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Macroeconomics

GDP growth rate 2018Q1-2021Q2

The GDP growth rate in real terms during the second quarter of 2021 is positive and it is estimated at 12,8% over the corresponding quarter of 2020. Based on seasonally and working day adjusted data, GDP growth rate in real terms is estimated at 12,9%.

The positive GDP growth rate is mainly attributed to the sectors: "Hotels and Restaurants", "Construction", "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/B1FB44F63C8E141DC225873E00340B1F?OpenDocument&sub=1&sel=1&e=&print 

 

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