The change in economic activity in 2024 depended on external factors
February 05 2025, 19:00
The statistics of the economic activity index for January-December show its decline. Compared to the beginning of the year, both cumulative and twelve-month indices gradually decreased. The exception is the December index, which accelerated by 3.5 percentage points. This was due to the activation of the service sector, but it is currently difficult to determine if this circumstance is a one-time or permanent development.
The cumulative index dropped from 10.7% at the beginning of the year to 4.7% in December.
At the same time, the study of the annual statistical gap once again demonstrates the dominance of external influences, both positive and negative.
In particular, the analysis of both the cumulative and monthly indices shows that trade, construction and services contributed positively to the growth in 2024. At the same time, due to the lack of external influences, the foreign trade turnover was almost halved in December (exports – 48.6%).