On a seasonally adjusted basis, Gross Domestic Product increased by 0.8% in the fourth quarter of 2024 compared with the previous quarter. Compared to the same quarter of 2023, Gross Domestic Product increased by 0.7%.
On a gross basis, compared with the same quarter in 2023, GDP in the fourth quarter of 2024 increased by 0.7%. In 2024, compared to 2023, Gross Domestic Product increased by 0.9%.
'Following the revision of the gross series of quarterly GDP by including the estimate of Gross Domestic Product for Q4 2024 in the quarterly series, the seasonally adjusted series has been recalculated, with the volume indices revised from the second provisional version of Gross Domestic Product for Q3 2024, published in the press release no. 7 of January 10, 2025, as follows: the results for Q1 2024 compared to Q4 2023 have been revised from 99.6% to 99.7% ; the results for Q3 2024 compared to Q2 2024 have been revised from 100.0% to 100.1%. The seasonally adjusted series are recalculated quarterly in line with European practice', shows the NSI.
