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Press release

Quarterly national accounts - Fourth quarter 2021

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In the fourth quarter of 2021 the seasonally and calendar adjusted, chained volume measure of Gross Domestic Product (Gdp) increased by 0.6 per cent to the previous quarter and by 6.2% in comparison with the fourth quarter of 2020.

Compared to previous quarter, final consumption expenditure increased by 0.2 per cent, gross fixed capital formation by 2.8 per cent, imports by 4.2 per cent and exports remained unchanged.

With respect to the fourth quarter of 2020, final consumption expenditure increased by 5.4 per cent, gross fixed capital formation by 12.7 per cent, imports by 14 per cent, and exports by 8.4 per cent.

The carry-over annual GDP growth for 2022 is equal to +2.3%.

Reference period: Fourth quarter 2021

Date of Issue: 04 March 2022

Next release: 31 May 2022

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