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Press release

Quarterly national accounts - forth quarter 2023

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In the fourth quarter of 2023 the seasonally and calendar adjusted, chained volume measure of Gross Domestic Product (GDP) increased by 0.2% with respect to the previous quarter and by 0.6% in comparison with the fourth quarter of 2022.

Compared to previous quarter, final consumption expenditure decreased by 0.9%, gross fixed capital formation increased by 2.4%, imports and exports increased by 0.2% and 1.2% respectively.

With respect to the fourth quarter of 2022, final consumption expenditure increased by 0.5%, gross fixed capital formation by 5%, imports decreased by 0.3%, and exports by 0.1%.

The carry-over annual GDP growth for 2024 is equal to +0.2%.

Reference period: forth quarter 2023

Date of Issue: 05 March 2024

Next release: 31 may 2024

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