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Press release

Quarterly national accounts

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In the fourth quarter of 2018 the seasonally and calendar adjusted, chained volume measure of Gross Domestic Product (GDP) decreased by 0.1 per cent with respect to the previous quarter and remained stable in comparison with the fourth quarter of 2017.

Compared to previous quarter, final consumption expenditure increased by 0.1 per cent, gross fixed capital formation by 0.3 per cent, imports and exports by 0.7 per cent and 1.3 per cent respectively.

With respect to the fourth quarter of 2017, final consumption expenditure increased by 0.4 per cent, gross fixed capital formation by 0.1 per cent, imports by 0.8 per cent, and exports by 0.9 per cent.

The carry-over annual GDP rate of change for 2019 is equal to -0.1%.

Reference period: Fourth quarter 2018

Date of Issue: 05 March 2019

Next release: 31 May 2019

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