Flash estimate of Gross Domestic Product in the first quarter of 2024
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According to the flash estimate, gross domestic product (GDP) in volume terms seasonally unadjusted was higher by 1.9% in the 1st quarter of 2024 year-to-year against 0.4% decrease in the corresponding period of 2023.
In the 1st quarter of 2024 seasonally adjusted GDP (constant prices, reference year 2015) was higher by 0.4% than in the previous quarter and 1.3% higher than in the 1st quarter of the previous year.
Seasonally unadjusted GDP (constant average prices of the previous year) was higher by 1.9% than in the corresponding quarter of the previous year.
The data is preliminary and can be subject to revision, in accordance with the revision policy of quarterly national accounts, in the first regular estimate of GDP for the 1st quarter of 2024 which will be released on June 3, 2024.
