Compared to the first variant, provisional data I show that the country’s nominal GDP estimated for 2023 inched up 0.1%, from 2%.
The following industries had significant positive contributions to the GDP increase in 2023 versus 2022:
– Agriculture, forestry and fishing (+0.4%), with a share in GDP (3.9%), but whose activity volume increased by 10.2%;
– Construction (+0.8%), with a share in GDP (8.1%), but whose activity volume increased by 11.0%;
– Wholesale and retail; motor-vehicles and motorcycles repair; transport and storage; hotels and restaurants (+0.2%), with a share of 20.5% in GDP, whose activity volume increased by 0.8%;
– Information and communication (+0.4%), with a share in GDP (7.1%), but whose activity volume increased by 5.1%;
– Real estate activities (+0.1%), with a share of 7.3% in GDP, whose activity volume increased by 1.6%;
– Professional, scientific and technical activities; activities of administrative services and support services (+0.3%), with a share of 8.2% in GDP, whose activity volume increased by 3.6%;
– Public administration and defense; social insurance of public sector; education; health and social assistance (+0.1%), with a share of 11.9% in GDP, whose activity volume increased by 0.9%;
– Shows, culture and recreation activities; repair of households goods and other services (+0.1%), with a share of 2.8% in GDP, whose activity volume increased by 5.1%.
Mining and quarrying; manufacturing; electricity, gas, steam and air conditioning production and supply; water supply; sewerage, waste management and decontamination activities recorded a negative contribution (-0.5%), because of activity volume which decreased by 2.3%.
Also, a positive contribution had the net taxes on product (+0.2%) these ones recording a volume increase of 3.0%.
From GDP uses standpoint, the increase was mainly due to:
– Final consumption expenditure of households, whose volume increased by 2.9%, with a contribution of +1.8% to GDP growth rate;
– Individual final consumption expenditure of General government whose volume increased by 2.8%, with a contribution of +0.2% to GDP growth rate;
– Collective final consumption expenditure of General government whose volume increased by 2.9%, with a contribution of +0.3% to GDP growth rate;
– Gross fixed capital formation, whose volume increased by 12.0%, with a contribution of +2.9% to GDP growth rate.
Both exports and imports of goods and services had a negative contribution to the change in GDP (-0.9%), as a result of the decrease in their volume by 2.1% and 1.8%, respectively.
The GDP in the fourth quarter of 2023 was, in real terms, lower by 0.5% compared to the third quarter of 2023;
Compared to the same quarter of 2022, the country’s GDP grew by 3.0% for in unadjusted data and by 1.1% in seasonally adjusted data;