Gross Domestic Product, fourth quarter of 2024
Gross domestic product grew by 3.2% in the fourth quarter of 2024 compared to the fourth quarter of 2023
The growth rate of the Gross Domestic Product in the fourth quarter of 2024 was 3.2%.
In this quarter of 2024, a bigger increase was recorded in sections: F - Construction by 13.2% and M and N - Professional, scientific and technical activities; Administrative and support service activities by 10.6%.
In the fourth quarter of 2024, Household final consumption, including Non-profit institutions serving households, increased by 6.0% in nominal terms, and its share in the GDP structure was 66.1%.
In the same period, Export of goods and services decreased by 3.1% in nominal terms, while import of goods and services increased by 2.0%.
Key takeaway
The growth rate of the GDP in the fourth quarter of 2024 compared to the fourth quarter of 2023, was 3.2%
The growth rate of the GDP in the 2024 compared to the 2023 was 2.8%
Tables
2023 - Preliminary data
2024 - Estimated data
2023 - Preliminary data
2024 - Estimated data
National Classification of Activities - NKD Rev.2
2023 - Preliminary data
2024 - Estimated data
National Classification of Activities - NKD Rev.2
The real growth rates are compared to the same quarter of the previous year
2023 - Preliminary data
2024 - Estimated data
NPISHs - Non-profit institutions serving households
1) Includes discrepancies in changes in inventories due to balancing
2023 - Preliminary data
2024 - Estimated data
NPISHs - Non-profit institutions serving households
1) Includes discrepancies in changes in inventories due to balancing
The real growth rates are compared to the same quarter of the previous year
Symbols used →
StatisticalDatabase
Chart
Gross domestic product, at constant prices, reference year 2005
Raw and seasonal adjusted data
Contact
Prepared by: Lence NedanoskaPhone: +389 2 3295 666
Email: lence.nedanoska@stat.gov.mk