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Press release

Quarterly national accounts - Second quarter 2021

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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 17.2% in comparison with the second quarter of 2020.

Compared to previous quarter, final consumption expenditure increased by 3.4%, gross fixed capital formation by 2.6%, imports and exports by 2.4 and 3.2% respectively.

With respect to the second quarter of 2020, final consumption expenditure increased by 11%, gross fixed capital formation by 37.8%, imports by 30.1%, and exports by 39.4%.

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

Reference period: Q2 2021

Date of Issue: 05 October 2021

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