National accounts q4 2010

National Accounts Updates

Q4 2010

38,000

40,000

42,000

44,000

46,000

48,000

50,000

€,

mill

ion

s

2005 2006 2007 2008 2009 2010

Quarterly GDP

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Source: CSO, Quarterly National Accounts

Seasonally adjusted Quarterly GDP at constant market prices

Gross Domestic Product

0

5,000

10,000

15,000

20,000

25,000

€,

mill

ion

s

2005 2006 2007 2008 2009 2010

Consumption Investment Government



Seasonally adjusted components of GDP at constant market prices

Domestic Components of GDP

40

60

80

100

120

2006 2007 2008 2009 2010

Consumption

Investment

Government


Seasonally adjusted at constant market prices (Q1 2006 = 100)

Domestic Components of GDP

34,000

37,000

40,000

43,000

€,

mill

ion

s

2003 2004 2005 2006 2007 2008 2009 2010

C + I + G


Source: Central Statistics Office


Domestic Component of GDP

26,000

30,000

34,000

38,000

42,000

€,

mill

ion

s

2005 2006 2007 2008 2009 2010

Exports

Imports


Source: CSO: Quarterly National Accounts

Seasonally adjusted exports and imports at constant market prices

Trade Components of GDP

2,000

4,000

6,000

8,000

€,

mill

ion

s

2005 2006 2007 2008 2009 2010

Net Exports (X - M)




Trade Component GDP

50

100

150

200

250

Ind

ex

2007 2008 2009 2010

Net Exports

Domestic Economy



Index of the components of GDP at constant market prices, Q1 2007 = 100

The Domestic and Trading Economies

-12,000

-8,000

-4,000

0

4,000

€,

mill

ion

s

2008 2009 2010

Domestic Economy

Net Exports



Contribution of the components of GDP at constant market prices to change in GDP

Change in the Domestic and Trading Economies

30,000

35,000

40,000

45,000

50,000

€,

mill

ion

s

C05 C06 C07 C08 C09 C10

GDP

GNP



Seasonally adjusted GDP and GNP at constant market prices

Quarterly GDP and GNP

75

80

85

90

Pe

rce

nt

Q3 05 Q3 06 Q3 07 Q3 08 Q3 09 Q3 10

GNP/GDP Ratio



Impact of Net Factor Income from Abroad (NFIA) onseasonally adjusted National Income at Current Market Prices

Ratio of GNP to GDP

-8,000

-7,000

-6,000

-5,000

€,

mill

ion

s

Q3 05 Q3 06 Q3 07 Q3 08 Q3 09 Q3 10

Net Factor Incomefrom Abroad



Seasonally adjusted NFIA at constant market prices by Quarter

Net Factor Income from Abroad

20,000

30,000

40,000

50,000

€,

mill

ion

s

Q1 98 Q1 00 Q1 02 Q1 04 Q1 06 Q1 08 Q1 10

GDP

GNP




Quarterly GDP and GNP

-6

-3

0

3

6

Gro

wth

Ra

te,

%

Q3 05 Q3 06 Q3 07 Q3 08 Q3 09 Q3 10

Quarterly GDPGrowth Rate



Seasonally adjusted GDP at constant market prices

Quarterly GDP Growth Rate

-5.0

-2.5

0.0

2.5

5.0

Gro

wth

Ra

te,

%

Q1 05 Q1 06 Q1 07 Q1 08 Q1 09 Q1 10

Quarterly GDP Growth Rate

Quarterly GNP Growth Rate




Quarterly GDP Growth Rates

-10

-5

0

5

10

Gro

wth

Ra

te,

%

Q1 05 Q1 06 Q1 07 Q1 08 Q1 09 Q1 10

Annual GDP Growth Rate



Seasonally adjusted GDP at constant market prices

Annual GDP Growth Rates

-10

-5

0

5

10

Gro

wth

Ra

te,

%

Q1 05 Q1 06 Q1 07 Q1 08 Q1 09 Q1 10

GDP

GNP




Annual GDP and GNP Growth Rates

80

85

90

95

100

Ind

ex

Q4 07 Q2 08 Q4 08 Q2 09 Q4 09 Q2 10

GDP GNP


Source: Central Statistics Office Yellow Line: Recession - two quarters of negative growthRed Line: Depression - contraction of 10% of economic activityBlack Line: End of Recession - quarter of positive growth

Seasonally adjusted GDP and GNP at constant market pricesGDP and GNP Indices Q4 2007 = 100

38,000

41,000

44,000

47,000

€,

mill

ion

s

Q3 05 Q3 06 Q3 07 Q3 08 Q3 09 Q3 10

Constant (2008) Prices

Current Prices



Seasonally adjusted expenditure on GDP

Quarterly GDP in Constant and Current Prices

30,000

33,000

36,000

39,000

42,000

€,

mill

ion

s

Q3 05 Q3 06 Q3 07 Q3 08 Q3 09 Q3 10

Constant (2008) Prices

Current Prices



Seasonally adjusted expenditure on GDP

Quarterly GNP in Constant and Current Prices

5,000

10,000

15,000

20,000

€,

mill

ion

s

2007 2008 2009 2010

Other Services

Industry & Utils

Transport & Comms

Building & Const

Pub Admin. & Def

Agri, Forest & Fish



Seasonally adjusted GDP at constant factor cost by sector

Quarterly Gross Domestic Product

40

60

80

100

120

2006 2007 2008 2009 2010

Other Services

Industry & Utilities

Transport & Communications

Building & Construction

Pub Admin. & Defence

Agriculture, Forest & Fisheries



Seasonally adjusted GDP at constant factor cost by sector (Q1 2006 = 100)


80

90

100

110

120

130

2006 2007 2008 2009 2010

Other Services

Industry & Utils

Transport & Comms

Pub Admin. & Def

Agri, Forest & Fish



Seasonally adjusted GDP at constant factor cost by sector


9,000

12,000

15,000

18,000

21,000

€,

mill

ion

s

2005 2006 2007 2008 2009 2010

Services Imports

Goods Imports



Quarterly imports at current market prices

Goods and Services Imports

12,000

15,000

18,000

21,000

€,

mill

ion

s

2005 2006 2007 2008 2009 2010

Goods Exports

Services Exports



Quarterly exports at current market prices

Goods and Services Exports

9,000

12,000

15,000

18,000

21,000

€,

mill

ion

s

2005 2006 2007 2008 2009 2010

Goods Exports

Goods Imports




Goods Exports and Imports

9,000

12,000

15,000

18,000

21,000

€,

mill

ion

s

2005 2006 2007 2008 2009 2010

Service Imports

Service Exports




servs Exports and Imports

-5,000

0

5,000

10,000

€,

mill

ion

s

2005 2006 2007 2008 2009 2010

Balance of Goods

Balance of Services



Quarterly balance of trade at current market prices

Balance of Trade in Goods and Services

National accounts q4 2010

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