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Theme: Gross Domestic Product


Gross Domestic Product, second quarter of 2020

07.09.2020


According to the estimated data, the growth rate of the Gross Domestic Product (GDP) in the second quarter of 2020 was -12.7 %.

In this quarter, increase was recorded in sections: ? - Agriculture, forestry and fishing by 4.5 %; O, P and Q - Public administration and defence; compulsory social security; Education; Human health and social work activities by 2.2 % and J - Information and communication by 0.9 %.

In the second quarter of 2020, Household final consumption, including Non-profit institutions serving households, decreased by 9.9 % in nominal terms, and its share in the GDP structure was 70.6 %.

In the same period, Export of goods and services decreased by 32.0 % in nominal terms, while Import of goods and services decreased by 30.2 %.






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