Advance estimates on Gross Domestic Product for third quarter of 2026

The Census and Statistics Department (C&SD) released today (November 3) the advance estimates on Gross Domestic Product (GDP) for the third quarter of 2026. According to the advance estimates, GDP increased by 5.2% in real terms in the third quarter of 2026 over a year earlier, compared with the increase of 4.2% in the second quarter. Analysed by major GDP component, private consumption expenditure increased by 2.8% in real terms in the third quarter of 2026 over a year earlier, compared with the increase of 2.9% in the second quarter. Government consumption expenditure measured in national accounts terms recorded an increase of 1.7% in real terms in the third quarter of 2026 over a year earlier, after remaining virtually unchanged in the second quarter. Gross domestic fixed capital formation rose by 7.3% in real terms in the third quarter of 2026 over a year earlier, faster than the increase of 3.7% in the second quarter. Total exports of goods measured in national accounts terms grew further by 30.4% in real terms in the third quarter of 2026 over a year earlier, after the growth of 28.9% in the second quarter. Over the same period, imports of goods measured in national accounts

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