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Domestic Demand

Domestic Demand

Modified Domestic Demand decreased by 0.5% in Q2 2024

Online ISSN: 2009-5775
CSO statistical publication, , 11am
Table 5.1 Modified Final Domestic Demand by Component, Q2 20241
 Amount €mQuarterly % change
Personal Consumption of Goods and Services36,2291.1
Net Expenditure by Central and Local Government on Current Goods and Services13,0291.5
Modified Gross Domestic Fixed Capital Formation12,240-7.0
Modified Final Domestic Demand61,499-0.5
1Constant Market Prices, chain linked annually and referenced to year 2022 and seasonally adjusted.

Final Domestic Demand decreased by 20.5% in Q2 2024 compared with Q1 2024, while Modified Final Domestic Demand decreased by 0.5% over the same period. (See Table 5.5)

Personal Consumption of Goods and ServicesNet Expenditure by Central and Local Government on Current Goods and ServicesModified Gross Domestic Fixed Capital FormationModified Final Domestic Demand
Q1 202232.27282364711.89963514912.59113911556.763597911
Q2 202233.6442370812.15941883914.5581945760.361850488
Q3 202234.14611800412.26865137313.4625520759.877321447
Q4 202234.5515288512.26677695412.14423302958.962538833
Q1 202334.84452039912.32919992113.21304415960.386764478
Q2 202335.75048378812.53125039212.53087313860.812607318
Q3 202334.77856489512.85031872512.27744287959.906326499
Q4 202335.821701812.93582662312.45966277661.217191198
Q1 202435.82914949112.83448914613.16663636561.830275002
Q2 202436.22936690313.02903614812.24042428361.498827334

Get the data: NAQ05

Modified Final Domestic Demand
Q1 2022-0.0219761615701142
Q2 20226.33901427925996
Q3 2022-0.802707400589586
Q4 2022-1.5277614159974
Q1 20232.41547544116756
Q2 20230.705192344185201
Q3 2023-1.49028443108992
Q4 20232.1881907564836
Q1 20241.00148960120867
Q2 2024-0.536060478445677

Get the data: NAQ05

Modified Final Domestic DemandNet Exports & Other
Q1 2022-0.01025654893635483.58083923681496
Q2 20222.85587553346974-0.29432150561377
Q3 2022-0.3749581953538333.19859975742366
Q4 2022-0.6884746586373530.713979464323341
Q1 20231.07161332963126-6.59262830692059
Q2 20230.3391356427815-1.38053785857235
Q3 2023-0.729345557756122-1.2186895110243
Q4 20231.07590052818967-2.75852151152364
Q1 20240.5118041504102390.051935273561193
Q2 2024-0.275142395258069-0.761168576609801

Comparisons with Q2 2023


Final Domestic Demand decreased by 21.1% in Q2 2024 compared with Q2 2023, while Modified Final Domestic Demand increased by 1.5% over the same period. As a result, Final Domestic Demand is down 10.6% in the first half of 2024 compared to the first half of 2023, while Modified Final Domestic Demand is up 1.8% over the same period.

Table 5.2 Total Domestic Demand at Current Market Prices & Constant Prices (Chain linked annually and referenced to year 2022)1 - Non-Seasonally Adjusted

Table 5.3 Total Domestic Demand at Current Market Prices & Constant Prices (Chain linked annually and referenced to year 2022)1 - Seasonally Adjusted

Table 5.4 Modified Total Domestic Demand at Current Market Prices & Constant Prices (Chain linked annually and referenced to year 2022)1 - Non-Seasonally Adjusted

Table 5.5 Modified Total Domestic Demand at Current Market Prices & Constant Prices (Chain linked annually and referenced to year 2022)1 - Seasonally Adjusted

Table 5.6 Components of Modified Gross Domestic Fixed Capital Formation at Current Market Prices - Non-Seasonally Adjusted

Table 5.7 Components of Modified Gross Domestic Fixed Capital Formation at Constant Prices (Chain linked annually and referenced to year 2022)1 - Non-Seasonally Adjusted

Table 5.8 Components of Modified Gross Domestic Fixed Capital Formation at Current Market Prices & Constant Prices (Chain linked annually and referenced to year 2022)1 - Seasonally Adjusted