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GDP growth rate at 3.9% in third quarter of 2024

07:51 - 03 December 2024

Economy Reporter

The GDP growth rate in real terms during the third quarter of 2024 is positive and it is estimated at 3.9% over the corresponding quarter of 2023, according to data published by CySTAT.

Based on seasonally and working day adjusted data, GDP growth rate in real terms is estimated at 3.8%.

The positive growth rate is mainly attributed to the sectors 'Hotels and Restaurants', 'Construction', 'Information and Communication', and 'Wholesale and Retail Trade, Repair of Motor Vehicles'.

(Source: CNA)

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