In seasonally adjusted data, the country’s GDP estimated for the fourth quarter of 2018 increased by 0.7% in real terms against the third quarter of 2018 and by 4.0% against the fourth quarter of 2017.
The GDP estimated for the fourth quarter of 2018 grew by 4.1% in real terms against the fourth quarter of 2017.
The GDP estimated for the year 2018 rose by 4.1% in real terms against the year 2017.
Almost all industries contributed to the GDP increase in the year 2018 as against 2017. Significant positive contributions had the following industries: Industry (+1.0%), with a share of 23.7% in GDP, whose activity volume increased by 4.1 %; Wholesale and retail; motor-vehicles and motorcycles repair; transport and storage; hotels and restaurants (+0.7%), with a share of 18.3% in GDP, whose activity volume increased by 3.9%; Agriculture, forestry and fishing (+0.4%), with a smaller share in GDP (4.4%), but which recorded a significant increase in activity volume (9.9%); Information and communication (+0.4%), with a share of 5.2% in GDP, whose activity volume increased by 7.0 %; Professional, scientific and technical activities; activities of administrative services and support services (+0.4%), with a share of 7.3% in GDP, whose activity volume increased by 5.7 %; Net taxes on products (+1.0%), with a share in GDP of 9.5%, which recorded an increase in activity volume by 10.1%.
Construction activities recorded a negative contribution to GDP growth rate (-0.3%) as a result of the volume decrease by 5.6%.
A negative contribution to the GDP growth rate was recorded by: gross fixed capital formation, with a contribution of -0.7%, as a consequence of the decrease by 3.2% of its volume; net export with a contribution of -1.8%, being influenced by the volume increase of exports of goods and services, by 4.7%, in correlation with a higher increase of the volume of imports of goods and service, by 8.6%.