Real
Fiscal
Financial
External
Tourist arrivals
In November 2024, total tourist arrivals stood at 172,987, registering an increase of 5.7% compared with the same period of last year. During the month, the highest number of tourist arrivals were recorded from Russia, followed by United Kingdom and Germany.
Inflation
The rate of inflation (annual percentage change in the national CPI) accelerated to 4.1% in November 2024, from 1.1% in October 2024. The largest contribution to the annual rate of inflation during the month came from Tobacco (1.57 percentage points); Restaurants, cafés and the like (0.93 percentage points); and Fish (0.40 percentage points).
Fish exports
The volume of fish exports decreased by 57.8% in November 2024 compared with the same period of last year. This was mainly driven by the decrease in the export of Fresh, chilled or frozen Skipjack tuna by 64.0% (2,730.5 metric tonnes).
Real GDP growth
Real GDP is projected to grow by 6.4% in 2025, followed by an estimated growth of 5.5% in 2024.