In the first quarter of 2025, the GDP in real terms increased by 2.9% compared to the same quarter of 2024

Economic activity has been showing an annual growth for seventeen quarters in a row now

In the first quarter of 2025, the GDP in real terms increased by 2.9% compared to the same quarter of 2024.

The first estimate shows that the quarterly gross value added (GVA) increased in real terms by 2.7% in the first quarter of 2025, as compared to the same quarter of 2024, based on non-adjusted data. The quarterly growth of GDV was observable in most activity sections, i.e., it only decreased in Agriculture, forestry and fishing and in Information and communication.

The household expenditure in real terms increased by 1.7% in the first quarter of 2025, which was mainly affected by the increase in the turnover from retail trade and from accommodation and food service activities.

In the first quarter of 2025, the general government final consumption expenditure in real terms increased by 5.8% compared to the same quarter last year.

In the first quarter of 2025, the exports of goods and services in real terms grew by 6.0%, while the imports of goods and services increased in real terms by 8.8%.

Find out more information in the First Release.

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