1.8% GDP growth rate at constant prices in the second quarter of 2019oracle
The Department of Statistics issued the results of the preliminary quarterly estimates of the GDP at constant prices for the second quarter of 2019. The results show that growth reached 1.8% during the second quarter of 2019 compared with the same quarter of 2018.
At the level of production sectors, estimations of most sectors have shown positive growth during the second quarter of 2019 compared with the second quarter of 2018. The results indicated that the quarrying Sector has achieved the highest growth rate at 9.0%, followed by Social & Personal Services Sector at 3.3% then Transport ,Storage & Communications Sector by 2.9%, then Finance, Insurance & Real Estate’s Sector by 2.8% and finally the Agricultural Sector by 2.7%.