Non-seasonally adjusted figures indicate a year over year increase in real GDP by 10.2% for the 3rd quarter of 2016. This high growth in real GDP largely reflects positive contribution from net foreign trade, but export increased in real terms by 16.4% compared to the same period in 2015. Seasonally adjusted GDP in the 3rd quarter of 2016 increased by 4.7% from the previous quarter.

In real terms, non-seasonally adjusted Gross Domestic Product (GDP) increased by 6.2% for the first three quarters of 2016 compared with the same period of 2015. Total domestic final expenditure increased by 9.3%. Private final consumption increased by 6.7%, government final consumption by 1.1% and gross fixed capital formation by 27.4%. At the same time exports grew by 16.6% and imports grew by 10.0%.


Quarterly national accounts, 3rd quarter 2016 - Statistical Series


Statistics (see Quarterly GDP 1997-2016)