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Theme: Gross Domestic Product


Gross Domestic Product, first quarter of 2024

03.06.2024


According to the estimated data, the growth rate of the Gross Domestic Product (GDP) in the first quarter of 2024 was 1.2%.
In this quarter of 2024, the bigger increase was recorded in sections: R, S and T - Arts, entertainment and recreation; Other service activities;
Activities of households as employers; undifferentiated goods- and services-producing activities of households for own use by 19.6%, M
and N - Professional, scientific and technical activities; administrative and support service activities by 7.5% and G, H and I - Wholesale and
retail trade; repair of motor vehicles and motorcycles; Transportation and storage; Accommodation and food service activities by 6.9%.
In the first quarter of 2024, Household final consumption, including Non-profit institutions serving households, increased by 4.8% in
nominal terms, and its share in the GDP structure was 72.0%.
In the same period, Export of goods and services decreased by 6.0% in nominal terms, while import of goods and services increased by
0.5%.
Gross capital formation in the first quarter of 2024 registered the increase in gross fixed capital formation (in machinery and equipment and
in transport equipment) and in changes in inventories too.





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