INSTAT: Economic Growth at 3.94%
Albanian Daily News
Published July 2, 2017
Gross Domestic Production (GDP) in Q1, 2017 has increased by 3,94 % in comparison to Q1, 2016.
According to Statistics Institute (INSTAT), this increase is mainly attributed to construction at +1.00 percentage points, 'trade, hotels, restaurants and transport' at +0,51 percentage points, 'public administration, education and healthcare' at +0,51 percentage points, 'industry, energy and water' at +0,50 percentage points.
A positive impact is attributed to 'financial and insurance activities' at +0.37 percentage points, 'agriculture, forests and fishery' at 0,27 percentage points, 'professional activities and administrative services' at +0,27 percentage points, 'real estate' +0,03 percentage points.
The negative impact is attributed to "other services" activities at -0,01 percentage points and 'information and communication' at -0,08 percentage points. 'Net taxes' on products made a positive contribution estimated at +0,56 percentage points.