Gross domestic product

So how are we doing?

Finland remained the world's happiest country for a seventh straight year in an annual U.N. sponsored World Happiness Report published on March 20.

And Nordic countries kept their places among the 10 most cheerful, with Denmark, Iceland and Sweden trailing Finland.

Compared to the previous year, Türkiye has climbed eight places in the list and is now ranked 98th.

Bulgaria's defense expenditure for the year 2023 amounted to $1.9 billion (3.47 billion BGN), representing 1.87 percent of its Gross Domestic Product (GDP), as detailed in the annual report released by NATO Secretary General Jens Stoltenberg. This disclosure occurred during a press conference held at NATO headquarters in Brussels earlier today.

The growth rate of the Greek economy was set at 2% during 2023, well below government estimates (2.4%) and those of the IMF (2.5%), OECD (2.4%), the European Commission and IOBE (2.2%).

BELGRADE - Serbia's government council tasked with coordinating activities and measures aimed at promoting GDP growth said on Friday January growth had been at a higher-than-anticipated 3.8 pct and could be expected to grow further in Q1 2024.

The council's session was chaired by PM Ana Brnabic.

The National Statistical Institute (NSI) has released preliminary data revealing that Bulgaria's gross domestic product (GDP) experienced a modest growth of 1.8% in real terms in 2023. This expansion marks a slowdown compared to the 3.9% growth recorded in the previous year, according to aggregated quarterly data.

BELGRADE - Serbian Deputy PM and Finance Minister Sinisa Mali said on Wednesday all indicators of the Serbian economy were absolutely positive and that the International Monetary Fund and all other international financial institutions had confirmed this.

Cyprus' economic growth is estimated at 2.5% in real terms in 2023. At current prices, the increase in gross domestic product (GDP) is estimated at 7.1%, according to the Statistical Service of Cyprus (CyStat).

BELGRADE - The Serbian economy continues to grow and develop, as confirmed by the latest statistical data indicating that Serbia's GDP grew by 3.8 pct in Q4 2023, compared to 2.5 pct growth during the entire last year, Serbian Finance Minister Sinisa Mali said in a statement.

TIRANA - Serbian President Aleksandar Vucic said on Thursday Serbia would double its GDP to 140 or 150 bln euros over the next ten years.