Navigation Path: Home > Statistics > Prices, output, demand and labour > National accounts and output indicators > 2003 Q4

Contributions to quarter-on-quarter volume growth of GDP and expenditure components ¹⁾: 2003 Q4

(contributions to quarter-on-quarter percentage changes of GDP in percentage points)

This table shows the volume growth of GDP and the contributions to GDP growth of the main expenditure components for the euro area and the euro area countries. Additionally, it shows the individual contributions of euro area countries to euro area GDP growth.

		Euro area²⁾	BE	DE	EE	IE	GR	ES	FR	IT	CY	LU	MT	NL	AT	PT	SI	SK	FI
Legend: - related data do not exist or are subject to statistical confidentiality · data are not yet available Italics Country data are shown in grey and italics for periods prior to a country's entry into the euro area
Notes: Seasonally adjusted for Ireland, Cyprus, Luxembourg and Portugal. Seasonally and working day-adjusted for all other countries. ECB calculations based on Eurostat data. National contributions may not add up exactly to the euro area GDP growth rate due to rounding. The euro area aggregate for the whole time series refers to the Euro 17. When computing the contribution of net trade to GDP, it may be noted that it is not yet possible to allocate the imports to the final demand categories in which they were directly or indirectly used. Including acquisitions less disposals of valuables. Euro area exports and imports cover goods and services and include cross-border intra-euro area trade.
1. GDP		0.7	0.7	0.4	2.4	5.8	1.2	1.1	0.7	0.7	1.3	2.3	1.5	0.5	0.1	0.1	0.8	1.6	0.5
	1.1. Contributions to euro area aggregate	-	0.0	0.1	0.0	0.1	0.0	0.1	0.1	0.1	0.0	·	0.0	0.0	0.0	0.0	0.0	0.0	0.0
2. Expenditure components³⁾
	2.1. Private final consumption	0.2	0.5	0.1	-0.1	0.4	0.8	0.6	0.0	-0.1	0.9	-0.2	6.7	0.2	0.2	0.4	0.1	0.5	0.0
	2.2. Government final consumption	0.1	0.1	0.0	0.2	0.4	0.2	0.3	0.2	0.0	1.4	0.1	0.6	0.0	0.0	0.1	0.0	1.1	0.1
	2.3. Gross fixed capital formation	0.1	-0.2	0.0	1.1	1.9	-0.2	0.5	0.1	0.2	0.7	-0.7	1.1	0.2	0.1	-0.3	0.3	0.1	0.0
	2.4. Changes in inventories⁴⁾	0.3	0.4	0.4	-1.2	0.2	0.4	0.0	0.3	0.6	-2.3	-3.7	-4.1	0.1	-1.0	0.2	-0.3	-0.9	0.9
	2.5. Exports⁵⁾	0.8	1.5	0.7	3.8	4.9	0.8	0.5	0.5	0.4	0.4	7.9	-2.1	1.3	1.4	0.4	0.9	-0.9	-0.3
	2.6. Imports⁵⁾	-0.7	-1.6	-0.8	-1.3	-2.0	-0.8	-0.9	-0.5	-0.5	0.3	-1.1	-0.7	-1.3	-0.6	-0.7	-0.1	1.6	-0.3