Gross Domestic Product in 2015 - preliminary estimate

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26.01.2016

According to the preliminary estimate, the increase of real gross domestic product (GDP) in 2015 was 3.6 % against 3.3 % in 2014  (constant average prices of the previous year).

Gross value added in national economy in 2015 increased by 3.4 % compared with
the previous year and 3.3 % in 2014 respectively.

Gross value added in industry in 2015 was 5.4 % higher than in 2014 compared with the increase of 4.0 % in 2014.

Gross value added in construction in 2015 was 4.4 % higher than in the previous year compared with the increase of 5.0 % in 2014.

Gross value added in trade and repair in 2015 was 3.1 % higher than in the previous year compared with the decrease of 0.6 % in 2014.

Gross value added in transportation and storage in 2015 was 0.7 % higher than in
the previous year compared with the increase of 5.9 % in 2014.

Domestic uses in 2015 was 3.4 % higher than in 2014, while GDP volume growth rate was 3.6 %. In 2014 domestic uses was 4.9 % higher, while GDP volume growth rate was 3.3 %.

Total consumption expenditure in 2015 increased by 3.2 % compared with the previous year, in which consumption expenditure in the households sector rose by 3.1 %
(in 2014 the growth was 3.1 % and 2.6 % respectively).

Gross capital formation in 2015 was higher 4.2 % on a year earlier, in which gross fixed capital formation – the increase of 6.1 % (in 2014 the increase of 12.6 % and the increase of 9.8 % was noted respectively). Investment rate (relation of gross fixed capital formation to gross domestic product at current prices) was 20.2 %  in 2015 while in 2014 was 19.6 %.

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