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GDP growth rate 2017Q1-2020Q4

Τhe GDP growth rate in real terms during the fourth quarter of 2020 is negative and it is estimated at -4.5% over the corresponding quarter of 2019. Based on seasonally and working day adjusted data, GDP growth rate in real terms is estimated at -4.5%.

The negative GDP growth rate is mainly attributed to the sectors: "Hotels and Restaurants", "Manufacturing", " Transport, Storage and Communication", "Wholesale and Retail Trade, Repair of Motor Vehicles", "Arts, Entertainment and Recreation", "Other Service Activities".

For more information

https://www.mof.gov.cy/mof/cystat/statistics.nsf/All/2DD8227F6A692195C2258608004EB103?OpenDocument&sub=1&sel=1&e=&print 

 

 

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