GDP in Macedonia Rises by 2 Percent in Q1

According to the latest data of the State Statistical Office of Macedonia, the growth rate of the Gross Domestic Product (GDP) in the first quarter (Q1) of 2016 was 2 percent.

In this quarter, the biggest increase was recorded in sections: K -­ Financial and insurance activities by 13.3 percent; M and N ­- Professional, scientific and technical activities; Administrative and support service activities by 11.7 percent; and F -­ Construction by 7.7 percent.

In the first quarter of 2016, Household final consumption, including Non­profit institutions serving households, increased by 3.2 percent in nominal terms, and its share in the GDP structure was 64.3 percent.

In the same period, Export of goods and services increased by 12.6 percent in nominal terms, while Import of goods and services increased by 7.4 percent.

Comments

Most Read

Cannabis oil available in pharmacies across Macedonia without prescription

Time Travel: Skopje Antique Shops Are Full of Objects that Have Long Been Forgotten

Makedonski Brod fire spreads

Macedonia Only Country of the Region to Decline in New World Tourism Competitiveness Report

Greek jets mount NATO practice flights over Macedonia

Evergreens

Cannabis oil available in pharmacies across Macedonia without prescription

Nine Vinica Fortress terracotta icons to be exhibited at Oxford’s Ashmolean Museum

Time Travel: Skopje Antique Shops Are Full of Objects that Have Long Been Forgotten

Macedonian Government to ban protests with new law on public gatherings

Greek jets mount NATO practice flights over Macedonia