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Average Real GDP Growth in 2024 9.5% YoY

The estimated real Gross Domestic Product (GDP) growth rate was 6.7% year-over-year (YoY) in December 2024 and 9.5% for the full year compared to the previous year.

In December 2024, key sectors that contributed significantly to real growth compared to the same period in the previous year included financial and insurance activities, professional, scientific, and technical activities, transportation and storage, trade, as well as information and communication.

Conversely, a decline was observed in the manufacturing sector.

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