3.2% GDP growth rate at constant prices in the second quarter of 2021oracle
The Department of Statistics issued the results of the preliminary quarterly estimates of the GDP at constant prices for the second quarter of 2021. The results show that the growth rate reached 3.2% during the second quarter of 2021 compared with the second quarter of 2020.
At the level of economic sectors, preliminary estimations of sectors have shown growth during the second quarter of 2021 compared with the second quarter of 2020. The results indicated that the Constructions Sector has achieved the highest growth rate at 5.7%, followed by the Quarrying Industries by 5.4%, Transport, Storage & Communications Sector by 4.3%, Manufacturing Industries by 3.9% and Wholesale, Retail Trade, Restaurants & Hotels by 3.8%.