Macedonia's third-quarter gross domestic product (GDP) totalled 119.1 billion denars ($2.5 billion/1.9 billion euro) at current prices, compared to 117.2 billion denars a year ago, the statistics office said in a statement on Friday.
In the second quarter of 2012, Macedonia's economy contracted by a real 0.7% on the year, compared to an annual growth of 3.6 % a year earlier, according to revised data of the Statistics Office.
In 2011, Macedonia's economy grew by a revised 2.8%.
Details follow (in billions of denars):
Q3 ’12* | Q3 ’11 | |
GDP | 119.118 | 117.241 |
Final consumption | 108.202 | 106.943 |
Gross capital formation | 32.057 | 30.295 |
* estimate
(1 euro = 61.4971 Macedonian denars)