- Statistical Series
- 19. September 2014
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Vol 99,
Issue 29
- ISSN: 1670-4665
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The revised annual national accounts for 2013 show a 3.5% increase in Gross Domestic Product (GDP) in real terms. In 2012, GDP increased by 1.1% and by 2.7% in 2011. The economic growth in 2013 is mainly driven by a large surplus in the balance of trade while the domestic final expenditure decreased slightly or by 0.3%. Household and government final consumption increased by 0.8% respectively while gross fixed capital formation decreased by 2.2%.