Gross Domestic Product in the 4th quarter of 2025. Preliminary estimate
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Seasonally unadjusted gross domestic product (GDP) in the fourth quarter of 2025 was 4.0% higher year-on-year, compared with an increase of 3.5% in the corresponding quarter of 2024 (at constant average prices of the previous year).
In the 4th quarter of 2025 seasonally adjusted GDP (constant prices, reference year 2020) was higher by 1.0% than in the previous quarter and it was 3.6% higher than in the 4th quarter of the previous year.
GDP growth in the 4th quarter of 2025 was influenced by 4.3% increase of domestic uses (in the 3rd quarter of 2025 the increase of 3.7% was recorded). Final consumption expenditure was higher by 5.2% than a year earlier (against the increase of 4.4% in the 3rd quarter of 2025) and gross capital formation by 1.7% (against the increase of 0.6% in the 3rd quarter of 2025). Consumption expenditure in the households sector was higher by 4.2% and public consumpion expenditure by 7.3% (in the 3rd quarter of 2025 by 3.5% and 7.4% respectively). Gross fixed capital formation increased by 4.7% (against the increase of 7.1% in the 3rd quarter of 2025). Investment ratio (relation of gross fixed capital formation to gross domestic product at current prices) amounted to 22.3% against 22.4% in the previous year.
