State Statistical Office: Gross Domestic Product, second quarter of 2011

Theme: Gross Domestic Product

Gross Domestic Product, second quarter of 2011

22.09.2011

According to the estimated data, the growth rate of the Gross Domestic Product (GDP) in the second quarter of 2011 was 5.3%.

In this quarter, an increase was registered in most of the sections, with the biggest increase being recorded in the following sections: F- Construction by 26.0%, G - Wholesale and retail trade; repair of motor vehicles, motorcycles and personal and household goods by 18.0%, and C, D and E - Mining and quarrying, Manufacturing and Electricity, gas and water supply by 12.8%.

Household final consumption, including Non-profit institutions serving households, increased by 12.5% in nominal terms compared to the same period of 2010, and its share in the GDP structure was 75.1%.

In the same period, Export of goods and services increased by 25.5% in nominal terms, while Import of goods and services rose by 15.6%.

Note:The calculation of the expenditure components of GDP for the period from 2004 onward, based on reference year 2005, will be published togther with the annual news release for 2010.

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