Gross Domestic Product 2016 Revision
The revised annual national accounts for 2016 show a 7.4% increase in Gross Domestic Product (GDP) in real terms. In 2015 GDP increased by 4.7% and by 3.3% in 2014. The economic growth in 2016 is mainly driven by an 8.9% increase in the gross domestic final expenditure, the largest increase since 2006. 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