In real terms, non-seasonally adjusted Gross Domestic Product (GDP) for the first two quarters of 2014 increased by 0.6% compared with the same period of 2013. Total domestic final expenditure increased by 2.8%. Household final consumption increased by 4%, government final consumption by 1.1% and gross fixed capital formation by 7.8%. At the same time balance of trade in goods and services worsened, exports grew by 3.7% and imports grew by 9%.

Non-seasonally adjusted figures indicate a year over year (YOY) increase in GDP by 2.4% for the 2nd quarter of 2014. Total domestic expenditure increased by 4.2%. Household final consumption increased by 4.2%, government final consumption by 1.3% and gross fixed capital formation by 3.7%. At the same time balance of trade in goods and services worsened, exports grew by 3.4% and imports grew by 7.2%.


Quarterly national accounts, 2nd quarter 2014 - Statistical Series

Statistics (see Quarterly GDP 1997-2014)