4th Quarter 2019

Gross National Income & Gross Domestic Product

Gross Value Added in Trade and Repair of Motor Vehicles, Motorcycles, Personal and Household Goods

Trade remains the top contributor to GDP growth  

Trade and Repair of Motor Vehicles, Motorcycles, Personal and Household Goods topped contributors to the GDP growth as it posted an 8.6 percent growth in the fourth quarter of 2019. This was faster than the 6.7 percent growth recorded in the same period of the previous year.

Retail Trade, the largest contributor to the growth of the sector, expanded by 8.7 percent. On the other hand, Wholesale Trade grew by 7.7 percent while Maintenance and Repair of Motor Vehicles, Motorcycles, Personal and Household Goods registered a growth of 12.5 percent.

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