Gross Domestic Product 2017

  • Statistical Series
  • 09. March 2018
  • Vol 103, Issue 11
  • ISSN: 1670-4770

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The preliminary annual national accounts for 2017 show a 3.6% increase in Gross Domestic Product (GDP) in real terms. In 2016, GDP increased by 7.5% and by 4.3% in 2015. The economic growth in 2017 is mainly driven by a large increase in the gross domestic final expenditure. Despite a large foreign trade surplus in 2017, a higher growth in imports compared to that of exports contributed to a decreased growth in GDP.

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