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Consumption of Fixed Capital (CFC)

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Consumption of Fixed Capital (CFC) represents the depreciation of the stock of produced fixed assets as a result of normal technical and economic ageing and insurable accidental damage. The Consumption of Fixed Capital is the depreciation of the net stock of produced fixed assets during the year not caused by revaluations because of price changes, new fixed capital formation or discarding of fixed assets. For more information see the Background Notes.

When examined by A21 sector, CFC by Manufacturing (C) activities was the largest in both 1995 and 2018. In 2018 it dominated with over half of all CFC. Information and Communication activities (J) increased from the fourth largest CFC by sector in 1995 to the second biggest in 2018. Agriculture, Forestry and Fishing (A) declined from the third biggest sector by CFC in 1995 to the twelfth largest in 2018.

Figure 7.1 Proportional composition of Consumption of Fixed Capital (CFC) by A21 sector, 1995-2018

Table 7.1 CFC by NACE A21 sector, 1995-2018

Table 7.2 CFC by NACE A21 sector by rank, 1995-2018 (1 = biggest sector by value, 20 = smallest sector by value)

Table 7.3 EU Member State CFC by NACE A10 sector, sorted by Industry (NACE 5-39), 2018

GEO/TIMEIrelandFranceGermanyNetherlandsUnited KingdomLuxembourg
19955.555131261444589.139508257334199.671119478194078.824646131215738.293492033899016.80673588808721
19965.607870845653079.176631329121589.755890019371438.641620355075498.034692629209396.72782098884827
19975.386938236750939.054657223211359.721925356513048.349094703455437.748150638552016.46529715608858
19985.273708476242068.917093303913059.631224521576898.242862556380337.599306868186586.11495143158777
19995.492435336351398.84285493471619.534659820282418.251997948491567.71981620553135.45431927083218
20005.57291975405118.665605582534049.45907224382268.175347183212697.782079168306075.00479170599254
20015.550284798825618.728032615299049.475787851534218.328425730117527.898279334863125.36140043763676
20025.734686034215818.920951339028739.71706726603548.659495242035587.957368402857545.72155824948562
20035.976610101050139.095827553952719.651890810188898.880752610518487.967503661840265.69520739123398
20046.206381703579129.1247991559769.513874502830118.869380567640367.854456392832945.21565574682033
20056.562874411623319.188806710521329.378066811098518.728478321912587.907371762015264.84869154049615
20066.861613950297039.269868147162329.098248476882438.601163488232587.806964392329044.18776666581843
20076.468986073282299.295749509461039.04641719586978.503948164811837.765664418007233.83794835120145
20086.110141899819939.583979414338849.109924365636618.5231081286498.022174068945874.00685152519038
20096.4798437377281310.220669173543310.03229220976249.213501026605258.48308190853894.72795884255193
20106.747592557892939.99850908862969.587821002217759.184449402334458.330789410871414.20574139894107
20117.123772753043179.962323335517689.266193246288748.733655305556088.31112188615154.09315250667957
20126.7466100710227410.05917080721619.526580911718678.692050780731088.393233809060944.11707048097479
20136.7703480867017610.13883396898699.700821476587718.813787162854168.310049747395853.76348822609233
20146.8938548721333310.18861982174869.653182497107368.776954565756948.315001560371753.39341343355434
201510.954329864691710.17334024489679.718055117595558.644843060045298.414030284264273.30301195669149
201611.777051782172310.28443899405359.720238176219568.668432033617458.510848204058143.43400954109598
201712.693843610484810.22969821678629.687740791337998.487140569051838.423771610779963.48631067447306
201812.440301996449110.30733389639989.834924823284928.451455317747258.416569063674533.53376537407619

Ireland's CFC as a percentage of Output (and GVA) showed a marked increase following the 2015 national accounts 'level shift' from 7% in 2014 to 11% in 2015. Ireland reported the highest percentage (12%) among EU Member States for 2018, while the lowest percentage (4%) was reported by Luxembourg.

X-axis labelConsumption of Fixed Capital (CFC)
Cyprus5.83411234809212
Greece6.74150057024928
Luxembourg7.85608186169335
Latvia9.298374947915
United Kingdom9.7100848513938
Portugal10.2209898091324
Malta11.5520860666492
Croatia11.70764814841
Netherlands11.8771658245653
Estonia13.146124523507
Lithuania13.1499466478578
France13.9195914335241
Belgium16.530491646921
Denmark16.7070010023681
Finland18.1321771736583
Sweden18.6695890823908
Bulgaria18.6860243814619
Germany19.0608002549566
Austria19.1467335827285
Italy20.2735669504542
Romania20.7204422249513
Slovakia21.2379574829481
Poland22.7382929259382
Czechia23.0009821763873
Slovenia23.6491705382567
Hungary23.8943590081338
Ireland51.2211122030482

Ireland's manufacturing CFC as a percentage of total CFC was the highest of reporting EU Member States for 2018 at 51%. This was much higher than the second highest figure of 24% reported by Hungary. The EU Member State with the lowest reported percentage for 2018 was Cyprus at 6%.

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