Gross fixed capital formation by type and by sector; National Accounts
| Institutional sectors | Periods | Value at current prices Sales of used fixed assets (-) (million euros) | Value at current prices Gross fixed capital formation (million euros) | Value at prices of 2021 Sales of used fixed assets (-) (million euros) | Value at prices of 2021 Gross fixed capital formation (million euros) |
|---|---|---|---|---|---|
| Total domestic sectors | 2024* | 5,556 | 222,797 | 4,738 | 192,679 |
| Corporations, households and NPISHs | 2024* | 4,653 | 185,902 | 3,925 | 161,034 |
| General government | 2024* | 903 | 36,895 | 816 | 31,630 |
| Source: CBS. | |||||
Table explanation
This table provides figures on fixed capital formation by type of assets and by institutional sectors. It shows which assets have been purchased by which sector. Thse assets are used in a production process for more than one year.
Data available from: 1995.
Status of the figures:
Data from 1995 up to and including 2023 are final. Data of 2024 are provisional.
Changes as of June 24th 2025:
Data of 2024 have been added to this table.
When will new figures be published?
Provisional data are published 6 months after the end of the reporting year. Final data are released 18 months after the end of the reporting year.
Description topics
- Value at current prices
- The values are expressed at prices of the reporting period. Alternatively, values may be expressed at constant prices. In this case, prices of a reference period are used.
- Sales of used fixed assets (-)
- Sales of used fixed assets (-).
- Gross fixed capital formation
- Expenditure on produced assets that are used in a production process for more than one year. This may concern a building, dwelling, transport equipment or a machine. This in contrast with goods and services which are used up during the production process, the so-called intermediate use (e.g. iron ore). Fixed capital does lose value over time as a result of normal wear and tear and obsolescence. This is called consumption of fixed capital (also called depreciation). The value of fixed capital formation in which the consumption of fixed capital is not deducted is called gross fixed capital formation. Deduction of the consumption of fixed capital results in net fixed capital formation.
The following types of fixed assets exist: dwellings and other buildings and structures, machinery and equipment, transport equipment, weapon systems (included in machinery and equipment), computers, software, telecommunication equipment, research and development, cultivated biological resources, mineral exploration and evaluation, and costs of ownership transfer on non-produced assets, like land, contracts, leases and licences.
- Value at prices of 2021
- The values are expressed at prices of the reference period 2021 by taking account of inflation. Alternatively, values may be expressed at prices of the reporting period.
- Sales of used fixed assets (-)
- Sales of used fixed assets (-).
- Gross fixed capital formation
- Expenditure on produced assets that are used in a production process for more than one year. This may concern a building, dwelling, transport equipment or a machine. This in contrast with goods and services which are used up during the production process, the so-called intermediate use (e.g. iron ore). Fixed capital does lose value over time as a result of normal wear and tear and obsolescence. This is called consumption of fixed capital (also called depreciation). The value of fixed capital formation in which the consumption of fixed capital is not deducted is called gross fixed capital formation. Deduction of the consumption of fixed capital results in net fixed capital formation.
The following types of fixed assets exist: dwellings and other buildings and structures, machinery and equipment, transport equipment, weapon systems (included in machinery and equipment), computers, software, telecommunication equipment, research and development, cultivated biological resources, mineral exploration and evaluation, and costs of ownership transfer on non-produced assets, like land, contracts, leases and licences.