Non-seasonally adjusted figures indicate a year over year increase in real GDP by 11.3% for the 4th quarter of 2016. This is the highest increase ever recorded since the fourth quarter, 2007. Total domestic expenditure increased by 8.4%. Household final consumption increased by 7.2%, government final consumption by 1.7% and gross fixed capital formation by 18.6%. At the same time exports grew by 14% and imports by 8.8%.
Seasonally adjusted GDP in the 4th quarter of 2016 increased by 2.6% from the previous quarter.