Gross Domestic Product (GDP), in volume, recorded a year-on-year growth rate of 2.4% in the third quarter of 2025, after increasing 1.8% in the previous quarter. The negative contribution of net external demand to the year-on-year rate of change of GDP was less pronounced, reflecting an acceleration of exports of goods and services and a slight slowdown of imports of goods and services. The positive contribution of domestic demand to the year on  year growth rate of GDP remained close to that observed in the previous quarter, with private consumption accelerating while investment slowed down.

Compared to the second quarter of 2025, GDP increased by 0.8% in volume, after a 0.7% increase in the previous quarter. The positive contribution of domestic demand to the quarter-on-quarter rate of change of GDP increased, reflecting the acceleration of private consumption. On the other hand, the contribution of net external demand was more negative, as imports of goods and services accelerated more significantly than exports of goods and services.