State Statistical Office: Gross Domestic Product, fourth quarter of 2023

Theme: Gross Domestic Product

Gross Domestic Product, fourth quarter of 2023

07.03.2024

According to the estimated data, the growth rate of the Gross Domestic Product (GDP) in the fourth quarter of 2023 was 0.9%.

In this quarter of 2023, the bigger increase was recorded in sections: F- Construction by 5.5% and K- Financial and insurance activities by

3.5%.

In the fourth quarter of 2023, Household final consumption, including Non-profit institutions serving households, increased by 5.8% in

nominal terms, and its share in the GDP structure was 70.9%.

In the same period, Export of goods and services increased by 0.1% in nominal terms, while import of goods and services decreased by

5.3%.

Gross capital formation in the fourth quarter of 2023 registered the decrease in changes in inventories.

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