Economic forecast, March 2025


  • Statistical Series
  • 25. March 2025
  • Vol 110, Issue 4
  • ISSN: 1670-4770


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In 2024 GDP growth slowed down after significant growth in previous years. According to national accounts, gross domestic product increased by 0.5% in 2024. GDP growth is expected to reach 1.8% in 2025, driven by rising domestic demand while the growth contribution from net exports will be negative. In 2026, GDP is set to increase by 2.7%, mainly due to improvements in foreign trade and increased private consumption. Broad-based growth of 2.8% is projected in 2027.

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