Quarterly national accounts, 4th quarter 2009

  • Statistical Series
  • 05. March 2010
  • Vol 95, Issue 15
  • ISSN: 1670-4665

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In real terms, seasonally adjusted GDP in the 4th quarter of 2009 increased by 3.3% from the previous quarter. While government final consumption decreased by 1.1%, gross fixed capital formation grew by 16.6%, mainly due to one-off investment in ships and aircraft. Household final consumption increased by 1.4%. Favourable changes to the trade balance added to the 2.7% growth in domestic expenditure. Exports rose by 3% and imports by 1.5% in the quarter.

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