Gross Domestic Product 2016
The preliminary annual national accounts for 2016 show a 7.2% increase in Gross Domestic Product (GDP) in real terms. In 2015, GDP increased by 4.1% and by 1.9% in 2014. The economic growth in 2016 is mainly driven by a large increase in the gross domestic final expenditure. Despite a large foreign trade surplus in 2016, a higher growth in imports compared to that of exports contributed to a decreased growth in GDP.