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22-10-26
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INSTAT: Economic growth increased by 17.89% in second quarter

TIRANA, September 30 /ATA/ Gross Domestic Product (GDP) in the second quarter of 2021 in volume terms has increased by 17.89% compared with the second quarter of 2020.

According to the report released by the Institute of Statistics, the branches that gave a positive contribution are Industry, Electricity and Water by +4.13 percentage point, Trade, Transport, Accommodation and Food Services by +4.09 percentage point, Construction by 3.42+ percentage point.

Negatively contributed the branches of the economy such as Agriculture, Forestry and Fishing by -0.19 percentage point. Net taxes on products contributed positively by +1.73 percentage point.

In terms of changes compared to the previous quarter, the Gross Domestic Product indicator is estimated at an increase of 2.11%./a.a/p.s./

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