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Pressmeddelande

New release of GDP due to a correction

Last updated: 2023-03-03

On Monday, March 6th, National Accounts for the fourth quarter of 2022 will be corrected. The correction is due to a late update affecting foreign trade. The correction implies revisions to GDP and several of its components.

The correction implies that non-adjusted GDP-growth for the fourth quarter compared with the same quarter 2021, is revised upwards from -0.9 percent to -0.2 percent. Seasonally adjusted GDP-growth for the fourth quarter 2022 is revised upwards from -0.9 percent to -0.5 percent, compared with the third quarter 2022.

GDP-growth for the calendar year 2022, is 2.6 percent, as compared to previously published 2.4 percent. Since the correction affects the balancing of GDP, it has implied certain revisions for several GDP components.

Updated figures for the fourth quarter of 2022 will be released at 8.00 am on March 6th.

What is GDP?

Gross domestic product, GDP, is defined as the value of all goods and services produced in the country. GDP is used as a measure of economic growth and is published quarterly.