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Press release

Quarterly national accounts

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In the second quarter of 2021 the seasonally and calendar adjusted, chained volume measure of Gross Domestic Product (GDP) increased by 2.7% to the previous quarter and by 17.3% in comparison with the second quarter of 2020.

Compared to previous quarter, final consumption expenditure increased by 3.4 per cent, gross fixed capital formation by 2.4 per cent, imports and exports by 2.3 per cent and 3.2 per cent respectively.

With respect to the second quarter of 2020, final consumption expenditure increased by 10.7 per cent, gross fixed capital formation by 38.2 per cent, imports by 27.2 per cent, and exports by 38.4 per cent.

The carry-over annual GDP growth for 2021 is equal to 4.7%.

Reference period: Q2 2021

Date of Issue: 31 August 2021

Next release: 5 October 2021

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