Economic forecast, Winter- revision
- Statistical Series
- 22. February 2019
- Vol 104, Issue 4
- ISSN: 1670-4770
- Download PDF
GDP is expected to increase by 1.7% in 2019. The growth is significantly lower than the 4.4% average growth rate for the last five years. The worsening economic outlook for this year is mostly derived from lower than expected exports, with 3% increase in gross national expenditure. GDP growth is expected to be between 2.5-2.8% in the next years.