Breakdown of trade into goods/services at current and constant prices
			Trade at Current Prices						Trade at Constant Prices			€ million
		Exports			Imports			Exports			Imports

	Total	Goods	Services	Total	Goods	Services	Total	Goods	Services	Total	Goods	Services
2008
Q1	36,630	21,749	14,881	33,687	15,446	18,241	39,961	23,305	16,657	37,574	17,306	20,268
Q2	37,773	22,178	15,595	33,332	14,479	18,853	41,443	24,265	17,178	36,998	16,264	20,735
Q3	37,016	21,553	15,463	32,457	13,857	18,600	39,939	22,976	16,962	35,814	15,470	20,344
Q4	38,762	22,925	15,837	34,400	13,445	20,955	40,785	23,359	17,426	37,531	14,682	22,849
	150,180	88,405	61,775	133,876	57,227	76,649	162,128	93,905	68,223	147,917	63,722	84,195
2009
Q1	36,511	21,932	14,579	30,821	12,245	18,576	38,284	22,557	15,727	33,438	13,757	19,681
Q2	37,697	22,104	15,593	30,618	11,389	19,229	39,795	22,997	16,798	33,712	13,310	20,402
Q3	35,783	20,486	15,297	28,083	10,468	17,615	38,276	21,670	16,606	31,306	12,440	18,866
Q4	36,373	20,518	15,855	32,034	11,076	20,958	39,305	21,994	17,311	35,904	13,283	22,621
	146,363	85,040	61,323	121,555	45,178	76,377	155,661	89,218	66,442	134,360	52,790	81,570
2010
Q1	37,011	21,462	15,549	29,638	11,166	18,472	38,957	22,420	16,537	32,170	12,767	19,404
Q2	40,218	23,197	17,021	32,280	11,825	20,455	41,708	23,679	18,028	34,663	13,303	21,361
Q3	40,491	23,389	17,102	31,815	11,509	20,306	42,202	24,098	18,104	33,961	12,703	21,257
Q4	40,090	21,685	18,405	35,290	12,356	22,934	42,399	22,933	19,466	37,619	13,457	24,161
	157,811	89,733	68,078	129,023	46,856	82,167	165,266	93,131	72,135	138,414	52,230	86,183
2011
Q1	40,446	22,884	17,562	33,199	12,712	20,487	41,963	23,952	18,011	34,620	13,484	21,135
Q2	42,433	23,183	19,250	33,034	12,252	20,782	44,635	24,557	20,078	34,575	13,158	21,416
Q3	41,653	23,029	18,624	31,463	11,175	20,288	43,768	24,298	19,470	32,724	11,752	20,972
Q4	42,555	22,551	20,004	34,701	12,187	22,514	43,963	23,169	20,794	35,654	12,596	23,058
	167,086	91,647	75,439	132,398	48,326	84,072	174,329	95,976	78,353	137,572	50,991	86,582
2012
Q1	44,488	24,565	19,923	36,284	14,630	21,654	44,923	24,817	20,106	36,605	14,742	21,863
Q2	46,599	24,725	21,874	37,475	13,119	24,356	46,693	24,837	21,855	37,557	13,175	24,383
Q3	45,712	24,435	21,277	35,567	13,379	22,188	45,290	24,109	21,181	35,270	13,217	22,053
Q4	45,708	23,251	22,457	37,753	13,443	24,310	45,600	23,212	22,388	37,648	13,438	24,210
	182,506	96,976	85,530	147,079	54,571	92,508	182,506	96,976	85,530	147,079	54,571	92,508
2013
Q1	43,687	22,467	21,220	35,367	13,796	21,571	43,912	22,767	21,145	35,549	14,044	21,506
Q2	47,498	24,092	23,406	37,436	13,798	23,638	47,384	24,210	23,174	37,405	14,008	23,397
Q3	45,882	23,172	22,710	35,779	13,589	22,190	45,952	23,477	22,475	35,774	13,788	21,986
Q4	46,988	22,032	24,956	39,111	14,397	24,714	47,318	22,555	24,763	39,303	14,768	24,535
	184,056	91,763	92,293	147,694	55,580	92,114	184,565	93,010	91,556	148,031	56,608	91,423
2014
Q1	46,669	24,320	22,349	37,689	14,174	23,515	47,096	25,098	21,998	37,637	14,217	23,421
Q2	53,122	27,196	25,926	41,949	15,017	26,932	53,530	28,093	25,437	41,845	15,186	26,659
Q3	53,069	27,319	25,750	41,550	14,961	26,589	53,314	27,793	25,521	41,340	15,057	26,283
Q4	54,931	27,984	26,947	46,894	16,772	30,122	53,906	28,005	25,901	46,705	17,153	29,552
% growth rate year on year
2008
Q1	-0.7	-4.6	5.5	2.5	-8.1	13.5	1.2	0.9	1.5	0.8	-10.1	12.3
Q2	-1.9	-5.9	4.4	1.0	-6.3	7.4	0.8	1.2	0.2	-0.3	-7.7	6.4
Q3	-1.6	-3.5	1.3	-1.4	-7.5	3.7	-0.7	0.2	-2.0	-2.8	-9.0	2.5
Q4	-1.7	-5.3	4.0	-5.0	-21.1	9.3	-4.6	-8.0	0.4	-7.5	-24.2	7.8
2009
Q1	-0.3	0.8	-2.0	-8.5	-20.7	1.8	-4.2	-3.2	-5.6	-11.0	-20.5	-2.9
Q2	-0.2	-0.3	-0.0	-8.1	-21.3	2.0	-4.0	-5.2	-2.2	-8.9	-18.2	-1.6
Q3	-3.3	-5.0	-1.1	-13.5	-24.5	-5.3	-4.2	-5.7	-2.1	-12.6	-19.6	-7.3
Q4	-6.2	-10.5	0.1	-6.9	-17.6	0.0	-3.6	-5.8	-0.7	-4.3	-9.5	-1.0
2010
Q1	1.4	-2.1	6.7	-3.8	-8.8	-0.6	1.8	-0.6	5.2	-3.8	-7.2	-1.4
Q2	6.7	4.9	9.2	5.4	3.8	6.4	4.8	3.0	7.3	2.8	-0.1	4.7
Q3	13.2	14.2	11.8	13.3	9.9	15.3	10.3	11.2	9.0	8.5	2.1	12.7
Q4	10.2	5.7	16.1	10.2	11.6	9.4	7.9	4.3	12.4	4.8	1.3	6.8
2011
Q1	9.3	6.6	12.9	12.0	13.8	10.9	7.7	6.8	8.9	7.6	5.6	8.9
Q2	5.5	-0.1	13.1	2.3	3.6	1.6	7.0	3.7	11.4	-0.3	-1.1	0.3
Q3	2.9	-1.5	8.9	-1.1	-2.9	-0.1	3.7	0.8	7.5	-3.6	-7.5	-1.3
Q4	6.1	4.0	8.7	-1.7	-1.4	-1.8	3.7	1.0	6.8	-5.2	-6.4	-4.6
2012
Q1	10.0	7.3	13.4	9.3	15.1	5.7	7.1	3.6	11.6	5.7	9.3	3.4
Q2	9.8	6.7	13.6	13.4	7.1	17.2	4.6	1.1	8.9	8.6	0.1	13.9
Q3	9.7	6.1	14.2	13.0	19.7	9.4	3.5	-0.8	8.8	7.8	12.5	5.2
Q4	7.4	3.1	12.3	8.8	10.3	8.0	3.7	0.2	7.7	5.6	6.7	5.0
2013
Q1	-1.8	-8.5	6.5	-2.5	-5.7	-0.4	-2.3	-8.3	5.2	-2.9	-4.7	-1.6
Q2	1.9	-2.6	7.0	-0.1	5.2	-2.9	1.5	-2.5	6.0	-0.4	6.3	-4.0
Q3	0.4	-5.2	6.7	0.6	1.6	0.0	1.5	-2.6	6.1	1.4	4.3	-0.3
Q4	2.8	-5.2	11.1	3.6	7.1	1.7	3.8	-2.8	10.6	4.4	9.9	1.3
2014
Q1	6.8	8.2	5.3	6.6	2.7	9.0	7.3	10.2	4.0	5.9	1.2	8.9
Q2	11.8	12.9	10.8	12.1	8.8	13.9	13.0	16.0	9.8	11.9	8.4	13.9
Q3	15.7	17.9	13.4	16.1	10.1	19.8	16.0	18.4	13.6	15.6	9.2	19.5
Q4	16.9	27.0	8.0	19.9	16.5	21.9	13.9	24.2	4.6	18.8	16.1	20.4

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Show Annex 1B Seasonally Adjusted (SA)-Trade Summary Quarterly Breakdown of trade into goods/services at SA current and SA constant prices

Seasonally Adjusted (SA) Annex 1 - Trade Summary: Quarterly Breakdown of trade into goods/services at SA current and SA constant prices
		Trade at Current Prices					Trade at Constant Prices					€ million
		Exports			Imports			Exports			Imports

	Total	Goods	Services	Total	Goods	Services	Total	Goods	Services	Total	Goods	Services
2008
Q1	37,623	22,074	15,331	34,164	15,232	18,979	40,998	23,689	17,161	38,180	17,126	21,082
Q2	37,019	21,759	15,279	33,315	14,534	18,730	40,773	23,763	16,955	37,013	16,302	20,638
Q3	37,430	21,893	15,470	33,718	14,541	19,068	40,313	23,327	16,963	37,101	16,237	20,891
Q4	38,213	22,796	15,656	32,639	13,017	19,844	40,129	23,250	17,090	35,583	14,172	21,541
	150,284	88,521	61,736	133,836	57,323	76,621	162,213	94,029	68,169	147,877	63,838	84,151

2009
Q1	37,328	22,146	15,094	31,356	12,045	19,338	39,389	22,813	16,417	34,123	13,619	20,548
Q2	36,976	21,681	15,219	30,541	11,397	19,038	38,959	22,521	16,423	33,647	13,266	20,235
Q3	36,131	20,673	15,391	29,381	10,932	18,231	38,523	21,847	16,665	32,606	12,996	19,555
Q4	36,033	20,639	15,567	30,282	10,844	19,749	38,866	22,138	16,880	33,995	12,971	21,201
	146,468	85,139	61,271	121,559	45,217	76,355	155,737	89,319	66,385	134,371	52,852	81,539

2010
Q1	37,838	21,613	16,148	30,257	10,987	19,299	40,019	22,621	17,268	32,948	12,631	20,330
Q2	39,334	22,686	16,578	32,048	11,737	20,152	40,794	23,131	17,636	34,425	13,159	21,104
Q3	40,807	23,463	17,288	33,145	11,997	21,011	42,366	24,148	18,214	35,279	13,253	22,018
Q4	39,931	22,066	18,021	33,581	12,193	21,700	42,142	23,332	18,979	35,787	13,240	22,740
	157,910	89,827	68,034	129,031	46,913	82,162	165,321	93,232	72,097	138,439	52,283	86,192

2011
Q1	40,980	22,961	18,235	33,894	12,453	21,381	43,270	24,103	19,032	35,446	13,305	22,138
Q2	41,729	22,634	18,746	32,636	12,152	20,336	43,376	23,933	19,398	34,168	12,985	20,994
Q3	41,947	22,982	18,884	32,818	11,631	21,084	43,846	24,227	19,603	34,086	12,251	21,805
Q4	42,472	23,170	19,531	33,081	12,082	21,257	43,872	23,799	20,290	33,913	12,446	21,655
	167,128	91,747	75,396	132,429	48,319	84,058	174,364	96,062	78,322	137,614	50,987	86,592

2012
Q1	45,107	24,630	20,659	37,064	14,375	22,653	46,205	24,970	21,101	37,501	14,548	22,916
Q2	45,765	24,041	21,333	36,898	12,952	23,762	45,362	24,076	21,206	36,969	12,973	23,844
Q3	46,040	24,326	21,581	36,939	13,926	23,016	45,339	23,991	21,292	36,670	13,796	22,893
Q4	45,594	24,038	21,929	36,192	13,306	23,082	45,602	24,015	21,919	35,962	13,243	22,895
	182,506	97,036	85,502	147,094	54,560	92,513	182,508	97,052	85,518	147,102	54,560	92,548

2013
Q1	44,315	22,515	21,992	36,219	13,603	22,641	45,265	22,904	22,165	36,498	13,885	22,573
Q2	46,681	23,354	22,858	36,740	13,621	22,916	45,932	23,350	22,499	36,700	13,809	22,748
Q3	46,252	23,075	23,031	37,142	14,124	23,067	45,986	23,376	22,545	37,188	14,388	22,859
Q4	46,762	22,808	24,383	37,596	14,209	23,479	47,368	23,405	24,335	37,653	14,506	23,256
	184,009	91,751	92,265	147,698	55,556	92,103	184,551	93,035	91,545	148,040	56,589	91,437
2014
Q1	47,120	24,374	23,161	38,552	13,950	24,630	48,726	25,266	23,263	38,572	14,040	24,533
Q2	52,551	26,322	25,374	41,222	14,922	26,147	51,779	26,991	24,532	41,131	15,053	25,919
Q3	53,478	27,230	26,073	42,916	15,535	27,491	53,352	27,706	25,542	42,763	15,713	27,175
Q4	54,607	28,981	26,349	45,380	16,485	28,884	53,973	29,110	25,518	45,051	16,764	28,295
	207,755	106,906	100,957	168,069	60,892	107,152	207,830	109,073	98,855	167,517	61,569	105,922
% growth rate quarter on quarter
2008
Q1	-2.7	-7.3	1.4	-1.2	-6.9	4.3	-2.1	-5.2	0.4	-1.3	-7.6	5.2
Q2	-1.6	-1.4	-0.3	-2.5	-4.6	-1.3	-0.6	0.3	-1.2	-3.1	-4.8	-2.1
Q3	1.1	0.6	1.2	1.2	0.0	1.8	-1.1	-1.8	0.1	0.2	-0.4	1.2
Q4	2.1	4.1	1.2	-3.2	-10.5	4.1	-0.5	-0.3	0.7	-4.1	-12.7	3.1

2009
Q1	-2.3	-2.9	-3.6	-3.9	-7.5	-2.6	-1.8	-1.9	-3.9	-4.1	-3.9	-4.6
Q2	-0.9	-2.1	0.8	-2.6	-5.4	-1.6	-1.1	-1.3	0.0	-1.4	-2.6	-1.5
Q3	-2.3	-4.6	1.1	-3.8	-4.1	-4.2	-1.1	-3.0	1.5	-3.1	-2.0	-3.4
Q4	-0.3	-0.2	1.1	3.1	-0.8	8.3	0.9	1.3	1.3	4.3	-0.2	8.4

2010
Q1	5.0	4.7	3.7	-0.1	1.3	-2.3	3.0	2.2	2.3	-3.1	-2.6	-4.1
Q2	4.0	5.0	2.7	5.9	6.8	4.4	1.9	2.3	2.1	4.5	4.2	3.8
Q3	3.7	3.4	4.3	3.4	2.2	4.3	3.9	4.4	3.3	2.5	0.7	4.3
Q4	-2.1	-6.0	4.2	1.3	1.6	3.3	-0.5	-3.4	4.2	1.4	-0.1	3.3

2011
Q1	2.6	4.1	1.2	0.9	2.1	-1.5	2.7	3.3	0.3	-1.0	0.5	-2.6
Q2	1.8	-1.4	2.8	-3.7	-2.4	-4.9	0.2	-0.7	1.9	-3.6	-2.4	-5.2
Q3	0.5	1.5	0.7	0.6	-4.3	3.7	1.1	1.2	1.1	-0.2	-5.7	3.9
Q4	1.3	0.8	3.4	0.8	3.9	0.8	0.1	-1.8	3.5	-0.5	1.6	-0.7

2012
Q1	6.2	6.3	5.8	12.0	19.0	6.6	5.3	4.9	4.0	10.6	16.9	5.8
Q2	1.5	-2.4	3.3	-0.4	-9.9	4.9	-1.8	-3.6	0.5	-1.4	-10.8	4.0
Q3	0.6	1.2	1.2	0.1	7.5	-3.1	-0.0	-0.4	0.4	-0.8	6.4	-4.0
Q4	-1.0	-1.2	1.6	-2.0	-4.5	0.3	0.6	0.1	2.9	-1.9	-4.0	0.0

2013
Q1	-2.8	-6.3	0.3	0.1	2.2	-1.9	-0.7	-4.6	1.1	1.5	4.8	-1.4
Q2	5.3	3.7	3.9	1.4	0.1	1.2	1.5	1.9	1.5	0.6	-0.5	0.8
Q3	-0.9	-1.2	0.8	1.1	3.7	0.7	0.1	0.1	0.2	1.3	4.2	0.5
Q4	1.1	-1.2	5.9	1.2	0.6	1.8	3.0	0.1	7.9	1.3	0.8	1.7

2014
Q1	0.8	6.9	-5.0	2.5	-1.8	4.9	2.9	8.0	-4.4	2.4	-3.2	5.5
Q2	11.5	8.0	9.6	6.9	7.0	6.2	6.3	6.8	5.5	6.6	7.2	5.7
Q3	1.8	3.4	2.8	4.1	4.1	5.1	3.0	2.7	4.1	4.0	4.4	4.8
Q4	2.1	6.4	1.1	5.7	6.1	5.1	1.2	5.1	-0.1	5.4	6.7	4.1

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Show Annex 2 Transportable Goods Industries & Utilities Sector and Building & Construction Sector at Constant Factor Cost - (Chain linked annually and referenced to year 2012)-Non-Seasonally Adjusted and Seasonally Adjusted

Annex 2 Transportable Goods Industries & Utilities Sector and Building & Construction Sector at Constant Factor Cost -
(Chain linked annually and referenced to year 2012) Non-Seasonally Adjusted and Seasonally Adjusted and Seasonally Adjusted

	NON-SEASONALLY ADJUSTED			SEASONALLY ADJUSTED

		of which	of which		of which	of which
Period	Industry	Transportable Goods Industries and Utilities	Building and Construct.	Industry	Transportable Goods Industries and Utilities	Building and construct.
2008
Q1	12,515	10,601	1,690	12,079	10,148	1,717
Q2	12,545	10,940	1,574	12,054	10,289	1,646
Q3	11,482	9,557	1,616	12,039	10,267	1,565
Q4	10,317	8,557	1,464	10,748	8,991	1,423
2009
Q1	11,551	10,362	1,265	11,158	9,931	1,293
Q2	11,396	10,424	1,146	10,785	9,683	1,197
Q3	9,647	8,491	1,140	10,112	9,079	1,098
Q4	9,251	8,204	1,062	9,791	8,772	1,028
2010
Q1	11,346	10,542	829	10,818	9,940	856
Q2	10,984	10,172	840	10,380	9,493	876
Q3	9,884	9,031	892	10,375	9,627	856
Q4	10,071	9,262	842	10,790	10,033	810
2011
Q1	11,135	10,386	755	10,756	9,940	792
Q2	11,351	10,624	726	10,459	9,672	754
Q3	10,356	9,633	734	10,888	10,253	702
Q4	10,486	9,790	700	11,360	10,731	670
2012
Q1	11,373	10,723	630	10,840	10,099	668
Q2	11,906	11,228	656	11,021	10,317	681
Q3	9,775	9,080	710	10,267	9,633	675
Q4	9,253	8,536	744	10,103	9,433	709
2013
Q1	11,224	10,556	668	10,678	9,916	716
Q2	11,147	10,424	723	10,286	9,561	750
Q3	10,083	9,250	834	10,574	9,789	790
Q4	9,251	8,411	840	10,182	9,374	798
2014
Q1	10,664	9,934	729	10,306	9,505	790
Q2	11,872	11,080	792	10,744	9,939	819
Q3	10,160	9,279	880	10,627	9,795	832
Q4	9,635	8,760	875	10,675	9,835	829
Percentage change on corresponding period of previous year				Percentage change on previous quarter
2008
Q1	-3.4	-3.9	-2.2	-6.2	-7.4	3.5
Q2	0.5	1.0	-2.0	-0.2	1.4	-4.1
Q3	-4.2	-3.7	-4.5	-0.1	-0.2	-4.9
Q4	-17.9	-19.4	-14.2	-10.7	-12.4	-9.0
2009
Q1	-7.7	-2.3	-25.2	3.8	10.5	-9.1
Q2	-9.2	-4.7	-27.2	-3.3	-2.5	-7.4
Q3	-16.0	-11.2	-29.5	-6.2	-6.2	-8.3
Q4	-10.3	-4.1	-27.5	-3.2	-3.4	-6.4
2010
Q1	-1.8	1.7	-34.5	10.5	13.3	-16.7
Q2	-3.6	-2.4	-26.7	-4.0	-4.5	2.3
Q3	2.5	6.4	-21.8	-0.0	1.4	-2.3
Q4	8.9	12.9	-20.7	4.0	4.2	-5.3
2011
Q1	-1.9	-1.5	-8.9	-0.3	-0.9	-2.3
Q2	3.3	4.4	-13.5	-2.8	-2.7	-4.8
Q3	4.8	6.7	-17.6	4.1	6.0	-6.9
Q4	4.1	5.7	-16.8	4.3	4.7	-4.5
2012
Q1	2.1	3.2	-16.6	-4.6	-5.9	-0.4
Q2	4.9	5.7	-9.6	1.7	2.2	2.0
Q3	-5.6	-5.7	-3.3	-6.8	-6.6	-0.9
Q4	-11.8	-12.8	6.2	-1.6	-2.1	5.0
2013
Q1	-1.3	-1.6	6.1	5.7	5.1	1.0
Q2	-6.4	-7.2	10.1	-3.7	-3.6	4.8
Q3	3.2	1.9	17.4	2.8	2.4	5.4
Q4	-0.0	-1.5	13.0	-3.7	-4.2	1.0
2014
Q1	-5.0	-5.9	9.2	1.2	1.4	-1.1
Q2	6.5	6.3	9.6	4.3	4.6	3.7
Q3	0.8	0.3	5.6	-1.1	-1.5	1.6
Q4	4.1	4.2	4.1	0.5	0.4	-0.3

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Show Annex 3A Total Domestic Demand at Current Market Prices & Constant Prices (Chain linked annually and referenced to year 2012)- Non Seasonally Adjusted

Annex 3A Total Domestic Demand at Current Market Prices & Constant Prices (Chain linked annually and referenced to year 2012) -Non Seasonally Adjusted
												€ million

	CURRENT MARKET PRICES						CONSTANT MARKET PRICES

Period	Personal consumption of goods and services	Net exp. by central and local government on current goods and services	Gross domestic fixed capital formation	Final Domestic Demand	Value of physical changes in stocks	Total Domestic Demand	Personal consumption of goods and services	Net exp. by central and local government on current goods and services	Gross domestic fixed capital formation	Final Domestic Demand	Value of physical changes in stocks	Total Domestic Demand
2008	94,712	30,775	45,221	170,707	-330	170,377	88,404	30,215	40,535	159,643	-328	159,194
2009	83,565	29,650	33,082	146,297	-1,490	144,807	83,646	29,151	32,225	145,191	-1,471	143,689
2010	82,447	26,437	26,106	134,990	-569	134,421	84,413	27,069	26,418	137,934	-577	137,340
2011	82,969	26,111	24,841	133,921	780	134,701	83,434	26,490	25,650	135,604	782	136,390
2012	82,467	25,922	26,923	135,312	288	135,600	82,467	25,922	26,923	135,312	288	135,600
2013	83,334	25,956	26,541	135,831	837	136,668	81,797	26,273	26,275	134,345	861	135,206
2014	85,619	25,967	30,400	141,985	1,849	143,835	82,732	26,309	29,251	138,293	1,733	140,026
2008
Q1	23,806	7,549	13,930	45,285	-390	44,895	22,359	7,477	12,248	42,416	-596	41,985
Q2	23,107	7,628	10,835	41,571	529	42,099	21,548	7,485	9,699	38,821	818	39,263
Q3	23,254	7,635	11,093	41,982	-27	41,955	21,711	7,449	10,037	39,368	80	39,356
Q4	24,544	7,961	9,363	41,869	-442	41,427	22,786	7,803	8,551	39,037	-630	38,590
	94,712	30,775	45,221	170,707	-330	170,377	88,404	30,215	40,535	159,643	-328	159,194
2009
Q1	21,044	7,780	9,295	38,120	-568	37,550	20,771	7,467	8,833	37,312	-571	36,746
Q2	20,429	7,208	8,449	36,087	14	36,101	20,452	7,339	8,113	35,705	80	35,748
Q3	20,213	7,206	7,082	34,501	-430	34,071	20,430	7,026	7,084	34,608	-486	34,124
Q4	21,879	7,455	8,256	37,590	-505	37,084	21,993	7,319	8,195	37,566	-494	37,071
	83,565	29,650	33,082	146,297	-1,490	144,807	83,646	29,151	32,225	145,191	-1,471	143,689
2010
Q1	20,219	6,697	6,884	33,800	-527	33,272	20,789	6,801	6,887	34,551	-553	33,997
Q2	20,136	6,486	6,829	33,450	-106	33,344	20,670	6,848	6,909	34,237	-67	34,165
Q3	20,314	6,430	5,787	32,530	353	32,883	20,847	6,580	5,995	33,423	348	33,763
Q4	21,778	6,825	6,607	35,210	-288	34,922	22,107	6,839	6,626	35,723	-305	35,415
	82,447	26,437	26,106	134,990	-569	134,421	84,413	27,069	26,418	137,934	-577	137,340
2011
Q1	20,393	6,513	6,665	33,570	-317	33,253	20,699	6,762	6,875	34,194	-366	33,816
Q2	20,302	6,505	6,476	33,282	403	33,685	20,491	6,680	6,657	33,758	358	34,121
Q3	20,075	6,560	5,404	32,039	599	32,638	20,228	6,511	5,557	32,440	632	33,082
Q4	22,199	6,534	6,296	35,029	95	35,124	22,016	6,537	6,561	35,212	158	35,370
	82,969	26,111	24,841	133,921	780	134,701	83,434	26,490	25,650	135,604	782	136,390
2012
Q1	19,895	6,602	6,776	33,272	-577	32,695	20,034	6,602	6,955	33,583	-612	32,962
Q2	19,906	6,430	5,684	32,020	549	32,568	19,986	6,430	5,656	32,088	537	32,631
Q3	20,345	6,511	5,690	32,546	290	32,835	20,412	6,511	5,601	32,544	289	32,836
Q4	22,322	6,380	8,773	37,475	27	37,502	22,035	6,380	8,712	37,098	73	37,172
	82,467	25,922	26,923	135,312	288	135,600	82,467	25,922	26,923	135,312	288	135,600
2013
Q1	20,089	6,431	6,610	33,130	409	33,539	19,873	6,447	6,673	32,993	499	33,493
Q2	20,037	6,459	5,830	32,326	240	32,565	19,745	6,297	5,764	31,806	287	32,093
Q3	20,623	6,475	6,235	33,333	798	34,131	20,269	6,699	6,114	33,083	787	33,870
Q4	22,586	6,591	7,866	37,043	-610	36,433	21,910	6,830	7,723	36,463	-713	35,750
	83,334	25,956	26,541	135,831	837	136,668	81,797	26,273	26,275	134,345	861	135,206
2014
Q1	20,580	6,421	7,133	34,135	482	34,617	20,025	6,567	7,048	33,639	499	34,138
Q2	20,650	6,505	7,127	34,283	102	34,384	20,005	6,638	6,854	33,497	89	33,586
Q3	21,021	6,447	7,356	34,824	543	35,367	20,343	6,460	6,992	33,795	362	34,157
Q4	23,367	6,593	8,783	38,743	723	39,466	22,360	6,644	8,358	37,361	784	38,146
	85,619	25,967	30,400	141,985	1,849	143,835	82,732	26,309	29,251	138,293	1,733	140,026

Percentage change on corresponding period of previous year							Percentage change on corresponding period of previous year
2008
Q1	6.4	6.3	-11.4	0.2		-0.8	3.6	1.5	-4.7	0.3		-0.6
Q2	1.9	6.4	-18.6	-3.7		-3.3	-0.2	2.2	-10.6	-3.0		-2.7
Q3	1.1	3.6	-9.1	-1.4		-0.3	-0.3	-1.2	-1.2	-0.6		0.8
Q4	-2.1	4.5	-28.5	-8.5		-11.6	-2.7	-0.2	-22.2	-7.9		-11.0
2009
Q1	-11.6	3.1	-33.3	-15.8		-16.4	-7.1	-0.1	-27.9	-12.0		-12.5
Q2	-11.6	-5.5	-22.0	-13.2		-14.2	-5.1	-1.9	-16.4	-8.0		-9.0
Q3	-13.1	-5.6	-36.2	-17.8		-18.8	-5.9	-5.7	-29.4	-12.1		-13.3
Q4	-10.9	-6.4	-11.8	-10.2		-10.5	-3.5	-6.2	-4.2	-3.8		-3.9
2010
Q1	-3.9	-13.9	-25.9	-11.3		-11.4	0.1	-8.9	-22.0	-7.4		-7.5
Q2	-1.4	-10.0	-19.2	-7.3		-7.6	1.1	-6.7	-14.8	-4.1		-4.4
Q3	0.5	-10.8	-18.3	-5.7		-3.5	2.0	-6.3	-15.4	-3.4		-1.1
Q4	-0.5	-8.5	-20.0	-6.3		-5.8	0.5	-6.6	-19.1	-4.9		-4.5
2011
Q1	0.9	-2.7	-3.2	-0.7		-0.1	-0.4	-0.6	-0.2	-1.0		-0.5
Q2	0.8	0.3	-5.2	-0.5		1.0	-0.9	-2.5	-3.6	-1.4		-0.1
Q3	-1.2	2.0	-6.6	-1.5		-0.7	-3.0	-1.1	-7.3	-2.9		-2.0
Q4	1.9	-4.3	-4.7	-0.5		0.6	-0.4	-4.4	-1.0	-1.4		-0.1
2012
Q1	-2.4	1.4	1.7	-0.9		-1.7	-3.2	-2.4	1.2	-1.8		-2.5
Q2	-1.9	-1.2	-12.2	-3.8		-3.3	-2.5	-3.8	-15.0	-4.9		-4.4
Q3	1.3	-0.7	5.3	1.6		0.6	0.9	-0.0	0.8	0.3		-0.7
Q4	0.6	-2.3	39.3	7.0		6.8	0.1	-2.4	32.8	5.4		5.1
2013
Q1	1.0	-2.6	-2.5	-0.4		2.6	-0.8	-2.3	-4.1	-1.8		1.6
Q2	0.7	0.5	2.6	1.0		-0.0	-1.2	-2.1	1.9	-0.9		-1.6
Q3	1.4	-0.5	9.6	2.4		3.9	-0.7	2.9	9.2	1.7		3.2
Q4	1.2	3.3	-10.3	-1.2		-2.8	-0.6	7.0	-11.4	-1.7		-3.8
2014
Q1	2.4	-0.2	7.9	3.0		3.2	0.8	1.9	5.6	2.0		1.9
Q2	3.1	0.7	22.3	6.1		5.6	1.3	5.4	18.9	5.3		4.7
Q3	1.9	-0.4	18.0	4.5		3.6	0.4	-3.6	14.3	2.2		0.8
Q4	3.5	0.0	11.7	4.6		8.3	2.1	-2.7	8.2	2.5		6.7
*Chain linked series not additive

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Show Annex 3B Total Domestic Demand at Current Market Prices & Constant Prices (Chain linked annually and referenced to year 2012)- Seasonally Adjusted

Annex 3B Total Domestic Demand at Current Market Prices & Constant Prices (Chain linked annually and referenced to year 2012) -Seasonally Adjusted
												€ million
	CURRENT MARKET PRICES						CONSTANT MARKET PRICES

Period	Personal comsumption of goods and services	Net exp. by central and local government on current goods and services	Gross domestic fixed capital formation	Final Domestic Demand	Value of physical changes in stock	Total Domestic Demand	Personal Personal comsumption of goods and services	Net exp. by central and local government on current goods and services	Gross domestic fixed capital formation	Final Domestic Demand	Value of physical changes in stock	Total Domestic Demand
2008
Q1	23,934	7,595	13,152	44,852	-300	44,768	22,485	7,561	11,388	41,988	-509	41,609
Q2	23,689	7,681	10,939	42,441	198	42,857	22,045	7,544	9,916	39,752	342	39,995
Q3	23,797	7,682	11,961	43,219	144	43,606	22,129	7,532	10,801	40,607	385	40,858
Q4	23,255	7,823	9,122	40,165	-418	39,209	21,689	7,597	8,394	37,326	-603	36,777
2009
Q1	21,278	7,833	8,800	37,945	-371	37,723	21,016	7,528	8,231	37,076	-363	36,689
Q2	20,921	7,232	8,513	36,795	-289	36,719	20,922	7,367	8,263	36,509	-329	36,348
Q3	20,662	7,255	7,714	35,586	-451	35,311	20,833	7,140	7,708	35,765	-434	35,332
Q4	20,652	7,346	7,955	35,834	-406	34,976	20,808	7,142	7,959	35,749	-376	35,210
2010
Q1	20,474	6,726	6,542	33,716	-274	33,522	21,065	6,852	6,414	34,380	-314	34,040
Q2	20,698	6,509	6,884	34,215	-360	34,024	21,216	6,845	7,059	35,102	-363	34,847
Q3	20,745	6,461	6,365	33,612	187	34,001	21,228	6,689	6,604	34,562	218	34,891
Q4	20,464	6,755	6,251	33,320	-139	32,835	20,843	6,719	6,312	33,813	-141	33,505
2011
Q1	20,849	6,530	6,378	33,777	-44	33,788	21,152	6,743	6,474	34,284	-101	34,209
Q2	20,792	6,529	6,589	33,993	204	34,288	20,961	6,717	6,828	34,571	131	34,672
Q3	20,477	6,570	5,934	33,088	355	33,648	20,584	6,588	6,132	33,488	421	34,115
Q4	20,776	6,492	5,877	32,969	254	32,965	20,685	6,462	6,146	33,188	318	33,351
2012
Q1	20,333	6,601	6,529	33,469	-336	33,131	20,453	6,578	6,570	33,688	-409	33,255
Q2	20,502	6,464	5,853	32,925	436	33,394	20,574	6,462	5,894	33,057	429	33,424
Q3	20,741	6,514	6,205	33,567	20	33,783	20,752	6,564	6,161	33,528	77	33,831
Q4	20,807	6,339	8,099	35,129	152	35,139	20,646	6,314	8,044	34,833	170	34,936
2013
Q1	20,560	6,442	6,403	33,345	623	33,909	20,292	6,447	6,325	33,140	659	33,714
Q2	20,706	6,481	6,097	33,415	192	33,592	20,404	6,311	6,116	32,925	257	33,091
Q3	21,009	6,491	6,708	34,296	539	35,065	20,590	6,755	6,655	34,012	613	34,885
Q4	20,994	6,527	7,230	34,639	-523	34,067	20,478	6,738	7,073	34,126	-673	33,488
2014
Q1	21,215	6,468	6,927	34,560	663	35,158	20,578	6,587	6,748	33,981	633	34,550
Q2	21,257	6,499	7,546	35,381	105	35,413	20,581	6,647	7,318	34,649	92	34,555
Q3	21,406	6,479	7,842	35,762	300	36,303	20,649	6,531	7,549	34,691	230	35,178
Q4	21,681	6,509	8,035	36,171	783	36,843	20,909	6,527	7,604	34,881	778	35,649
Percentage change on previous quarter							Percentage change on previous quarter
2008
Q1	0.4	1.6	1.9	1.6		0.4	0.3	-0.5	4.5	3.1		0.3
Q2	-1.0	1.1	-16.8	-5.4		-4.3	-2.0	-0.2	-12.9	-5.3		-3.9
Q3	0.5	0.0	9.3	1.8		1.7	0.4	-0.2	8.9	2.2		2.2
Q4	-2.3	1.8	-23.7	-7.1		-10.1	-2.0	0.9	-22.3	-8.1		-10.0
2009
Q1	-8.5	0.1	-3.5	-5.5		-3.8	-3.1	-0.9	-1.9	-0.7		-0.2
Q2	-1.7	-7.7	-3.3	-3.0		-2.7	-0.4	-2.1	0.4	-1.5		-0.9
Q3	-1.2	0.3	-9.4	-3.3		-3.8	-0.4	-3.1	-6.7	-2.0		-2.8
Q4	-0.0	1.2	3.1	0.7		-0.9	-0.1	0.0	3.3	-0.0		-0.3
2010
Q1	-0.9	-8.4	-17.8	-5.9		-4.2	1.2	-4.1	-19.4	-3.8		-3.3
Q2	1.1	-3.2	5.2	1.5		1.5	0.7	-0.1	10.1	2.1		2.4
Q3	0.2	-0.7	-7.5	-1.8		-0.1	0.1	-2.3	-6.4	-1.5		0.1
Q4	-1.4	4.6	-1.8	-0.9		-3.4	-1.8	0.5	-4.4	-2.2		-4.0
2011
Q1	1.9	-3.3	2.0	1.4		2.9	1.5	0.4	2.6	1.4		2.1
Q2	-0.3	-0.0	3.3	0.6		1.5	-0.9	-0.4	5.5	0.8		1.4
Q3	-1.5	0.6	-9.9	-2.7		-1.9	-1.8	-1.9	-10.2	-3.1		-1.6
Q4	1.5	-1.2	-0.9	-0.4		-2.0	0.5	-1.9	0.2	-0.9		-2.2
2012
Q1	-2.1	1.7	11.1	1.5		0.5	-1.1	1.8	6.9	1.5		-0.3
Q2	0.8	-2.1	-10.4	-1.6		0.8	0.6	-1.8	-10.3	-1.9		0.5
Q3	1.2	0.8	6.0	1.9		1.2	0.9	1.6	4.5	1.4		1.2
Q4	0.3	-2.7	30.5	4.7		4.0	-0.5	-3.8	30.6	3.9		3.3
2013
Q1	-1.2	1.6	-20.9	-5.1		-3.5	-1.7	2.1	-21.4	-4.9		-3.5
Q2	0.7	0.6	-4.8	0.2		-0.9	0.6	-2.1	-3.3	-0.7		-1.8
Q3	1.5	0.1	10.0	2.6		4.4	0.9	7.0	8.8	3.3		5.4
Q4	-0.1	0.6	7.8	1.0		-2.8	-0.5	-0.3	6.3	0.3		-4.0
2014
Q1	1.1	-0.9	-4.2	-0.2		3.2	0.5	-2.2	-4.6	-0.4		3.2
Q2	0.2	0.5	8.9	2.4		0.7	0.0	0.9	8.4	2.0		0.0
Q3	0.7	-0.3	3.9	1.1		2.5	0.3	-1.7	3.2	0.1		1.8
Q4	1.3	0.5	2.5	1.1		1.5	1.3	-0.1	0.7	0.5		1.3

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Background Notes

Introduction

This release gives the official quarterly national accounts estimates for Ireland. It provides the first set of results for Q4 of 2014 and preliminary results for the year 2014

National accounts are compiled in the EU according to the European System of National and Regional Accounts (ESA) framework. In 2014, the new ESA 2010 framework will replace the current ESA 95 version and all EU member states are 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 results for all years in this release are published on an ESA 2010 basis. For Ireland, the ESA 2010 change with the greatest impact on gross domestic product (GDP) is the new treatment of research and development (R&D) expenditure. Under ESA95, R&D expenditure was treated as an ancillary cost to the main production of an enterprise, while under ESA2010, R&D expenditure is recognised as capital investment.

In addition to the ESA 2010 changes, the results include additional estimates for illegal economic activities in line with the requirement from the European statistical agency, Eurostat to include such estimates in the National Accounts before September 2014.

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 2014.

Nace classification

In compliance with EU regulations the Nace Rev. 2 classification system is used in tables 1, 4 and Annex 2. (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 five sectors. The contents of the sectors conform to the Nace Rev. 2 system. The “Publishing” industry is classified in the sector “Distribution, transport, software and communication”. In addition, enterprises in the Hotels and catering sector are also classified to this sector. The “Software” industry is also part of the “Distribution transport, software and communications” category in the NACE rev 2 classification.

In tables 1 and 4 the following is the correspondence with the relevant sections of Nace Rev. 2:

Agriculture, forestry and fishing	Section A
Industry	Sections B to F
Distribution, transport, software & communications	Sections G to J
Public Administration and Defence	Section O
Other Services	Sections K to N and P to U

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

http://www.cso.ie/en/surveysandmethodology/classifications/classificationofindustrialactivity.

Current Price

For the annual accounts, GDP at current prices is calculated using two independent approaches i.e. the income and expenditure methods. On a quarterly basis, it is not possible to compile a reliable income based estimate. The estimates in current prices are on the expenditure basis only and these are supplied in Table 2. The balancing item (i.e. the statistical discrepancy) which is required to adjust the expenditure based estimate to the definitive measure of GDP (the average of income and expenditure) has been projected forward into 2014 in line with the trend in the aggregate of all the other expenditure items

Volumes

At constant prices, two measures (output and expenditure) are used. These measures are now being 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 2012 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 Payments statistics that are based on the new BPM6 framework introduced in the Q1 2014 Balance of Payments release. (BPM6 is consistent with ESA 2010:for further details please refer to Q1 2014 Balance of Payments release) 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 Payments data released previously, this FISIM adjustment was not carried out. However, under the new BPM6 framework,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: 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.

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 industy 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.

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

Distribution, Transport, Software and Communications

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.

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

Public Administration and Defence

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

Other Services (Incl. Rent)

The Other Services category covers 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.

Taxes and 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

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 Payments statistics except for the FISIM adjustment (see the definition of this item above).

Tables 2 and 3: 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 Department of Environment’s (DoE) Quarterly Housing Bulletin. 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 previousyear using appropriate price indices such as components of the Wholesale Price Index (WPI) and indices for construction activity 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 pricescovers 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 Payments series. An adjustment is made for FISIM (see the definition of “net factor income from the rest of the world” page 12) Current price estimates are converted to previous year prices using the available price indices, including export and import unit value indices.

A very significant fall in the pattern of distributive type trade with Great Britain in Electrical machinery and parts in 2002 has a very large influence on year-on-year comparisons of both exports and imports for 2003 and the latter part of 2002. While the comparisons of gross flows are considerably influenced, the net balance of trade is not significantly affected.

Seasonal Adjustment

Seasonal adjustment is conducted using the direct seasonal adjustment approach. Under this approach each individual time series is independently adjusted, i.e. aggregate series are adjusted without reference to the component series. This direct approach is applied to GDP and GNP and the seasonally adjusted GDP and GNP are not derived as the sum of the seasonally adjusted components (such as Personal Consumption, Exports etc.) but rather by seasonally adjusting the unadjusted values of GDP and GNP as shown in Tables 1 - 3. On this account, and also because of the statistical discrepancy in the original series, the sum of the seasonally adjusted components of GDP and GNP do not add to the respective seasonally adjusted series. As part of the seasonal adjustment process, ARIMA models are identified for each series based on unadjusted data spanning Q1 1997 to Q1 2014. These models are then applied to the entire series (Q1 1997 to Q4 2014). Seasonal factors and the parameters of the ARIMA models are updated each quarter.

The adjustments are completed by applying the X-12-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, for example:

• 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-12-ARIMA see (Findley, D.F., B.C. Monsell, W.R. Bell, M.C. Otto, and B. Chen (1998), “New Capabilities and Methods of the X-12-Arima Seasonal Adjustment Program”, Journal of Business & Economic Statistics, 16, pp. 127-177.)

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See also:

For more information on this release:

For general information on CSO statistics:

Quarterly National Accounts

Quarter 4 2014 and Year 2014 (Preliminary)

Annual increase of 4.8 per cent in GDP in 2014

Background Notes

Nace classification

Current Price

Volumes

Definitions

Agriculture, Forestry and Fishing

Industry

Distribution, Transport, Software and Communications

Public Administration and Defence

Other Services (Incl. Rent)

Taxes and Subsidies

Net factor income from the rest of the world

Tables 2 and 3: Expenditure Measures

Seasonal Adjustment

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