Back to Top

 Skip navigation

Extra information
For more information on this release:
E-mail: nat_acc@cso.ie Gordon Cavanagh (+353) 1 498 4307 Justin Flannery (+353) 1 498 4262 Oisín Mangan (+353) 1 498 4089
For general information on CSO statistics:
information@cso.ie (+353) 21 453 5000 On-line ISSN 2009-5775
CSO statistical release, , 11am

Quarterly National Accounts

Quarter 2 2019

GDP and GNP (seasonally adjusted) at constant 2017 prices
Q2 2019
    Amount €mQuarterly % change
GDP84,5560.7
GNP61,522-2.8

Quarterly increase of 0.7 per cent in Real GDP

Figure 1 Seasonally Adjusted growth rates(% change on previous quarter)
go to full release

On a seasonally adjusted basis, initial estimates indicate that GDP in volume terms increased by 0.7 per cent for the second quarter of 2019. Real GNP decreased by -2.8 per cent over the same period.

Value added increases for Information & Communication, Industry and Agriculture, modest changes in other sectors

Value added of Information & Communication rose by 8.1 per cent in volume terms in Q2 2019 compared with the previous quarter. Industry (excluding Construction) recorded a 5.7 per cent increase in real terms with Agriculture, Forestry and Fishing recording a 3.9 per cent increase, see Table 5. Public Administration, Education & Health and Construction grew by 1.4 per cent and 0.4 per cent respectively over the same period. Professional and Administrative Services recorded a decline of 1.3 per cent quarter-on-quarter with Distribution, Transport, Hotels & Restaurants and Financial & Insurance activities both recording small declines of 0.2 per cent over the period.

Globalisation effects in Capital Investment and Imports

On the expenditure side of the accounts (Table 7), Capital formation increased by 182 per cent or €31.4 billion in Q2 2019 compared with the previous quarter and accounted for 58 per cent of domestic demand in Q2 2019. Imports increased by 43.0 per cent in Q2 2019 compared with Q1 2019.  These two impacts are largely offsetting and do not have a significant effect on the GDP growth rates reported.  Exports increased by 2.6 per cent which meant that overall net exports for the quarter were broadly in balance (a decline of -€30.1 billion quarter-on-quarter). Personal Consumption Expenditure increased by 0.8 per cent and accounted for 32 per cent of domestic demand in Q2 2019 (an unusually low percentage contribution to domestic demand but this decline is on foot of the significant increase in Capital Investment in the quarter). Government expenditure showed an increase of 1.0 per cent over the same period.

Total domestic demand increased by 54.1 per cent in Q2 2019 over Q1 2019. When combined with the -€30.1 billion decrease in net exports the result was an overall increase in real GDP in Q2 2019 of 0.7 per cent. Factor Income outflows were 6.9 per cent higher in Q2 2019 (€20,185m) compared with Q1 2019 (€18,877m) and consequently GNP declined by -2.8 per cent in the period. Modified Domestic Demand, an indicator of domestic demand that excludes the impact of trade in aircraft by aircraft leasing companies and trade in R&D service imports and intellectual property, decreased by 1.6 per cent in Q2 2019 over Q1 2019.

The calculation methods for quarterly accounts are similar to those used in the annual National Income and Expenditure. As some of the available sources are of lesser reliability than those used for the annual national accounts, the quarterly estimates are subject to a greater margin of error than the annual figures. These preliminary estimates will therefore be revised when the next detailed annual results are published.

Comparisons with Q2 2018

Initial estimates for the second quarter of 2019 indicate that there was an increase of 5.8 per cent in GDP in real terms in Q2 2019 compared with Q2 2018. Information & Communication made the most positive contribution to the Q2 result, rising by 32.4 per cent with Agriculture recording an increase of 16.2 per cent (but recalling the severe weather events that occurred in the Q1 2018 reference quarter that had consequential follow-on impact in the Q2 2018 reference quarter). Increases were also recorded in Construction (6.0 per cent), Financial and Insurance activities (5.3 per cent), Industry (excluding Construction) (4.9 per cent), Public Administration, Education and Health (4.0 per cent), Professional and Administrative Services (2.2 per cent), Real Estate activities (1.8 per cent) and Arts and Entertainment (0.4 per cent). The Distribution, Transport, Hotels and Restaurants sector was little changed year-on-year.

On the expenditure side there was a decrease in net exports of €32,170m during the quarter. Capital formation exhibited a year-on-year increase of 226.7 per cent while Personal Consumption Expenditure increased by 3.1 per cent in Q2 2019 compared with Q2 2018. Modified Domestic Demand increased by 0.4 per cent in Q2 2019 compared with Q2 2018.

Factor income outflows were 26.1 per cent higher than in the same quarter of 2018 resulting in an increase in GNP of 0.3 per cent year-on-year.

GDPGNP
2018 Q1-0.583701970879332-5.76845666236594
2018 Q21.830750406228222.1395990322421
2018 Q32.046724701064699.96438836635328
2018 Q40.468512901561908-8.13444944369678
2019 Q12.668299849341412.40329425737345
2019 Q20.682344931496189-2.77436922238688
Table 1 Gross Domestic Product by Nace Rev. 2 A10 Sector1 of Origin and Gross National Product at Constant Market Prices (Chain linked annually and referenced to year 2017)2€million
PeriodAgriculture Forestry and FishingIndustry (excl. Construction)of which ManufacturingConstructionDistribution, Transport, Hotels and RestaurantsInformation and CommunicationFinancial and Insurance ActivitiesReal Estate ActivitiesProfessional, Admin and Support ServicesPublic Admin, Education and HealthArts, Entertainment and Other ServicesGVA at Constant Basic PricesTaxes less Subsidies on ProductsGDP at Constant Market PricesNet Factor Income from Rest of WorldGNP at Constant Market Prices
20132,18044,35039,8345,25328,28618,99017,01915,55720,07427,6903,046178,89715,950195,040-31,089164,306
20142,74648,99644,0555,61230,05721,01217,54016,22322,60827,9603,181193,96617,534211,729-33,185178,946
20152,90788,81084,5095,98332,37324,07019,41716,22325,33628,8433,433246,06818,933265,005-61,468203,315
20163,21492,03987,6796,62734,03626,96219,66116,45126,86929,3103,888254,54020,204274,752-51,385223,408
20173,48498,72694,0647,51134,48231,55820,68616,71429,65730,3914,037276,19420,937297,131-62,251234,879
20182,977108,221103,1088,33636,76238,25921,16716,77931,51531,1704,065300,03121,375321,406-71,346250,060
                 
2013                
Q139911,55510,4291,0586,6354,4713,8523,7894,8306,70875742,2784,37446,753-7,76139,059
Q278911,75910,6771,1666,8754,5773,9503,8524,9306,95976845,0503,12748,144-8,95539,203
Q366310,8319,6021,4477,2854,9664,5293,9124,9626,99375746,1344,79051,035-7,93443,205
Q432710,2069,1271,5827,4914,9754,6894,0045,3527,02976545,4353,66049,108-6,43842,840
2014                
Q153612,30511,0841,2157,2054,6264,0513,9475,3996,78477646,0114,55750,655-8,34242,398
Q21,01913,39112,2591,3087,2975,3273,9984,0075,4847,03980048,6453,69752,341-8,91843,502
Q371311,99110,5641,5297,7225,7854,6704,0855,6987,03779949,9934,89154,974-8,62346,456
Q447811,30810,1481,5607,8335,2754,8214,1856,0287,09980649,3174,38953,759-7,30346,590
2015                
Q161224,59923,4861,2637,8625,9294,5814,0286,0656,93183460,4724,97165,471-16,27049,107
Q296521,08420,0011,3497,6785,4454,5583,9966,2267,21782659,3224,03963,316-11,54551,832
Q376520,95819,8521,6048,4646,7704,9524,0736,5107,28185763,2485,42468,721-17,98650,603
Q456522,16821,1701,7668,3685,9265,3254,1266,5357,41491663,0274,50067,497-15,66751,773
2016                
Q175522,95521,8451,2548,4606,1104,7174,0187,0087,05194360,1895,53365,727-11,29654,463
Q21,11321,30620,2201,5328,1215,8624,7704,0976,8987,36794560,6684,35265,020-11,81353,224
Q380919,68118,5881,9018,8727,8894,9804,1396,4097,36696963,0795,59968,683-14,79953,852
Q453728,09727,0261,9418,5837,1025,1944,1966,5557,5251,03070,6044,72075,322-13,47761,870
2017                
Q180023,77922,5271,5178,5207,4234,7134,0936,6047,16398962,9725,79068,770-15,11453,652
Q21,16022,44721,2871,6718,1516,7154,9234,1477,4077,5371,02165,6564,07369,722-16,49453,215
Q393724,59423,4082,0398,9468,8585,3914,2027,9667,79598072,4295,98178,414-14,28664,143
Q458727,90726,8422,2848,8648,5625,6594,2727,6807,8961,04775,1385,09280,225-16,35763,871
2018                
Q172225,89724,7371,7288,8908,5674,8054,1037,3617,5101,01271,3365,74377,078-16,75360,325
Q297726,93025,5791,8978,8808,3414,9594,1627,7847,68397072,7234,22976,951-16,66560,286
Q373727,87526,5672,3329,60011,4625,4984,2197,9657,9381,04677,8766,35784,233-16,89867,335
Q454027,51926,2252,3809,3929,8905,9044,2968,4058,0391,03778,0975,04783,144-21,03062,114
2019                
Q178527,96326,6381,8649,05311,1525,1654,2017,8477,5761,00076,5626,18882,750-18,80063,950
Q21,13528,26026,7852,0118,87811,0455,2204,2377,9527,98897576,8264,62581,450-21,01160,439
               
Percentage change on corresponding period of previous year
20133.3-3.2-4.29.31.610.5-6.92.811.20.92.01.14.11.4 5.8
201426.010.510.66.86.310.63.14.312.61.04.48.49.98.6 8.9
20155.981.391.86.67.714.610.7-0.012.13.27.926.98.025.2 13.6
201610.63.63.810.85.112.01.31.46.11.613.23.46.73.7 9.9
20178.47.37.313.31.317.05.21.610.43.73.88.53.68.1 5.1
2018-14.69.69.611.06.621.22.30.46.32.60.78.62.18.2 6.5
                 
2013                
Q1-42.6-5.6-6.11.0-1.2-1.7-8.52.08.60.62.1-2.14.0-1.6 3.7
Q2-21.1-4.0-5.08.00.411.3-4.62.811.71.02.9-0.63.0-0.3 0.8
Q374.0-3.3-6.014.74.019.4-5.53.211.51.1-0.54.82.54.5 9.2
Q4915.21.01.211.63.013.8-8.83.412.71.03.42.37.52.7 9.3
2014                
Q134.26.56.314.78.63.55.24.211.81.12.68.84.28.3 8.5
Q229.113.914.812.26.116.41.24.011.21.24.28.018.28.7 11.0
Q37.510.710.05.76.016.53.14.414.80.65.68.42.17.7 7.5
Q446.110.811.2-1.44.66.02.84.512.61.05.38.519.99.5 8.8
2015                
Q114.299.9111.94.09.128.213.12.112.32.27.531.49.129.2 15.8
Q2-5.357.463.23.25.22.214.0-0.313.52.53.221.99.321.0 19.2
Q37.374.887.94.99.617.06.0-0.314.23.57.326.510.925.0 8.9
Q418.296.0108.613.26.812.410.5-1.48.44.413.727.82.525.6 11.1
2016                
Q123.3-6.7-7.0-0.77.63.03.0-0.315.61.713.0-0.511.30.4 10.9
Q215.31.11.113.55.87.74.72.510.82.114.52.37.82.7 2.7
Q35.8-6.1-6.418.54.816.50.61.6-1.61.213.1-0.33.2-0.1 6.4
Q4-4.926.727.79.92.619.8-2.51.70.31.512.512.04.911.6 19.5
2017                
Q16.13.63.121.00.721.5-0.11.9-5.81.64.84.64.74.6 -1.5
Q24.25.45.39.10.414.63.21.27.42.38.08.2-6.47.2 -0.0
Q315.825.025.97.30.812.38.31.524.35.81.114.86.814.2 19.1
Q49.3-0.7-0.717.73.320.59.01.817.24.91.66.47.96.5 3.2
2018                
Q1-9.88.99.813.94.315.42.00.211.54.82.413.3-0.812.1 12.4
Q2-15.820.020.213.58.924.20.70.35.11.9-5.010.83.810.4 13.3
Q3-21.313.313.514.37.329.42.00.4-0.01.86.77.56.37.4 5.0
Q4-8.0-1.4-2.34.26.015.54.30.69.41.8-1.03.9-0.93.6 -2.8
2019                
Q18.88.07.77.91.830.27.52.46.60.9-1.27.37.87.4 6.0
Q216.24.94.76.0-0.032.45.31.82.24.00.45.69.45.8 0.3
1See Background Notes for detailed Nace A10 sector descriptions
2Chain linked series not additive
Table 2 Gross Domestic Product by Nace Rev. 2 A10 Sector1 of Origin and Gross National Product at Current Market Prices€million
PeriodAgriculture Forestry and FishingIndustry (excl. Construction)of which ManufacturingConstructionDistribution, Transport, Hotels and RestaurantsInformation and CommunicationFinancial and Insurance ActivitiesReal Estate ActivitiesProfessional, Admin and Support ServicesPublic Admin, Education and HealthArts, Entertainment and Other ServicesStatistical DiscrepancyGVA at Current Basic PricesTaxes less Subsidies on ProductsGDP at Current Market PricesNet Factor Income from Rest of WorldGNP at Current Market Prices
20131,95540,25735,2923,55028,16016,84312,91212,31617,56827,5673,436-821163,74515,917179,661-29,285150,376
20142,41943,73538,8364,50528,77619,01115,12813,46320,22027,7673,548-1,282177,29017,528194,818-31,407163,411
20152,35095,23690,8525,07830,60722,84617,02514,55624,74428,5323,515-528243,96218,871262,833-62,043200,790
20162,55594,48589,9405,94432,28924,27518,92616,00626,68029,2293,622-2,464251,54620,137271,684-51,082220,602
20173,48498,72694,0647,51134,48231,55820,68616,71429,65730,3914,037-1,052276,19420,937297,131-62,251234,879
20182,973110,657104,9588,57835,55636,76521,70019,27731,28931,9454,336-519302,55721,481324,038-70,988253,050
                  
2013                 
Q136310,4579,1607166,6323,8982,9192,9994,2366,683854-74939,0084,35443,362-7,44035,922
Q269810,6619,4398316,8484,1203,0073,0504,3106,927866-3741,2823,12844,410-8,40136,009
Q35909,7938,5499657,2424,3993,4403,0974,3446,95985340242,0844,78846,872-7,46739,405
Q43049,3468,1441,0387,4384,4263,5473,1704,6776,998863-43741,3703,64645,017-5,97739,040
2014                 
Q147111,0299,8199186,8744,2893,5073,2734,8246,735867-88541,9034,54046,443-7,82238,621
Q289912,03010,8621,1206,9964,7523,4753,3264,9006,990892-83844,5413,71048,251-8,39439,857
Q362810,6909,3071,1967,4105,2564,0173,3915,0956,9908927245,6374,90650,543-8,16342,379
Q44219,9858,8481,2727,4964,7154,1293,4735,4017,05289636945,2094,37249,582-7,02842,554
2015                 
Q149323,38922,2111,0897,4235,7344,0073,6115,9086,856855-92658,4384,92463,363-16,32047,042
Q279023,29822,2351,2897,2635,2483,9883,5876,0837,139845-61358,9174,03862,955-11,71151,244
Q361923,00621,9371,2858,0136,4314,3523,6566,3607,20387869962,5015,43167,932-18,12749,805
Q444825,54324,4691,4167,9095,4334,6783,7036,3947,33493731264,1074,47768,584-15,88452,700
2016                 
Q160122,49521,3321,1778,0255,5564,5313,9086,9567,029878-1,58259,5735,47565,048-11,28153,767
Q288521,63120,5111,5097,7015,2614,6123,9866,8297,347882-1,21259,4314,35863,789-11,61952,170
Q364222,27021,1581,5938,4037,1674,7944,0296,3777,349904-31163,2175,61268,830-14,72754,103
Q442728,08926,9391,6658,1596,2914,9894,0836,5177,50595864169,3244,69274,017-13,45660,561
2017                 
Q180023,65722,3941,6538,5507,1914,6734,0916,6207,166988-2,18163,2085,75968,967-15,41253,555
Q21,13321,30820,1521,8148,1356,6484,8944,1487,4167,5371,0221,59965,6554,08769,742-16,67153,071
Q393423,87922,7761,9148,9358,8005,4094,2037,9607,7929771,06571,8676,00677,873-14,20463,669
Q461829,88228,7422,1318,8618,9185,7104,2727,6617,8961,050-1,53675,4645,08580,549-15,96564,584
2018                 
Q172227,09525,6121,7858,5668,1004,9384,7107,3237,6951,0791,20373,2145,72778,940-16,97461,966
Q297725,27423,8862,1088,6048,0345,0904,7807,7297,8701,0341,10972,6094,24976,858-16,57860,280
Q373628,71427,3332,3099,31910,9895,6184,8517,9138,1371,116-1,53478,1696,43184,600-16,88367,717
Q453929,57428,1272,3769,0689,6426,0544,9378,3248,2431,106-1,29778,5655,07583,640-20,55463,086
2019                 
Q173927,99626,5302,0638,7289,5035,3865,0648,0627,7691,08596977,3646,22183,584-18,95364,631
Q21,04426,52625,1882,3878,60010,2685,5575,1508,4568,3751,08869478,1474,70382,850-20,86061,990
                
Percentage change on corresponding period of previous year
201313.80.20.130.28.88.9-12.46.212.21.36.3 2.44.62.6 7.6
201423.88.610.026.92.212.917.29.315.10.73.3 8.310.18.4 8.7
2015-2.9117.8133.912.76.420.212.58.122.42.8-0.9 37.67.734.9 22.9
20168.7-0.8-1.017.05.56.311.210.07.82.43.0 3.16.73.4 9.9
201736.44.54.626.46.830.09.34.411.24.011.4 9.84.09.4 6.5
2018-14.712.111.614.23.116.54.915.35.55.17.4 9.52.69.1 7.7
                  
2013                 
Q1-36.1-2.2-2.217.16.0-3.2-14.05.39.91.16.6 -0.74.9-0.2 5.5
Q2-14.3-1.2-1.533.37.79.4-10.16.112.91.47.4 1.63.51.7 3.4
Q389.70.1-0.940.011.419.8-10.76.612.31.53.7 4.82.84.6 10.0
Q41144.75.06.229.39.910.5-14.36.713.71.47.7 3.87.74.1 11.2
2014                 
Q129.75.57.228.13.610.020.19.113.90.81.6 7.44.37.1 7.5
Q228.812.815.134.72.215.315.69.113.70.93.0 7.918.68.6 10.7
Q36.49.28.923.92.319.516.89.517.30.54.6 8.42.57.8 7.5
Q438.56.88.622.50.86.516.49.615.50.83.9 9.319.910.1 9.0
2015                 
Q14.6112.1126.218.78.033.714.310.322.51.8-1.4 39.58.536.4 21.8
Q2-12.193.7104.715.13.810.514.87.824.12.1-5.3 32.38.930.5 28.6
Q3-1.5115.2135.77.48.122.48.37.824.83.0-1.6 37.010.734.4 17.5
Q46.5155.8176.511.45.515.213.36.618.44.04.5 41.82.438.3 23.8
2016                 
Q121.9-3.8-4.08.18.1-3.113.18.217.72.52.7 1.911.22.7 14.3
Q212.1-7.2-7.817.16.00.215.711.112.32.94.4 0.97.91.3 1.8
Q33.8-3.2-3.624.04.911.410.210.20.32.02.9 1.13.31.3 8.6
Q4-4.810.010.117.63.215.86.610.31.92.32.3 8.14.87.9 14.9
2017                 
Q133.15.25.040.56.529.43.14.7-4.81.912.5 6.15.26.0 -0.4
Q228.0-1.5-1.720.25.626.46.14.18.62.615.8 10.5-6.29.3 1.7
Q345.47.27.620.16.322.812.84.324.86.08.1 13.77.013.1 17.7
Q444.86.46.728.08.641.814.54.617.65.29.6 8.98.48.8 6.6
2018                 
Q1-9.814.514.48.00.212.65.715.110.67.49.2 15.8-0.614.5 15.7
Q2-13.818.618.516.25.820.84.015.24.24.41.2 10.64.010.2 13.6
Q3-21.220.220.020.74.324.93.915.4-0.64.414.3 8.87.18.6 6.4
Q4-12.7-1.0-2.111.52.38.16.015.68.64.45.3 4.1-0.23.8 -2.3
2019                 
Q12.43.33.615.61.917.39.17.510.11.00.5 5.78.65.9 4.3
Q26.85.05.513.2-0.027.89.27.89.46.45.2 7.610.77.8 2.8
1See Background Notes for detailed Nace A10 sector descriptions
Table 3 Expenditure on Gross National Product at Constant Market Prices (Chain linked annually and referenced to year 2017)1€million
PeriodPersonal Consumption of Goods and ServicesNet Exp. by Central and Local Government on Current Goods and ServicesGross Domestic Fixed Capital FormationValue of Physical Changes in StocksExports of Goods and ServicesImports of Goods and ServicesGDP at Constant Market PricesNet Factor Income from Rest of WorldGNP at Constant Market Prices
201388,78325,93136,677278198,168-160,926195,040-31,089164,306
201490,92827,07243,4462,888227,034-184,422211,729-33,185178,946
201593,79527,45366,2954,199316,164-245,583265,005-61,468203,315
201698,67328,44999,9714,822329,212-290,796274,752-51,385223,408
2017101,62929,55193,2146,059359,655-294,028297,131-62,251234,879
2018105,12630,86473,5871,158397,062-285,611321,406-71,346250,060
          
2013         
Q121,5146,2908,99936845,909-38,86346,753-7,76139,059
Q221,4666,2688,56033150,982-40,83848,144-8,95539,203
Q322,0426,7089,29238450,230-38,67251,035-7,93443,205
Q423,7616,6659,826-80551,047-42,55349,108-6,43842,840
2014         
Q121,8266,82610,3551,06651,068-42,15150,655-8,34242,398
Q222,0026,96510,04714057,235-45,74252,341-8,91843,502
Q322,5756,71911,11349358,943-45,53554,974-8,62346,456
Q424,5256,56311,9311,18859,788-50,99453,759-7,30346,590
2015         
Q122,6086,94412,75155173,891-53,92465,471-16,27049,107
Q222,5896,88014,48781276,781-58,62763,316-11,54551,832
Q323,3986,80215,0522,21480,972-59,40768,721-17,98650,603
Q425,2006,82824,00462284,520-73,62567,497-15,66751,773
2016         
Q124,2607,18119,86677278,658-68,30465,727-11,29654,463
Q223,6217,07425,22648681,181-73,70165,020-11,81353,224
Q324,3867,12623,84452882,579-69,33868,683-14,79953,852
Q426,4067,06831,0363,03786,794-79,45375,322-13,47761,870
2017         
Q124,7587,41213,174-11082,571-61,78068,770-15,11453,652
Q224,2347,32052,3042,18185,730-101,11569,722-16,49453,215
Q325,4267,41213,1423,74589,335-59,95878,414-14,28664,143
Q427,2117,40714,594244102,019-71,17680,225-16,35763,871
2018         
Q125,5327,62614,7982,35389,659-62,14877,078-16,75360,325
Q225,3237,68215,73312797,621-69,39676,951-16,66560,286
Q326,2917,86118,69515399,532-69,09584,233-16,89867,335
Q427,9807,69624,361-1,476110,250-84,97283,144-21,03062,114
2019         
Q126,1807,97315,6261,825102,516-71,41482,750-18,80063,950
Q226,1097,96151,394-944108,028-111,97381,450-21,01160,439
          
Percentage change on corresponding period of previous year 
2013-0.10.4-3.8 2.91.01.4 5.8
20142.44.418.5 14.614.68.6 8.9
20153.21.452.6 39.333.225.2 13.6
20165.23.650.8 4.118.43.7 9.9
20173.03.9-6.8 9.21.18.1 5.1
20183.44.4-21.1 10.4-2.98.2 6.5
          
2013         
Q1-0.2-4.5-4.3 -0.1-0.3-1.6 3.7
Q2-0.5-2.2-27.3 4.50.4-0.3 0.8
Q3-0.13.412.5 5.11.84.5 9.2
Q40.35.113.1 2.12.32.7 9.3
2014         
Q11.58.515.1 11.28.58.3 8.5
Q22.511.117.4 12.312.08.7 11.0
Q32.40.219.6 17.317.77.7 7.5
Q43.2-1.521.4 17.119.89.5 8.8
2015         
Q13.61.723.1 44.727.929.2 15.8
Q22.7-1.244.2 34.228.221.0 19.2
Q33.61.235.5 37.430.525.0 8.9
Q42.84.0101.2 41.444.425.6 11.1
2016         
Q17.33.455.8 6.526.70.4 10.9
Q24.62.874.1 5.725.72.7 2.7
Q34.24.858.4 2.016.7-0.1 6.4
Q44.83.529.3 2.77.911.6 19.5
2017         
Q12.13.2-33.7 5.0-9.64.6 -1.5
Q22.63.5107.3 5.637.27.2 -0.0
Q34.34.0-44.9 8.2-13.514.2 19.1
Q43.14.8-53.0 17.5-10.46.5 3.2
2018         
Q13.12.912.3 8.60.612.1 12.4
Q24.54.9-69.9 13.9-31.410.4 13.3
Q33.46.142.3 11.415.27.4 5.0
Q42.83.966.9 8.119.43.6 -2.8
2019         
Q12.54.55.6 14.314.97.4 6.0
Q23.13.6226.7 10.761.45.8 0.3
1Chain linked series not additive
Table 4 Expenditure on Gross National Product at Current Market Prices€million
PeriodPersonal Consumption of Goods and ServicesNet Exp. by Central and Local Government on Current Goods and ServicesGross Domestic Fixed Capital FormationValue of Physical Changes in StocksExports of Goods and ServicesImports of Goods and ServicesStatistical DiscrepancyGDP at Current Market PricesNet Factor Income from Rest of WorldGNP at Current Market Prices
201385,90825,46233,378304186,244-152,456821179,661-29,285150,376
201488,86526,16340,2313,091214,350-179,1641,282194,818-31,407163,411
201592,25626,78663,1384,448320,565-244,886528262,833-62,043200,790
201697,45827,76096,8024,847328,235-285,8822,464271,684-51,082220,602
2017101,62929,55193,2146,059359,655-294,0281,052297,131-62,251234,879
2018106,97732,11075,8561,187396,383-288,993519324,038-70,988253,050
           
2013          
Q120,7706,2338,10835443,951-36,80274943,362-7,44035,922
Q220,7516,3877,77938247,764-38,6903744,410-8,40136,009
Q321,4126,4608,43052247,209-36,759-40246,872-7,46739,405
Q422,9746,3829,061-95447,321-40,20543745,017-5,97739,040
2014          
Q121,1816,5209,5891,15047,722-40,60388546,443-7,82238,621
Q221,5216,6789,24812853,683-43,84683848,251-8,39439,857
Q322,1816,56510,18654755,610-44,474-7250,543-8,16342,379
Q423,9826,40011,2091,26757,334-50,241-36949,582-7,02842,554
2015          
Q122,0606,81311,97759174,441-53,44592663,363-16,32047,042
Q222,2386,71013,62889778,174-59,30461362,955-11,71151,244
Q323,1626,65014,1792,31581,927-59,603-69967,932-18,12749,805
Q424,7966,61323,35464586,023-72,534-31268,584-15,88452,700
2016          
Q123,8307,01319,15873978,730-66,0041,58265,048-11,28153,767
Q223,4326,90924,26241880,086-72,5311,21263,789-11,61952,170
Q324,1956,93722,87649082,459-68,43831168,830-14,72754,103
Q426,0016,90130,5073,19986,960-78,909-64174,017-13,45660,561
2017          
Q124,5527,42413,211-15084,294-62,5452,18168,967-15,41253,555
Q224,3297,32951,6272,25486,740-100,937-1,59969,742-16,67153,071
Q325,5047,39113,3053,81688,932-60,009-1,06577,873-14,20463,669
Q427,2447,40715,07014099,689-70,5371,53680,549-15,96564,584
2018          
Q125,6737,96915,1362,45691,086-62,178-1,20378,940-16,97461,966
Q225,8478,02116,16711597,399-69,581-1,10976,858-16,57860,280
Q326,9258,13919,2322399,777-71,0301,53484,600-16,88367,717
Q428,5337,98125,321-1,407108,122-86,2051,29783,640-20,55463,086
2019          
Q127,0728,42916,3891,736103,629-72,701-96983,584-18,95364,631
Q227,1478,37054,142-859107,648-112,904-69482,850-20,86061,990
           
Percentage change on corresponding period of previous year
20131.3-1.1-2.6 1.80.0 2.6 7.6
20143.42.820.5 15.117.5 8.4 8.7
20153.82.456.9 49.636.7 34.9 22.9
20165.63.653.3 2.416.7 3.4 9.9
20174.36.5-3.7 9.62.8 9.4 6.5
20185.38.7-18.6 10.2-1.7 9.1 7.7
           
2013          
Q11.6-5.0-3.9 -0.1-0.1 -0.2 5.5
Q20.6-0.0-26.6 4.4-1.0 1.7 3.4
Q31.1-0.113.4 2.10.8 4.6 10.0
Q41.70.916.2 0.60.5 4.1 11.2
2014          
Q12.04.618.3 8.610.3 7.1 7.5
Q23.74.618.9 12.413.3 8.6 10.7
Q33.61.620.8 17.821.0 7.8 7.5
Q44.40.323.7 21.225.0 10.1 9.0
2015          
Q14.14.524.9 56.031.6 36.4 21.8
Q23.30.547.4 45.635.3 30.5 28.6
Q34.41.339.2 47.334.0 34.4 17.5
Q43.43.3108.3 50.044.4 38.3 23.8
2016          
Q18.02.960.0 5.823.5 2.7 14.3
Q25.43.078.0 2.422.3 1.3 1.8
Q34.54.361.3 0.614.8 1.3 8.6
Q44.94.330.6 1.18.8 7.9 14.9
2017          
Q13.05.9-31.0 7.1-5.2 6.0 -0.4
Q23.86.1112.8 8.339.2 9.3 1.7
Q35.46.5-41.8 7.8-12.3 13.1 17.7
Q44.87.3-50.6 14.6-10.6 8.8 6.6
2018          
Q14.67.314.6 8.1-0.6 14.5 15.7
Q26.29.4-68.7 12.3-31.1 10.2 13.6
Q35.610.144.5 12.218.4 8.6 6.4
Q44.77.768.0 8.522.2 3.8 -2.3
2019          
Q15.55.88.3 13.816.9 5.9 4.3
Q25.04.4234.9 10.562.3 7.8 2.8
Table 5 Gross Domestic Product by Nace Rev. 2 A10 Sector1 of Origin and Gross National Product at Constant Market Prices (Chain linked annually and referenced to year 2017)2 - Seasonally Adjusted€million
PeriodAgriculture Forestry and FishingIndustry (excl. Construction)of which ManufacturingConstructionDistribution, Transport, Hotels and RestaurantsInformation and CommunicationFinancial and Insurance ActivitiesReal Estate ActivitiesProfessional, Admin and Support ServicesPublic Admin, Education and HealthArts, Entertainment and Other ServicesGVA at Constant Basic PricesTaxes less Subsidies on ProductsGDP at Constant Market PricesNet Factor Income from Rest of WorldGNP at Constant Market Prices
2013                
Q138810,9989,9111,2056,8434,4184,0713,8334,8416,87875343,2833,97547,368-7,46339,613
Q243711,23010,1111,2627,0074,8084,2053,8774,9786,91077044,4183,84748,361-8,44239,650
Q369711,26010,0501,3397,1494,7464,3563,9045,0256,96275745,5244,06949,777-7,69642,213
Q462110,9409,8261,3987,2935,0134,3613,9405,2346,94176645,5264,01549,370-7,44442,942
2014                
Q156011,66610,4911,4027,3764,5794,2793,9945,4156,97177247,0384,17151,295-8,14042,741
Q269413,02411,8331,4187,5015,6854,2614,0325,5146,99480248,4274,43852,965-8,41743,922
Q372712,48711,0961,4047,5245,4084,4924,0775,7607,00080449,1414,24853,529-8,25045,620
Q473911,86710,6641,3787,6795,3414,4864,1155,9196,99680149,1304,74753,717-8,35346,833
2015                
Q165923,32522,2211,4697,9805,8924,8404,0816,0997,13383061,7614,55866,259-16,11449,143
Q266520,89719,7221,4647,9645,9124,8404,0206,2357,18083059,7074,80064,662-11,07552,282
Q375721,86020,8911,4698,1886,1774,7784,0646,5647,23486662,0144,78266,815-17,51850,060
Q481522,72821,6831,5518,2446,0444,9574,0556,4297,29490362,2314,81466,912-16,72851,947
2016                
Q180921,87620,7891,4518,4406,0974,9914,0747,0847,27494061,5935,05566,632-11,23354,272
Q282621,49020,3531,6638,4656,4425,0364,1236,8887,34095661,5805,21066,865-11,26053,685
Q379220,53019,5421,7308,5417,0694,8264,1286,4407,30898061,7534,94966,718-14,36053,626
Q478726,97325,7671,7368,5457,2834,8254,1246,4477,3461,00869,1725,02774,168-14,52261,800
2017                
Q185023,84922,6261,7608,5517,4425,0004,1526,7137,44598664,5815,25269,839-15,08453,342
Q288322,86121,6941,8228,5027,4245,1794,1747,3877,5231,03967,0924,98872,121-15,88753,811
Q391424,54523,4051,8848,6667,8535,2354,1887,9847,68198870,6955,22375,957-13,90564,069
Q483826,40225,2092,0418,8228,8075,2484,1997,5367,6981,02073,3785,42778,811-17,35263,553
2018                
Q176726,18125,0392,0118,9598,6245,1094,1627,5237,8151,01273,2205,20378,351-16,80959,887
Q270327,53526,2162,0789,2339,2195,2134,1897,7637,67099074,5845,26179,786-15,91161,169
Q371827,80826,5232,1359,29910,1335,3424,2047,9637,8211,05375,7995,48481,419-16,64767,264
Q478826,98425,6412,0989,26210,1695,4634,2238,2317,8631,00776,3785,39881,800-21,97761,792
2019                
Q182927,27325,8942,2049,22911,2715,5044,2628,0467,8631,00178,4105,61083,983-18,87763,277
Q286128,82627,3992,2129,21012,1785,4934,2667,9407,97099778,9835,79884,556-20,18561,522
                 
Percentage change on previous quarter
2013                
Q14.50.10.4-4.6-2.90.8-14.90.64.7-0.11.3-2.95.4-1.7 1.3
Q212.72.12.04.82.48.83.31.12.80.52.22.6-3.22.1 0.1
Q359.60.3-0.66.12.0-1.33.60.70.90.8-1.62.55.82.9 6.5
Q4-10.8-2.8-2.24.42.05.60.10.94.1-0.31.20.0-1.3-0.8 1.7
2014                
Q1-9.96.66.80.31.1-8.7-1.91.43.50.40.83.33.93.9 -0.5
Q223.911.612.81.21.724.2-0.40.91.80.33.93.06.43.3 2.8
Q34.7-4.1-6.2-1.00.3-4.95.41.14.50.10.21.5-4.31.1 3.9
Q41.8-5.0-3.9-1.92.1-1.2-0.10.92.8-0.0-0.4-0.011.80.4 2.7
2015                
Q1-10.996.6108.46.63.910.37.9-0.83.01.93.725.7-4.023.3 4.9
Q21.0-10.4-11.2-0.4-0.20.3-0.0-1.52.20.7-0.0-3.35.3-2.4 6.4
Q313.94.65.90.42.84.5-1.31.15.30.74.33.9-0.43.3 -4.3
Q47.64.03.85.60.7-2.13.7-0.2-2.10.84.30.40.70.1 3.8
2016                
Q1-0.7-3.7-4.1-6.42.40.90.70.510.2-0.34.1-1.05.0-0.4 4.5
Q22.0-1.8-2.114.60.35.60.91.2-2.80.91.7-0.03.10.3 -1.1
Q3-4.1-4.5-4.04.00.99.7-4.20.1-6.5-0.42.50.3-5.0-0.2 -0.1
Q4-0.731.431.90.40.13.0-0.0-0.10.10.52.912.01.611.2 15.2
2017                
Q18.1-11.6-12.21.40.12.23.60.74.11.3-2.2-6.64.5-5.8 -13.7
Q23.8-4.1-4.13.5-0.6-0.23.60.510.01.05.33.9-5.03.3 0.9
Q33.67.47.93.41.95.81.10.38.12.1-4.95.44.75.3 19.1
Q4-8.47.67.78.31.812.20.20.3-5.60.23.23.83.93.8 -0.8
2018                
Q1-8.4-0.8-0.7-1.51.6-2.1-2.6-0.9-0.21.5-0.8-0.2-4.1-0.6 -5.8
Q2-8.45.24.73.33.16.92.00.73.2-1.9-2.11.91.11.8 2.1
Q32.11.01.22.80.79.92.50.32.62.06.31.64.22.0 10.0
Q49.8-3.0-3.3-1.7-0.40.42.30.53.40.5-4.40.8-1.60.5 -8.1
2019                
Q15.21.11.05.0-0.410.80.80.9-2.20.0-0.72.73.92.7 2.4
Q23.95.75.80.4-0.28.1-0.20.1-1.31.4-0.30.73.30.7 -2.8
1See Background Notes for detailed Nace A10 sector descriptions
2Chain linked series not additive
Table 6 Gross Domestic Product by Nace Rev. 2 A10 Sector1 of Origin and Gross National Product at Current Market Prices - Seasonally Adjusted€million
PeriodAgriculture Forestry and FishingIndustry (excl. Construction)of which ManufacturingConstructionDistribution, Transport, Hotels and RestaurantsInformation and CommunicationFinancial and Insurance ActivitiesReal Estate ActivitiesProfessional, Admin and Support ServicesPublic Admin, Education and HealthArts, Entertainment and Other ServicesGVA at Current Basic PricesTaxes less Subsidies on ProductsGDP at Current Market PricesNet Factor Income from Rest of WorldGNP at Current Market Prices
2013                
Q135710,0638,8208136,7473,9072,9862,9694,2036,86285939,7843,96743,755-7,14636,049
Q241210,2358,9878536,9684,2323,1483,0484,3366,87787140,8933,83744,837-7,97136,664
Q360910,1478,8929237,1344,1993,3623,1124,4126,91285241,5664,06045,781-7,19638,496
Q45499,6528,4419537,2984,5103,4193,1884,6296,91185341,2734,00645,048-6,94839,130
2014                
Q149710,6989,5291,0426,9664,2933,5923,2404,7856,92087442,7714,17146,957-7,59939,186
Q262611,74510,5341,1217,1894,9573,6423,3264,9126,94289644,5934,43949,072-7,95640,199
Q363311,0959,7001,1517,2364,9103,9253,4065,1606,94289444,9694,24949,323-7,78541,383
Q46449,9828,8571,1807,3894,8293,9743,4935,3666,95488544,6614,73649,201-8,07342,501
2015                
Q153822,89221,7481,2447,4815,7544,1133,5745,8797,05486159,6254,53864,140-16,11047,465
Q253223,33222,1721,2667,5345,5894,1713,5886,0767,09684959,7504,78264,564-11,28152,305
Q360723,78422,7581,2457,7615,8554,2613,6706,4157,14788161,5084,77266,212-17,67948,489
Q466624,77923,7171,3177,8285,5904,4913,7266,3627,21792362,6704,79867,596-16,97152,456
2016                
Q165322,16821,0371,3558,0705,6034,6383,8726,9747,25288360,7745,02965,841-11,12253,925
Q263122,30921,1261,4718,0225,7024,8113,9816,8027,30988860,9055,19865,909-11,09953,946
Q362422,84121,7401,5418,1036,3954,7094,0476,3977,27990662,1174,94067,010-14,31752,499
Q465026,55825,4011,5548,0806,4644,6844,1056,4827,37194567,4155,00872,631-14,55860,099
2017                
Q184823,50522,2901,9008,6237,3194,9164,0626,6917,41799264,3915,25069,760-15,25754,344
Q288122,53821,3401,7768,4657,2865,0964,1367,3737,5071,02967,6974,98572,435-16,08854,577
Q391124,22123,1021,8418,6077,7535,2304,2237,9497,69397870,4655,22875,722-13,86261,579
Q484627,85926,6921,9948,7549,1215,3394,2937,6027,7491,03973,3955,42878,924-17,03763,984
2018                
Q176727,02825,6222,0398,6948,3315,2104,6827,4597,9931,08274,4985,21379,753-16,88162,064
Q272427,23325,8112,0878,9168,8295,3004,7627,6807,8371,04274,9445,26280,049-15,85663,095
Q371628,83927,4092,1998,9829,6475,4404,8757,8708,0171,11676,4755,54082,185-16,66765,307
Q476627,40125,9492,2368,9419,7715,7434,9588,2448,0831,09776,7175,42981,970-21,58762,426
2019                
Q178428,01126,6382,3388,8959,9005,5935,0398,2538,0961,08778,5875,66784,379-18,88165,516
Q279128,82427,4642,3838,88811,2525,7925,1318,4078,3331,09680,5555,86186,354-20,06364,328
                 
Percentage change on previous quarter
2013                
Q118.77.08.212.11.8-3.5-25.3-0.73.80.68.2-0.55.70.4 2.5
Q215.31.71.94.93.38.35.42.73.20.21.32.8-3.32.5 1.7
Q347.9-0.9-1.18.22.4-0.86.82.11.70.5-2.11.65.82.1 5.0
Q4-9.8-4.9-5.13.32.37.41.72.44.9-0.00.1-0.7-1.3-1.6 1.6
2014                
Q1-9.510.812.99.4-4.6-4.85.11.63.40.12.43.64.14.2 0.1
Q226.09.810.57.63.215.51.42.72.70.32.64.36.44.5 2.6
Q31.0-5.5-7.92.60.6-1.07.82.45.1-0.0-0.30.8-4.30.5 2.9
Q41.8-10.0-8.72.62.1-1.61.22.64.00.2-1.0-0.711.5-0.2 2.7
2015                
Q1-16.4129.3145.55.41.319.13.52.39.61.4-2.733.5-4.230.4 11.7
Q2-1.21.91.91.70.7-2.91.40.43.40.6-1.40.25.40.7 10.2
Q314.11.92.6-1.73.04.82.22.35.60.73.72.9-0.22.6 -7.3
Q49.84.24.25.80.9-4.55.41.5-0.81.04.81.90.62.1 8.2
2016                
Q1-2.0-10.5-11.32.83.10.23.33.99.60.5-4.4-3.04.8-2.6 2.8
Q2-3.40.60.48.6-0.61.83.72.8-2.50.80.50.23.40.1 0.0
Q3-1.12.42.94.71.012.2-2.11.7-5.9-0.42.12.0-5.01.7 -2.7
Q44.216.316.80.8-0.31.1-0.51.41.31.34.38.51.48.4 14.5
2017                
Q130.4-11.5-12.222.36.713.25.0-1.03.20.64.9-4.54.8-4.0 -9.6
Q24.0-4.1-4.3-6.5-1.8-0.53.71.810.21.23.85.1-5.13.8 0.4
Q33.47.58.33.61.76.42.62.17.82.5-5.04.14.94.5 12.8
Q4-7.215.015.58.31.717.62.11.6-4.40.76.24.23.84.2 3.9
2018                
Q1-9.3-3.0-4.02.3-0.7-8.7-2.49.1-1.93.24.21.5-4.01.1 -3.0
Q2-5.60.80.72.42.66.01.71.73.0-2.0-3.70.60.90.4 1.7
Q3-1.15.96.25.40.79.32.62.42.52.37.12.05.32.7 3.5
Q47.0-5.0-5.31.7-0.51.35.61.74.80.8-1.70.3-2.0-0.3 -4.4
2019                
Q12.42.22.74.6-0.51.3-2.61.60.10.2-0.92.44.42.9 4.9
Q20.92.93.11.9-0.113.73.51.81.92.90.92.53.42.3 -1.8
1See Background Notes for detailed Nace A10 sector descriptions
Table 7 Expenditure on Gross National Product at Constant Market Prices (Chain linked annually and referenced to year 2017)1 - Seasonally Adjusted€million
PeriodPersonal Consumption of Goods and ServicesNet Exp. by Central and Local Government on Current Goods and ServicesGross Domestic Fixed Capital FormationValue of Physical Changes in StocksExports of Goods and ServicesImports of Goods and ServicesGDP at Constant Market PricesNet Factor Income from Rest of WorldGNP at Constant Market Prices
2013         
Q121,9976,2729,03021847,442-39,72547,368-7,46339,613
Q222,1566,2628,11729150,196-40,17548,361-8,44239,650
Q322,2936,7089,8929850,127-40,56749,777-7,69642,213
Q422,3636,7339,638-29550,135-40,35949,370-7,44442,942
2014         
Q122,4246,76410,42090152,836-43,18151,295-8,14042,741
Q222,6416,9339,7594156,726-45,03852,965-8,41743,922
Q322,8086,73611,62625358,729-47,89253,529-8,25045,620
Q423,1016,67111,5371,70758,355-48,04853,717-8,35346,833
2015         
Q123,1416,84112,95737876,496-55,46166,259-16,11449,143
Q223,3316,84814,30368376,589-57,79464,662-11,07552,282
Q323,6136,82815,5892,01380,735-62,60366,815-17,51850,060
Q423,7656,94522,8321,12781,909-68,81066,912-16,72851,947
2016         
Q124,4597,06020,54259281,372-70,786 66,632-11,233 54,272
Q224,4627,06424,94634181,503-72,645 66,865-11,260 53,685
Q324,5797,13224,67836582,548-73,119 66,718-14,360 53,626
Q424,9917,18729,0063,55083,436-73,604 74,168-14,522 61,800
2017         
Q125,2847,29814,015-366 85,457-64,787 69,839-15,084 53,342
Q225,0067,32650,8552,10086,396-99,401 72,121-15,887 53,811
Q325,6177,39113,7203,57989,656-63,149 75,957-13,905 64,069
Q425,7957,52113,47077297,374-65,558 78,811-17,352 63,553
2018         
Q125,9477,53516,1062,02492,861-65,906 78,351-16,809 59,887
Q226,2257,69615,05810598,585-67,981 79,786-15,911 61,169
Q326,4627,80819,635-18 100,203-72,633 81,419-16,647 67,264
Q426,5477,81822,353-915 104,737-78,003 81,800-21,977 61,792
2019         
Q126,7167,89617,2681,403106,307-76,418 83,983-18,877 63,277
Q226,9197,97848,690-893 109,108-109,301 84,556-20,185 61,522
          
Percentage change on previous quarter
2013         
Q1-1.6-1.34.9 -3.90.2-1.7 1.3
Q20.7-0.2-10.1 5.81.12.1 0.1
Q30.67.121.9 -0.11.02.9 6.5
Q40.30.4-2.6 0.0-0.5-0.8 1.7
2014         
Q10.30.58.1 5.47.03.9 -0.5
Q21.02.5-6.3 7.44.33.3 2.8
Q30.7-2.819.1 3.56.31.1 3.9
Q41.3-1.0-0.8 -0.60.30.4 2.7
2015         
Q10.22.612.3 31.115.423.3 4.9
Q20.80.110.4 0.14.2-2.4 6.4
Q31.2-0.39.0 5.48.33.3 -4.3
Q40.61.746.5 1.59.90.1 3.8
2016         
Q12.91.7-10.0 -0.72.9-0.4 4.5
Q20.00.121.4 0.22.60.3 -1.1
Q30.51.0-1.1 1.30.7-0.2 -0.1
Q41.70.817.5 1.10.711.2 15.2
2017         
Q11.21.5-51.7 2.4-12.0-5.8 -13.7
Q2-1.10.4262.9 1.153.43.3 0.9
Q32.40.9-73.0 3.8-36.55.3 19.1
Q40.71.8-1.8 8.63.83.8 -0.8
2018         
Q10.60.219.6 -4.60.5-0.6 -5.8
Q21.12.1-6.5 6.23.11.8 2.1
Q30.91.430.4 1.66.82.0 10.0
Q40.30.113.8 4.57.40.5 -8.1
2019         
Q10.61.0-22.7 1.5-2.02.7 2.4
Q20.81.0182.0 2.643.00.7 -2.8
1Chain linked series not additive
Table 8 Expenditure on Gross National Product at Current Market Prices - Seasonally Adjusted€million
PeriodPersonal Consumption of Goods and ServicesNet Exp. by Central and Local Government on Current Goods and ServicesGross Domestic Fixed Capital FormationValue of Physical Changes in StocksExports of Goods and ServicesImports of Goods and ServicesGDP at Current Market PricesNet Factor Income from Rest of WorldGNP at Current Market Prices
2013         
Q121,3386,2377,98318645,190-37,70243,755-7,14636,049
Q221,3246,3667,69633447,432-38,12044,837-7,97136,664
Q321,5666,4288,9219546,877-38,51445,781-7,19638,496
Q421,6456,4708,645-27246,517-37,95945,048-6,94839,130
2014         
Q121,7706,4859,56797449,182-41,78446,957-7,59939,186
Q222,1416,6279,206453,559-43,31349,072-7,95640,199
Q322,3196,55610,65614455,216-46,65949,323-7,78541,383
Q422,6136,53510,5702,01056,015-46,96949,201-8,07342,501
2015         
Q122,6306,71712,24839276,798-55,42664,140-16,11047,465
Q222,9146,65613,46071478,309-58,75264,564-11,28152,305
Q323,2866,66514,7171,94481,527-62,49666,212-17,67948,489
Q423,4286,77621,8721,44183,534-67,07167,596-16,97152,456
2016         
Q124,3806,86819,75550181,156-69,26365,841-11,12253,925
Q224,1716,86923,41218780,542-71,98465,909-11,09953,946
Q324,2946,95923,67516082,334-71,50467,010-14,31752,499
Q424,6367,07929,7404,07783,976-72,32272,631-14,55860,099
2017         
Q125,0587,25013,904-52286,803-66,54069,760-15,25754,344
Q225,1197,30348,0702,06087,439-100,12472,435-16,08854,577
Q325,5557,40814,3723,50489,102-62,41775,722-13,86261,579
Q425,8897,59214,7641,08495,931-64,24278,924-17,03763,984
2018         
Q126,1817,79316,4751,96593,651-67,01579,753-16,88162,064
Q226,6647,99914,576-4198,320-68,89380,049-15,85663,095
Q326,9478,14220,749-277100,198-73,52882,185-16,66765,307
Q427,1728,17623,958-386103,876-78,33281,970-21,58762,426
2019         
Q127,6018,25719,0851,107106,494-79,00984,379-18,88165,516
Q227,9858,34847,703-951108,618-111,57586,354-20,06364,328
          
Percentage change on previous quarter
2013         
Q10.2-1.86.5 -2.8-0.90.4 2.5
Q2-0.12.1-3.6 5.01.12.5 1.7
Q31.11.015.9 -1.21.02.1 5.0
Q40.40.7-3.1 -0.8-1.4-1.6 1.6
2014         
Q10.60.210.7 5.710.14.2 0.1
Q21.72.2-3.8 8.93.74.5 2.6
Q30.8-1.115.8 3.17.70.5 2.9
Q41.3-0.3-0.8 1.40.7-0.2 2.7
2015         
Q10.12.815.9 37.118.030.4 11.7
Q21.3-0.99.9 2.06.00.7 10.2
Q31.60.19.3 4.16.42.6 -7.3
Q40.61.748.6 2.57.32.1 8.2
2016         
Q14.11.4-9.7 -2.83.3-2.6 2.8
Q2-0.90.018.5 -0.83.90.1 0.0
Q30.51.31.1 2.2-0.71.7 -2.7
Q41.41.725.6 2.01.18.4 14.5
2017         
Q11.72.4-53.2 3.4-8.0-4.0 -9.6
Q20.20.7245.7 0.750.53.8 0.4
Q31.71.4-70.1 1.9-37.74.5 12.8
Q41.32.52.7 7.72.94.2 3.9
2018         
Q11.12.711.6 -2.44.31.1 -3.0
Q21.82.6-11.5 5.02.80.4 1.7
Q31.11.842.3 1.96.72.7 3.5
Q40.80.415.5 3.76.5-0.3 -4.4
2019         
Q11.61.0-20.3  2.50.92.9 4.9
Q21.41.1149.9 2.041.22.3 -1.8
Annex 1A Trade Summary: Quarterly Breakdown of Trade into Goods/Services at Current and Constant Prices1
 TRADE AT CURRENT PRICES TRADE AT CONSTANT PRICES
 Exports  Imports   Exports  Imports €million
PeriodTotalGoodsServicesTotalGoodsServices TotalGoodsServicesTotalGoodsServices
2013             
Q143,95124,13719,81336,80216,41120,391 45,90924,68221,11238,86317,09121,520
Q247,76425,81121,95238,69016,17322,517 50,98227,13723,73640,83816,76823,879
Q347,20925,11622,09336,75915,30121,459 50,23026,43823,70638,67215,86722,624
Q447,32123,66823,65340,20516,34223,863 51,04725,13225,94542,55317,06925,310
 186,24498,73387,512152,45664,22688,229 198,168103,38994,499160,92666,79593,333
2014             
Q147,72226,18721,53540,60317,24823,354 51,06828,27822,66742,15117,28224,664
Q253,68328,90224,78243,84617,61626,230 57,23530,56726,56545,74217,94027,593
Q355,61029,27226,33844,47418,28726,187 58,94330,63828,22545,53517,87627,451
Q457,33430,10027,23450,24120,57929,662 59,78830,76428,95350,99419,80630,959
 214,350114,46099,889179,16473,730105,434 227,034120,247106,410184,42272,903110,666
2015             
Q174,44147,46526,97653,44520,67532,770 73,89146,18227,48853,92420,24233,499
Q278,17448,15030,02459,30421,25638,048 76,78145,25931,33058,62719,88338,676
Q381,92750,89031,03759,60321,13438,468 80,97248,99531,75659,40720,19939,136
Q486,02353,82232,20172,53423,86848,667 84,52050,95333,33973,62524,08349,511
 320,565200,327120,238244,88686,933157,953 316,164191,390123,913245,58384,408160,820
2016             
Q178,73048,49530,23566,00421,20544,798 78,65848,62929,73668,30422,87345,361
Q280,08647,64832,43972,53123,20749,324 81,18147,61133,47073,70123,65050,026
Q382,45946,89935,56168,43820,58447,854 82,57946,52136,10669,33821,11548,255
Q486,96050,11836,84178,90922,07656,833 86,79448,68938,17179,45322,47557,098
 328,235193,160135,076285,88287,072198,810 329,212191,450137,483290,79690,113200,741
2017             
Q184,29447,90136,39362,54522,71439,831 82,57146,50136,04161,78022,24639,622
Q286,74047,32339,417100,93722,77778,160 85,73046,12139,637101,11522,99077,942
Q388,93248,97739,95560,00920,31439,695 89,33549,28240,04959,95820,37539,639
Q499,68953,62346,06670,53722,90047,637 102,01955,92046,10571,17623,09648,120
 359,655197,824161,831294,02888,706205,322 359,655197,824161,831294,02888,706205,322
2018             
Q191,08651,39039,69662,17822,33139,847 89,65952,42837,23162,14822,59739,551
Q297,39953,69843,70169,58124,89444,687 97,62155,53942,08269,39624,89644,500
Q399,77753,77346,00471,03025,55345,476 99,53255,46744,06569,09523,96845,127
Q4108,12257,44650,67686,20530,56855,637 110,25061,38848,86384,97229,37455,598
 396,383216,307180,076288,993103,347185,647 397,062224,822172,241285,611100,835184,776
2019             
Q1103,62957,14546,48472,70124,99447,708 102,51660,64641,87071,41424,40747,008
Q2107,64854,97152,678112,90426,81486,090 108,02858,95849,070111,97327,84284,131
              
Percentage change on corresponding period of previous year
2013             
Q1-0.1-5.06.6-0.1-0.1-0.0 -0.1-4.66.2-0.31.1-1.3
Q24.40.88.9-1.0-1.0-1.1 4.52.76.80.44.1-2.2
Q32.1-0.65.40.80.70.8 5.15.34.81.83.20.7
Q40.6-7.510.30.5-4.03.8 2.1-4.710.12.31.03.1
2014             
Q18.68.58.710.35.114.5 11.214.67.48.51.114.6
Q212.412.012.913.38.916.5 12.312.611.912.07.015.6
Q317.816.519.221.019.522.0 17.315.919.117.712.721.3
Q421.227.215.125.025.924.3 17.122.411.619.816.022.3
2015             
Q156.081.325.331.619.940.3 44.763.321.327.917.135.8
Q245.666.621.235.320.745.1 34.248.117.928.210.840.2
Q347.373.917.834.015.646.9 37.459.912.530.513.042.6
Q450.078.818.244.416.064.1 41.465.615.144.421.659.9
2016             
Q15.82.212.123.52.636.7 6.55.38.226.713.035.4
Q22.4-1.08.022.39.229.6 5.75.26.825.718.929.3
Q30.6-7.814.614.8-2.624.4 2.0-5.013.716.74.523.3
Q41.1-6.914.48.8-7.516.8 2.7-4.414.57.9-6.715.3
2017             
Q17.1-1.220.4-5.27.1-11.1 5.0-4.421.2-9.6-2.7-12.7
Q28.3-0.721.539.2-1.958.5 5.6-3.118.437.2-2.855.8
Q37.84.412.4-12.3-1.3-17.1 8.25.910.9-13.5-3.5-17.9
Q414.67.025.0-10.63.7-16.2 17.514.920.8-10.42.8-15.7
2018             
Q18.17.39.1-0.6-1.70.0 8.612.73.30.61.6-0.2
Q212.313.510.9-31.19.3-42.8 13.920.46.2-31.48.3-42.9
Q312.29.815.118.425.814.6 11.412.510.015.217.613.8
Q48.57.110.022.233.516.8 8.19.86.019.427.215.5 
2019              
Q113.811.217.116.911.919.7 14.315.712.514.98.018.9 
Q210.52.420.562.37.792.7 10.76.216.661.411.889.1 
1Chain linked series not additive 
Annex 1B Seasonally Adjusted (SA) Trade Summary: Quarterly Breakdown of Trade into Goods/Services at SA Current and SA Constant Prices1
 TRADE AT CURRENT PRICES TRADE AT CONSTANT PRICES
 Exports  Imports   Exports  Imports €million
PeriodTotalGoodsServicesTotalGoodsServices TotalGoodsServicesTotalGoodsServices
2013             
Q145,19024,82920,99037,70216,18821,512 47,44224,70622,84939,72516,88522,660
Q247,43225,11821,67738,12016,06422,131 50,19626,72123,28240,17516,61523,314
Q346,87725,14921,81238,51416,03722,264 50,12726,51123,48040,56716,64223,584
Q446,51723,50322,93137,95915,82622,249 50,13525,33624,65740,35916,54423,761
 186,01698,59887,410152,29564,11588,156 197,900103,27494,268160,82666,68793,320
2014             
Q149,18226,37622,82241,78417,06924,668 52,83628,26724,68843,18117,16125,889
Q253,55928,95424,54343,31317,56125,775 56,72630,38326,16845,03817,74026,934
Q355,21629,39225,95246,65919,13127,311 58,72930,77727,77747,89218,77828,799
Q456,01529,58426,37046,96919,80527,472 58,35530,64227,54648,04819,07528,890
 213,972114,30699,686178,72573,567105,226 226,645120,069106,179184,15972,753110,513
2015             
Q176,79847,79728,56155,42620,59634,687 76,49646,22829,87355,46120,28535,124
Q278,30948,58029,85458,75221,21137,449 76,58945,35231,01357,79419,57137,887
Q381,52751,30130,55862,49622,09240,209 80,73549,40031,26862,60321,25941,328
Q483,53452,41031,11467,07122,77544,799 81,90950,10531,55568,81023,04045,635
 320,168200,088120,086243,74586,674157,145 315,729191,085123,709244,66884,155159,975
2016             
Q181,15649,80131,96769,26320,96647,639 81,37248,68132,29170,78622,76347,798
Q280,54247,41232,33371,98423,14248,581 81,50348,19033,33672,64523,13849,262
Q382,33447,38735,15971,50421,50950,017 82,54846,97735,58873,11922,28250,911
Q483,97648,51035,34072,32221,35052,024 83,43647,38735,86573,60421,86752,125
 328,007193,110134,799285,07386,968198,261 328,858191,235137,079290,15590,050200,096
2017             
Q186,80347,95138,52766,54022,57742,739 85,45746,60239,23064,78722,21742,258
Q287,43948,44039,387100,12422,70676,805 86,39646,92939,55999,40122,40076,763
Q389,10249,59039,63062,41721,68241,370 89,65649,95939,74663,14922,01341,587
Q495,93151,72643,89964,24221,99443,510 97,37453,96342,71265,55822,40743,634
 359,276197,707161,444293,32388,958204,423 358,884197,453161,247292,89589,036204,241
2018             
Q193,65152,43442,12367,01522,37843,177 92,86152,58540,91165,90622,68142,994
Q298,32053,95943,67668,89324,81043,703 98,58556,72841,99867,98124,20543,578
Q3100,19854,50145,85573,52827,24147,276 100,20356,29143,86372,63325,89946,884
Q4103,87655,37547,92078,33228,58850,777 104,73759,04344,88778,00327,80750,453
 396,045216,269179,574287,769103,016184,932 396,387224,646171,660284,523100,592183,908
2019             
Q1106,49456,93449,54079,00925,73452,122 106,30760,86946,37276,41825,12651,978
Q2108,61856,50052,617111,57526,74283,824 109,10860,22148,860109,30127,06381,602
              
Percentage change on previous quarter
2013             
Q1-2.8-3.21.1-0.9-2.3-0.0 -3.9-7.81.50.22.8-1.6
Q25.01.23.31.1-0.82.9 5.88.21.91.1-1.62.9
Q3-1.20.10.61.0-0.20.6 -0.1-0.80.81.00.21.2
Q4-0.8-6.55.1-1.4-1.3-0.1 0.0-4.45.0-0.5-0.60.7
2014             
Q15.712.2-0.510.17.910.9 5.411.60.17.03.79.0
Q28.99.87.53.72.94.5 7.47.56.04.33.44.0
Q33.11.55.77.78.96.0 3.51.36.16.35.96.9
Q41.40.71.60.73.50.6 -0.6-0.4-0.80.31.60.3
2015             
Q137.161.68.318.04.026.3 31.150.98.415.46.321.6
Q22.01.64.56.03.08.0 0.1-1.93.84.2-3.57.9
Q34.15.62.46.44.27.4 5.48.90.88.38.69.1
Q42.52.21.87.33.111.4 1.51.40.99.98.410.4
2016             
Q1-2.8-5.02.73.3-7.96.3 -0.7-2.82.32.9-1.24.7
Q2-0.8-4.81.13.910.42.0 0.2-1.03.22.61.63.1
Q32.2-0.18.7-0.7-7.13.0 1.3-2.56.80.7-3.73.3
Q42.02.40.51.1-0.74.0 1.10.90.80.7-1.92.4
2017             
Q13.4-1.29.0-8.05.7-17.8 2.4-1.79.4-12.01.6-18.9
Q20.71.02.250.50.679.7 1.10.70.853.40.881.7
Q31.92.40.6-37.7-4.5-46.1 3.86.50.5-36.5-1.7-45.8
Q47.74.310.82.91.45.2 8.68.07.53.81.84.9
2018             
Q1-2.41.4-4.04.31.7-0.8 -4.6-2.6-4.20.51.2-1.5
Q25.02.93.72.810.91.2 6.27.92.73.16.71.4
Q31.91.05.06.79.88.2 1.6-0.84.46.87.07.6
Q43.71.64.56.54.97.4 4.54.92.37.47.47.6
2019             
Q12.52.83.40.9-10.02.6 1.53.13.3-2.0-9.63.0
Q22.0-0.86.241.23.960.8 2.6-1.15.443.07.757.0
1Chain linked series not additive
Annex 2A Total Domestic Demand at Current Market Prices & Constant Prices (Chain linked annually and referenced to year 2017)1 - Non-Seasonally Adjusted€million
 CURRENT MARKET PRICES CONSTANT MARKET PRICES
PeriodPersonal Consumption of Goods and ServicesNet Exp. by Central and Local Government on Current Goods and ServicesGross Domestic Fixed Capital FormationFinal Domestic DemandValue of Physical Changes in StocksTotal Domestic Demand Personal Consumption of Goods and ServicesNet Exp. by Central and Local Government on Current Goods and ServicesGross Domestic Fixed Capital FormationFinal Domestic DemandValue of Physical Changes in StocksTotal Domestic Demand
201385,90825,46233,378144,748304145,052 88,78325,93136,677152,630278152,455
201488,86526,16340,231155,2603,091158,351 90,92827,07243,446162,4952,888165,287
201592,25626,78663,138182,1794,448186,627 93,79527,45366,295187,9574,199192,146
201697,45827,76096,802222,0194,847226,866 98,67328,44999,971226,9994,822231,786
2017101,62929,55193,214224,3936,059230,452 101,62929,55193,214224,3936,059230,452
2018106,97732,11075,856214,9421,187216,129 105,12630,86473,587209,5771,158210,736
              
2013             
Q120,7706,2338,10835,11135435,465 21,5146,2908,99937,09936837,475
Q220,7516,3877,77934,91738235,299 21,4666,2688,56036,60733136,933
Q321,4126,4608,43036,30252236,824 22,0426,7089,29238,35738438,750
Q422,9746,3829,06138,418-95437,464 23,7616,6659,82640,567-80539,297
 85,90825,46233,378144,748304145,052 88,78325,93136,677152,630278152,455
2014             
Q121,1816,5209,58937,2901,15038,439 21,8266,82610,35539,2731,06640,371
Q221,5216,6789,24837,44712837,575 22,0026,96510,04739,30114039,334
Q322,1816,56510,18638,93154739,478 22,5756,71911,11340,65449341,089
Q423,9826,40011,20941,5911,26742,858 24,5256,56311,93143,2671,18844,493
 88,86526,16340,231155,2603,091158,351 90,92827,07243,446162,4952,888165,287
2015             
Q122,0606,81311,97740,85059141,441 22,6086,94412,75142,50655143,008
Q222,2386,71013,62842,57689743,473 22,5896,88014,48744,10581244,894
Q323,1626,65014,17943,9922,31546,307 23,3986,80215,05245,4012,21447,754
Q424,7966,61323,35454,76264555,407 25,2006,82824,00455,94662256,490
 92,25626,78663,138182,1794,448186,627 93,79527,45366,295187,9574,199192,146
2016             
Q123,8307,01319,15850,00073950,740 24,2607,18119,86651,36777252,102
Q223,4326,90924,26254,60341855,021 23,6217,07425,22655,87848656,292
Q324,1956,93722,87654,00849054,497 24,3867,12623,84455,34852855,808
Q426,0016,90130,50763,4083,19966,608 26,4067,06831,03664,4063,03767,584
 97,45827,76096,802222,0194,847226,866 98,67328,44999,971226,9994,822231,786
2017             
Q124,5527,42413,21145,187-15045,037 24,7587,41213,17445,438-11045,292
Q224,3297,32951,62783,2842,25485,538 24,2347,32052,30483,5572,18185,736
Q325,5047,39113,30546,2003,81650,016 25,4267,41213,14246,0813,74549,893
Q427,2447,40715,07049,72114049,861 27,2117,40714,59449,31724449,531
 101,62929,55193,214224,3936,059230,452 101,62929,55193,214224,3936,059230,452
2018             
Q125,6737,96915,13648,7782,45651,235 25,5327,62614,79847,9562,35350,309
Q225,8478,02116,16750,03411550,149 25,3237,68215,73348,73912748,866
Q326,9258,13919,23254,2962354,319 26,2917,86118,69552,84615353,000
Q428,5337,98125,32161,834-1,40760,427 27,9807,69624,36160,036-1,47658,561
 106,97732,11075,856214,9421,187216,129 105,12630,86473,587209,5771,158210,736
2019             
Q127,0728,42916,38951,8901,73653,626 26,1807,97315,62649,7791,82551,604
Q227,1478,37054,14289,658-85988,799 26,1097,96151,39485,464-94484,521
              
Percentage change on corresponding period of previous year
20131.3-1.1-2.6-0.1 -0.7 -0.10.4-3.8-0.9 -1.4
20143.42.820.57.3 9.2 2.44.418.56.5 8.4
20153.82.456.917.3 17.9 3.21.452.615.7 16.3
20165.63.653.321.9 21.6 5.23.650.820.8 20.6
20174.36.5-3.71.1 1.6 3.03.9-6.8-1.1 -0.6
20185.38.7-18.6-4.2 -6.2 3.44.4-21.1-6.6 -8.6
              
2013             
Q11.6-5.0-3.9-0.9 -1.2 -0.2-4.5-4.3-2.0 -2.0
Q20.6-0.0-26.6-7.2 -6.0 -0.5-2.2-27.3-8.2 -6.9
Q31.1-0.113.43.5 2.5 -0.13.412.53.1 2.1
Q41.70.916.24.6 2.4 0.35.113.13.8 1.1
2014             
Q12.04.618.36.2 8.4 1.58.515.15.9 7.7
Q23.74.618.97.2 6.4 2.511.117.47.4 6.5
Q33.61.620.87.2 7.2 2.40.219.66.0 6.0
Q44.40.323.78.3 14.4 3.2-1.521.46.7 13.2
2015             
Q14.14.524.99.5 7.8 3.61.723.18.2 6.5
Q23.30.547.413.7 15.7 2.7-1.244.212.2 14.1
Q34.41.339.213.0 17.3 3.61.235.511.7 16.2
Q43.43.3108.331.7 29.3 2.84.0101.229.3 27.0
2016             
Q18.02.960.022.4 22.4 7.33.455.820.8 21.1
Q25.43.078.028.2 26.6 4.62.874.126.7 25.4
Q34.54.361.322.8 17.7 4.24.858.421.9 16.9
Q44.94.330.615.8 20.2 4.83.529.315.1 19.6
2017             
Q13.05.9-31.0-9.6 -11.2 2.13.2-33.7-11.5 -13.1
Q23.86.1112.852.5 55.5 2.63.5107.349.5 52.3
Q35.46.5-41.8-14.5 -8.2 4.34.0-44.9-16.7 -10.6
Q44.87.3-50.6-21.6 -25.1 3.14.8-53.0-23.4 -26.7
2018             
Q14.67.314.67.9 13.8 3.12.912.35.5 11.1
Q26.29.4-68.7-39.9 -41.4 4.54.9-69.9-41.7 -43.0
Q35.610.144.517.5 8.6 3.46.142.314.7 6.2
Q44.77.768.024.4 21.2 2.83.966.921.7 18.2
2019             
Q15.55.88.36.4 4.7 2.54.55.63.8 2.6
Q25.04.4234.979.2 77.1 3.13.6226.775.4 73.0
1Chain linked series not additive
Annex 2B Total Domestic Demand at Current Market Prices & Constant Prices (Chain linked annually and referenced to year 2017)1 - Seasonally Adjusted€million
 CURRENT MARKET PRICES CONSTANT MARKET PRICES
PeriodPersonal Consumption of Goods and ServicesNet Exp. by Central and Local Government on Current Goods and ServicesGross Domestic Fixed Capital FormationFinal Domestic DemandValue of Physical Changes in StocksTotal Domestic Demand Personal Consumption of Goods and ServicesNet Exp. by Central and Local Government on Current Goods and ServicesGross Domestic Fixed Capital FormationFinal Domestic DemandValue of Physical Changes in StocksTotal Domestic Demand
2013             
Q121,3386,2377,98335,63518635,908 21,9976,2729,03037,67221837,846
Q221,3246,3667,69635,04533436,086 22,1566,2628,11736,69129137,371
Q321,5666,4288,92137,3119537,124 22,2936,7089,89239,2319839,538
Q421,6456,4708,64536,635-27235,640 22,3636,7339,63838,912-29537,521
2014             
Q121,7706,4859,56737,87497439,134 22,4246,76410,42039,94590140,904
Q222,1416,6279,20637,820438,601 22,6416,9339,75939,5844140,060
Q322,3196,55610,65639,96514439,704 22,8086,73611,62641,44125342,014
Q422,6136,53510,57039,4072,01040,379 23,1016,67111,53741,3611,70741,943
2015             
Q122,6306,71712,24841,60039242,588 23,1416,84112,95743,34737843,849
Q222,9146,65613,46043,25171444,845 23,3316,84814,30344,57768345,964
Q323,2866,66514,71745,0451,94446,373 23,6136,82815,58946,1672,01348,848
Q423,4286,77621,87251,4981,44151,650 23,7656,94522,83253,2771,12752,681
2016             
Q124,3806,86819,75551,40050152,091 24,4597,06020,54252,66059253,641
Q224,1716,86923,41255,39718756,719 24,4627,06424,94656,45434157,600
Q324,2946,95923,67555,39316054,273 24,5797,13224,67856,20136557,067
Q424,6367,07929,74058,8624,07762,785 24,9917,18729,00661,1063,55062,603
2017             
Q125,0587,25013,90447,403-52247,007 25,2847,29814,01547,021-36647,226
Q225,1197,30348,07083,6562,06087,763 25,0067,32650,85583,8872,10087,079
Q325,5557,40814,37247,5293,50450,467 25,6177,39113,72046,8353,57951,011
Q425,8897,59214,76445,6261,08446,757 25,7957,52113,47046,65177245,768
2018             
Q126,1817,79316,47552,3151,96554,508 25,9477,53516,10650,0722,02453,069
Q226,6647,99914,57649,661-4151,103 26,2257,69615,05848,61710549,166
Q326,9478,14220,74956,003-27754,450 26,4627,80819,63553,712-1854,173
Q427,1728,17623,95856,267-38655,483 26,5477,81822,35356,749-91554,148
2019             
Q127,6018,25719,08556,6761,10758,978 26,7167,89617,26852,3061,40354,845
Q227,9858,34847,70388,189-95189,982 26,9197,97848,69084,856-89384,492
              
Percentage change on previous quarter
2013             
Q10.2-1.86.51.2 2.4 -1.6-1.34.90.2 1.0
Q2-0.12.1-3.6-1.7 0.5 0.7-0.2-10.1-2.6 -1.3
Q31.11.015.96.5 2.9 0.67.121.96.9 5.8
Q40.40.7-3.1-1.8 -4.0 0.30.4-2.6-0.8 -5.1
2014             
Q10.60.210.73.4 9.8 0.30.58.12.7 9.0
Q21.72.2-3.8-0.1 -1.4 1.02.5-6.3-0.9 -2.1
Q30.8-1.115.85.7 2.9 0.7-2.819.14.7 4.9
Q41.3-0.3-0.8-1.4 1.7 1.3-1.0-0.8-0.2 -0.2
2015             
Q10.12.815.95.6 5.5 0.22.612.34.8 4.5
Q21.3-0.99.94.0 5.3 0.80.110.42.8 4.8
Q31.60.19.34.1 3.4 1.2-0.39.03.6 6.3
Q40.61.748.614.3 11.4 0.61.746.515.4 7.8
2016             
Q14.11.4-9.7-0.2 0.9 2.91.7-10.0-1.2 1.8
Q2-0.90.018.57.8 8.9 0.00.121.47.2 7.4
Q30.51.31.1-0.0 -4.3 0.51.0-1.1-0.4 -0.9
Q41.41.725.66.3 15.7 1.70.817.58.7 9.7
2017             
Q11.72.4-53.2-19.5 -25.1 1.21.5-51.7-23.1 -24.6
Q20.20.7245.776.5 86.7 -1.10.4262.978.4 84.4
Q31.71.4-70.1-43.2 -42.5 2.40.9-73.0-44.2 -41.4
Q41.32.52.7-4.0 -7.4 0.71.8-1.8-0.4 -10.3
2018             
Q11.12.711.614.7 16.6 0.60.219.67.3 16.0
Q21.82.6-11.5-5.1 -6.2 1.12.1-6.5-2.9 -7.4
Q31.11.842.312.8 6.6 0.91.430.410.5 10.2
Q40.80.415.50.5 1.9 0.30.113.85.7 -0.0
2019             
Q11.61.0-20.30.7 6.3 0.61.0-22.7-7.8 1.3
Q21.41.1149.955.6 52.6 0.81.0182.062.2 54.1
1Chain linked series not additive
Annex 3A Components of Gross Domestic Fixed Capital Formation at Current Market Prices - Non-Seasonally Adjusted€million
PeriodDwellingsImprovementsOther Building and ConstructionTransfer CostsMachinery and Equipmentof which Other Transport EquipmentIntangible AssetsGross Domestic Fixed Capital Formation
20138811,6777,76348612,8606,1069,71133,378
20141,0811,9228,70983415,8687,67011,81840,231
20151,4641,8569,94291115,6466,37733,32063,138
20162,0242,19611,5611,14819,47810,34860,39496,802
20172,9892,58913,6931,10717,5219,47155,31593,214
20183,7063,43615,6831,37724,54315,37127,11275,856
         
2013        
Q11903731,367994,0092,4182,0708,108
Q22293991,6341063,1411,6482,2717,779
Q32174172,2471252,8261,1142,5998,430
Q42454892,5161562,8859262,7719,061
 8811,6777,76348612,8606,1069,71133,378
2014        
Q12294831,6861634,1321,8402,8959,589
Q22654991,9751693,3771,7662,9629,248
Q33014932,3742244,1201,9082,67410,186
Q42864472,6742774,2392,1563,28611,209
 1,0811,9228,70983415,8687,67011,81840,231
2015        
Q12954611,8872424,1601,4274,93111,977
Q23274482,1562044,0871,9346,40613,628
Q34564452,6502203,3621,0027,04614,179
Q43855033,2492454,0372,01314,93523,354
 1,4641,8569,94291115,6466,37733,32063,138
2016        
Q14604781,9352604,9792,32911,04419,158
Q25205652,5352634,8502,81215,53024,262
Q35445883,3413144,5882,28513,50122,876
Q45005643,7513125,0612,92220,32030,507
 2,0242,19611,5611,14819,47810,34860,39496,802
2017        
Q16235962,5222704,4552,0784,74613,211
Q26746012,9172425,1313,13842,06251,627
Q38636203,7602503,1801,2934,63213,305
Q48297734,4943454,7552,9623,87515,070
 2,9892,58913,6931,10717,5219,47155,31593,214
2018        
Q17868302,9092935,6442,8564,67415,136
Q29418303,3593425,1362,7905,55916,167
Q31,0589134,4683426,3074,1286,14419,232
Q49208634,9474017,4555,59710,73525,321
 3,7063,43615,6831,37724,54315,37127,11275,856
2019        
Q11,0408343,4203275,1762,4045,59216,389
Q21,1028503,880329n/a1n/a1n/a154,142
         
Percentage change on corresponding period of previous year
2013-1.112.917.041.7-5.7-31.1-13.9-2.6
201422.814.612.271.623.425.621.720.5
201535.4-3.414.29.2-1.4-16.9181.956.9
201638.318.316.326.124.562.381.353.3
201747.717.918.4-3.6-10.0-8.5-8.4-3.7
201824.032.714.524.540.162.3-51.0-18.6
         
2013        
Q1-13.04.66.129.4-5.1-13.4-9.1-3.9
Q21.89.121.341.6-24.9-45.4-48.4-26.6
Q3-9.36.821.556.63.1-30.521.813.4
Q417.831.117.139.715.8-36.012.516.2
2014        
Q120.629.723.364.23.1-23.939.918.3
Q215.925.320.959.17.57.230.418.9
Q338.918.15.680.145.871.32.920.8
Q416.8-8.66.378.046.9132.818.623.7
2015        
Q129.0-4.612.048.50.7-22.470.324.9
Q223.5-10.49.120.621.09.5116.347.4
Q351.7-9.811.7-2.1-18.4-47.5163.539.2
Q434.312.621.5-11.7-4.8-6.6354.5108.3
2016        
Q155.93.82.57.519.763.2124.060.0
Q258.726.317.628.718.745.3142.478.0
Q319.232.326.142.936.5128.091.661.3
Q430.012.215.427.425.445.136.030.6
2017        
Q135.424.630.33.5-10.5-10.8-57.0-31.0
Q229.66.315.1-7.75.811.6170.9112.8
Q358.65.412.6-20.3-30.7-43.4-65.7-41.8
Q465.936.919.810.6-6.01.4-80.9-50.6
2018        
Q126.139.215.48.826.737.5-1.514.6
Q239.838.015.141.00.1-11.1-86.8-68.7
Q322.747.318.836.798.3219.332.644.5
Q411.011.810.116.256.889.0177.068.0
2019        
Q132.30.617.611.3-8.3-15.919.68.3
Q217.02.415.5-3.6n/a1n/a1n/a1234.9
1Data suppressed for confidentiality reasons
Annex 3B Components of Gross Domestic Fixed Capital Formation at Constant Prices (Chain linked annually and referenced to year 2017)1 - Non-Seasonally Adjusted€million
PeriodDwellingsImprovementsOther Building and ConstructionTransfer CostsMachinery and Equipmentof which Other Transport EquipmentIntangible AssetsGross Domestic Fixed Capital Formation
20131,0062,0899,68170313,4516,38010,15836,677
20141,1552,28710,3721,06716,3058,00712,60143,446
20151,5462,09311,2241,06515,7776,53534,73366,295
20162,0992,33212,2831,25719,74010,49262,15299,971
20172,9892,58913,6931,10717,5219,47155,31593,214
20183,8123,20814,6391,26224,42415,21326,24373,587
         
2013        
Q12205021,8071494,1912,5282,1178,999
Q22664962,0491603,2801,7212,3718,560
Q32435112,7821782,9551,1632,7819,292
Q42775793,0432163,0269682,8889,826
 1,0062,0899,68170313,4516,38010,15836,677
2014        
Q12575962,0802294,2561,9242,95510,355
Q22885862,3462263,4741,8443,20310,047
Q33196002,8692784,2281,9902,94511,113
Q42915053,0773344,3472,2493,49811,931
 1,1552,28710,3721,06716,3058,00712,60143,446
2015        
Q13305402,2152934,2131,4705,17812,751
Q23555112,4662424,1251,9856,80214,487
Q34785063,0102533,3941,0247,50515,052
Q43845373,5322774,0452,05615,24724,004
 1,5462,09311,2241,06515,7776,53534,73366,295
2016        
Q14775202,1162965,0552,36511,32819,866
Q25296012,7092954,9352,85216,10025,226
Q35736383,5943384,6622,31914,07723,844
Q45205743,8643285,0882,95620,64731,036
 2,0992,33212,2831,25719,74010,49262,15299,971
2017        
Q16596092,5922834,4552,0864,58313,174
Q26966102,9592495,1013,13942,55952,304
Q38446263,7802453,1751,2924,53613,142
Q47917454,3633294,7902,9543,63714,594
 2,9892,58913,6931,10717,5219,47155,31593,214
2018        
Q18357942,7892785,6192,8384,48314,798
Q29767803,1653165,1082,7625,38915,733
Q31,0748534,1643096,2534,0836,04118,695
Q49277814,5213607,4435,53010,32924,361
 3,8123,20814,6391,26224,42415,21326,24373,587
2019        
Q11,0317453,0512965,0982,3475,40315,626
Q21,0877453,402297n/a2n/a2n/a251,394
         
Percentage change on corresponding period of previous year
2013-3.99.813.739.7-6.2-32.0-14.4-3.8
201414.99.57.151.821.225.524.118.5
201533.8-8.58.2-0.2-3.2-18.4175.652.6
201635.711.49.418.025.160.678.950.8
201742.411.011.5-11.9-11.2-9.7-11.0-6.8
201827.523.96.914.139.460.6-52.6-21.1
         
2013        
Q1-16.24.84.933.4-6.5-15.1-6.2-4.3
Q23.81.414.742.8-25.2-46.1-48.6-27.3
Q3-13.19.422.151.93.0-31.118.612.5
Q411.424.211.733.116.1-36.49.213.1
2014        
Q117.018.615.153.61.5-23.939.615.1
Q28.418.114.541.55.97.235.117.4
Q331.317.43.156.643.171.15.919.6
Q45.0-12.81.154.343.7132.421.121.4
2015        
Q128.2-9.46.527.9-1.0-23.675.223.1
Q223.2-12.85.17.018.77.7112.444.2
Q349.5-15.74.9-9.2-19.7-48.5154.935.5
Q432.06.314.8-16.9-7.0-8.6335.8101.2
2016        
Q144.6-3.6-4.50.920.060.9118.855.8
Q249.017.69.821.919.643.6136.774.1
Q320.026.119.433.837.4126.587.658.4
Q435.56.99.418.425.843.835.429.3
2017        
Q138.217.122.4-4.2-11.9-11.8-59.5-33.7
Q231.61.59.2-15.43.410.1164.3107.3
Q347.2-1.85.2-27.6-31.9-44.3-67.8-44.9
Q452.129.812.90.3-5.9-0.1-82.4-53.0
2018        
Q126.730.47.6-2.026.136.1-2.212.3
Q240.227.97.026.70.1-12.0-87.3-69.9
Q327.336.210.226.297.0216.033.242.3
Q417.24.93.69.255.487.2184.066.9
2019        
Q123.6-6.19.46.8-9.3-17.320.55.6
Q211.4-4.47.5-6.0n/a2n/a2n/a2226.7
1Chain linked series not additive
2Data suppressed for confidentiality reasons
Annex 3C Components of Gross Domestic Fixed Capital Formation at Current Market Prices & Constant Prices (Chain linked annually and referenced to year 2017)1 - Seasonally Adjusted€million
 CURRENT MARKET PRICES CONSTANT MARKET PRICES
PeriodAll Building and Construction (including Dwellings, Improvements, other B&C and Transfer Costs)2Machinery and EquipmentIntangible AssetsGross Domestic Fixed Capital Formation All Building and Construction (including Dwellings, Improvements, other B&C and Transfer Costs)2Machinery and EquipmentIntangible AssetsGross Domestic Fixed Capital Formation
2013         
Q12,4163,4022,2077,983 3,0713,5492,3099,030
Q22,5362,8172,3387,696 3,2232,9712,4278,117
Q32,7813,4242,7058,921 3,4353,5612,8469,892
Q42,9433,1622,4308,645 3,5923,3042,5379,638
2014         
Q13,0293,5663,1699,567 3,6513,6713,30810,420
Q23,1623,1632,9879,206 3,7383,2733,2079,759
Q33,1364,7962,81010,656 3,7304,9053,04511,626
Q43,1774,4762,85910,570 3,6624,5743,05611,537
2015         
Q13,4193,6775,49112,248 3,9253,7295,88012,957
Q23,4133,9576,33113,460 3,8804,0096,67314,303
Q33,4893,8157,56114,717 3,9023,8417,92215,589
Q43,7604,05812,82521,872 4,1144,05413,19222,832
2016         
Q13,7284,59512,57019,755 3,9514,66813,07220,542
Q24,1754,74214,93223,412 4,4954,84915,40624,946
Q34,4075,16114,71423,675 4,6935,22915,06124,678
Q44,4874,87717,50629,740 4,6894,88717,99129,006
2017         
Q14,6904,2615,49713,904 4,8144,2625,34914,015
Q24,8715,06538,98048,070 4,9245,06939,39850,855
Q35,1063,5465,14614,372 5,0903,5284,93213,720
Q45,6594,4483,36214,764 5,5324,4613,20213,470
2018         
Q15,7095,5575,50616,475 5,4755,5315,29216,106
Q25,9605,0844,97414,576 5,7295,1004,83415,058
Q36,2307,0006,91320,749 5,8816,9176,63219,635
Q46,2236,8709,44123,958 5,7916,8219,23822,353
2019         
Q16,6315,1546,64519,085 6,0555,0756,40817,268
Q26,842n/a3n/a347,703 6,073n/a3n/a348,690
          
Percentage change on previous quarter
2013         
Q1-2.320.31.46.5 -3.120.4-1.24.9
Q25.0-17.25.9-3.6 5.0-16.35.1-10.1
Q39.721.515.715.9 6.619.917.321.9
Q45.8-7.6-10.2-3.1 4.6-7.2-10.8-2.6
2014         
Q12.912.830.410.7 1.611.130.48.1
Q24.4-11.3-5.7-3.8 2.4-10.9-3.0-6.3
Q3-0.851.6-5.915.8 -0.249.9-5.119.1
Q41.3-6.71.7-0.8 -1.8-6.70.4-0.8
2015         
Q17.6-17.992.115.9 7.2-18.592.412.3
Q2-0.27.615.39.9 -1.17.513.510.4
Q32.2-3.619.49.3 0.5-4.218.79.0
Q47.86.469.648.6 5.45.566.546.5
2016         
Q1-0.913.2-2.0-9.7 -4.015.1-0.9-10.0
Q212.03.218.818.5 13.83.917.921.4
Q35.58.9-1.51.1 4.47.8-2.2-1.1
Q41.8-5.519.025.6 -0.1-6.619.517.5
2017         
Q14.5-12.6-68.6-53.2 2.7-12.8-70.3-51.7
Q23.818.9609.1245.7 2.318.9636.6262.9
Q34.8-30.0-86.8-70.1 3.4-30.4-87.5-73.0
Q410.825.4-34.72.7 8.726.4-35.1-1.8
2018         
Q10.924.963.811.6 -1.024.065.319.6
Q24.4-8.5-9.7-11.5 4.6-7.8-8.6-6.5
Q34.537.739.042.3 2.635.637.230.4
Q4-0.1-1.836.615.5 -1.5-1.439.313.8
2019         
Q16.6-25.0-29.6-20.3 4.6-25.6-30.6-22.7
Q23.2n/a3n/a3149.9 0.3n/a3n/a3182.0
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
Annex 4A Modified Total Domestic Demand at Current Market Prices & Constant Prices (Chain linked annually and referenced to year 2017)1 - Non-Seasonally Adjusted€million
 CURRENT MARKET PRICES CONSTANT MARKET PRICES
PeriodPersonal Consumption of Goods and ServicesNet Exp. by Central and Local Government on Current Goods and ServicesModified Gross Domestic Fixed Capital FormationModified Final Domestic DemandValue of Physical Changes in StocksModified Total Domestic Demand Personal Consumption of Goods and ServicesNet Exp. by Central and Local Government on Current Goods and ServicesModified Gross Domestic Fixed Capital FormationModified Final Domestic DemandValue of Physical Changes in StocksModified Total Domestic Demand
201385,90825,46222,608133,978304134,282 88,78325,93126,129141,220278140,951
201488,86526,16325,905140,9343,091144,025 90,92827,07228,930147,1422,888149,842
201592,25626,78629,966149,0074,448153,455 93,79527,45332,415153,7104,199157,849
201697,45827,76033,580158,7974,847163,644 98,67328,44935,509162,6124,822167,403
2017101,62929,55135,959167,1386,059173,198 101,62929,55135,959167,1386,059173,198
2018106,97732,11040,493179,5791,187180,766 105,12630,86439,030175,0201,158176,178
              
2013             
Q120,7706,2335,07332,07635432,429 21,5146,2905,98333,91236834,266
Q220,7516,3874,97532,11338232,495 21,4666,2685,76933,64533133,950
Q321,4126,4606,00233,87552234,397 22,0426,7086,92135,73938436,107
Q422,9746,3826,55935,915-95434,961 23,7616,6657,45737,924-80536,628
 85,90825,46222,608133,978304134,282 88,78325,93126,129141,220278140,951
2014             
Q121,1816,5205,96833,6691,15034,818 21,8266,8266,75335,4851,06636,560
Q221,5216,6785,92734,12712834,255 22,0026,9656,64635,71014035,722
Q322,1816,5656,68735,43354735,979 22,5756,7197,53136,84749337,259
Q423,9826,4007,32337,7051,26738,972 24,5256,5637,99939,1011,18840,302
 88,86526,16325,905140,9343,091144,025 90,92827,07228,930147,1422,888149,842
2015             
Q122,0606,8137,40836,28159136,872 22,6086,9448,14837,69155138,173
Q222,2386,7107,15536,10389737,000 22,5896,8807,82537,30781238,080
Q323,1626,6507,83437,6472,31539,962 23,3986,8028,52638,7092,21441,040
Q424,7966,6137,56838,97664539,621 25,2006,8287,91640,00362240,555
 92,25626,78629,966149,0074,448153,455 93,79527,45332,415153,7104,199157,849
2016             
Q123,8307,0137,65638,49873939,238 24,2607,1818,16639,63077240,358
Q223,4326,9097,81438,15541838,574 23,6217,0748,32839,02848639,447
Q324,1956,9378,98140,11449040,603 24,3867,1269,58241,05252841,510
Q426,0016,9019,12842,0293,19945,229 26,4067,0689,43342,9023,03746,088
 97,45827,76033,580158,7974,847163,644 98,67328,44935,509162,6124,822167,403
2017             
Q124,5527,4248,14540,121-15039,971 24,7587,4128,26440,449-11040,295
Q224,3297,3298,27239,9292,25442,183 24,2347,3208,33339,8942,18142,096
Q325,5047,3919,42542,3203,81646,136 25,4267,4129,44742,2703,74546,077
Q427,2447,40710,11744,76814044,908 27,2117,4079,91544,52524444,730
 101,62929,55135,959167,1386,059173,198 101,62929,55135,959167,1386,059173,198
2018             
Q125,6737,9699,71443,3562,45645,812 25,5327,6269,51342,6712,35345,024
Q225,8478,0219,71843,58611543,701 25,3237,6829,42842,43412742,561
Q326,9258,13910,35245,4162345,439 26,2917,8619,92444,07615344,229
Q428,5337,98110,70947,222-1,40745,814 27,9807,69610,16445,840-1,47644,364
 106,97732,11040,493179,5791,187180,766 105,12630,86439,030175,0201,158176,178
2019             
Q127,0728,4299,85245,3531,73647,089 26,1807,9739,25643,4091,82545,234
Q227,1478,37010,33945,856-85944,997 26,1097,9619,58943,659-94442,716
              
Percentage change on corresponding period of previous year
20131.3-1.119.13.4 2.7 -0.10.417.32.5 1.9
20143.42.814.65.2 7.3 2.44.410.74.2 6.3
20153.82.415.75.7 6.5 3.21.412.04.5 5.3
20165.63.612.16.6 6.6 5.23.69.55.8 6.1
20174.36.57.15.3 5.8 3.03.91.32.8 3.5
20185.38.712.67.4 4.4 3.44.48.54.7 1.7
              
2013             
Q11.6-5.0-0.3-0.0 -0.4 -0.2-4.5-0.7-1.2 -1.1
Q20.6-0.016.32.6 4.0 -0.5-2.213.71.1 2.8
Q31.1-0.126.94.6 3.5 -0.13.426.84.5 3.3
Q41.70.934.16.2 3.8 0.35.130.45.5 2.7
2014             
Q12.04.617.65.0 7.4 1.58.512.94.6 6.7
Q23.74.619.16.3 5.4 2.511.115.26.1 5.2
Q33.61.611.44.6 4.6 2.40.28.83.1 3.2
Q44.40.311.75.0 11.5 3.2-1.57.33.1 10.0
2015             
Q14.14.524.17.8 5.9 3.61.720.66.2 4.4
Q23.30.520.75.8 8.0 2.7-1.217.74.5 6.6
Q34.41.317.26.2 11.1 3.61.213.25.1 10.1
Q43.43.33.33.4 1.7 2.84.0-1.02.3 0.6
2016             
Q18.02.93.36.1 6.4 7.33.40.25.1 5.7
Q25.43.09.25.7 4.3 4.62.86.44.6 3.6
Q34.54.314.66.6 1.6 4.24.812.46.1 1.1
Q44.94.320.67.8 14.2 4.83.519.27.2 13.6
2017             
Q13.05.96.44.2 1.9 2.13.21.22.1 -0.2
Q23.86.15.94.6 9.4 2.63.50.12.2 6.7
Q35.46.54.95.5 13.6 4.34.0-1.43.0 11.0
Q44.87.310.86.5 -0.7 3.14.85.13.8 -2.9
2018             
Q14.67.319.38.1 14.6 3.12.915.15.5 11.7
Q26.29.417.59.2 3.6 4.54.913.16.4 1.1
Q35.610.19.87.3 -1.5 3.46.15.14.3 -4.0
Q44.77.75.85.5 2.0 2.83.92.53.0 -0.8
2019             
Q15.55.81.44.6 2.8 2.54.5-2.71.7 0.5
Q25.04.46.45.2 3.0 3.13.61.72.9 0.4
1Chain linked series not additive
Annex 4B Modified Total Domestic Demand at Current Market Prices & Constant Prices (Chain linked annually and referenced to year 2017)1 - Seasonally Adjusted€million
 CURRENT MARKET PRICES CONSTANT MARKET PRICES
PeriodPersonal Consumption of Goods and ServicesNet Exp. by Central and Local Government on Current Goods and ServicesModified Gross Domestic Fixed Capital FormationModified Final Domestic DemandValue of Physical Changes in StocksModified Total Domestic Demand Personal Consumption of Goods and ServicesNet Exp. by Central and Local Government on Current Goods and ServicesModified Gross Domestic Fixed Capital FormationModified Final Domestic DemandValue of Physical Changes in StocksModified Total Domestic Demand
2013             
Q121,3386,2375,00732,47918632,793 21,9976,2725,83734,26721834,427
Q221,3246,3665,19432,94833433,346 22,1566,2626,08734,62429134,980
Q321,5666,4285,98934,0309533,946 22,2936,7086,88135,8959835,646
Q421,6456,4706,32734,420-27234,104 22,3636,7337,22236,307-29535,867
2014             
Q121,7706,4855,94734,12697435,189 22,4246,7646,68135,90590136,745
Q222,1416,6276,26935,110435,237 22,6416,9337,07036,8434136,869
Q322,3196,5566,56235,44314435,334 22,8086,7367,37336,88125336,606
Q422,6136,5357,03436,1742,01038,143 23,1016,6717,70237,4381,70739,616
2015             
Q122,6306,7177,48236,81339237,246 23,1416,8418,20638,19837838,343
Q222,9146,6567,58537,17571438,098 23,3316,8488,32138,51868339,310
Q323,2866,6657,61237,5591,94439,134 23,6136,8288,25338,6532,01340,231
Q423,4286,7767,25137,4411,44138,873 23,7656,9457,60438,3241,12739,978
2016             
Q124,3806,8687,82539,09450138,977 24,4597,0608,35340,21559240,487
Q224,1716,8698,24339,26118739,785 24,4627,0648,78740,28234140,732
Q324,2946,9598,70039,97816039,621 24,5797,1329,24440,93636540,628
Q424,6367,0798,74640,4334,07745,290 24,9917,1879,06241,1363,55045,598
2017             
Q125,0587,2508,38140,741-52239,583 25,2847,2988,52141,078-36640,282
Q225,1197,3038,67641,0532,06043,580 25,0067,3268,73241,1512,10043,510
Q325,5557,4089,13342,1563,50445,672 25,6177,3919,12042,1203,57945,107
Q425,8897,5929,69343,1201,08445,093 25,7957,5219,52342,71377244,321
2018             
Q126,1817,79310,03444,0251,96545,264 25,9477,5359,85143,3642,02444,888
Q226,6647,99910,14744,777-4145,249 26,2257,6969,82743,75010544,048
Q326,9478,14210,04645,235-27744,866 26,4627,8089,60543,896-1843,295
Q427,1728,17610,25345,510-38645,370 26,5477,8189,75443,986-91544,023
2019             
Q127,6018,25710,20346,0701,10747,205 26,7167,8969,60844,1471,40344,982
Q227,9858,34810,75847,065-95146,653 26,9197,9789,95744,982-89344,254
              
Percentage change on previous quarter
2013             
Q10.2-1.85.40.3 0.1 -1.6-1.34.6-0.5 -1.2
Q2-0.12.13.71.4 1.7 0.7-0.24.31.0 1.6
Q31.11.015.33.3 1.8 0.67.113.03.7 1.9
Q40.40.75.61.1 0.5 0.30.45.01.1 0.6
2014             
Q10.60.2-6.0-0.9 3.2 0.30.5-7.5-1.1 2.4
Q21.72.25.42.9 0.1 1.02.55.82.6 0.3
Q30.8-1.14.70.9 0.3 0.7-2.84.30.1 -0.7
Q41.3-0.37.22.1 8.0 1.3-1.04.51.5 8.2
2015             
Q10.12.86.41.8 -2.4 0.22.66.52.0 -3.2
Q21.3-0.91.41.0 2.3 0.80.11.40.8 2.5
Q31.60.10.41.0 2.7 1.2-0.3-0.80.4 2.3
Q40.61.7-4.7-0.3 -0.7 0.61.7-7.9-0.9 -0.6
2016             
Q14.11.47.94.4 0.3 2.91.79.94.9 1.3
Q2-0.90.05.30.4 2.1 0.00.15.20.2 0.6
Q30.51.35.51.8 -0.4 0.51.05.21.6 -0.3
Q41.41.70.51.1 14.3 1.70.8-2.00.5 12.2
2017             
Q11.72.4-4.20.8 -12.6 1.21.5-6.0-0.1 -11.7
Q20.20.73.50.8 10.1 -1.10.42.50.2 8.0
Q31.71.45.32.7 4.8 2.40.94.42.4 3.7
Q41.32.56.12.3 -1.3 0.71.84.41.4 -1.7
2018             
Q11.12.73.52.1 0.4 0.60.23.41.5 1.3
Q21.82.61.11.7 -0.0 1.12.1-0.20.9 -1.9
Q31.11.8-1.01.0 -0.8 0.91.4-2.30.3 -1.7
Q40.80.42.10.6 1.1 0.30.11.50.2 1.7
2019             
Q11.61.0-0.51.2 4.0 0.61.0-1.50.4 2.2
Q21.41.15.42.2 -1.2 0.81.03.61.9 -1.6
1Chain linked series not additive
Annex 4C Components of Modified Gross Domestic Fixed Capital Formation at Current Market Prices - Non-Seasonally Adjusted€million
PeriodDwellingsImprovementsOther Building and ConstructionTransfer CostsMachinery and Equipment excluding Aircraft related to LeasingIntangible Assets excluding R&D service imports and trade in IPModified Gross Domestic Fixed Capital FormationAircraft related to LeasingR&D service imports and trade in IP
20138811,6777,7634868,0543,74822,6084,8075,963
20141,0811,9228,7098349,1724,18825,9056,6967,630
20151,4641,8569,94291110,4785,31529,9665,16828,004
20162,0242,19611,5611,14812,3414,30933,5807,13756,085
20172,9892,58913,6931,10710,9144,66735,9596,60750,648
20183,7063,43615,6831,37711,3894,90240,49313,15422,209
          
2013         
Q11903731,367992,1728725,0731,8371,198
Q22293991,6341061,6769314,9751,4641,340
Q32174172,2471252,0449536,0027821,646
Q42454892,5161562,1619926,5597241,779
 8811,6777,7634868,0543,74822,6084,8075,963
2014         
Q12294831,6861632,3311,0765,9681,8011,820
Q22654991,9751691,9681,0515,9271,4091,911
Q33014932,3742242,2851,0106,6871,8351,664
Q42864472,6742772,5881,0517,3231,6512,235
 1,0811,9228,7098349,1724,18825,9056,6967,630
2015         
Q12954611,8872423,0861,4377,4081,0743,495
Q23274482,1562042,6291,3927,1551,4585,015
Q34564452,6502202,8801,1837,8344825,863
Q43855033,2492451,8831,3047,5682,15413,632
 1,4641,8569,94291110,4785,31529,9665,16828,004
2016         
Q14604781,9352603,4841,0387,6561,49510,007
Q25205652,5352632,8991,0337,8141,95114,496
Q35445883,3413143,0661,1288,9811,52212,372
Q45005643,7513122,8921,1109,1282,16919,210
 2,0242,19611,5611,14812,3414,30933,5807,13756,085
2017         
Q16235962,5222702,9251,2108,1451,5303,536
Q26746012,9172422,7291,1098,2722,40240,953
Q38636203,7602502,7931,1399,4253873,493
Q48297734,4943452,4671,21010,1172,2882,665
 2,9892,58913,6931,10710,9144,66735,9596,60750,648
2018         
Q17868302,9092933,7081,1889,7141,9373,486
Q29418303,3593423,0631,1849,7182,0734,375
Q31,0589134,4683422,2681,30310,3524,0394,841
Q49208634,9474012,3501,22810,7095,1059,507
 3,7063,43615,6831,37711,3894,90240,49313,15422,209
2019         
Q11,0408343,4203272,8241,4079,8522,3524,185
Q21,1028503,880329n/a1n/a110,339n/a1n/a1
          
Percentage change on corresponding period of previous year
2013-1.112.917.041.726.614.719.1-33.9-25.5
201422.814.612.271.613.911.714.639.328.0
201535.4-3.414.29.214.226.915.7-22.8267.0
201638.318.316.326.117.8-18.912.138.1100.3
201747.717.918.4-3.6-11.68.37.1-7.4-9.7
201824.032.714.524.54.45.012.699.1-56.1
          
2013         
Q1-13.04.66.129.4-5.93.8-0.3-4.1-16.6
Q21.89.121.341.615.814.016.3-46.4-62.6
Q3-9.36.821.556.645.624.326.9-41.520.4
Q417.831.117.139.779.317.434.1-43.710.0
2014         
Q120.629.723.364.27.323.417.6-2.051.9
Q215.925.320.959.117.412.819.1-3.842.6
Q338.918.15.680.111.86.011.4134.81.1
Q416.8-8.66.378.019.76.011.7128.125.6
2015         
Q129.0-4.612.048.532.433.624.1-40.492.0
Q223.5-10.49.120.633.632.520.73.5162.4
Q351.7-9.811.7-2.126.117.117.2-73.7252.4
Q434.312.621.5-11.7-27.224.03.330.5510.0
2016         
Q155.93.82.57.512.9-27.83.339.2186.3
Q258.726.317.628.710.3-25.89.233.8189.1
Q319.232.326.142.96.5-4.614.6215.8111.0
Q430.012.215.427.453.6-14.920.60.740.9
2017         
Q135.424.630.33.5-16.016.66.42.3-64.7
Q229.66.315.1-7.7-5.97.35.923.1182.5
Q358.65.412.6-20.3-8.90.94.9-74.6-71.8
Q465.936.919.810.6-14.79.010.85.5-86.1
2018         
Q126.139.215.48.826.8-1.819.326.6-1.4
Q239.838.015.141.012.26.817.5-13.7-89.3
Q322.747.318.836.7-18.814.49.8943.738.6
Q411.011.810.116.2-4.71.55.8123.1256.7
2019         
Q132.30.617.611.3-23.818.51.421.520.0
Q217.02.415.5-3.6n/a1n/a16.4n/a1n/a1
1Data suppressed for confidentiality reasons
Annex 4D Components of Modified Gross Domestic Fixed Capital Formation at Constant Prices (Chain linked annually and referenced to year 2017)1 - Non-Seasonally Adjusted€million
PeriodDwellingsImprovementsOther Building and ConstructionTransfer CostsMachinery and Equipment excluding Aircraft related to LeasingIntangible Assets excluding R&D service imports and trade in IPModified Gross Domestic Fixed Capital FormationAircraft related to LeasingR&D service imports and trade in IP
20131,0062,0899,6817038,4704,33126,1294,9936,160
20141,1552,28710,3721,0679,3794,86628,9306,9308,095
20151,5462,09311,2241,06510,4736,18532,4155,29228,913
20162,0992,33212,2831,25712,4875,02835,5097,25257,096
20172,9892,58913,6931,10710,9144,66735,9596,60750,648
20183,8123,20814,6391,26211,4304,67939,03012,99421,563
          
2013         
Q12205021,8071492,2859805,9831,9101,215
Q22664962,0491601,7631,0775,7691,5201,380
Q32435112,7821782,1461,1256,9218121,741
Q42775793,0432162,2761,1507,4577521,824
 1,0062,0899,6817038,4704,33126,1294,9936,160
2014         
Q12575962,0802292,3881,2056,7531,8681,841
Q22885862,3462262,0171,2406,6461,4582,055
Q33196002,8692782,3311,2077,5311,8971,829
Q42915053,0773342,6431,2147,9991,7072,370
 1,1552,28710,3721,0679,3794,86628,9306,9308,095
2015         
Q13305402,2152933,1011,6428,1481,1063,653
Q23555112,4662422,6271,6467,8251,4965,266
Q34785063,0102532,8911,4078,5264926,184
Q43845373,5322771,8531,4917,9162,19813,810
 1,5462,09311,2241,06510,4736,18532,4155,29228,913
2016         
Q14775202,1162963,5251,1438,1661,52210,205
Q25296012,7092952,9551,2308,3281,98414,856
Q35736383,5943383,1101,3559,5821,54712,740
Q45205743,8643282,8971,3019,4332,19919,295
 2,0992,33212,2831,25712,4875,02835,5097,25257,096
2017         
Q16596092,5922832,9191,1958,2641,5353,492
Q26966102,9592492,7001,1138,3332,40341,130
Q38446263,7802452,7841,1649,4473873,472
Q47917454,3633292,5101,1969,9152,2822,554
 2,9892,58913,6931,10710,9144,66735,9596,60750,648
2018         
Q18357942,7892783,6981,1199,5131,9213,365
Q29767803,1653163,0591,1339,4282,0494,256
Q31,0748534,1643092,2641,2609,9243,9894,782
Q49277814,5213602,4081,16810,1645,0359,161
 3,8123,20814,6391,26211,4304,67939,03012,99421,563
2019         
Q11,0317453,0512962,8051,3269,2562,2934,077
Q21,0877453,402297n/a2n/a29,589n/a2n/a2
          
Percentage change on corresponding period of previous year
2013-3.99.813.739.726.413.717.3-34.8-25.8
201414.99.57.151.810.712.410.738.831.4
201533.8-8.58.2-0.211.727.112.0-23.6257.2
201635.711.49.418.019.2-18.79.537.097.5
201742.411.011.5-11.9-12.6-7.21.3-8.9-11.3
201827.523.96.914.14.70.38.596.7-57.4
          
2013         
Q1-16.24.84.933.4-7.06.7-0.7-6.1-13.5
Q23.81.414.742.817.111.513.7-47.2-62.7
Q3-13.19.422.151.945.621.326.8-42.117.3
Q411.424.211.733.180.015.030.4-44.16.3
2014         
Q117.018.615.153.64.523.012.9-2.251.5
Q28.418.114.541.514.415.215.2-4.148.9
Q331.317.43.156.68.67.38.8133.85.1
Q45.0-12.81.154.316.15.67.3127.029.9
2015         
Q128.2-9.46.527.929.836.220.6-40.898.4
Q223.2-12.85.17.030.332.717.72.6156.3
Q349.5-15.74.9-9.224.016.513.2-74.1238.0
Q432.06.314.8-16.9-29.922.8-1.028.8482.7
2016         
Q144.6-3.6-4.50.913.7-30.40.237.6179.3
Q249.017.69.821.912.5-25.36.432.6182.1
Q320.026.119.433.87.6-3.712.4214.4106.0
Q435.56.99.418.456.3-12.719.20.139.7
2017         
Q138.217.122.4-4.2-17.24.61.20.9-65.8
Q231.61.59.2-15.4-8.6-9.50.121.1176.9
Q347.2-1.85.2-27.6-10.5-14.1-1.4-75.0-72.7
Q452.129.812.90.3-13.3-8.15.13.7-86.8
2018         
Q126.730.47.6-2.026.7-6.415.125.1-3.6
Q240.227.97.026.713.31.813.1-14.7-89.7
Q327.336.210.226.2-18.78.25.1931.437.7
Q417.24.93.69.2-4.1-2.42.5120.7258.7
2019         
Q123.6-6.19.46.8-24.118.5-2.719.421.2
Q211.4-4.47.5-6.0n/a2n/a21.7n/a2n/a2
1Chain linked series not additive
2Data suppressed for confidentiality reasons
Annex 4E Components of Modified Gross Domestic Fixed Capital Formation at Current Market Prices & Constant Prices (Chain linked annually and referenced to year 2017)1 - Seasonally Adjusted€million
 CURRENT MARKET PRICES CONSTANT MARKET PRICES
PeriodAll Building and Construction (including Dwellings, Improvements, other B&C and Transfer Costs)2Machinery and Equipment excluding Aircraft related to LeasingIntangible Assets excluding R&D service imports and trade in IPModified Gross Domestic Fixed Capital Formation All Building and Construction (including Dwellings, Improvements, other B&C and Transfer Costs)2Machinery and Equipment excluding Aircraft related to LeasingIntangible Assets excluding R&D service imports and trade in IPModified Gross Domestic Fixed Capital Formation
2013         
Q12,4161,6858465,007 3,0711,7781,0005,837
Q22,5361,7499215,194 3,2231,8391,0636,087
Q32,7812,2151,0035,989 3,4352,3231,1576,881
Q42,9432,3559896,327 3,5922,4711,1197,222
2014         
Q13,0291,8921,0365,947 3,6511,9421,2206,681
Q23,1622,0911,0466,269 3,7382,1441,2287,070
Q33,1362,3901,0516,562 3,7302,4391,2277,373
Q43,1772,7731,0567,034 3,6622,8181,1957,702
2015         
Q13,4192,6901,3857,482 3,9252,7111,6578,206
Q23,4132,7431,3957,585 3,8802,7451,6398,321
Q33,4892,9641,2127,612 3,9022,9751,4108,253
Q43,7602,0751,3197,251 4,1142,0311,4817,604
2016         
Q13,7283,1251,0017,825 3,9513,1781,1538,353
Q24,1752,9561,0418,243 4,4953,0161,2308,787
Q34,4073,1621,1438,700 4,6933,2051,3459,244
Q44,4873,1271,1218,746 4,6893,1131,2959,062
2017         
Q14,6902,5551,1768,381 4,8142,5641,2118,521
Q24,8712,7301,1228,676 4,9242,7071,1188,732
Q35,1062,9231,1429,133 5,0902,9131,1439,120
Q45,6592,7301,2249,693 5,5322,7541,1959,523
2018         
Q15,7093,3311,16110,034 5,4753,3321,1349,851
Q25,9603,0131,19910,147 5,7293,0211,1429,827
Q36,2302,4251,30010,046 5,8812,4191,2309,605
Q46,2232,6461,23910,253 5,7912,6841,1709,754
2019         
Q16,6312,4311,38410,203 6,0552,4201,3459,608
Q26,842n/a3n/a310,758 6,073n/a3n/a39,957
          
Percentage change on previous quarter
2013         
Q1-2.316.31.55.4 -3.117.04.44.6
Q25.03.88.93.7 5.03.56.34.3
Q39.726.79.015.3 6.626.38.813.0
Q45.86.3-1.45.6 4.66.4-3.25.0
2014         
Q12.9-19.74.7-6.0 1.6-21.49.0-7.5
Q24.410.51.05.4 2.410.40.75.8
Q3-0.814.30.44.7 -0.213.7-0.14.3
Q41.316.00.57.2 -1.815.6-2.64.5
2015         
Q17.6-3.031.16.4 7.2-3.838.76.5
Q2-0.22.00.71.4 -1.11.3-1.11.4
Q32.28.1-13.10.4 0.58.4-13.9-0.8
Q47.8-30.08.9-4.7 5.4-31.75.0-7.9
2016         
Q1-0.950.6-24.17.9 -4.056.5-22.19.9
Q212.0-5.44.05.3 13.8-5.16.75.2
Q35.57.09.95.5 4.46.39.45.2
Q41.8-1.1-1.90.5 -0.1-2.9-3.8-2.0
2017         
Q14.5-18.34.9-4.2 2.7-17.6-6.5-6.0
Q23.86.8-4.63.5 2.35.6-7.62.5
Q34.87.11.85.3 3.47.62.24.4
Q410.8-6.67.26.1 8.7-5.44.64.4
2018         
Q10.922.0-5.13.5 -1.021.0-5.13.4
Q24.4-9.63.31.1 4.6-9.40.7-0.2
Q34.5-19.58.4-1.0 2.6-19.97.7-2.3
Q4-0.19.1-4.72.1 -1.510.9-4.91.5
2019         
Q16.6-8.111.8-0.5 4.6-9.814.9-1.5
Q23.2n/a3n/a35.4 0.3n/a3n/a33.6
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

Background Notes

Introduction 

This release gives the official quarterly national accounts estimates for Ireland. It provides the first set of results for quarter 2 of 2019.

National accounts are compiled in the EU according to the European System of National and Regional Accounts (ESA 2010) framework. In 2014, the new ESA 2010 framework replaced the previous ESA 95 version and all EU member states were required to adopt ESA 2010 by September 2014.  ESA 2010 is the European version of the current UN mandated international standards for national accounts statistics, the System of National Accounts (SNA) 2008.

The aggregates shown have been derived from a wide variety of sources. As some of the available sources are of lesser reliability than those used for the annual national accounts, the quarterly estimates given in this release have a higher margin of error than the annual figures.

Revisions

Minor revisions have been made to the previously published figures for 2019.

Nace Classification

In compliance with EU regulations the Nace Rev. 2 classification system is used in Tables 1, 2, 5 and 6. (The national classification system that was used up to and including the Q4 2011 QNA results that were published in March 2012 was replaced with the Nace Rev. 2 classification system in the Q1 2012 results published in July 2012).

The results for the economy are shown for 10 sectors (Nace A10) at Basic Prices. The contents of the sectors conform to the Nace Rev. 2 system.  The “Publishing” and “Software” industries are classified in the sector “Information and communication.”

Tables 1, 2, 5 and 6 show a full A10 breakdown that replaces the five sectors used up to QNA Q4 2016. The correspondence with the relevant sections of NACE Rev.2 is as follows:

Agriculture, forestry and fishing Section A
Industry (excluding Construction) Sections B,C,D,E
Of which: Manufacturing Section C
Construction Section F
Distribution, transport, hotels and restaurants Sections G,H,I
Information and communication Section J
Financial and insurance activities Section K
Real estate activities Section L
Professional, admin and support services Sections M,N
Public admin, education and health Sections O,P,Q
Arts, entertainment and other services Sections R,S,T

For further information on the Nace Rev. 2 classification of industrial activity, visit the CSO website:

https://www.cso.ie/en/methods/classifications/industrialactivity.

Current Price

For the annual accounts, GDP at current prices is calculated using two independent approaches i.e. the income and expenditure methods. Since the Q1 2018 reference quarter results published in July 2018, GDP at current prices has been calculated using two independent methods, namely current price output and current price expenditure. The output estimates in current prices are supplied in Table 2; the expenditure estimates in current prices are supplied in Table 4.

Volumes

At constant prices, two measures (output and expenditure) are similarly used. These measures are produced using annual chain linked indices. On the output side, for each quarter, the volume growth measures at a detailed level are weighted together using value added weights of the previous year. Similarly, on the expenditure side, the growth estimates are weighted by expenditure weights of the previous year.  The average of the two measures is the growth measure used. The change over a period of years is then calculated by linking together the annual changes. The estimates in this release are referenced to 2017 values. A consequence of this method is that the individual components of GDP at reference year values do not add to the total.

Definitions

Gross Domestic Product (GDP) represents the total value added (output) in the production of goods and services in the country.

Net factor income from the rest of the world (NFI) is the difference between investment income (interest, profits etc.) and labour income earned abroad by Irish resident persons and companies (inflows) and similar incomes earned in Ireland by non-residents (outflows). The data are taken from the Balance of Payments statistics that are based on the BPM6 framework. The components of interest flows involving banks in the Net factor income item in the national accounts are constructed on the basis of “pure” interest rates (that is exclusive of FISIM).  Under BPM5 based Balance of Payments data released previously, this FISIM adjustment was not carried out. However, under the BPM6 framework introduced in 2014, FISIM is now being treated as part of financial services, rather than income, bringing it into line with the treatment of FISIM in national accounts statistics. The deflator used to generate the constant price figures is based on the implied quarterly price index for the exports of goods and services. In some years exceptional income payments have had to be deflated individually.

Gross National Product (GNP) is the sum of GDP and NFI. Because NFI is the difference between two large gross flows, its magnitude can fluctuate greatly from one quarter to another. This can lead to significant differences between the GDP and GNP growth rate for the same quarter.

Methodology

Table 1 and 2: Output Measure

The estimation procedures are similar to those used for the annual accounts whenever possible.  However, in a number of cases the annual methodology cannot be followed due to the lack of relevant data quarterly.

Agriculture, Forestry and Fishing

The estimate for Agriculture is calculated by using the available sub-annual information for exports and slaughterings of animals, milk deliveries, stock changes (six-monthly), fertiliser and feeding stuffs usage etc. For some items, annual figures are distributed equally across the quarters. Monthly sea fish landings are used to estimate the quarterly output of fishing.

Industry 

The gross value added of manufacturing industry is calculated by applying monthly volume of production indices to the previous year's quarterly gross value added, including royalties. Royalties are separately deflated using the export price index and then deducted.

Construction

Changes in the volume of investment in construction projects are used to estimate the output of the building and construction sector.

Distribution, Transport, Hotels & Restaurants

For distribution the methods used are similar to those used for the annual calculation. They rely heavily on the retail sales indices and other CSO services inquiries. In the case of transport, most of the output measures used for the annual calculations are available on a quarterly basis.

Information and communication

For communications the main data sources are direct inquiries to the service suppliers, with additional data and trend estimation for some residual components.

Public Administration, Education and Health

The quarterly estimate of value added for public administration and defence, education and health sector has been calculated based on the employment trends in the various elements of the sector.

Financial and insurance activities, Real estate activities, Professional, admin and support services and Arts, entertainment and other services

The remaining services categories cover a variety of service activities, some of which are surveyed on a quarterly basis by the CSO. For some services, information on outputs is not directly available on a quarterly basis. In most of these cases, quarterly estimates are derived using trends in related indicators. In a small number of residual cases, annual estimates are distributed equally across the quarters.

Product Taxes and Product Subsidies

Taxes and subsidies are deflated at a detailed level using appropriate price indices.  Value added taxes and excise duties have been accrued and recorded in the period in which the underlying expenditure took place.

Net factor income from the rest of the world (NFI)

The value of net income flows with the rest of the world in the Quarterly National Accounts release is generally consistent with the published Balance of Payments statistics.

Tables 3 and 4: Expenditure Measures

The various components of the expenditure based measure of GDP are defined in the annual National Income and Expenditure publication. The methods used for the quarterly series are similar to those used for the annual where possible but in many cases alternative methods have been applied.

Personal Consumption Expenditure is estimated using CSO data, such as the Retail Sales Indices together with some direct inquiries. Administrative data sources are used for some goods such as fuel and power products and motor vehicles. Constant price estimates are obtained using components of the Consumer Price Index (CPI).

Net Expenditure by Central and Local Government at current market prices is estimated using Government records. From Q2 of 2009 it is calculated net of the public sector pension levy introduced in March 2009. The constant price estimates of remuneration are derived by extrapolating base year estimates using an index of employment or using appropriate deflators for wages and are unaffected by the pension levy which is treated as a reduction in wage rates. Expenditure on goods and services is deflated partly by consumer price indices and partly by wholesale price indices.

Gross Domestic Fixed Capital Formation at current market prices includes expenditure on building and construction work and machinery and equipment. The quarterly estimates of dwellings are based on data from the CSO’s New Dwelling Completions quarterly releases. Information on other building and construction is based on the CSO’s quarterly index of production in Building and Construction. Quarterly estimates of commercial vehicles used in the business sector are estimated using administrative data. Estimates of other machinery and equipment and R&D (included under ESA 2010 standards) are made by reference to import statistics and the CSO Quarterly Capital Assets in Industry Inquiry. Current estimates are deflated to prices of the previous year using appropriate price indices such as components of the Wholesale Price Index (WPI) and indices for construction activity.

Value of Physical Changes in Stocks at current pricescovers stock changes in the agricultural, industrial and distribution sectors and in intervention stocks. This item measures the actual value change in stocks between the beginning and end of quarter adjusted for any changes in the prices of the underlying commodities. Data on industrial and distribution stocks are taken from published and unpublished components of the CSO Quarterly Stocks Inquiry. Agricultural stocks are estimated from the results of CSO’s agricultural enumerations and statistics on animal slaughterings, etc. Constant price estimates are calculated by deflating the current estimates using relevant price indices and price data on agricultural and intervention stocks. Some adjustments have been made to the stocks values to improve the coherence of the quarterly accounts. These are judgmental adjustments to allow for within-year timing differences between the output and expenditure measures. Over a calendar year, these adjustments are neutral.

Exports and Imports of Goods and Services at current prices are taken from the CSO Balance of Payments series. Current price estimates are converted to previous year prices using the available price indices, including export and import unit value indices.

Seasonal Adjustment

Seasonal adjustment is conducted using the direct seasonal adjustment approach. Under this approach, each individual time series is independently adjusted, i.e. aggregate series are adjusted without reference to the component series. This direct approach is applied to GDP and GNP and the seasonally adjusted GDP and GNP are not derived as the sum of the seasonally adjusted components (such as Personal Consumption, Exports etc.) but rather by seasonally adjusting the unadjusted values of GDP and GNP as shown in Tables 1 - 4. On this account, and also because of the statistical discrepancy in the original series, the sum of the seasonally adjusted components of GDP and GNP do not add to the respective seasonally adjusted GDP and GNP series. As part of the seasonal adjustment process, ARIMA models are identified for each series based on unadjusted data spanning Q1 1995 to Q1 2019. These models are then applied to the entire series (Q1 1995 to Q2 2019). Seasonal factors and the parameters of the ARIMA models are updated each quarter.

The adjustments are completed by applying the X-13-ARIMA model, developed by the U.S. Census Bureau to the unadjusted data.  This methodology estimates seasonal factors while also taking into consideration factors that impact on the quality of the seasonal adjustment such as:

• Calendar effects, e.g. the timing of Easter,

• Outliers, temporary changes and level shifts in the series. 

For additional information on the use of X-13-ARIMA see https://www.census.gov/srd/www/winx13/

upArrowHide Background Notes

Scan the QR code below to view this release online or go to
http://www.cso.ie/en/releasesandpublications/er/na/quarterlynationalaccountsquarter22019/