Quarterly national accounts

In the fourth quarter of 2009 the seasonally and calendar adjusted, chained volume measure of Gross Domestic Product (GDP) decreased by 0.3 per cent with respect to the third quarter and by 3.0 per cent in comparison with the fourth quarter of 2008. Over the whole year 2009, working days adjusted GDP declined by 5.1 per cent, while non working days adjusted GDP declined by 5.0 per cent.

Compared to the third quarter, final consumption expenditure declined by 0.1 per cent, gross fixed capital formation fell by 1.0 per cent; imports and exports increased by 3.2 per cent and 0.1 per cent respectively.
With respect to the fourth quarter of 2008, final consumption expenditure decreased by 0.3 per cent, gross fixed capital formation by 7.4 per cent, imports by 7.6 per cent and exports by 11.4 per cent.