Gross Domestic Product in 2013 preliminary estimate
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According to the preliminary estimate, the increase of real gross domestic product (GDP) (constant average prices of the previous year) in 2013 was1.6 %. In 2012 in comparison to 2011 GDP growth was 1.9 %.
GDP growth resulted mainly from positive impact of net exports and total consumption expenditure with almost neutral impact of gross fixed capital formation.
Gross value added in national economy in 2013 increased by 1.5 % compared with the previous year and 1.9 % in 2012 respectively.
Gross value added in industry in 2013 was 2.9 % higher than in 2012 compared with the increase of 1.8 % in 2012.
Gross value added in construction in 2013was 9.0 % lower thanin the previous year compared with the increase of 0.3 % in 2012.
Gross value added in trade and repair in 2013was 1.7 % higher thanin the previous year compared with the increase of 1.2 % in 2012.
Gross value added in transportation and storage in 2013was 4.5 % higher thanin the previous year compared with the increase of 7.9 % in 2012.
Domestic uses in 2013 was 0.2 % lower than in 2012, while GDP volume growth rate was 1.6 %. In 2012 domestic uses was 0.1 % lower, while GDP volume growth rate was 1.9 %.
Total consumption expenditure in 2013 increased by 1.1 % compared with the previous year, in which individual consumption expenditure rose by 0.8 % (in 2012 the growth was 1.0 % and 1.2 % respectively).
Gross capital formation in 2013 was down 5.0 % on a year earlier, in which gross fixed capital formation – thedecrease of 0.4 % (in 2012 thedecrease of 4.2 and 1.7 % respectively). Investment rate (relation of gross fixed capital formation to gross domestic product at current prices) was 18.4 % while in 2012 was 19.1 %.
