Table 21 Gross Value Added (GVA) at Current Basic Prices
This table provides gross value added (GVA) at basic prices in current terms for 37 sectors of the economy according to the Nace Rev. 2 classification system. It provides more detail than that of the 10 economic sectors shown in Table 3. Table 21 provides valuations of GVA for the sectors at "basic prices", in line with the valuation used in Tables 2 and 3. "Basic prices" is the valuation used in EU publications and differs from "factor cost" in that overhead taxes (such as rates) are included in the basic prices valuations while overhead subsidies are excluded.
Please note: Table 21 was updated on 22 September 2021 to rectify an error in the total gross value added at current basic prices. Only the total value of gross value added for years 2016-2020 was impacted by this error, all other values in Table 21 remain as published on 15 July 2021. |
Table 22 Gross Value Added (GVA) at Constant Basic Prices (chain linked annually and referenced to year 2019)
This table provides gross value added at constant prices (chain linked and referenced to 2019) for 37 sectors of the economy. The same sectors are used as in Table 21 which is at current prices. The table provides a detailed breakdown of real growth in the constituent sectors of the economy. It aligns with Table 4 (the 10 sector breakdown) but provides a greater level of detail. The valuation used in Table 22 (as in Table 21) is "basic prices".
Note: Other taxes less other subsidies on production is not shown in Figure 11.1 and accounts for -1.0% with a value of -€3.3bn in 2020.
Table 23 provides a detailed breakdown of all components that make up Gross Value Added at current market prices by Nace Rev. 2 A64 Sector. The table also provides a breakdown of sector contributions to gross value added by Nace Rev. 2 A64 Sector.
Figure 11.1 shows the components of Gross Value Added for 2020. Compensation of Employees accounts for 29% of total Gross Value Added in 2020. Figure 11.2 provides a more detailed breakdown by Nace A10 sector.
2020 | |
Net operating surplus | 42.6172136001507 |
Consumption of fixed capital | 29.3814206285211 |
Compensation of employees | 28.9705219936278 |
Compensation of employees | Net operating surplus and net mixed income | Consumption of fixed capital | Other taxes less other subsidies on production | |
Agriculture, Forestry and Fishing | 0.789502348 | 3.293019118 | 1.034616429 | -1.651421265 |
Industry (excl. Construction) | 14.730518797 | 71.407687371 | 47.511094802 | 0.210767077 |
Construction | 4.117611068 | 3.509230469 | 0.364963397 | -0.3347732 |
Distribution, Transport, Hotels and Restaurants | 17.443178319 | 10.629957418 | 4.971557021 | -1.365089364 |
Information and Communication | 9.24803243 | 30.922390607 | 20.613655544 | -0.003701731 |
Financial and Insurance Activities | 8.425490891 | 3.789193519 | 1.992918538 | 0.46953913 |
Real Estate Activities | 0.879434113 | 13.412079432 | 6.641830723 | 0.52113261 |
Professional, Admin and Support Services | 13.415133641 | 8.167653423 | 14.805586979 | -0.620594398 |
Public Admin, Education and Health | 30.253186762 | 2.663788483 | 4.146594114 | -0.40106007 |
Arts, Entertainment and Other Services | 1.881400773 | 1.051416199 | 0.535790975 | -0.209708737 |
Table 24 provides a detailed breakdown of the contribution of each component of gross value added by Nace Rev. 2 A64 Sector.
Figure 11.3 shows compensation of employees as a percentage of gross value added for selected Nace A64 sectors.
Activity | Compensation of employees |
---|---|
Accommodation and food service activities (55-56) | 100.219770809716 |
Education (85) | 86.0165187381799 |
Social work activities (87-88) | 83.9738416112564 |
Public administration (84) | 80.8637714448399 |
Human health activities (86) | 80.3090751553662 |
Computer programming activities (62-63) | 26.1176241608418 |
Various Manufacturing activities (19, 20, 21, 26, 28, 31-32, 33) | 7.07492361345801 |
Rental and leasing activities (77) | 6.38973362507983 |
Publishing activities (58-60) | 5.20591196860859 |
Real estate activities (68) | 4.09907040847869 |
Table 25 and Figure 11.4 provide a breakdown of the components of gross value added by Foreign-owned MNE dominated and Others. Foreign-owned MNE dominated sectors include Nace Codes: 18, 20, 21, 26, 27, 31, 32, 58, 59, 60, 61, 62 and 63.
Foreign-owned MNE dominated | Other | |
Compensation of employees | 16.8216108126905 | 83.1783891873095 |
Net operating surplus and net mixed income | 64.0549866259585 | 35.9450133740415 |
Consumption of fixed capital | 62.483022849485 | 37.516977150515 |
Other taxes less other subsidies on production | -0.189328877236057 | 100.189328877236 |
Gross Value Added at Basic Prices | 50.5319935895222 | 49.4680064104778 |
Table 26 provides a detailed breakdown of the components that make up compensation of employees by Nace Rev. 2 A64 Sector. Figure 11.5 shows wages and salaries and employers' social contributions as a percentage of compensation of employees by Nace A10 sector.
Employers' Social Contribution | Wages and Salaries | |
Financial and Insurance Activities | 21.7635922300093 | 78.2364077699907 |
Industry (excl. Construction) | 18.2037439316649 | 81.7962560683351 |
Agriculture, Forestry and Fishing | 17.7298951932608 | 82.2701048067393 |
Public Admin, Education and Health | 17.6838200820889 | 82.3161799179111 |
Information and Communication | 14.5858109352493 | 85.4141890647507 |
Distribution, Transport, Hotels and Restaurants | 13.1567057919215 | 86.8432942080786 |
Real Estate Activities | 12.2740463815273 | 87.7259536184729 |
Professional, Admin and Support Services | 12.2380784295757 | 87.7619215704243 |
Arts, Entertainment and Other Services | 12.10553718964 | 87.8944628103602 |
Construction | 11.2427651806615 | 88.7572348193387 |
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