The paper for the press conference on 29 th January, 2013

CENTRAL STATISTICAL OFFICE National Accounts Division Current information PRELIMINARY RESULTS

Gross Domestic Product in 2012

Preliminary estimate

According to the preliminary estimate, the increase of real GDP (constant average prices of the previous year) in 2012 was 2.0 %. In 2011 in comparison to 2010 GDP growth was 4.3 %.
GDP growth resulted mainly from positive impact of net exports and slight positive contribution of total consumption expenditure with almost neutral impact of gross fixed capital formation.

Gross value added in national economy in 2012 increased by 1.9 % compared with the previous year and

4.3 % in 2011 respectively.

Gross value added in industry in 2012 was 1.2 % higher than in 2011 compared with an increase of 10.0 %

in 2011.

Gross value added in construction in 2012 was 0.5 % lower than in the previous year compared with an increase of 8.2 % in 2011. Gross value added in trade and repair in 2012 was 1.5 % higher than in the previous year compared with an increase of 1.8 % in 2011. Gross value added in transportation and storage in 2012 was 7.9 % higher than in the previous year compared with an increase of 12.1 % in 2011. Domestic uses in 2012 was 0.1 % higher than in 2011, while GDP volume growth rate was 2.0 %. In 2011 domestic uses was 3.4 % higher, while GDP volume growth rate was 4.3 %. Total consumption expenditure in 2012 increased by 0.4 % compared with the previous year, in which individual consumption expenditure rose by 0.5 % (in 2011 the growth was 1.5 % and 2.5 % respectively).

In2012incomparisontothepreviousyeargrossfixedcapital formation grew by 0.6 % while in 2011 an increase of 9.0 % was observed. Investment rate (relation of gross fixed capital formation to gross domestic product at current prices) was 19.7 % while in 2011 - 20.3 %.

GDP volume growth rate

(corresponding period of the previous year=100, constant prices of the previous year)

120

115

110

105

100

106,8

105,1

101,6

103,9 104,3

102,0

2007 2008 2009 2010 2011 2012

95

gross domestic product gross fixed capital formation individual consumption expenditure

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