In the fourth quarter of 2022, the GDP was 4.0% higher in real terms than in the same quarter of 2021

According to the first estimate, the annual GDP increased in real terms by 6.3%

In the fourth quarter of 2022, the GDP was 4.0% higher in real terms than in the same quarter of 2021.
 
The first estimate shows that the quarterly gross value added (GVA) increased in real terms by 3.1% in the fourth quarter of 2022 compared to the same quarter of 2021, based on non-adjusted data. The quarterly growth of GVA was recorded in most activity groups and it was mostly influenced by Wholesale and retail trade, Transportation and storage, and Accommodation and food service activities.
 
Household consumption increased in real terms by 1.3% in the fourth quarter of 2022, mainly due to an increase in turnover from hotel and restaurant services, from transport services and from retail trade.

Government spending increased by 6.8% in real terms in the fourth quarter of 2022 compared to the same period of the previous year.

In the fourth quarter of 2022, the export of goods and services recorded a growth in real terms of 14.2%, while the import of goods and services recorded a growth in real terms of 14.6%.

The estimate at the level of the entire 2022 shows an increase in the GDP in real terms of 6.3%, while, concerning the gross value added, this increase was 6.4%.

Find out more information in the First Release.

News