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  • GDP increased in the first quarter 2024

    GDP increased by 0.7 percent in the first quarter 2024, seasonally adjusted and compared with the previous quarter. The largest contribution was from changes in inventories. Calendar adjusted and compared with the first quarter of 2023, GDP increased by 0.7 percent.

  • GDP decreased in the fourth quarter 2023

    GDP decreased by 0.1 percent in the fourth quarter 2023, seasonally adjusted and compared with the previous quarter. The downturn is mainly explained by a decrease in gross fixed capital formation and net exports. Calendar adjusted and compared with the fourth quarter of 2022, GDP decreased by 0.2 percent. GDP in the full year of 2023 decreased by 0.2 percent compared with 2022.

  • GDP decreased in the third quarter 2023

    GDP decreased by 0.3 percent in the third quarter 2023, seasonally adjusted and compared with the previous quarter. The downturn is mainly explained by a decrease in inventories and reduced household consumption. Calendar adjusted and compared with the third quarter of 2022, GDP decreased by 1.4 percent.

  • GDP decreased in the second quarter 2023

    GDP decreased by 0.8 percent in the second quarter 2023, seasonally adjusted and compared with the first quarter 2023. The downturn is mainly explained by reduced exports of goods and by a decrease in inventories. Calendar adjusted and compared with the second quarter of 2022, GDP decreased by 1.0 percent.

  • GDP increased in the first quarter 2023

    GDP increased by 0.6 percent in the first quarter 2023, seasonally adjusted and compared with the fourth quarter 2022. The upturn is mainly explained by an increase in inventories and by a strong growth in the export of goods. Calendar adjusted and compared with the first quarter of 2022, GDP increased by 0.8 percent.