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Press release

Quarterly national accounts - Fourth quarter 2022

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In the fourth quarter of 2022 the seasonally and calendar adjusted, chained volume measure of Gross Domestic Product (GDP) decreased by 0.1% over the previous quarter and increased by 1.4% in comparison with the fourth quarter of 2021.

Compared to previous quarter, final consumption expenditure decreased by 1.1%, gross fixed capital formation increased by 2%, imports decreased by 1.7% and exports increased by 2.6%.

With respect to the fourth quarter of 2021, final consumption expenditure increased by 1%, gross fixed capital formation by 6.8%, imports by 6.5% and exports by 9.9%.

The carry-over annual GDP growth for 2023 is equal to 0.4%.

Reference period: Fourth quarter 2022

Date of Issue: 03 March 2023

Next release: 31 May 2023

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