Based on the indicators of Gross Added Value, in 2014 the country’s economy increased by 1.89% compared to 2013, states the Institute of Statistics report.
The main contribute in the economic increase have given the construction sector by 1.56 points of percentage, “other services” by 0.95 points of percentage, “trade, hotels and restaurants” by 0.54 points of percentage, industry by 0.24 points of percentage and transports with 0.09 points of percentage.
The Institute of Statistics published on the last quarter of 2014 the economic indicators based on the Gross Added Value, which showed an increase of the economy by 2.42%, compared to the same period of 2013. In comparison to the third quarter of 2014, the figures showed that the economy increased by 1.12%. The economic sectors that had a lower performance than expected were the agricultural sector with -0.67 points of percentage and “post and communication” with -0.30 points of percentage.
The construction activity increased by 10.81% in the last quarter of 2014 as well as the processing industry activity which increased by 3.39%.
News source/photo credits: ATA