Tuesday, March 28, 2017

National Accounts: GDP at $49.4 billion in 2015. Real growth rate 0.8 percent


GDP was calculated at $49.4 billion in 2015, up from $47.8 billion for 2014, according to the National Accounts 2004-2015 report published by the Central Administration for Statistics (CAS).

The figures are slightly lower than estimates by the International Monetary Fund (IMF): $50.8 billion for 2015, and $49.9 billion for 2014.

According to the CAS report, Real GDP growth continued to slow down over the 2012-2015 period. It fell from 2.8 percent in 2012, to 2.6 percent in 2013, ...

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