You are here

GDP growth rate estimated at 5.6% in Q3 2021

02/12/2021 10:28

The GDP growth rate in real terms during the third quarter of 2021 is positive and it is estimated at 5.5% over the corresponding quarter of 2020, according to Cyprus Statistical Service (CyStat).

Based on seasonally and working day adjusted data, GDP growth rate in real terms is estimated at 5.6%.

The positive GDP growth rate is mainly attributed to the sectors: "Hotels and Restaurants", "Manufacturing"," Transport, Storage and Communication", "Wholesale and Retail Trade, Repair of Motor Vehicles", "Arts, Entertainment and Recreation", "Other Service Activities".