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Quarterly National Accounts Quarter 4 2021

Domestic Demand

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Modified Domestic Demand increased by 1.3% in Q4 2021

Table 5.1 Modified Final Domestic Demand by Component, Q4 2021¹
	Amount €m	Quarterly % change
Personal Consumption of Goods and Services	27,134	-0.3
Net Expenditure by Central and Local Government on Current Goods and Services	10,566	0.9
Modified Gross Domestic Fixed Capital Formation	11,353	5.9
Modified Final Domestic Demand	49,054	1.3
¹Constant Market Prices, chain linked annually and referenced to year 2019 and seasonally adjusted.

Open in Excel: Quarterly National Accounts Q4 2021 Table 5.1 (XLS 10KB)

Final Domestic Demand increased by 25.9% in Q4 compared with Q3 while Modified Final Domestic Demand grew by 1.3% over the same period. (See Table 5.5)

	Personal Consumption of Goods and Services	Net Expenditure by Central and Local Government on Current Goods and Services	Modified Gross Domestic Fixed Capital Formation	Modified Final Domestic Demand
Q1 2019	27.839110401	8.890842092	9.6011840132	46.331136506
Q2 2019	28.086742539	8.9270618197	9.384915469	46.398719828
Q3 2019	27.605190907	9.1329105859	10.317953455	47.056054947
Q4 2019	27.39946196	8.9466587833	9.5486495279	45.894770272
Q1 2020	26.451430631	9.0545912352	9.8332608346	45.339282701
Q2 2020	22.688025312	10.14164988	7.8628654222	40.692540614
Q3 2020	25.323574037	10.167232703	10.23234825	45.723154991
Q4 2020	24.894825397	10.441446543	9.4742489185	44.810520858
Q1 2021	23.481242674	10.408729142	9.0908314375	42.980803254
Q2 2021	27.118651353	10.482600292	9.6956805433	47.296932189
Q3 2021	27.211563467	10.473534218	10.715429256	48.400526941
Q4 2021	27.134397173	10.566457901	11.352990693	49.053845767

Get the data: NQQ50

	Modified Final Domestic Demand
Q1 2019	2.34824848595889
Q2 2019	0.145870201114628
Q3 2019	1.41670960198199
Q4 2019	-2.4678751253329
Q1 2020	-1.21035047720656
Q2 2020	-10.2488213535357
Q3 2020	12.362497649678
Q4 2020	-1.9959999111602
Q1 2021	-4.08323217174421
Q2 2021	10.0419922575512
Q3 2021	2.33333263051818
Q4 2021	1.3498175893754

Get the data: NQQ50

	Modified Final Domestic Demand	Net Exports & Other
Q1 2019	1.23813744099936	0.542618684962021
Q2 2019	0.0773403493456831	2.18383776859612
Q3 2019	0.735601553907326	-0.919769606527584
Q4 2019	-1.30195227948112	2.78324796527699
Q1 2020	-0.613683877753107	3.44349476599894
Q2 2020	-4.99229107422799	1.95489295333304
Q3 2020	5.57401454545493	4.24530026443601
Q4 2020	-0.920799442970717	-3.31181517594716
Q1 2021	-1.92767926647245	11.6621563154312
Q2 2021	4.14383086832121	0.478731489347861
Q3 2021	1.01272582698312	0.227121270959106
Q4 2021	0.592183021435209	-5.9546147044042

Comparisons with Q4 2020
Final Domestic Demand increased by 18.7% in Q4 2021 compared with Q4 2020 while Modified Final Domestic Demand grew by 9.8% over the same period.

Table 5.2 Total Domestic Demand at Current Market Prices & Constant Prices (Chain linked annually and referenced to year 2019)¹ - Non-Seasonally Adjusted

Table 5.2 Total Domestic Demand at Current Market Prices & Constant Prices (Chain linked annually and referenced to year 2019)¹ - 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
2015	91,345	27,966	63,200	182,511	4,552	187,063	96,218	29,470	70,225	197,185	3,801	201,471
2016	96,264	29,273	96,703	222,240	4,765	227,005	101,094	30,787	105,695	238,024	4,184	242,677
2017	99,462	31,027	98,709	229,199	4,222	233,421	103,405	31,960	105,063	240,957	3,692	245,005
2018	105,365	32,787	92,117	230,269	974	231,243	107,481	33,511	95,802	237,514	907	238,224
2019	111,054	35,896	191,086	338,036	3,925	341,962	111,054	35,896	191,086	338,036	3,925	341,962
2020	100,158	40,415	147,738	288,310	4,698	293,008	99,504	39,811	147,077	286,392	4,929	291,321
2021	109,530	43,410	98,869	251,809	3,126	254,935	105,198	41,937	91,722	238,857	3,497	242,354

2015
Q1	21,902	6,875	11,987	40,764	621	41,385	23,271	7,276	13,637	44,675	510	45,181
Q2	21,960	6,941	13,704	42,605	932	43,537	23,130	7,327	15,548	46,391	747	47,204
Q3	22,835	6,987	14,161	43,983	2,317	46,300	23,893	7,368	16,093	47,743	1,964	50,165
Q4	24,648	7,162	23,349	55,158	683	55,841	25,924	7,499	24,948	58,375	581	58,922
	91,345	27,966	63,200	182,511	4,552	187,063	96,218	29,470	70,225	197,185	3,801	201,471
2016
Q1	23,611	7,164	19,132	49,907	752	50,659	24,929	7,516	20,974	53,669	693	54,395
Q2	23,105	7,222	24,201	54,528	402	54,930	24,165	7,588	26,862	58,684	413	59,032
Q3	23,777	7,416	22,725	53,918	494	54,412	24,858	7,756	25,100	57,854	474	58,284
Q4	25,770	7,471	30,645	63,887	3,117	67,003	27,142	7,926	32,759	67,817	2,605	70,966
	96,264	29,273	96,703	222,240	4,765	227,005	101,094	30,787	105,695	238,024	4,184	242,677
2017
Q1	24,132	7,459	15,218	46,809	-625	46,184	25,297	7,769	16,333	49,715	-527	48,981
Q2	23,749	7,636	53,057	84,442	1,914	86,356	24,611	7,850	56,788	88,740	1,622	90,550
Q3	24,842	7,912	14,239	46,993	2,985	49,978	25,750	8,124	15,102	49,334	2,557	52,355
Q4	26,740	8,020	16,195	50,955	-52	50,903	27,747	8,218	16,839	53,168	40	53,119
	99,462	31,027	98,709	229,199	4,222	233,421	103,405	31,960	105,063	240,957	3,692	245,005
2018
Q1	25,301	7,977	15,268	48,546	2,308	50,854	26,081	8,037	15,933	50,314	2,053	52,698
Q2	25,478	8,148	17,071	50,697	119	50,816	25,929	8,338	17,708	52,220	109	52,268
Q3	26,482	8,439	19,170	54,091	-8	54,083	26,852	8,680	19,851	55,620	40	55,579
Q4	28,104	8,223	40,609	76,936	-1,446	75,490	28,619	8,456	42,309	79,360	-1,295	77,679
	105,365	32,787	92,117	230,269	974	231,243	107,481	33,511	95,802	237,514	907	238,224
2019
Q1	26,772	8,677	17,092	52,541	3,079	55,620	26,982	8,781	17,525	53,526	3,031	56,813
Q2	26,960	8,937	60,361	96,258	-346	95,912	26,905	8,897	61,096	96,778	-361	96,259
Q3	27,876	9,146	21,286	58,307	1,357	59,664	27,718	9,228	21,363	58,527	1,311	59,905
Q4	29,447	9,136	92,347	130,930	-165	130,766	29,450	8,991	91,101	129,206	-56	128,984
	111,054	35,896	191,086	338,036	3,925	341,962	111,054	35,896	191,086	338,036	3,925	341,962
2020
Q1	25,674	9,178	80,360	115,212	2,172	117,384	25,430	8,938	80,088	114,457	2,207	116,663
Q2	21,662	10,201	19,346	51,210	1,791	53,001	21,650	10,142	19,782	51,574	1,872	53,446
Q3	25,835	10,255	19,618	55,707	493	56,200	25,580	10,217	19,758	55,556	569	56,125
Q4	26,987	10,781	28,414	66,182	242	66,424	26,844	10,514	27,448	64,807	281	65,087
	100,158	40,415	147,738	288,310	4,698	293,008	99,504	39,811	147,077	286,392	4,929	291,321
2021
Q1	22,946	10,341	18,016	51,303	1,661	52,964	22,442	10,284	17,443	50,168	1,719	51,887
Q2	26,687	10,672	19,301	56,659	973	57,632	25,790	10,500	18,211	54,501	906	55,408
Q3	28,853	11,115	20,572	60,540	1,453	61,993	27,612	10,494	19,143	57,249	1,656	58,905
Q4	31,045	11,282	40,980	83,307	-960	82,347	29,353	10,660	36,925	76,938	-785	76,154
	109,530	43,410	98,869	251,809	3,126	254,935	105,198	41,937	91,722	238,857	3,497	242,354

Percentage change on corresponding period of previous year
2015	3.8	2.3	57.0	17.3		17.9	3.2	2.5	50.3	15.2		15.9
2016	5.4	4.7	53.0	21.8		21.4	5.1	4.5	50.5	20.7		20.5
2017	3.3	6.0	2.1	3.1		2.8	2.3	3.8	-0.6	1.2		1.0
2018	5.9	5.7	-6.7	0.5		-0.9	3.9	4.9	-8.8	-1.4		-2.8
2019	5.4	9.5	107.4	46.8		47.9	3.3	7.1	99.5	42.3		43.5
2020	-9.8	12.6	-22.7	-14.7		-14.3	-10.4	10.9	-23.0	-15.3		-14.8
2021	9.4	7.4	-33.1	-12.7		-13.0	5.7	5.3	-37.6	-16.6		-16.8

2015
Q1	4.1	3.3	24.9	9.3		7.7	3.6	2.6	22.3	8.2		6.6
Q2	3.3	0.3	48.1	13.8		15.9	2.7	-0.7	43.8	12.2		14.2
Q3	4.5	1.0	39.0	12.9		17.2	3.7	2.0	34.6	11.6		16.2
Q4	3.4	4.6	108.2	31.7		29.4	2.7	6.1	94.6	27.7		25.5
2016
Q1	7.8	4.2	59.6	22.4		22.4	7.1	3.3	53.8	20.1		20.4
Q2	5.2	4.0	76.6	28.0		26.2	4.5	3.6	72.8	26.5		25.1
Q3	4.1	6.1	60.5	22.6		17.5	4.0	5.3	56.0	21.2		16.2
Q4	4.6	4.3	31.3	15.8		20.0	4.7	5.7	31.3	16.2		20.4
2017
Q1	2.2	4.1	-20.5	-6.2		-8.8	1.5	3.4	-22.1	-7.4		-10.0
Q2	2.8	5.7	119.2	54.9		57.2	1.8	3.4	111.4	51.2		53.4
Q3	4.5	6.7	-37.3	-12.8		-8.1	3.6	4.7	-39.8	-14.7		-10.2
Q4	3.8	7.4	-47.2	-20.2		-24.0	2.2	3.7	-48.6	-21.6		-25.1
2018
Q1	4.8	6.9	0.3	3.7		10.1	3.1	3.5	-2.4	1.2		7.6
Q2	7.3	6.7	-67.8	-40.0		-41.2	5.4	6.2	-68.8	-41.2		-42.3
Q3	6.6	6.7	34.6	15.1		8.2	4.3	6.8	31.4	12.7		6.2
Q4	5.1	2.5	150.8	51.0		48.3	3.1	2.9	151.3	49.3		46.2
2019
Q1	5.8	8.8	11.9	8.2		9.4	3.5	9.2	10.0	6.4		7.8
Q2	5.8	9.7	253.6	89.9		88.7	3.8	6.7	245.0	85.3		84.2
Q3	5.3	8.4	11.0	7.8		10.3	3.2	6.3	7.6	5.2		7.8
Q4	4.8	11.1	127.4	70.2		73.2	2.9	6.3	115.3	62.8		66.0
2020
Q1	-4.1	5.8	370.2	119.3		111.0	-5.8	1.8	357.0	113.8		105.3
Q2	-19.7	14.1	-67.9	-46.8		-44.7	-19.5	14.0	-67.6	-46.7		-44.5
Q3	-7.3	12.1	-7.8	-4.5		-5.8	-7.7	10.7	-7.5	-5.1		-6.3
Q4	-8.4	18.0	-69.2	-49.5		-49.2	-8.8	16.9	-69.9	-49.8		-49.5
2021
Q1	-10.6	12.7	-77.6	-55.5		-54.9	-11.7	15.0	-78.2	-56.2		-55.5
Q2	23.2	4.6	-0.2	10.6		8.7	19.1	3.5	-7.9	5.7		3.7
Q3	11.7	8.4	4.9	8.7		10.3	7.9	2.7	-3.1	3.0		5.0
Q4	15.0	4.6	44.2	25.9		24.0	9.3	1.4	34.5	18.7		17.0
¹Chain linked series not additive

Open in Excel: Quarterly National Accounts Q4 2021 Table 5.2 (XLS 25KB)

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Table 5.3 Total Domestic Demand at Current Market Prices & Constant Prices (Chain linked annually and referenced to year 2019)¹ - Seasonally Adjusted

Table 5.3 Total Domestic Demand at Current Market Prices & Constant Prices (Chain linked annually and referenced to year 2019)¹ - 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
2015
Q1	22,388	6,947	12,551	41,885	264	42,149	23,767	7,339	14,157	45,263	510	45,773
Q2	22,695	6,946	13,464	43,105	884	43,989	23,989	7,335	15,896	47,220	747	47,967
Q3	23,060	6,926	14,615	44,602	1,982	46,583	24,249	7,325	16,462	48,036	1,964	50,000
Q4	23,205	7,146	22,450	52,801	1,472	54,274	24,396	7,459	23,646	55,501	581	56,081
2016
Q1	24,072	7,236	19,896	51,204	324	51,528	25,375	7,586	21,511	54,472	693	55,165
Q2	23,917	7,235	23,916	55,068	378	55,446	25,113	7,613	27,176	59,902	413	60,314
Q3	23,967	7,347	23,074	54,389	130	54,519	25,128	7,706	25,382	58,216	474	58,689
Q4	24,298	7,450	29,549	61,297	3,982	65,279	25,507	7,864	30,848	64,220	2,605	66,825
2017
Q1	24,594	7,537	16,182	48,313	-1,126	47,187	25,753	7,856	17,277	50,886	-527	50,358
Q2	24,621	7,658	52,935	85,214	1,910	87,124	25,611	7,898	56,964	90,472	1,622	92,094
Q3	24,962	7,828	14,512	47,302	2,606	49,908	25,917	8,036	15,503	49,456	2,557	52,013
Q4	25,201	7,987	14,799	47,988	881	48,869	26,030	8,160	14,823	49,014	40	49,054
2018
Q1	25,885	8,080	16,540	50,504	1,736	52,240	26,679	8,145	17,027	51,851	2,053	53,903
Q2	26,427	8,178	17,086	51,691	129	51,820	27,013	8,382	18,418	53,813	109	53,922
Q3	26,519	8,335	19,315	54,169	-395	53,774	26,901	8,573	20,079	55,552	40	55,592
Q4	26,393	8,173	38,976	73,542	-453	73,089	26,752	8,415	39,736	74,902	-1,295	73,608
2019
Q1	27,598	8,821	18,399	54,818	2,449	57,267	27,839	8,891	18,688	55,418	3,031	58,449
Q2	28,009	8,971	60,708	97,688	-336	97,351	28,087	8,927	62,294	99,307	-361	98,946
Q3	27,778	9,019	21,299	58,096	975	59,071	27,605	9,133	21,402	58,140	1,311	59,451
Q4	27,515	9,062	90,427	127,004	875	127,880	27,399	8,947	88,563	124,909	-56	124,853
2020
Q1	26,694	9,360	81,783	117,837	1,488	119,325	26,451	9,055	81,401	116,907	2,207	119,114
Q2	22,565	10,242	19,679	52,485	1,804	54,289	22,688	10,142	20,890	53,720	1,872	55,592
Q3	25,608	10,104	19,671	55,384	120	55,504	25,324	10,167	19,884	55,375	569	55,944
Q4	25,117	10,670	26,393	62,179	1,312	63,491	24,895	10,441	24,750	60,087	281	60,367
2021
Q1	24,007	10,571	19,216	53,794	940	54,735	23,481	10,409	18,552	52,442	1,719	54,161
Q2	27,882	10,718	19,947	58,547	984	59,531	27,119	10,483	19,491	57,092	906	57,998
Q3	28,471	10,951	20,659	60,081	1,086	61,167	27,212	10,474	19,301	56,986	1,656	58,642
Q4	28,840	11,141	38,570	78,551	147	78,698	27,134	10,566	34,066	71,767	-785	70,982

Percentage change on previous quarter
2015
Q1	-0.0	1.7	19.8	5.5		1.2	-0.1	4.0	20.6	6.3		4.9
Q2	1.4	-0.0	7.3	2.9		4.4	0.9	-0.1	12.3	4.3		4.8
Q3	1.6	-0.3	8.5	3.5		5.9	1.1	-0.1	3.6	1.7		4.2
Q4	0.6	3.2	53.6	18.4		16.5	0.6	1.8	43.6	15.5		12.2
2016
Q1	3.7	1.3	-11.4	-3.0		-5.1	4.0	1.7	-9.0	-1.9		-1.6
Q2	-0.6	-0.0	20.2	7.5		7.6	-1.0	0.4	26.3	10.0		9.3
Q3	0.2	1.5	-3.5	-1.2		-1.7	0.1	1.2	-6.6	-2.8		-2.7
Q4	1.4	1.4	28.1	12.7		19.7	1.5	2.1	21.5	10.3		13.9
2017
Q1	1.2	1.2	-45.2	-21.2		-27.7	1.0	-0.1	-44.0	-20.8		-24.6
Q2	0.1	1.6	227.1	76.4		84.6	-0.6	0.5	229.7	77.8		82.9
Q3	1.4	2.2	-72.6	-44.5		-42.7	1.2	1.7	-72.8	-45.3		-43.5
Q4	1.0	2.0	2.0	1.4		-2.1	0.4	1.5	-4.4	-0.9		-5.7
2018
Q1	2.7	1.2	11.8	5.2		6.9	2.5	-0.2	14.9	5.8		9.9
Q2	2.1	1.2	3.3	2.3		-0.8	1.3	2.9	8.2	3.8		0.0
Q3	0.3	1.9	13.0	4.8		3.8	-0.4	2.3	9.0	3.2		3.1
Q4	-0.5	-1.9	101.8	35.8		35.9	-0.6	-1.8	97.9	34.8		32.4
2019
Q1	4.6	7.9	-52.8	-25.5		-21.6	4.1	5.7	-53.0	-26.0		-20.6
Q2	1.5	1.7	230.0	78.2		70.0	0.9	0.4	233.3	79.2		69.3
Q3	-0.8	0.5	-64.9	-40.5		-39.3	-1.7	2.3	-65.6	-41.5		-39.9
Q4	-0.9	0.5	324.6	118.6		116.5	-0.7	-2.0	313.8	114.8		110.0
2020
Q1	-3.0	3.3	-9.6	-7.2		-6.7	-3.5	1.2	-8.1	-6.4		-4.6
Q2	-15.5	9.4	-75.9	-55.5		-54.5	-14.2	12.0	-74.3	-54.0		-53.3
Q3	13.5	-1.3	-0.0	5.5		2.2	11.6	0.3	-4.8	3.1		0.6
Q4	-1.9	5.6	34.2	12.3		14.4	-1.7	2.7	24.5	8.5		7.9
2021
Q1	-4.4	-0.9	-27.2	-13.5		-13.8	-5.7	-0.3	-25.0	-12.7		-10.3
Q2	16.1	1.4	3.8	8.8		8.8	15.5	0.7	5.1	8.9		7.1
Q3	2.1	2.2	3.6	2.6		2.7	0.3	-0.1	-1.0	-0.2		1.1
Q4	1.3	1.7	86.7	30.7		28.7	-0.3	0.9	76.5	25.9		21.0
¹Chain linked series not additive

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Table 5.4 Modified Total Domestic Demand at Current Market Prices & Constant Prices (Chain linked annually and referenced to year 2019)¹ - Non-Seasonally Adjusted

Table 5.4 Modified Total Domestic Demand at Current Market Prices & Constant Prices (Chain linked annually and referenced to year 2019)¹ - 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	Modified Gross Domestic Fixed Capital Formation	Modified Final Domestic Demand	Value of Physical Changes in Stocks	Modified Total Domestic Demand	Personal Consumption of Goods and Services	Net Exp. by Central and Local Government on Current Goods and Services	Modified Gross Domestic Fixed Capital Formation	Modified Final Domestic Demand	Value of Physical Changes in Stocks	Modified Total Domestic Demand
2015	91,345	27,966	30,028	149,339	4,552	153,891	96,218	29,470	34,430	160,198	3,801	164,321
2016	96,264	29,273	33,481	159,018	4,765	163,783	101,094	30,787	37,482	169,359	4,184	173,931
2017	99,462	31,027	36,515	167,004	4,222	171,227	103,405	31,960	39,430	174,744	3,692	178,705
2018	105,365	32,787	40,107	178,259	974	179,233	107,481	33,511	41,833	182,750	907	183,366
2019	111,054	35,896	38,926	185,877	3,925	189,802	111,054	35,896	38,926	185,877	3,925	189,802
2020	100,158	40,415	38,317	178,889	4,698	183,588	99,504	39,811	37,519	176,835	4,929	181,764
2021	109,530	43,410	44,040	196,980	3,126	200,106	105,198	41,937	41,158	188,293	3,497	191,790

2015
Q1	21,902	6,875	7,418	36,196	621	36,816	23,271	7,276	8,643	39,186	510	39,647
Q2	21,960	6,941	7,231	36,133	932	37,064	23,130	7,327	8,370	38,845	747	39,616
Q3	22,835	6,987	7,816	37,638	2,317	39,955	23,893	7,368	9,012	40,253	1,964	42,607
Q4	24,648	7,162	7,563	39,372	683	40,055	25,924	7,499	8,405	41,914	581	42,452
	91,345	27,966	30,028	149,339	4,552	153,891	96,218	29,470	34,430	160,198	3,801	164,321
2016
Q1	23,611	7,164	7,630	38,406	752	39,158	24,929	7,516	8,599	41,083	693	41,781
Q2	23,105	7,222	7,753	38,081	402	38,483	24,165	7,588	8,738	40,508	413	40,850
Q3	23,777	7,416	8,831	40,024	494	40,518	24,858	7,756	9,984	42,551	474	42,961
Q4	25,770	7,471	9,266	42,508	3,117	45,625	27,142	7,926	10,162	45,216	2,605	48,339
	96,264	29,273	33,481	159,018	4,765	163,783	101,094	30,787	37,482	169,359	4,184	173,931
2017
Q1	24,132	7,459	8,232	39,823	-625	39,198	25,297	7,769	9,007	42,090	-527	41,332
Q2	23,749	7,636	8,802	40,187	1,914	42,101	24,611	7,850	9,586	42,028	1,622	43,868
Q3	24,842	7,912	9,159	41,913	2,985	44,898	25,750	8,124	9,903	43,763	2,557	46,729
Q4	26,740	8,020	10,322	45,082	-52	45,030	27,747	8,218	10,933	46,863	40	46,777
	99,462	31,027	36,515	167,004	4,222	171,227	103,405	31,960	39,430	174,744	3,692	178,705
2018
Q1	25,301	7,977	9,493	42,770	2,308	45,078	26,081	8,037	10,087	44,188	2,053	46,525
Q2	25,478	8,148	9,781	43,407	119	43,526	25,929	8,338	10,254	44,501	109	44,518
Q3	26,482	8,439	10,144	45,065	-8	45,057	26,852	8,680	10,517	46,033	40	45,963
Q4	28,104	8,223	10,690	47,017	-1,446	45,571	28,619	8,456	10,975	48,028	-1,295	46,360
	105,365	32,787	40,107	178,259	974	179,233	107,481	33,511	41,833	182,750	907	183,366
2019
Q1	26,772	8,677	8,904	44,353	3,079	47,432	26,982	8,781	9,101	44,870	3,031	48,107
Q2	26,960	8,937	8,513	44,410	-346	44,064	26,905	8,897	8,605	44,421	-361	43,932
Q3	27,876	9,146	10,650	47,672	1,357	49,029	27,718	9,228	10,644	47,575	1,311	48,917
Q4	29,447	9,136	10,859	49,442	-165	49,278	29,450	8,991	10,575	49,010	-56	48,847
	111,054	35,896	38,926	185,877	3,925	189,802	111,054	35,896	38,926	185,877	3,925	189,802
2020
Q1	25,674	9,178	9,682	44,533	2,172	46,705	25,430	8,938	9,297	43,665	2,207	45,872
Q2	21,662	10,201	7,100	38,963	1,791	40,754	21,650	10,142	7,189	38,981	1,872	40,853
Q3	25,835	10,255	10,665	46,754	493	47,247	25,580	10,217	10,460	46,257	569	46,827
Q4	26,987	10,781	10,870	48,639	242	48,881	26,844	10,514	10,574	47,932	281	48,213
	100,158	40,415	38,317	178,889	4,698	183,588	99,504	39,811	37,519	176,835	4,929	181,764
2021
Q1	22,946	10,341	9,127	42,414	1,661	44,074	22,442	10,284	8,797	41,523	1,719	43,242
Q2	26,687	10,672	9,342	46,701	973	47,673	25,790	10,500	8,877	45,167	906	46,074
Q3	28,853	11,115	11,679	51,647	1,453	53,100	27,612	10,494	10,859	48,965	1,656	50,621
Q4	31,045	11,282	13,891	56,218	-960	55,258	29,353	10,660	12,624	52,638	-785	51,853
	109,530	43,410	44,040	196,980	3,126	200,106	105,198	41,937	41,158	188,293	3,497	191,790

Percentage change on corresponding period of previous year
2015	3.8	2.3	15.8	5.7		6.6	3.2	2.5	11.4	4.6		5.5
2016	5.4	4.7	11.5	6.5		6.4	5.1	4.5	8.9	5.7		5.8
2017	3.3	6.0	9.1	5.0		4.5	2.3	3.8	5.2	3.2		2.7
2018	5.9	5.7	9.8	6.7		4.7	3.9	4.9	6.1	4.6		2.6
2019	5.4	9.5	-2.9	4.3		5.9	3.3	7.1	-6.9	1.7		3.5
2020	-9.8	12.6	-1.6	-3.8		-3.3	-10.4	10.9	-3.6	-4.9		-4.2
2021	9.4	7.4	14.9	10.1		9.0	5.7	5.3	9.7	6.5		5.5

2015
Q1	4.1	3.3	24.2	7.5		5.8	3.6	2.6	19.7	6.3		4.5
Q2	3.3	0.3	21.9	5.9		8.2	2.7	-0.7	17.8	4.6		6.8
Q3	4.5	1.0	16.8	6.2		11.0	3.7	2.0	12.0	5.0		10.1
Q4	3.4	4.6	3.2	3.6		2.0	2.7	6.1	-1.4	2.6		1.0
2016
Q1	7.8	4.2	2.9	6.1		6.4	7.1	3.3	-0.5	4.8		5.4
Q2	5.2	4.0	7.2	5.4		3.8	4.5	3.6	4.4	4.3		3.1
Q3	4.1	6.1	13.0	6.3		1.4	4.0	5.3	10.8	5.7		0.8
Q4	4.6	4.3	22.5	8.0		13.9	4.7	5.7	20.9	7.9		13.9
2017
Q1	2.2	4.1	7.9	3.7		0.1	1.5	3.4	4.7	2.5		-1.1
Q2	2.8	5.7	13.5	5.5		9.4	1.8	3.4	9.7	3.8		7.4
Q3	4.5	6.7	3.7	4.7		10.8	3.6	4.7	-0.8	2.8		8.8
Q4	3.8	7.4	11.4	6.1		-1.3	2.2	3.7	7.6	3.6		-3.2
2018
Q1	4.8	6.9	15.3	7.4		15.0	3.1	3.5	12.0	5.0		12.6
Q2	7.3	6.7	11.1	8.0		3.4	5.4	6.2	7.0	5.9		1.5
Q3	6.6	6.7	10.8	7.5		0.4	4.3	6.8	6.2	5.2		-1.6
Q4	5.1	2.5	3.6	4.3		1.2	3.1	2.9	0.4	2.5		-0.9
2019
Q1	5.8	8.8	-6.2	3.7		5.2	3.5	9.2	-9.8	1.5		3.4
Q2	5.8	9.7	-13.0	2.3		1.2	3.8	6.7	-16.1	-0.2		-1.3
Q3	5.3	8.4	5.0	5.8		8.8	3.2	6.3	1.2	3.3		6.4
Q4	4.8	11.1	1.6	5.2		8.1	2.9	6.3	-3.6	2.0		5.4
2020
Q1	-4.1	5.8	8.7	0.4		-1.5	-5.8	1.8	2.1	-2.7		-4.6
Q2	-19.7	14.1	-16.6	-12.3		-7.5	-19.5	14.0	-16.5	-12.2		-7.0
Q3	-7.3	12.1	0.1	-1.9		-3.6	-7.7	10.7	-1.7	-2.8		-4.3
Q4	-8.4	18.0	0.1	-1.6		-0.8	-8.8	16.9	-0.0	-2.2		-1.3
2021
Q1	-10.6	12.7	-5.7	-4.8		-5.6	-11.7	15.0	-5.4	-4.9		-5.7
Q2	23.2	4.6	31.6	19.9		17.0	19.1	3.5	23.5	15.9		12.8
Q3	11.7	8.4	9.5	10.5		12.4	7.9	2.7	3.8	5.9		8.1
Q4	15.0	4.6	27.8	15.6		13.0	9.3	1.4	19.4	9.8		7.6
¹Chain linked series not additive

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Table 5.5 Modified Total Domestic Demand at Current Market Prices & Constant Prices (Chain linked annually and referenced to year 2019)¹ - Seasonally Adjusted

Table 5.5 Modified Total Domestic Demand at Current Market Prices & Constant Prices (Chain linked annually and referenced to year 2019)¹ - 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	Modified Gross Domestic Fixed Capital Formation	Modified Final Domestic Demand	Value of Physical Changes in Stocks	Modified Total Domestic Demand	Personal Consumption of Goods and Services	Net Exp. by Central and Local Government on Current Goods and Services	Modified Gross Domestic Fixed Capital Formation	Modified Final Domestic Demand	Value of Physical Changes in Stocks	Modified Total Domestic Demand
2015
Q1	22,388	6,947	7,648	36,983	264	37,247	23,767	7,339	8,777	39,883	510	40,393
Q2	22,695	6,946	7,593	37,234	884	38,118	23,989	7,335	8,680	40,005	747	40,751
Q3	23,060	6,926	7,706	37,692	1,982	39,674	24,249	7,325	8,721	40,295	1,964	42,259
Q4	23,205	7,146	7,005	37,356	1,472	38,828	24,396	7,459	7,966	39,821	581	40,402
2016
Q1	24,072	7,236	7,921	39,229	324	39,553	25,375	7,586	8,744	41,705	693	42,398
Q2	23,917	7,235	8,137	39,289	378	39,667	25,113	7,613	9,040	41,766	413	42,179
Q3	23,967	7,347	8,667	39,981	130	40,111	25,128	7,706	9,694	42,528	474	43,001
Q4	24,298	7,450	8,590	40,338	3,982	44,319	25,507	7,864	9,466	42,838	2,605	45,443
2017
Q1	24,594	7,537	8,562	40,693	-1,126	39,567	25,753	7,856	9,448	43,056	-527	42,529
Q2	24,621	7,658	9,355	41,634	1,910	43,544	25,611	7,898	9,945	43,453	1,622	45,075
Q3	24,962	7,828	8,953	41,744	2,606	44,350	25,917	8,036	9,661	43,614	2,557	46,171
Q4	25,201	7,987	9,509	42,697	881	43,579	26,030	8,160	10,176	44,366	40	44,406
2018
Q1	25,885	8,080	9,935	43,899	1,736	45,635	26,679	8,145	10,522	45,346	2,053	47,399
Q2	26,427	8,178	10,433	45,038	129	45,167	27,013	8,382	10,646	46,040	109	46,150
Q3	26,519	8,335	9,879	44,733	-395	44,338	26,901	8,573	10,271	45,745	40	45,784
Q4	26,393	8,173	9,766	44,332	-453	43,879	26,752	8,415	10,102	45,268	-1,295	43,973
2019
Q1	27,598	8,821	9,304	45,724	2,449	48,173	27,839	8,891	9,601	46,331	3,031	49,363
Q2	28,009	8,971	9,395	46,375	-336	46,039	28,087	8,927	9,385	46,399	-361	46,037
Q3	27,778	9,019	10,284	47,080	975	48,055	27,605	9,133	10,318	47,056	1,311	48,368
Q4	27,515	9,062	9,773	46,350	875	47,225	27,399	8,947	9,549	45,895	-56	45,838
2020
Q1	26,694	9,360	10,122	46,176	1,488	47,664	26,451	9,055	9,833	45,339	2,207	47,546
Q2	22,565	10,242	7,912	40,718	1,804	42,522	22,688	10,142	7,863	40,693	1,872	42,564
Q3	25,608	10,104	10,336	46,048	120	46,168	25,324	10,167	10,232	45,723	569	46,292
Q4	25,117	10,670	9,793	45,579	1,312	46,891	24,895	10,441	9,474	44,811	281	45,091
2021
Q1	24,007	10,571	9,315	43,894	940	44,834	23,481	10,409	9,091	42,981	1,719	44,700
Q2	27,882	10,718	10,424	49,025	984	50,009	27,119	10,483	9,696	47,297	906	48,203
Q3	28,471	10,951	11,333	50,754	1,086	51,841	27,212	10,474	10,715	48,401	1,656	50,057
Q4	28,840	11,141	12,551	52,533	147	52,680	27,134	10,566	11,353	49,054	-785	48,269

Percentage change on previous quarter
2015
Q1	-0.0	1.7	10.7	2.4		-2.2	-0.1	4.0	9.5	2.6		1.2
Q2	1.4	-0.0	-0.7	0.7		2.3	0.9	-0.1	-1.1	0.3		0.9
Q3	1.6	-0.3	1.5	1.2		4.1	1.1	-0.1	0.5	0.7		3.7
Q4	0.6	3.2	-9.1	-0.9		-2.1	0.6	1.8	-8.7	-1.2		-4.4
2016
Q1	3.7	1.3	13.1	5.0		1.9	4.0	1.7	9.8	4.7		4.9
Q2	-0.6	-0.0	2.7	0.2		0.3	-1.0	0.4	3.4	0.1		-0.5
Q3	0.2	1.5	6.5	1.8		1.1	0.1	1.2	7.2	1.8		1.9
Q4	1.4	1.4	-0.9	0.9		10.5	1.5	2.1	-2.3	0.7		5.7
2017
Q1	1.2	1.2	-0.3	0.9		-10.7	1.0	-0.1	-0.2	0.5		-6.4
Q2	0.1	1.6	9.3	2.3		10.1	-0.6	0.5	5.3	0.9		6.0
Q3	1.4	2.2	-4.3	0.3		1.8	1.2	1.7	-2.9	0.4		2.4
Q4	1.0	2.0	6.2	2.3		-1.7	0.4	1.5	5.3	1.7		-3.8
2018
Q1	2.7	1.2	4.5	2.8		4.7	2.5	-0.2	3.4	2.2		6.7
Q2	2.1	1.2	5.0	2.6		-1.0	1.3	2.9	1.2	1.5		-2.6
Q3	0.3	1.9	-5.3	-0.7		-1.8	-0.4	2.3	-3.5	-0.6		-0.8
Q4	-0.5	-1.9	-1.1	-0.9		-1.0	-0.6	-1.8	-1.6	-1.0		-4.0
2019
Q1	4.6	7.9	-4.7	3.1		9.8	4.1	5.7	-5.0	2.3		12.3
Q2	1.5	1.7	1.0	1.4		-4.4	0.9	0.4	-2.3	0.1		-6.7
Q3	-0.8	0.5	9.5	1.5		4.4	-1.7	2.3	9.9	1.4		5.1
Q4	-0.9	0.5	-5.0	-1.6		-1.7	-0.7	-2.0	-7.5	-2.5		-5.2
2020
Q1	-3.0	3.3	3.6	-0.4		0.9	-3.5	1.2	3.0	-1.2		3.7
Q2	-15.5	9.4	-21.8	-11.8		-10.8	-14.2	12.0	-20.0	-10.2		-10.5
Q3	13.5	-1.3	30.6	13.1		8.6	11.6	0.3	30.1	12.4		8.8
Q4	-1.9	5.6	-5.3	-1.0		1.6	-1.7	2.7	-7.4	-2.0		-2.6
2021
Q1	-4.4	-0.9	-4.9	-3.7		-4.4	-5.7	-0.3	-4.0	-4.1		-0.9
Q2	16.1	1.4	11.9	11.7		11.5	15.5	0.7	6.7	10.0		7.8
Q3	2.1	2.2	8.7	3.5		3.7	0.3	-0.1	10.5	2.3		3.8
Q4	1.3	1.7	10.8	3.5		1.6	-0.3	0.9	5.9	1.3		-3.6
¹Chain linked series not additive

Open in Excel: Quarterly National Accounts Q4 2021 Table 5.5 (XLS 23KB)

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

Table 5.6 Components of Modified Gross Domestic Fixed Capital Formation at Current Market Prices - Non-Seasonally Adjusted									€million
Period	Dwellings	Improvements	Other Building and Construction	Transfer Costs	Machinery and Equipment excluding Aircraft related to Leasing	Intangible Assets excluding R&D service imports and trade in IP	Modified Gross Domestic Fixed Capital Formation	Aircraft related to Leasing	R&D service imports and trade in IP
2015	1,492	1,856	9,917	911	10,471	5,381	30,028	5,168	28,004
2016	2,036	2,196	11,169	1,147	12,488	4,443	33,481	7,137	56,085
2017	3,059	2,589	12,734	1,106	10,628	6,399	36,515	11,547	50,648
2018	3,649	3,223	14,512	1,386	11,188	6,150	40,107	15,307	36,703
2019	4,497	2,809	16,932	1,506	8,927	4,256	38,926	16,086	136,073
2020	4,657	2,642	16,691	1,163	7,870	5,294	38,317	9,948	99,473
2021	4,976	2,982	17,249	1,416	11,575	5,843	44,040	10,185	44,644

2015
Q1	303	461	1,874	242	3,085	1,454	7,418	1,074	3,495
Q2	330	448	2,214	204	2,627	1,408	7,231	1,458	5,015
Q3	461	445	2,614	220	2,878	1,199	7,816	482	5,863
Q4	398	503	3,216	245	1,881	1,320	7,563	2,154	13,632
	1,492	1,856	9,917	911	10,471	5,381	30,028	5,168	28,004
2016
Q1	459	478	1,874	260	3,487	1,072	7,630	1,495	10,007
Q2	522	565	2,437	262	2,902	1,065	7,753	1,951	14,496
Q3	544	588	3,154	314	3,069	1,162	8,831	1,522	12,372
Q4	511	564	3,704	311	3,031	1,144	9,266	2,169	19,210
	2,036	2,196	11,169	1,147	12,488	4,443	33,481	7,137	56,085
2017
Q1	630	596	2,419	270	2,660	1,658	8,232	3,450	3,536
Q2	691	601	2,650	242	3,074	1,543	8,802	3,302	40,953
Q3	882	620	3,441	250	2,412	1,554	9,159	1,587	3,493
Q4	857	773	4,224	344	2,481	1,643	10,322	3,208	2,665
	3,059	2,589	12,734	1,106	10,628	6,399	36,515	11,547	50,648
2018
Q1	758	882	2,686	295	3,394	1,477	9,493	2,265	3,511
Q2	920	841	3,140	344	n/a¹	n/a¹	9,781	n/a¹	n/a¹
Q3	1,021	779	4,041	344	2,347	1,612	10,144	4,132	4,894
Q4	950	721	4,645	403	n/a¹	n/a¹	10,690	n/a¹	n/a¹
	3,649	3,223	14,512	1,386	11,188	6,150	40,107	15,307	36,703
2019
Q1	993	682	3,184	333	2,603	1,110	8,904	3,502	4,686
Q2	1,051	666	3,521	341	n/a¹	n/a¹	8,513	n/a¹	n/a¹
Q3	1,297	788	4,693	381	n/a¹	n/a¹	10,650	n/a¹	n/a¹
Q4	1,157	674	5,533	451	n/a¹	n/a¹	10,859	n/a¹	n/a¹
	4,497	2,809	16,932	1,506	8,927	4,256	38,926	16,086	136,073
2020
Q1	1,227	479	3,944	378	n/a¹	n/a¹	9,682	n/a¹	n/a¹
Q2	721	538	2,575	195	n/a¹	n/a¹	7,100	n/a¹	n/a¹
Q3	1,222	756	4,744	210	2,285	1,449	10,665	2,369	6,584
Q4	1,488	869	5,429	381	n/a¹	n/a¹	10,870	n/a¹	n/a¹
	4,657	2,642	16,691	1,163	7,870	5,294	38,317	9,948	99,473
2021
Q1	993	507	2,707	327	3,072	1,521	9,127	2,371	6,518
Q2	1,217	759	3,358	355	2,159	1,494	9,342	3,029	6,929
Q3	1,205	792	4,937	327	n/a¹	n/a¹	11,679	n/a¹	n/a¹
Q4	1,561	923	6,247	407	n/a¹	n/a¹	13,891	n/a¹	n/a¹
	4,976	2,982	17,249	1,416	11,575	5,843	44,040	10,185	44,644

Percentage change on corresponding period of previous year
2015	36.1	-3.4	14.1	9.3	14.2	28.0	15.8	-22.8	267.0
2016	36.5	18.3	12.6	26.0	19.3	-17.4	11.5	38.1	100.3
2017	50.2	17.9	14.0	-3.6	-14.9	44.0	9.1	61.8	-9.7
2018	19.3	24.5	14.0	25.3	5.3	-3.9	9.8	32.6	-27.5
2019	23.3	-12.8	16.7	8.7	-20.2	-30.8	-2.9	5.1	270.7
2020	3.6	-6.0	-1.4	-22.8	-11.8	24.4	-1.6	-38.2	-26.9
2021	6.8	12.9	3.3	21.8	47.1	10.4	14.9	2.4	-55.1

2015
Q1	30.0	-4.6	11.3	48.6	32.3	34.7	24.2	-40.4	92.0
Q2	22.9	-10.4	12.3	20.6	33.5	33.5	21.9	3.5	162.4
Q3	51.5	-9.8	10.3	-2.1	26.0	18.2	16.8	-73.7	252.4
Q4	36.9	12.6	20.5	-11.7	-27.3	25.1	3.2	30.5	510.0
2016
Q1	51.6	3.8	0.0	7.4	13.0	-26.3	2.9	39.2	186.3
Q2	58.0	26.3	10.1	28.5	10.5	-24.3	7.2	33.8	189.1
Q3	18.2	32.3	20.7	42.7	6.6	-3.1	13.0	215.8	111.0
Q4	28.3	12.2	15.2	27.2	61.1	-13.3	22.5	0.7	40.9
2017
Q1	37.1	24.6	29.1	3.6	-23.7	54.7	7.9	130.8	-64.7
Q2	32.5	6.3	8.7	-7.7	6.0	44.9	13.5	69.2	182.5
Q3	62.0	5.4	9.1	-20.3	-21.4	33.7	3.7	4.3	-71.8
Q4	67.6	36.9	14.0	10.7	-18.1	43.6	11.4	47.9	-86.1
2018
Q1	20.4	48.0	11.0	9.5	27.6	-10.9	15.3	-34.3	-0.7
Q2	33.1	39.9	18.5	42.0	n/a¹	n/a¹	11.1	n/a¹	n/a¹
Q3	15.8	25.7	17.5	37.6	-2.7	3.7	10.8	160.4	40.1
Q4	10.9	-6.7	10.0	17.0	n/a¹	n/a¹	3.6	n/a¹	n/a¹
2019
Q1	31.0	-22.7	18.5	12.8	-23.3	-24.9	-6.2	54.6	33.5
Q2	14.2	-20.9	12.1	-0.8	n/a¹	n/a¹	-13.0	n/a¹	n/a¹
Q3	27.0	1.1	16.1	10.9	n/a¹	n/a¹	5.0	n/a¹	n/a¹
Q4	21.8	-6.5	19.1	11.9	n/a¹	n/a¹	1.6	n/a¹	n/a¹
2020
Q1	23.5	-29.7	23.8	13.6	n/a¹	n/a¹	8.7	n/a¹	n/a¹
Q2	-31.4	-19.3	-26.9	-42.9	n/a¹	n/a¹	-16.6	n/a¹	n/a¹
Q3	-5.7	-4.0	1.1	-45.0	n/a¹	n/a¹	0.1	n/a¹	n/a¹
Q4	28.6	28.8	-1.9	-15.6	n/a¹	n/a¹	0.1	n/a¹	n/a¹
2021
Q1	-19.1	5.8	-31.4	-13.4	n/a¹	n/a¹	-5.7	n/a¹	n/a¹
Q2	68.9	41.2	30.4	82.3	n/a¹	n/a¹	31.6	n/a¹	n/a¹
Q3	-1.4	4.8	4.1	56.1	n/a¹	n/a¹	9.5	n/a¹	n/a¹
Q4	4.9	6.3	15.1	6.8	n/a¹	n/a¹	27.8	n/a¹	n/a¹
¹Data suppressed for confidentiality reasons

Open in Excel: Quarterly National Accounts Q4 2021 Table 5.6 (XLS 21KB)

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Table 5.7 Components of Modified Gross Domestic Fixed Capital Formation at Constant Prices (Chain linked annually and referenced to year 2019)¹ - Non-Seasonally Adjusted

Table 5.7 Components of Modified Gross Domestic Fixed Capital Formation at Constant Prices (Chain linked annually and referenced to year 2019)¹ - Non-Seasonally Adjusted									€million
Period	Dwellings	Improvements	Other Building and Construction	Transfer Costs	Machinery and Equipment excluding Aircraft related to Leasing	Intangible Assets excluding R&D service imports and trade in IP	Modified Gross Domestic Fixed Capital Formation	Aircraft related to Leasing	R&D service imports and trade in IP
2015	1,670	2,395	12,813	1,201	10,039	6,057	34,430	5,452	30,691
2016	2,237	2,668	13,581	1,416	12,154	4,909	37,482	7,472	60,659
2017	3,241	2,969	14,606	1,247	10,252	6,927	39,430	11,907	53,570
2018	4,005	3,438	15,482	1,438	10,901	6,374	41,833	15,592	38,235
2019	4,497	2,809	16,932	1,506	8,927	4,256	38,926	16,086	136,073
2020	4,335	2,574	16,261	1,151	8,090	5,109	37,519	9,851	99,707
2021	4,280	2,651	15,275	1,297	12,293	5,362	41,158	9,916	40,649

2015
Q1	358	617	2,511	331	2,978	1,605	8,643	1,139	3,969
Q2	379	585	2,900	273	2,511	1,613	8,370	1,541	5,706
Q3	511	578	3,399	285	2,761	1,377	9,012	507	6,749
Q4	421	615	4,003	313	1,789	1,462	8,405	2,265	14,267
	1,670	2,395	12,813	1,201	10,039	6,057	34,430	5,452	30,691
2016
Q1	504	594	2,345	333	3,384	1,116	8,599	1,568	10,840
Q2	563	687	2,983	332	2,837	1,200	8,738	2,044	16,019
Q3	608	729	3,886	381	2,999	1,322	9,984	1,594	13,557
Q4	563	657	4,367	370	2,935	1,271	10,162	2,266	20,244
	2,237	2,668	13,581	1,416	12,154	4,909	37,482	7,472	60,659
2017
Q1	705	698	2,839	319	2,553	1,781	9,007	3,570	3,773
Q2	757	699	3,077	281	2,927	1,694	9,586	3,406	43,415
Q3	913	718	3,968	276	2,324	1,711	9,903	1,634	3,689
Q4	865	854	4,722	371	2,448	1,741	10,933	3,298	2,694
	3,241	2,969	14,606	1,247	10,252	6,927	39,430	11,907	53,570
2018
Q1	859	965	2,986	316	3,286	1,513	10,087	2,316	3,578
Q2	1,018	902	3,373	359	n/a²	n/a²	10,254	n/a²	n/a²
Q3	1,107	829	4,298	352	2,266	1,693	10,517	4,207	5,111
Q4	1,021	742	4,825	410	n/a²	n/a²	10,975	n/a²	n/a²
	4,005	3,438	15,482	1,438	10,901	6,374	41,833	15,592	38,235
2019
Q1	1,004	711	3,315	337	2,582	1,101	9,101	3,517	4,868
Q2	1,057	681	3,603	343	n/a²	n/a²	8,605	n/a²	n/a²
Q3	1,286	791	4,739	378	n/a²	n/a²	10,644	n/a²	n/a²
Q4	1,150	625	5,275	448	n/a²	n/a²	10,575	n/a²	n/a²
	4,497	2,809	16,932	1,506	8,927	4,256	38,926	16,086	136,073
2020
Q1	1,153	443	3,745	376	n/a²	n/a²	9,297	n/a²	n/a²
Q2	673	578	2,675	194	n/a²	n/a²	7,189	n/a²	n/a²
Q3	1,135	722	4,583	208	2,347	1,465	10,460	2,350	6,949
Q4	1,373	831	5,258	373	n/a²	n/a²	10,574	n/a²	n/a²
	4,335	2,574	16,261	1,151	8,090	5,109	37,519	9,851	99,707
2021
Q1	902	475	2,535	316	3,240	1,329	8,797	2,335	6,311
Q2	1,080	686	3,034	335	2,332	1,411	8,877	2,965	6,369
Q3	1,027	694	4,325	295	n/a²	n/a²	10,859	n/a²	n/a²
Q4	1,271	795	5,382	351	n/a²	n/a²	12,624	n/a²	n/a²
	4,280	2,651	15,275	1,297	12,293	5,362	41,158	9,916	40,649

Percentage change on corresponding period of previous year
2015	34.5	-8.5	8.1	-0.2	11.7	23.0	11.4	-23.6	247.1
2016	34.0	11.4	6.0	17.9	21.1	-18.9	8.9	37.1	97.6
2017	44.9	11.3	7.5	-11.9	-15.6	41.1	5.2	59.4	-11.7
2018	23.6	15.8	6.0	15.3	6.3	-8.0	6.1	30.9	-28.6
2019	12.3	-18.3	9.4	4.7	-18.1	-33.2	-6.9	3.2	255.9
2020	-3.6	-8.4	-4.0	-23.6	-9.4	20.1	-3.6	-38.8	-26.7
2021	-1.3	3.0	-6.1	12.7	51.9	5.0	9.7	0.7	-59.2

2015
Q1	29.3	-9.4	5.6	27.9	29.8	31.6	19.7	-40.8	97.3
Q2	22.6	-12.8	8.2	7.0	29.6	28.6	17.8	2.6	154.2
Q3	49.3	-15.7	3.7	-9.2	23.5	12.8	12.0	-74.1	237.7
Q4	34.7	6.3	13.9	-16.8	-29.0	19.0	-1.4	28.8	451.2
2016
Q1	40.6	-3.7	-6.6	0.7	13.6	-30.4	-0.5	37.6	173.1
Q2	48.3	17.5	2.9	21.7	13.0	-25.6	4.4	32.6	180.8
Q3	18.9	26.1	14.3	33.6	8.6	-4.0	10.8	214.5	100.9
Q4	33.7	7.0	9.1	18.2	64.0	-13.1	20.9	0.1	41.9
2017
Q1	40.0	17.4	21.1	-4.1	-24.6	59.5	4.7	127.7	-65.2
Q2	34.5	1.7	3.1	-15.4	3.2	41.2	9.7	66.6	171.0
Q3	50.3	-1.6	2.1	-27.6	-22.5	29.4	-0.8	2.5	-72.8
Q4	53.7	29.9	8.1	0.3	-16.6	37.0	7.6	45.5	-86.7
2018
Q1	21.9	38.3	5.2	-1.0	28.7	-15.0	12.0	-35.1	-5.2
Q2	34.5	29.1	9.6	28.0	n/a²	n/a²	7.0	n/a²	n/a²
Q3	21.1	15.5	8.3	27.6	-2.5	-1.1	6.2	157.4	38.5
Q4	18.0	-13.2	2.2	10.4	n/a²	n/a²	0.4	n/a²	n/a²
2019
Q1	16.9	-26.3	11.0	6.5	-21.4	-27.2	-9.8	51.9	36.0
Q2	3.9	-24.5	6.8	-4.6	n/a²	n/a²	-16.1	n/a²	n/a²
Q3	16.2	-4.5	10.3	7.3	n/a²	n/a²	1.2	n/a²	n/a²
Q4	12.6	-15.7	9.3	9.3	n/a²	n/a²	-3.6	n/a²	n/a²
2020
Q1	14.8	-37.7	13.0	11.6	n/a²	n/a²	2.1	n/a²	n/a²
Q2	-36.3	-15.2	-25.8	-43.5	n/a²	n/a²	-16.5	n/a²	n/a²
Q3	-11.7	-8.8	-3.3	-45.1	n/a²	n/a²	-1.7	n/a²	n/a²
Q4	19.4	32.9	-0.3	-16.7	n/a²	n/a²	-0.0	n/a²	n/a²
2021
Q1	-21.8	7.1	-32.3	-15.9	n/a²	n/a²	-5.4	n/a²	n/a²
Q2	60.4	18.8	13.4	73.0	n/a²	n/a²	23.5	n/a²	n/a²
Q3	-9.5	-3.8	-5.6	41.8	n/a²	n/a²	3.8	n/a²	n/a²
Q4	-7.4	-4.3	2.4	-6.0	n/a²	n/a²	19.4	n/a²	n/a²
¹Chain linked series not additive
²Data suppressed for confidentiality reasons

Open in Excel: Quarterly National Accounts Q4 2021 Table 5.7 (XLS 21KB)

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Table 5.8 Components of Modified Gross Domestic Fixed Capital Formation at Current Market Prices & Constant Prices (Chain linked annually and referenced to year 2019)¹ - 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 2019)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 Equipment excluding Aircraft related to Leasing	Intangible Assets excluding R&D service imports and trade in IP	Modified Gross Domestic Fixed Capital Formation	All Building and Construction (including Dwellings, Improvements, other B&C and Transfer Costs)²	Machinery and Equipment excluding Aircraft related to Leasing	Intangible Assets excluding R&D service imports and trade in IP	Modified Gross Domestic Fixed Capital Formation
2015
Q1	3,394	2,821	1,433	7,648	4,404	2,731	1,642	8,777
Q2	3,471	2,691	1,432	7,593	4,491	2,541	1,648	8,680
Q3	3,497	2,967	1,242	7,706	4,430	2,872	1,419	8,721
Q4	3,763	1,968	1,274	7,005	4,658	1,877	1,430	7,966
2016
Q1	3,597	3,267	1,057	7,921	4,365	3,228	1,151	8,744
Q2	4,096	2,958	1,083	8,137	4,941	2,866	1,233	9,040
Q3	4,318	3,145	1,203	8,667	5,208	3,119	1,367	9,694
Q4	4,375	3,111	1,104	8,590	5,170	3,047	1,249	9,466
2017
Q1	4,531	2,396	1,635	8,562	5,247	2,398	1,803	9,448
Q2	4,592	3,194	1,570	9,355	5,277	2,956	1,712	9,945
Q3	4,882	2,461	1,610	8,953	5,501	2,418	1,742	9,661
Q4	5,365	2,560	1,585	9,509	5,939	2,554	1,683	10,176
2018
Q1	5,314	3,165	1,456	9,935	5,876	3,114	1,532	10,522
Q2	5,748	n/a³	n/a³	10,433	6,169	n/a³	n/a³	10,646
Q3	5,820	2,390	1,669	9,879	6,190	2,357	1,723	10,271
Q4	5,799	n/a³	n/a³	9,766	6,082	n/a³	n/a³	10,102
2019
Q1	5,891	2,320	1,094	9,304	6,114	2,374	1,113	9,601
Q2	6,232	n/a³	n/a³	9,395	6,308	n/a³	n/a³	9,385
Q3	6,754	n/a³	n/a³	10,284	6,795	n/a³	n/a³	10,318
Q4	6,727	n/a³	n/a³	9,773	6,455	n/a³	n/a³	9,549
2020
Q1	6,777	n/a³	n/a³	10,122	6,479	n/a³	n/a³	9,833
Q2	4,543	n/a³	n/a³	7,912	4,610	n/a³	n/a³	7,863
Q3	6,560	2,274	1,502	10,336	6,328	2,415	1,490	10,232
Q4	7,089	n/a³	n/a³	9,793	6,741	n/a³	n/a³	9,474
2021
Q1	5,021	2,795	1,499	9,315	4,746	3,001	1,344	9,091
Q2	6,418	2,485	1,521	10,424	5,727	2,544	1,424	9,696
Q3	6,894	n/a³	n/a³	11,333	6,080	n/a³	n/a³	10,715
Q4	7,890	n/a³	n/a³	12,551	6,639	n/a³	n/a³	11,353

Percentage change on previous quarter
2015
Q1	6.2	4.5	40.8	10.7	6.0	2.6	36.8	9.5
Q2	2.3	-4.6	-0.1	-0.7	2.0	-6.9	0.4	-1.1
Q3	0.7	10.3	-13.3	1.5	-1.4	13.0	-13.9	0.5
Q4	7.6	-33.7	2.6	-9.1	5.2	-34.6	0.8	-8.7
2016
Q1	-4.4	66.0	-17.0	13.1	-6.3	71.9	-19.5	9.8
Q2	13.9	-9.5	2.5	2.7	13.2	-11.2	7.2	3.4
Q3	5.4	6.3	11.1	6.5	5.4	8.8	10.8	7.2
Q4	1.3	-1.1	-8.3	-0.9	-0.7	-2.3	-8.6	-2.3
2017
Q1	3.6	-23.0	48.1	-0.3	1.5	-21.3	44.4	-0.2
Q2	1.3	33.3	-4.0	9.3	0.6	23.3	-5.1	5.3
Q3	6.3	-22.9	2.6	-4.3	4.2	-18.2	1.8	-2.9
Q4	9.9	4.0	-1.6	6.2	8.0	5.6	-3.4	5.3
2018
Q1	-1.0	23.7	-8.1	4.5	-1.1	21.9	-8.9	3.4
Q2	8.2	n/a³	n/a³	5.0	5.0	n/a³	n/a³	1.2
Q3	1.2	n/a³	n/a³	-5.3	0.3	n/a³	n/a³	-3.5
Q4	-0.4	n/a³	n/a³	-1.1	-1.7	n/a³	n/a³	-1.6
2019
Q1	1.6	n/a³	n/a³	-4.7	0.5	n/a³	n/a³	-5.0
Q2	5.8	n/a³	n/a³	1.0	3.2	n/a³	n/a³	-2.3
Q3	8.4	n/a³	n/a³	9.5	7.7	n/a³	n/a³	9.9
Q4	-0.4	n/a³	n/a³	-5.0	-5.0	n/a³	n/a³	-7.5
2020
Q1	0.7	n/a³	n/a³	3.6	0.4	n/a³	n/a³	3.0
Q2	-33.0	n/a³	n/a³	-21.8	-28.9	n/a³	n/a³	-20.0
Q3	44.4	n/a³	n/a³	30.6	37.3	n/a³	n/a³	30.1
Q4	8.1	n/a³	n/a³	-5.3	6.5	n/a³	n/a³	-7.4
2021
Q1	-29.2	n/a³	n/a³	-4.9	-29.6	n/a³	n/a³	-4.0
Q2	27.8	-11.1	1.5	11.9	20.7	-15.2	6.0	6.7
Q3	7.4	n/a³	n/a³	8.7	6.2	n/a³	n/a³	10.5
Q4	14.5	n/a³	n/a³	10.8	9.2	n/a³	n/a³	5.9
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

Open in Excel: Quarterly National Accounts Q4 2021 Table 5.8 (XLS 18KB)

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Quarterly National Accounts Quarter 4 2021

Domestic Demand

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Modified Domestic Demand increased by 1.3% in Q4 2021

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