1st Quarter 2017

Gross National Income & Gross Domestic Product

Government Final Consumption Expenditure (GFCE) eases

Government Final Consumption Expenditures (GFCE) grew by 0.2 percent in the first quarter of 2017. This was slower than the 11.8 percent posted during the same period in 2016. The deceleration was due to the decline in the maintenance and other operating expenditures (MOOE) of various government agencies. Delays in the implementation and procurement of various government programs contributed to the lower growth of GFCE. Moreover, the slowdown was also due to the higher expenses recorded during the election period in 2016.

National Accounts

Press Releases

Sectors - Previous Releases