Based on the updated Gross Domestic Product (GDP) series for the period 2019–2023, published by the General Bureau of Statistics in September 2024, the National Planning Office has released revised GDP projections by sector for the period 2024–2028. These projections are based on data collected for 2024 and include assumptions about price changes and production growth for the years 2024 to 2028.
Real economic growth at market prices (with 2015 as the base year) is estimated at:
- 2.0% for 2024
- 3.6% for 2025
- 3.9% for 2026
Click the links below to view the detailed GDP figures and their explanations:
Explanatory note GDP update May 2025
GDP projections by sectors for the period 2024-2028.