National Statistical Institute reports stable GDP growth of 3.1 percent

In the first quarter of 2025, GDP grew by 3.1% compared to the first quarter of 2024 and by 0.6% compared to the fourth quarter of 2024, the National Statistical Institute announced.

Converted into euros, GDP is 23.324 billion euros, with 3,626 euros per capita. The gross value added created by the sectors of the national economy in the first quarter of 2025 reached 19.482 billion levs at current prices.

Data for the first quarter of 2025 also show an increase in final consumption by 2.3% compared to the previous quarter. In the first quarter of 2025 exports of goods and services decreased by 2.4%, while imports of goods and services increased by 0.3% compared to the previous quarter.