GDP +1.7%; construction up 19.5%

The real growth of gross domestic product (GDP) in the first quarter of 2021, compared to the same period last year, was 1.7%, and relative to the previous quarter 1.9%, announced the State Statistical Office.

Looking at the sectors, in the first quarter of 2021 compared to the same period last year, there was significant real growth in gross value added in the construction sector of 19.5%, in wholesale and retail trade and motor vehicle repair, transport and storage and accommodation and food services of 5.3%, and in the industry, water supply and wastewater management sector of 3.5%.

A significant real decline in gross value added was recorded in professional, scientific, innovative and technical activities and administrative and support services activities of – 6.6%, and in arts, entertainment and leisure, other services and household activities as an employer of – 11.7%.

In the observed period, also compared to the same timeframe last year, there was real growth in gross fixed capital formation of 10.0%, and in exports of goods and services of 7.9%.

(Blic, 01.06.2021)



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