Information from the Statistics and Census Service indicated that Gross Domestic Product (GDP) expanded by 2.1% year-on-year in real terms in the fourth quarter of 2018, slightly higher than the 1.9% increase in the third quarter. Economic growth in the fourth quarter was mainly driven by exports of services. External demand maintained growth; exports of services went up by 5.2% year-on-year, with exports of gaming services and other tourism services rising by 6.7% and 1.4% respectively; exports of goods increased by 10.2%. Domestic demand remained sluggish, with investment plunging by 14.3% year-on-year; meanwhile, private consumption expenditure, government final consumption expenditure and imports of goods showed respective growth of 2.8%, 3.4% and 2.3%.
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