Gross Domestic Product by expenditure and production approach, Q3 2021
The Kosovo Agency of Statistics (KAS) has released data of the Gross Domestic Product (GDP) in the third quarter of 2021 (Q3 2021), by economic activities and expenditure approach, at current prices and prices of the previous year.
GDP in Q3 2021 marked a real increase by 14.53%, compared to the same quarter of the previous year.
Economic activities that increased in this quarter were: wholesale and retail trade, repair of motor vehicles and motorcycles, transport and storage, accommodation and food service activities (35.30%); scientific, professional and technical activities, administrative and support services activities (10.90%); arts, entertainment and leisure, household goods production activities for own use and other services (7.43%); financial and insurance activities (5.83%); information and communication (4.25%); extractive and processing industry; electricity, gas, steam and air conditioning supply; water supply; waste treatment and management activities, rehabilitation (3.62%); agriculture, forestry and fishing (2.03%); public administration, social security, education and health (1.53%); real estate activities (1.40%).
Economic activity which marked a real decline in this quarter was: construction (-4.12%); while the nominal growth for this activity was 19.07%, influenced by inflation.
The components of GDP by expenditure method which had an increase, were: exports of goods and services (147.42%); imports of goods and services (44.39%); final consumption expenditures (1.84%); and gross capital formation (0.14%).
For more information about quarterly GDP (Q3 2021), visit: https://ask.rks-gov.net/sq/agjencia-e-statistikave-te-kosoves/ekonomi/llogarite-kombetare-bpv