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Press release

Quarterly national accounts - Second quarter 2022

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In the second quarter of 2022 the seasonally and calendar adjusted, chained volume measure of Gross Domestic Product (GDP) increased by 1.1 per cent to the previous quarter and by 4.7% in comparison with the second quarter of 2021.

Compared to previous quarter, both final consumption expenditure and gross fixed capital formation increased by 1.7 per cent, imports by 3.3 per cent and exports by 2.5 per cent.

With respect to the second quarter of 2021, final consumption expenditure increased by 3.3 per cent, gross fixed capital formation by 11.3 per cent, imports by 17.1 per cent, and exports by 12.3 per cent.

The carry-over annual GDP growth for 2022 is equal to +3.5%.

Reference period: Second quarter 2022

Date of Issue: 01 September 2022

Next release: 5 October 2022

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