Quarterly national accounts - Third quarter 2023

In the third quarter of 2023 the seasonally and calendar adjusted, chained volume measure of Gross Domestic Product (GDP) increased by 0.1 per cent in comparison with both the previous quarter and the third quarter of 2022.

Compared to previous quarter, final consumption expenditure increased by 0.6 per cent, gross fixed capital formation decreased by 0.1 per cent, imports decreased by 2 per cent and exports increased by 0.6 per cent.

With respect to the third quarter of 2022, final consumption expenditure decreased by 0.2 per cent, gross fixed capital formation by 0.2 per cent, imports by 3.2 per cent, and exports by 0.4 per cent.

The carry-over annual GDP growth for 2023 is equal to +0.7%.