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Macedonia's Q3 GDP Growth Speeds Up to Nominal 5.5% Y/Y - Table

Dec 26, 2008, 5:05:48 PMArticle by Valentina Dimitrievska
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December 26 (SeeNews) - Macedonia's economy grew by a nominal 5.5% year-on-year in the third quarter of 2008, faster than the revised growth of 5.0% in the same period last year, the state Statistics Office said on Friday.

Macedonia's Q3 GDP Growth Speeds Up to Nominal 5.5% Y/Y - Table

Macedonia's gross domestic product (GDP) grew by a revised 5.9% in 2007.

The country's GDP rose to 104.772 billion denars ($2.38 billion/1.69 billion euro) in the third quarter of 2008, the statistics office said in a statement.

The sectors of mining, manufacturing, and electricity, gas and water supply posted the highest yearly growth rate in the third quarter, 10.6%, followed by wholesale and retail trade with 8.9%

Details follow (in billions of denars):

Q3'08 Q3'07
GDP 104.772 91.760
Final Consumption 97.761 84.715
Gross Capital Formation 32.088 23.253
Exports 56.351 47.794
Imports 81.428 64.002

(1 euro = 61.7946 Macedonian denars)

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