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GDP growth rate 2013Q1-2019Q4

Τhe GDP growth rate in real terms during the fourth quarter of 2019 is estimated at +3.2% over the corresponding quarter of 2018. Based on seasonally and working day adjusted data, GDP growth rate in real terms is estimated at +3.2%.

The increase of the GDP growth rate is mainly attributed to the sectors: "Construction", "Information and Communication" , "Professional, scientific and technical activities", "Administrative and support service activities" and "Arts, Entertainment and Recreation". Negative growth rate was recorded by the sector "Financial and Insurance Activities".

G.D.P. for the year 2019 is provisionally estimated at €21.943,6 mn at current prices compared to με €21,137.8 mn in 2018 and €21,345.7 mn at volume measures (Reference year 2010 - chain linking method) compared €20,677.8 mn in 2018. The growth rate in real terms is estimated at 3.2% in 2019, compared to 4.1% in 2018.

For more information

https://www.mof.gov.cy/mof/cystat/statistics.nsf/All/EFABA4AD2DEFD1D4C22584810042EF8B?OpenDocument&sub=1&sel=1&e=&print

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