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Quarterly National Accounts Quarter 1 2022 Final

GDP - Expenditure

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Personal Consumption Expenditure decreased by 1.3% in Q1

Table 3.1 Expenditure Components of GDP¹, Q1 2022²
	Amount €m	Quarterly % change
Personal Consumption of Goods and Services	26,771	-1.3
Net Expenditure by Central and Local Government on Current Goods and Services	10,666	-4.6
Gross Domestic Fixed Capital Formation	21,084	-45.7
Net Exports	53,294
Exports of Goods and Services	154,194	5.3
Less Imports of Goods and Services	-100,900	-14.4
Gross Domestic Product	113,716	6.3
¹Series not additive, Value of Physical Changes in Stocks not shown on table (see Table 3.5 for full detail).
²Constant Market Prices, chain linked annually and referenced to year 2020 and seasonally adjusted.

Open in Excel: Quarterly National Accounts Q1 2022 Table 3.1 (XLS 11KB)

On the expenditure side of the accounts (Table 3.5), Capital Investment decreased by €14.2 billion in Q1 compared with the previous quarter and accounted for 39.7% of total domestic demand in Q1 2022.

Personal Consumption Expenditure fell by 1.3% in Q1 2022 compared to Q4 2021, while Government expenditure decreased by 4.6% over the same period. There was an overall increase in real GDP of 6.3%, driven by an increase in net exports.

	Personal Consumption Expenditure	Government Expenditure	Gross Fixed Capital Formation	Value of Physical Changes in Stocks	Net Exports	GDP
Q1 2020	26.432074294	9.3059449871	77.995456994	2.039149497	-23.07445849	92.670551259
Q2 2020	22.73662646	10.431462222	17.65744531	1.791065954	35.769973018	87.602209476
Q3 2020	25.712663788	10.481519082	25.263335658	0.434799916	39.42999461	98.913925707
Q4 2020	24.863266529	10.649294038	37.165386184	0.226690679	19.37555817	93.959443283
Q1 2021	23.113659113	10.85231134	18.309314072	2.066366305	49.661248524	102.56628132
Q2 2021	26.653179549	10.728313195	19.427493723	0.301713353	49.368262751	104.77182915
Q3 2021	27.295466351	10.759028727	19.783858037	2.855509063	48.48788358	108.86576204
Q4 2021	27.133090908	11.175332497	38.805263037	0.036727928	28.58279194	107.02270738
Q1 2022	26.770521329	10.666484027	21.083538618	3.592985421	53.29430234	113.71557721

Get the data: NAQ04

	Building & Construction	Machinery & Equipment	Intangibles	Machinery & Equipment + Intangibles	Gross Domestic Fixed Capital Formation
Q1 2020	6.839057693	0	0	71.156399301	77.995456994
Q2 2020	4.6896443462	3.0401859404	9.9276150235	0	17.65744531
Q3 2020	6.0176639205	5.5883633077	13.657308429	0	25.263335658
Q4 2020	6.4096655036	0	0	30.7557206804	37.165386184
Q1 2021	5.1494890562	5.6889161777	7.4709088382	0	18.309314072
Q2 2021	6.0355933857	5.567445103	7.8244552345	0	19.427493723
Q3 2021	5.8619508275	5.4489124516	8.4729947574	0	19.783858037
Q4 2021	6.2270556698	6.3844059217	26.193801445	0	38.805263037
Q1 2022	6.5132727172	5.8113918468	8.7588740539	0	21.083538618

Get the data: NAQ04

Comparisons with Q1 2021
On the expenditure side of the accounts (Table 3.3) Capital Investment grew by €4.1 billion. Personal Consumption showed an increase of 15.3% while Government expenditure decreased by 2.1% over the same period. Exports of Goods and Services grew by 14.8% (or €19.2 billion) in Q1 2022 compared with the same quarter of 2021. Imports of Goods and Services grew by 19.7% (or €16.1 billion) over the same period. Net Exports therefore increased by 6.3% or €3.0 billion over the period year-on-year.

Table 3.2 Expenditure on Gross National Product at Current Market Prices

Table 3.2 Expenditure on Gross National Product at Current Market Prices										€million
Period	Personal Consumption of Goods and Services	Net Exp. by Central and Local Government on Current Goods and Services	Gross Domestic Fixed Capital Formation¹	Value of Physical Changes in Stocks¹	Exports of Goods and Services	Imports of Goods and Services	Statistical Discrepancy	GDP at Current Market Prices	Net Factor Income from Rest of World	GNP at Current Market Prices
2016	96,316	29,389	96,817	4,750	328,828	-286,532	637	270,205	-50,842	219,363
2017	100,256	31,139	98,743	4,200	360,344	-294,747	-2,171	297,763	-62,039	235,724
2018	106,259	32,988	92,740	519	401,053	-307,985	1,057	326,631	-74,463	252,168
2019	111,048	36,182	193,706	2,320	456,153	-443,633	929	356,705	-80,774	275,931
2020	99,875	40,901	158,066	4,672	497,130	-426,631	-1,175	372,836	-93,268	279,569
2021	108,457	44,598	99,196	6,107	572,988	-405,102	40	426,283	-103,595	322,688

2016
Q1	23,602	7,193	19,048	747	78,870	-66,139	1,083	64,405	-11,272	53,133
Q2	23,125	7,251	24,355	399	80,231	-72,708	703	63,356	-11,524	51,832
Q3	23,823	7,445	22,760	490	82,628	-68,641	82	68,585	-14,599	53,986
Q4	25,766	7,500	30,655	3,113	87,100	-79,044	-1,230	73,860	-13,447	60,412
2017
Q1	24,291	7,486	15,272	-629	84,452	-62,692	1,298	69,477	-15,405	54,072
Q2	23,973	7,664	53,113	1,907	86,916	-101,135	-2,533	69,906	-16,587	53,318
Q3	25,058	7,940	14,238	2,979	89,125	-60,230	-1,608	77,503	-14,089	63,414
Q4	26,934	8,049	16,120	-57	99,851	-70,691	671	80,877	-15,958	64,919
2018
Q1	25,497	8,026	15,456	1,818	91,974	-62,861	-628	79,282	-18,325	60,957
Q2	25,713	8,199	17,269	125	98,657	-70,602	-995	78,364	-17,522	60,842
Q3	26,721	8,489	19,317	-7	100,917	-72,332	1,671	84,776	-17,821	66,955
Q4	28,329	8,274	40,699	-1,416	109,506	-102,191	1,009	84,209	-20,795	63,414
2019
Q1	26,778	8,748	17,772	1,590	106,896	-76,011	-142	85,632	-19,885	65,747
Q2	27,004	9,007	60,981	-395	110,225	-121,872	22	84,973	-21,364	63,608
Q3	27,796	9,218	21,917	1,063	115,276	-82,747	686	93,210	-20,281	72,929
Q4	29,470	9,208	93,035	62	123,756	-163,004	363	92,890	-19,244	73,647
2020
Q1	25,591	9,330	79,166	2,144	118,474	-142,211	539	93,033	-22,997	70,036
Q2	21,689	10,303	17,260	1,850	113,429	-78,773	-1,092	84,665	-22,590	62,076
Q3	25,924	10,375	24,131	427	120,949	-80,981	278	101,102	-29,586	71,516
Q4	26,671	10,893	37,508	252	144,278	-124,665	-900	94,036	-18,095	75,941
2021
Q1	22,628	10,634	18,077	2,201	131,026	-83,478	134	101,222	-29,476	71,746
Q2	26,306	10,972	19,770	522	138,514	-93,173	-1,426	101,483	-27,995	73,488
Q3	28,744	11,401	20,662	3,198	145,697	-95,729	894	114,868	-26,905	87,963
Q4	30,779	11,591	40,688	187	157,751	-132,722	438	108,710	-19,219	89,491
2022
Q1	27,665	10,984	22,581	4,238	156,429	-103,202	-1,692	117,002	-35,204	81,799

Percentage change on corresponding period of previous year
2016	5.3	4.8	52.8		2.4	16.7		2.7		9.0
2017	4.1	6.0	2.0		9.6	2.9		10.2		7.5
2018	6.0	5.9	-6.1		11.3	4.5		9.7		7.0
2019	4.5	9.7	108.9		13.7	44.0		9.2		9.4
2020	-10.1	13.0	-18.4		9.0	-3.8		4.5		1.3
2021	8.6	9.0	-37.2		15.3	-5.0		14.3		15.4

2016
Q1	7.7	4.3	58.0		5.8	23.5		1.7		13.0
Q2	5.0	4.1	76.8		2.5	22.3		0.6		0.9
Q3	4.0	6.2	60.2		0.7	14.8		1.0		8.1
Q4	4.4	4.4	31.3		1.1	8.8		7.5		14.3
2017
Q1	2.9	4.1	-19.8		7.1	-5.2		7.9		1.8
Q2	3.7	5.7	118.1		8.3	39.1		10.3		2.9
Q3	5.2	6.7	-37.4		7.9	-12.3		13.0		17.5
Q4	4.5	7.3	-47.4		14.6	-10.6		9.5		7.5
2018
Q1	5.0	7.2	1.2		8.9	0.3		14.1		12.7
Q2	7.3	7.0	-67.5		13.5	-30.2		12.1		14.1
Q3	6.6	6.9	35.7		13.2	20.1		9.4		5.6
Q4	5.2	2.8	152.5		9.7	44.6		4.1		-2.3
2019
Q1	5.0	9.0	15.0		16.2	20.9		8.0		7.9
Q2	5.0	9.9	253.1		11.7	72.6		8.4		4.5
Q3	4.0	8.6	13.5		14.2	14.4		9.9		8.9
Q4	4.0	11.3	128.6		13.0	59.5		10.3		16.1
2020
Q1	-4.4	6.7	345.4		10.8	87.1		8.6		6.5
Q2	-19.7	14.4	-71.7		2.9	-35.4		-0.4		-2.4
Q3	-6.7	12.6	10.1		4.9	-2.1		8.5		-1.9
Q4	-9.5	18.3	-59.7		16.6	-23.5		1.2		3.1
2021
Q1	-11.6	14.0	-77.2		10.6	-41.3		8.8		2.4
Q2	21.3	6.5	14.5		22.1	18.3		19.9		18.4
Q3	10.9	9.9	-14.4		20.5	18.2		13.6		23.0
Q4	15.4	6.4	8.5		9.3	6.5		15.6		17.8
2022
Q1	22.3	3.3	24.9		19.4	23.6		15.6		14.0
¹Cultivated biological resources have been reclassified from value of physical changes in stocks to be included with gross domestic fixed capital formation (GFCF). Valuables have been reclassified from GFCF to be included with value of physical changes in stocks. These changes have been made to align with European system of accounts 2010 (ESA 2010) classifications.

Open in Excel: Quarterly National Accounts Q1 2022 Table 3.2 (XLS 21KB)

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Table 3.3 Expenditure on Gross National Product at Constant Market Prices (Chain linked annually and referenced to year 2020)¹

Table 3.3 Expenditure on Gross National Product at Constant Market Prices (Chain linked annually and referenced to year 2020)¹									€million
Period	Personal Consumption of Goods and Services	Net Exp. by Central and Local Government on Current Goods and Services	Gross Domestic Fixed Capital Formation²	Value of Physical Changes in Stocks²	Exports of Goods and Services	Imports of Goods and Services	GDP at Constant Market Prices	Net Factor Income from Rest of World	GNP at Constant Market Prices
2016	102,162	31,658	103,317	3,840	332,117	-295,254	281,488	-51,650	230,220
2017	104,812	32,856	102,625	3,378	364,116	-298,736	306,837	-63,010	244,021
2018	109,177	34,321	94,250	482	399,815	-306,105	333,003	-74,407	258,691
2019	112,085	36,644	189,385	2,225	447,185	-435,660	351,121	-78,925	272,284
2020	99,875	40,901	158,066	4,672	497,130	-426,631	372,836	-93,268	279,569
2021	104,479	43,562	96,465	5,647	567,057	-391,008	423,498	-102,723	320,775

2016
Q1	25,189	7,730	20,388	634	79,410	-69,331	67,214	-11,409	55,961
Q2	24,443	7,803	26,391	377	81,874	-75,075	66,674	-11,829	54,964
Q3	25,124	7,974	24,544	433	83,339	-70,548	70,271	-14,818	55,413
Q4	27,406	8,150	31,995	2,397	87,494	-80,300	77,329	-13,594	63,882
2017
Q1	25,625	7,983	16,004	-490	83,460	-62,878	71,244	-15,324	55,942
Q2	24,963	8,069	55,504	1,487	86,424	-102,254	71,948	-16,599	55,334
Q3	26,109	8,352	14,745	2,349	90,194	-61,062	80,383	-14,352	66,154
Q4	28,115	8,451	16,371	32	104,037	-72,542	83,262	-16,736	66,591
2018
Q1	26,478	8,264	15,762	1,497	91,395	-63,341	80,244	-18,252	62,008
Q2	26,363	8,568	17,509	116	98,874	-70,781	81,153	-17,601	63,585
Q3	27,305	8,858	19,556	26	99,733	-70,628	86,376	-17,652	68,780
Q4	29,031	8,631	41,423	-1,157	109,812	-101,356	85,230	-20,901	64,318
2019
Q1	27,241	8,930	17,821	1,550	103,711	-74,970	83,755	-19,234	64,531
Q2	27,177	9,059	60,314	-373	108,606	-120,369	84,604	-20,987	63,586
Q3	27,982	9,448	21,506	980	112,605	-81,965	92,134	-19,751	72,432
Q4	29,684	9,207	89,744	68	122,264	-158,355	90,629	-18,954	71,735
2020
Q1	25,498	9,226	77,178	2,084	115,231	-140,297	90,261	-22,334	67,930
Q2	21,798	10,388	17,212	1,836	113,652	-77,660	85,786	-22,600	63,175
Q3	25,856	10,493	24,709	480	123,860	-81,509	102,598	-30,253	72,300
Q4	26,723	10,793	38,967	272	144,387	-127,165	94,191	-18,081	76,164
2021
Q1	22,195	10,748	17,600	2,163	129,656	-81,802	100,534	-29,143	71,391
Q2	25,518	10,695	19,019	398	140,884	-91,354	102,534	-28,449	74,085
Q3	27,524	10,696	19,422	2,952	144,011	-92,366	113,238	-26,569	86,669
Q4	29,241	11,423	40,424	133	152,506	-125,486	107,192	-18,562	88,630
2022
Q1	25,592	10,520	20,190	3,690	148,835	-97,947	111,297	-33,465	77,832

Percentage change on corresponding period of previous year
2016	4.6	4.4	50.3		4.6	19.0	2.0		7.5
2017	2.6	3.8	-0.7		9.6	1.2	9.0		6.0
2018	4.2	4.5	-8.2		9.8	2.5	8.5		6.0
2019	2.7	6.8	100.9		11.8	42.3	5.4		5.3
2020	-10.9	11.6	-16.5		11.2	-2.1	6.2		2.7
2021	4.6	6.5	-39.0		14.1	-8.3	13.6		14.7

2016
Q1	6.7	3.1	52.4		7.1	26.8	-1.4		8.4
Q2	4.0	3.6	73.0		6.3	26.2	1.1		0.6
Q3	3.5	5.1	55.8		2.5	16.9	-1.7		4.0
Q4	4.3	5.9	31.3		2.9	9.1	9.8		17.1
2017
Q1	1.7	3.3	-21.5		5.1	-9.3	6.0		-0.0
Q2	2.1	3.4	110.3		5.6	36.2	7.9		0.7
Q3	3.9	4.7	-39.9		8.2	-13.4	14.4		19.4
Q4	2.6	3.7	-48.8		18.9	-9.7	7.7		4.2
2018
Q1	3.3	3.5	-1.5		9.5	0.7	12.6		10.8
Q2	5.6	6.2	-68.5		14.4	-30.8	12.8		14.9
Q3	4.6	6.1	32.6		10.6	15.7	7.5		4.0
Q4	3.3	2.1	153.0		5.6	39.7	2.4		-3.4
2019
Q1	2.9	8.1	13.1		13.5	18.4	4.4		4.1
Q2	3.1	5.7	244.5		9.8	70.1	4.3		0.0
Q3	2.5	6.7	10.0		12.9	16.1	6.7		5.3
Q4	2.3	6.7	116.7		11.3	56.2	6.3		11.5
2020
Q1	-6.4	3.3	333.1		11.1	87.1	7.8		5.3
Q2	-19.8	14.7	-71.5		4.6	-35.5	1.4		-0.6
Q3	-7.6	11.1	14.9		10.0	-0.6	11.4		-0.2
Q4	-10.0	17.2	-56.6		18.1	-19.7	3.9		6.2
2021
Q1	-13.0	16.5	-77.2		12.5	-41.7	11.4		5.1
Q2	17.1	2.9	10.5		24.0	17.6	19.5		17.3
Q3	6.5	1.9	-21.4		16.3	13.3	10.4		19.9
Q4	9.4	5.8	3.7		5.6	-1.3	13.8		16.4
2022
Q1	15.3	-2.1	14.7		14.8	19.7	10.7		9.0
¹Chain linked series not additive
²Cultivated biological resources have been reclassified from value of physical changes in stocks to be included with gross domestic fixed capital formation (GFCF). Valuables have been reclassified from GFCF to be included with value of physical changes in stocks. These changes have been made to align with European system of accounts 2010 (ESA 2010) classifications.

Open in Excel: Quarterly National Accounts Q1 2022 Table 3.3 (XLS 22KB)

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

Table 3.4 Expenditure on Gross National Product at Current Market Prices - Seasonally Adjusted									€million
Period	Personal Consumption of Goods and Services	Net Exp. by Central and Local Government on Current Goods and Services	Gross Domestic Fixed Capital Formation¹	Value of Physical Changes in Stocks¹	Exports of Goods and Services	Imports of Goods and Services	GDP at Current Market Prices	Net Factor Income from Rest of World	GNP at Current Market Prices
2016
Q1	24,080	7,261	19,497	113	81,774	-67,963	65,057	-9,957	55,100
Q2	23,908	7,263	24,352	387	79,669	-72,545	64,499	-10,918	53,580
Q3	24,003	7,380	23,122	451	82,805	-70,281	67,377	-14,508	52,868
Q4	24,314	7,482	29,667	3,850	84,342	-75,991	72,666	-15,646	57,020
2017
Q1	24,777	7,559	15,822	-1,348	86,067	-64,532	69,658	-13,853	55,804
Q2	24,811	7,681	53,286	1,918	88,111	-101,463	72,162	-15,960	56,202
Q3	25,180	7,868	14,546	2,946	89,425	-63,099	75,357	-14,021	61,336
Q4	25,405	8,018	14,956	733	96,490	-64,816	80,499	-18,346	62,153
2018
Q1	26,114	8,118	16,142	1,017	94,816	-64,874	80,116	-16,599	63,517
Q2	26,607	8,221	17,542	154	99,040	-71,052	80,768	-16,876	63,892
Q3	26,758	8,405	19,582	-29	101,443	-74,892	82,418	-17,745	64,673
Q4	26,657	8,222	39,370	-581	105,432	-96,378	83,279	-23,383	59,896
2019
Q1	27,612	8,880	18,488	723	108,402	-78,533	85,617	-17,994	67,623
Q2	27,981	9,031	61,496	-362	112,378	-123,490	88,142	-20,686	67,456
Q3	27,693	9,120	22,112	1,065	116,175	-85,775	90,234	-20,200	70,034
Q4	27,634	9,124	91,404	932	118,824	-156,993	91,777	-22,044	69,734
2020
Q1	26,582	9,503	80,073	1,214	119,834	-144,936	92,820	-20,924	71,896
Q2	22,530	10,331	17,695	1,891	115,915	-80,370	87,919	-21,886	66,032
Q3	25,690	10,260	24,392	455	122,088	-83,051	98,258	-29,502	68,756
Q4	24,940	10,760	35,882	1,139	138,629	-115,053	94,823	-21,107	73,716
2021
Q1	23,613	10,868	18,768	1,225	132,289	-88,740	99,555	-27,215	72,340
Q2	27,425	11,002	20,346	564	141,782	-95,077	105,569	-27,272	78,298
Q3	28,365	11,276	20,955	3,255	147,345	-99,089	111,167	-26,826	84,341
Q4	28,693	11,419	38,783	1,090	150,904	-121,596	109,634	-22,427	87,207
2022
Q1	28,987	11,252	23,530	3,210	157,952	-107,716	116,041	-32,764	83,277

Percentage change on previous quarter
2016
Q1	3.5	1.3	-13.5		-2.4	-0.8	-5.3		8.3
Q2	-0.7	0.0	24.9		-2.6	6.7	-0.9		-2.8
Q3	0.4	1.6	-5.0		3.9	-3.1	4.5		-1.3
Q4	1.3	1.4	28.3		1.9	8.1	7.9		7.9
2017
Q1	1.9	1.0	-46.7		2.0	-15.1	-4.1		-2.1
Q2	0.1	1.6	236.8		2.4	57.2	3.6		0.7
Q3	1.5	2.4	-72.7		1.5	-37.8	4.4		9.1
Q4	0.9	1.9	2.8		7.9	2.7	6.8		1.3
2018
Q1	2.8	1.2	7.9		-1.7	0.1	-0.5		2.2
Q2	1.9	1.3	8.7		4.5	9.5	0.8		0.6
Q3	0.6	2.2	11.6		2.4	5.4	2.0		1.2
Q4	-0.4	-2.2	101.0		3.9	28.7	1.0		-7.4
2019
Q1	3.6	8.0	-53.0		2.8	-18.5	2.8		12.9
Q2	1.3	1.7	232.6		3.7	57.2	2.9		-0.2
Q3	-1.0	1.0	-64.0		3.4	-30.5	2.4		3.8
Q4	-0.2	0.0	313.4		2.3	83.0	1.7		-0.4
2020
Q1	-3.8	4.2	-12.4		0.8	-7.7	1.1		3.1
Q2	-15.2	8.7	-77.9		-3.3	-44.5	-5.3		-8.2
Q3	14.0	-0.7	37.9		5.3	3.3	11.8		4.1
Q4	-2.9	4.9	47.1		13.5	38.5	-3.5		7.2
2021
Q1	-5.3	1.0	-47.7		-4.6	-22.9	5.0		-1.9
Q2	16.1	1.2	8.4		7.2	7.1	6.0		8.2
Q3	3.4	2.5	3.0		3.9	4.2	5.3		7.7
Q4	1.2	1.3	85.1		2.4	22.7	-1.4		3.4
2022
Q1	1.0	-1.5	-39.3		4.7	-11.4	5.8		-4.5
¹Cultivated biological resources have been reclassified from value of physical changes in stocks to be included with gross domestic fixed capital formation (GFCF). Valuables have been reclassified from GFCF to be included with value of physical changes in stocks. These changes have been made to align with European system of accounts 2010 (ESA 2010) classifications.

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Table 3.5 Expenditure on Gross National Product at Constant Market Prices (Chain linked annually and referenced to year 2020)¹ - Seasonally Adjusted

Table 3.5 Expenditure on Gross National Product at Constant Market Prices (Chain linked annually and referenced to year 2020)¹ - Seasonally Adjusted									€million
Period	Personal Consumption of Goods and Services	Net Exp. by Central and Local Government on Current Goods and Services	Gross Domestic Fixed Capital Formation²	Value of Physical Changes in Stocks²	Exports of Goods and Services	Imports of Goods and Services	GDP at Constant Market Prices	Net Factor Income from Rest of World	GNP at Constant Market Prices
2016
Q1	25,606	7,825	20,837	663	80,251	-70,383	67,437	-10,255	57,181
Q2	25,407	7,828	26,525	406	80,984	-74,378	68,399	-11,054	57,345
Q3	25,416	7,913	25,141	462	82,873	-72,701	68,713	-14,795	53,918
Q4	25,796	8,083	31,334	2,426	83,948	-76,226	76,106	-15,716	60,390
2017
Q1	26,053	8,080	17,011	-488	86,115	-64,241	72,898	-13,968	58,930
Q2	25,976	8,116	55,338	1,488	86,769	-102,227	74,229	-15,782	58,447
Q3	26,307	8,266	15,658	2,351	90,005	-63,112	78,162	-14,357	63,805
Q4	26,417	8,388	15,568	34	99,709	-67,380	82,008	-19,029	62,979
2018
Q1	27,056	8,368	16,817	1,501	94,231	-64,965	81,898	-16,755	65,143
Q2	27,438	8,618	18,137	120	99,207	-70,222	83,757	-16,746	67,011
Q3	27,407	8,757	20,412	30	99,993	-73,078	84,043	-17,652	66,391
Q4	27,219	8,586	40,476	-1,153	105,241	-95,337	84,719	-23,381	61,338
2019
Q1	28,040	9,018	19,015	1,560	107,358	-76,920	86,177	-17,600	68,576
Q2	28,296	9,113	60,911	-362	109,421	-120,678	87,648	-20,084	67,565
Q3	27,961	9,365	22,219	991	113,161	-84,858	89,233	-19,742	69,491
Q4	27,722	9,147	88,329	78	117,396	-152,595	90,159	-21,633	68,526
2020
Q1	26,432	9,306	77,995	2,039	119,272	-142,346	92,671	-20,554	72,117
Q2	22,737	10,431	17,657	1,791	114,070	-78,300	87,602	-21,650	65,952
Q3	25,713	10,482	25,263	435	124,108	-84,678	98,914	-30,241	68,673
Q4	24,863	10,649	37,165	227	139,525	-120,149	93,959	-20,957	73,002
2021
Q1	23,114	10,852	18,309	2,066	133,992	-84,331	102,566	-27,212	75,354
Q2	26,653	10,728	19,427	302	141,400	-92,032	104,772	-27,454	77,318
Q3	27,295	10,759	19,784	2,856	144,546	-96,058	108,866	-26,566	82,300
Q4	27,133	11,175	38,805	37	146,448	-117,865	107,023	-21,623	85,400
2022
Q1	26,771	10,666	21,084	3,593	154,194	-100,900	113,716	-31,384	82,331

Percentage change on previous quarter
2016
Q1	3.3	2.3	-13.2		-1.2	1.2	-3.5		9.4
Q2	-0.8	0.0	27.3		0.9	5.7	1.4		0.3
Q3	0.0	1.1	-5.2		2.3	-2.3	0.5		-6.0
Q4	1.5	2.1	24.6		1.3	4.8	10.8		12.0
2017
Q1	1.0	-0.0	-45.7		2.6	-15.7	-4.2		-2.4
Q2	-0.3	0.4	225.3		0.8	59.1	1.8		-0.8
Q3	1.3	1.8	-71.7		3.7	-38.3	5.3		9.2
Q4	0.4	1.5	-0.6		10.8	6.8	4.9		-1.3
2018
Q1	2.4	-0.2	8.0		-5.5	-3.6	-0.1		3.4
Q2	1.4	3.0	7.8		5.3	8.1	2.3		2.9
Q3	-0.1	1.6	12.5		0.8	4.1	0.3		-0.9
Q4	-0.7	-1.9	98.3		5.2	30.5	0.8		-7.6
2019
Q1	3.0	5.0	-53.0		2.0	-19.3	1.7		11.8
Q2	0.9	1.1	220.3		1.9	56.9	1.7		-1.5
Q3	-1.2	2.8	-63.5		3.4	-29.7	1.8		2.9
Q4	-0.9	-2.3	297.5		3.7	79.8	1.0		-1.4
2020
Q1	-4.7	1.7	-11.7		1.6	-6.7	2.8		5.2
Q2	-14.0	12.1	-77.4		-4.4	-45.0	-5.5		-8.5
Q3	13.1	0.5	43.1		8.8	8.1	12.9		4.1
Q4	-3.3	1.6	47.1		12.4	41.9	-5.0		6.3
2021
Q1	-7.0	1.9	-50.7		-4.0	-29.8	9.2		3.2
Q2	15.3	-1.1	6.1		5.5	9.1	2.2		2.6
Q3	2.4	0.3	1.8		2.2	4.4	3.9		6.4
Q4	-0.6	3.9	96.1		1.3	22.7	-1.7		3.8
2022
Q1	-1.3	-4.6	-45.7		5.3	-14.4	6.3		-3.6
¹Chain linked series not additive
²Cultivated biological resources have been reclassified from value of physical changes in stocks to be included with gross domestic fixed capital formation (GFCF). Valuables have been reclassified from GFCF to be included with value of physical changes in stocks. These changes have been made to align with European system of accounts 2010 (ESA 2010) classifications.

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

Table 3.6 Components of Gross Domestic Fixed Capital Formation at Current Market Prices - Non-Seasonally Adjusted								€million
Period	Dwellings	Improvements	Other Building and Construction	Transfer Costs	Machinery and Equipment²	of which Other Transport Equipment	Intangible Assets²	Gross Domestic Fixed Capital Formation²
2016	2,097	2,196	11,148	1,148	19,747	10,546	60,482	96,817
2017	3,084	2,589	12,746	1,106	22,219	14,370	56,999	98,743
2018	3,651	3,223	14,462	1,386	26,492	17,152	43,526	92,740
2019	4,522	2,880	16,783	1,506	25,935	17,279	142,080	193,706
2020	4,671	2,705	15,435	1,164	18,217	10,173	115,874	158,066
2021	5,142	3,041	16,225	1,473	22,907	11,260	50,409	99,196

2016
Q1	473	478	1,889	260	4,880	2,210	11,068	19,048
Q2	537	565	2,456	262	4,985	2,929	15,550	24,355
Q3	561	588	3,145	314	4,629	2,309	13,523	22,760
Q4	526	564	3,659	311	5,254	3,098	20,341	30,655
	2,097	2,196	11,148	1,148	19,747	10,546	60,482	96,817
2017
Q1	635	596	2,465	270	6,120	3,770	5,187	15,272
Q2	697	601	2,700	242	6,387	4,452	42,486	53,113
Q3	889	620	3,436	250	4,009	2,154	5,033	14,238
Q4	864	773	4,144	345	5,702	3,993	4,293	16,120
	3,084	2,589	12,746	1,106	22,219	14,370	56,999	98,743
2018
Q1	759	882	2,715	295	5,660	2,820	5,146	15,456
Q2	920	841	3,174	344	5,913	3,462	6,076	17,269
Q3	1,022	779	4,020	344	6,478	4,299	6,675	19,317
Q4	950	721	4,553	403	8,442	6,571	25,630	40,699
	3,651	3,223	14,462	1,386	26,492	17,152	43,526	92,740
2019
Q1	998	699	3,180	333	6,353	3,618	6,209	17,772
Q2	1,057	683	3,507	341	6,114	4,259	49,281	60,981
Q3	1,304	808	4,656	381	6,203	4,241	8,565	21,917
Q4	1,163	691	5,440	451	7,264	5,161	78,026	93,035
	4,522	2,880	16,783	1,506	25,935	17,279	142,080	193,706
2020
Q1	1,230	491	3,749	376	n/a¹	n/a¹	n/a¹	79,166
Q2	723	550	2,440	193	3,361	1,869	9,993	17,260
Q3	1,226	774	4,373	217	4,846	2,470	12,696	24,131
Q4	1,492	889	4,873	378	n/a¹	n/a¹	n/a¹	37,508
	4,671	2,705	15,435	1,164	18,217	10,173	115,874	158,066
2021
Q1	1,025	517	2,668	339	5,713	2,761	7,814	18,077
Q2	1,257	774	3,224	368	5,825	3,179	8,320	19,770
Q3	1,245	808	4,722	339	4,546	1,386	9,003	20,662
Q4	1,614	941	5,611	426	6,823	3,933	25,272	40,688
	5,142	3,041	16,225	1,473	22,907	11,260	50,409	99,196
2022
Q1	1,727	764	3,677	411	5,920	2,293	10,082	22,581

Percentage change on corresponding period of previous year
2016	35.5	18.3	12.5	25.9	24.9	65.4	81.3	52.8
2017	47.1	17.9	14.3	-3.6	12.5	36.3	-5.8	2.0
2018	18.4	24.5	13.5	25.3	19.2	19.4	-23.6	-6.1
2019	23.9	-10.6	16.0	8.7	-2.1	0.7	226.4	108.9
2020	3.3	-6.1	-8.0	-22.7	-29.8	-41.1	-18.4	-18.4
2021	10.1	12.4	5.1	26.5	25.7	10.7	-56.5	-37.2

2016
Q1	50.5	3.8	-0.2	7.4	16.2	54.9	124.0	58.0
Q2	56.8	26.3	9.8	28.5	20.8	51.4	142.4	76.8
Q3	17.3	32.3	20.6	42.6	36.1	130.4	91.7	60.2
Q4	27.4	12.2	15.4	27.2	28.9	53.9	36.1	31.3
2017
Q1	34.3	24.6	30.5	3.5	25.4	70.6	-53.1	-19.8
Q2	29.7	6.3	10.0	-7.7	28.1	52.0	173.2	118.1
Q3	58.6	5.4	9.3	-20.3	-13.4	-6.7	-62.8	-37.4
Q4	64.1	36.9	13.3	10.6	8.5	28.9	-78.9	-47.4
2018
Q1	19.5	48.0	10.1	9.5	-7.5	-25.2	-0.8	1.2
Q2	32.1	39.9	17.6	41.9	-7.4	-22.2	-85.7	-67.5
Q3	15.0	25.7	17.0	37.6	61.6	99.6	32.6	35.7
Q4	10.0	-6.7	9.9	17.0	48.0	64.6	497.1	152.5
2019
Q1	31.6	-20.8	17.1	12.8	12.2	28.3	20.7	15.0
Q2	14.8	-18.9	10.5	-0.8	3.4	23.0	711.1	253.1
Q3	27.6	3.7	15.8	10.9	-4.2	-1.3	28.3	13.5
Q4	22.4	-4.1	19.5	11.9	-13.9	-21.5	204.4	128.6
2020
Q1	23.2	-29.8	17.9	12.8	n/a¹	n/a¹	n/a¹	345.4
Q2	-31.6	-19.4	-30.4	-43.3	-45.0	-56.1	-79.7	-71.7
Q3	-6.0	-4.1	-6.1	-43.2	-21.9	-41.8	48.2	10.1
Q4	28.3	28.6	-10.4	-16.1	n/a¹	n/a¹	n/a¹	-59.7
2021
Q1	-16.7	5.4	-28.9	-9.7	n/a¹	n/a¹	n/a¹	-77.2
Q2	74.0	40.7	32.1	90.3	73.3	70.1	-16.7	14.5
Q3	1.5	4.3	8.0	56.6	-6.2	-43.9	-29.1	-14.4
Q4	8.2	5.8	15.2	12.7	n/a¹	n/a¹	n/a¹	8.5
2022
Q1	68.4	47.7	37.9	21.2	3.6	-17.0	29.0	24.9
¹Data suppressed for confidentiality reasons
²Cultivated biological resources have been reclassified from value of physical changes in stocks to be included with gross domestic fixed capital formation (GFCF). They have been included with machinery and equipment in this table. Valuables have been reclassified from intangible assets to be included with value of physical changes in stocks. These changes have been made to align with European system of accounts 2010 (ESA 2010) classifications.

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Table 3.7 Components of Gross Domestic Fixed Capital Formation at Constant Prices (Chain linked annually and referenced to year 2020)¹ - Non-Seasonally Adjusted

Table 3.7 Components of Gross Domestic Fixed Capital Formation at Constant Prices (Chain linked annually and referenced to year 2020)¹ - Non-Seasonally Adjusted								€million
Period	Dwellings	Improvements	Other Building and Construction	Transfer Costs	Machinery and Equipment³	of which Other Transport Equipment	Intangible Assets³	Gross Domestic Fixed Capital Formation³
2016	2,414	2,747	13,958	1,432	19,901	11,055	63,291	103,317
2017	3,434	3,057	15,054	1,261	22,121	14,855	58,347	102,625
2018	4,306	3,540	15,887	1,453	26,282	17,552	43,704	94,250
2019	4,858	2,966	17,281	1,522	25,725	17,496	136,976	189,385
2020	4,671	2,705	15,435	1,164	18,217	10,173	115,874	158,066
2021	4,711	2,743	14,628	1,352	23,082	10,962	49,948	96,465

2016
Q1	544	612	2,433	337	4,919	2,320	11,534	20,388
Q2	607	708	3,095	336	5,032	3,072	16,624	26,391
Q3	656	751	3,990	385	4,682	2,423	14,357	24,544
Q4	607	677	4,440	374	5,267	3,241	20,776	31,995
	2,414	2,747	13,958	1,432	19,901	11,055	63,291	103,317
2017
Q1	747	718	2,978	323	6,090	3,911	5,331	16,004
Q2	802	720	3,227	284	6,320	4,604	43,599	55,504
Q3	968	739	4,080	279	3,989	2,223	5,175	14,745
Q4	917	880	4,770	375	5,722	4,116	4,241	16,371
	3,434	3,057	15,054	1,261	22,121	14,855	58,347	102,625
2018
Q1	924	994	3,109	320	5,623	2,896	5,051	15,762
Q2	1,094	930	3,511	363	5,861	3,544	6,037	17,509
Q3	1,190	853	4,401	356	6,394	4,396	6,719	19,556
Q4	1,098	763	4,866	414	8,405	6,716	25,897	41,423
	4,306	3,540	15,887	1,453	26,282	17,552	43,704	94,250
2019
Q1	1,085	750	3,403	340	6,312	3,679	6,173	17,821
Q2	1,142	719	3,689	347	6,033	4,322	48,151	60,314
Q3	1,389	836	4,840	382	6,116	4,296	8,321	21,506
Q4	1,242	662	5,350	453	7,264	5,199	74,331	89,744
	4,858	2,966	17,281	1,522	25,725	17,496	136,976	189,385
2020
Q1	1,243	471	3,690	377	n/a²	n/a²	n/a²	77,178
Q2	725	612	2,620	195	3,361	1,874	9,844	17,212
Q3	1,223	759	4,338	217	4,855	2,474	13,570	24,709
Q4	1,480	862	4,787	375	n/a²	n/a²	n/a²	38,967
	4,671	2,705	15,435	1,164	18,217	10,173	115,874	158,066
2021
Q1	992	486	2,554	328	5,777	2,720	7,463	17,600
Q2	1,189	744	3,065	348	5,868	3,113	7,805	19,019
Q3	1,130	719	4,211	306	4,607	1,347	8,449	19,422
Q4	1,401	794	4,798	369	6,830	3,781	26,232	40,424
	4,711	2,743	14,628	1,352	23,082	10,962	49,948	96,465
2022
Q1	1,446	643	3,094	348	5,908	2,180	8,751	20,190

Percentage change on corresponding period of previous year
2016	33.6	11.4	5.9	17.8	25.8	63.8	78.9	50.3
2017	42.2	11.3	7.9	-11.9	11.2	34.4	-7.8	-0.7
2018	25.4	15.8	5.5	15.2	18.8	18.2	-25.1	-8.2
2019	12.8	-16.2	8.8	4.7	-2.1	-0.3	213.4	100.9
2020	-3.8	-8.8	-10.7	-23.5	-29.2	-41.9	-15.4	-16.5
2021	0.8	1.4	-5.2	16.2	26.7	7.8	-56.9	-39.0

2016
Q1	40.2	-3.7	-6.8	0.7	16.3	52.8	115.3	52.4
Q2	48.0	17.5	2.6	21.7	22.0	49.8	136.1	73.0
Q3	18.6	26.1	14.3	33.6	37.9	129.1	83.5	55.8
Q4	33.3	6.9	9.3	18.2	29.6	52.6	37.0	31.3
2017
Q1	37.4	17.4	22.4	-4.1	23.8	68.6	-53.8	-21.5
Q2	32.1	1.7	4.3	-15.4	25.6	49.9	162.3	110.3
Q3	47.6	-1.6	2.3	-27.6	-14.8	-8.2	-64.0	-39.9
Q4	50.9	29.9	7.4	0.3	8.6	27.0	-79.6	-48.8
2018
Q1	23.7	38.4	4.4	-1.0	-7.7	-26.0	-5.3	-1.5
Q2	36.5	29.1	8.8	27.9	-7.3	-23.0	-86.2	-68.5
Q3	22.9	15.4	7.9	27.6	60.3	97.7	29.8	32.6
Q4	19.8	-13.2	2.0	10.4	46.9	63.2	510.7	153.0
2019
Q1	17.5	-24.6	9.5	6.5	12.3	27.1	22.2	13.1
Q2	4.4	-22.7	5.1	-4.6	2.9	22.0	697.5	244.5
Q3	16.8	-2.1	10.0	7.3	-4.3	-2.3	23.8	10.0
Q4	13.1	-13.3	9.9	9.3	-13.6	-22.6	187.0	116.7
2020
Q1	14.5	-37.2	8.4	10.9	n/a²	n/a²	n/a²	333.1
Q2	-36.5	-14.8	-29.0	-43.9	-44.3	-56.6	-79.6	-71.5
Q3	-11.9	-9.2	-10.4	-43.3	-20.6	-42.4	63.1	14.9
Q4	19.1	30.3	-10.5	-17.2	n/a²	n/a²	n/a²	-56.6
2021
Q1	-20.2	3.1	-30.8	-13.0	n/a²	n/a²	n/a²	-77.2
Q2	63.8	21.5	17.0	79.1	74.6	66.1	-20.7	10.5
Q3	-7.6	-5.2	-2.9	41.2	-5.1	-45.6	-37.7	-21.4
Q4	-5.4	-8.0	0.2	-1.6	n/a²	n/a²	n/a²	3.7
2022
Q1	45.8	32.3	21.2	5.9	2.3	-19.9	17.3	14.7
¹Chain linked series not additive
²Data suppressed for confidentiality reasons
³Cultivated biological resources have been reclassified from value of physical changes in stocks to be included with gross domestic fixed capital formation (GFCF). They have been included with machinery and equipment in this table. Valuables have been reclassified from intangible assets to be included with value of physical changes in stocks. These changes have been made to align with European system of accounts 2010 (ESA 2010) classifications.

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Table 3.8 Components of Gross Domestic Fixed Capital Formation at Current Market Prices & Constant Prices (Chain linked annually and referenced to year 2020)¹ - Seasonally Adjusted

Table 3.8 Components of Gross Domestic Fixed Capital Formation at Current Market Prices & Constant Prices (Chain linked annually and referenced to year 2020)¹ - Seasonally Adjusted								€million
	CURRENT MARKET PRICES				CONSTANT MARKET PRICES
Period	All Building and Construction (including Dwellings, Improvements, other B&C and Transfer Costs)²	Machinery and Equipment⁴	Intangible Assets⁴	Gross Domestic Fixed Capital Formation⁴	All Building and Construction (including Dwellings, Improvements, other B&C and Transfer Costs)²	Machinery and Equipment⁴	Intangible Assets⁴	Gross Domestic Fixed Capital Formation⁴
2016
Q1	3,624	4,834	11,039	19,497	4,538	4,718	11,581	20,837
Q2	4,112	4,687	15,552	24,352	5,128	4,642	16,754	26,525
Q3	4,308	5,251	13,563	23,122	5,371	5,334	14,436	25,141
Q4	4,394	4,940	20,333	29,667	5,337	5,096	20,902	31,334
2017
Q1	4,596	6,084	5,142	15,822	5,526	6,060	5,425	17,011
Q2	4,616	6,180	42,490	53,286	5,483	5,993	43,861	55,338
Q3	4,880	4,580	5,086	14,546	5,656	4,654	5,348	15,658
Q4	5,330	5,345	4,281	14,956	6,074	5,577	3,917	15,568
2018
Q1	5,399	5,642	5,101	16,142	6,177	5,442	5,199	16,817
Q2	5,716	5,746	6,080	17,542	6,477	5,447	6,213	18,137
Q3	5,799	7,048	6,735	19,582	6,323	7,171	6,917	20,412
Q4	5,720	8,033	25,617	39,370	6,201	8,289	25,985	40,476
2019
Q1	6,050	6,270	6,167	18,488	6,518	6,199	6,297	19,015
Q2	6,148	6,064	49,285	61,496	6,574	5,772	48,565	60,911
Q3	6,737	6,757	8,618	22,112	6,882	6,854	8,482	22,219
Q4	6,599	6,790	78,016	91,404	6,584	6,974	74,772	88,329
2020
Q1	6,888	n/a³	n/a³	80,073	6,839	n/a³	n/a³	77,995
Q2	4,311	3,386	9,997	17,695	4,690	3,040	9,928	17,657
Q3	6,213	5,424	12,755	24,392	6,018	5,588	13,657	25,263
Q4	6,532	n/a³	n/a³	35,882	6,410	n/a³	n/a³	37,165
2021
Q1	5,381	5,616	7,770	18,768	5,149	5,689	7,471	18,309
Q2	6,149	5,872	8,324	20,346	6,036	5,567	7,824	19,427
Q3	6,702	5,200	9,052	20,955	5,862	5,449	8,473	19,784
Q4	7,287	6,233	25,263	38,783	6,227	6,384	26,194	38,805
2022
Q1	7,767	5,730	10,033	23,530	6,513	5,811	8,759	21,084

Percentage change on previous quarter
2016
Q1	-3.9	26.4	-26.1	-13.5	-5.4	20.3	-24.3	-13.2
Q2	13.5	-3.0	40.9	24.9	13.0	-1.6	44.7	27.3
Q3	4.8	12.0	-12.8	-5.0	4.7	14.9	-13.8	-5.2
Q4	2.0	-5.9	49.9	28.3	-0.6	-4.5	44.8	24.6
2017
Q1	4.6	23.2	-74.7	-46.7	3.5	18.9	-74.0	-45.7
Q2	0.4	1.6	726.4	236.8	-0.8	-1.1	708.5	225.3
Q3	5.7	-25.9	-88.0	-72.7	3.1	-22.4	-87.8	-71.7
Q4	9.2	16.7	-15.8	2.8	7.4	19.8	-26.8	-0.6
2018
Q1	1.3	5.6	19.2	7.9	1.7	-2.4	32.7	8.0
Q2	5.9	1.9	19.2	8.7	4.9	0.1	19.5	7.8
Q3	1.4	22.7	10.8	11.6	-2.4	31.7	11.3	12.5
Q4	-1.4	14.0	280.3	101.0	-1.9	15.6	275.6	98.3
2019
Q1	5.8	-21.9	-75.9	-53.0	5.1	-25.2	-75.8	-53.0
Q2	1.6	-3.3	699.1	232.6	0.8	-6.9	671.2	220.3
Q3	9.6	11.4	-82.5	-64.0	4.7	18.8	-82.5	-63.5
Q4	-2.1	0.5	805.2	313.4	-4.3	1.7	781.5	297.5
2020
Q1	4.4	n/a³	n/a³	-12.4	3.9	n/a³	n/a³	-11.7
Q2	-37.4	n/a³	n/a³	-77.9	-31.4	n/a³	n/a³	-77.4
Q3	44.1	60.2	27.6	37.9	28.3	83.8	37.6	43.1
Q4	5.1	n/a³	n/a³	47.1	6.5	n/a³	n/a³	47.1
2021
Q1	-17.6	n/a³	n/a³	-47.7	-19.7	n/a³	n/a³	-50.7
Q2	14.3	4.6	7.1	8.4	17.2	-2.1	4.7	6.1
Q3	9.0	-11.4	8.7	3.0	-2.9	-2.1	8.3	1.8
Q4	8.7	19.9	179.1	85.1	6.2	17.2	209.1	96.1
2022
Q1	6.6	-8.1	-60.3	-39.3	4.6	-9.0	-66.6	-45.7
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
⁴Cultivated biological resources have been reclassified from value of physical changes in stocks to be included with gross domestic fixed capital formation (GFCF). They have been included with machinery and equipment in this table. Valuables have been reclassified from intangible assets to be included with value of physical changes in stocks. These changes have been made to align with European system of accounts 2010 (ESA 2010) classifications.