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Press release

Quarterly national accounts

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In the fourth quarter of 2014 the seasonally and calendar adjusted, chained volume measure of Gross Domestic Product (GDP) remained unchanged with respect to the third quarter of 2014 and decreased by 0.5 per cent in comparison with the fourth quarter of 2013.

Compared to the third quarter of 2014, final consumption expenditure increased by 0.2 per cent, gross fixed capital formation by 0.2 per cent; imports by 0.3 per cent and exports by 1.6 per cent.

With respect to the fourth quarter of 2013, final consumption expenditure decreased by 0.3 per cent, gross fixed capital formation by -3.0 per cent and imports by 2.0 per cent, while exports increased by 3.8 per cent.

Reference period: IV quarter 2014

Date of Issue: 05 March 2015

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