Gross Domestic Product, Q2 - 2020

Gross Domestic Product (GDP) in the second quarter of 2020 in volume terms has decreased by 10.23 % compared with the second quarter of 2019 affected by Covid-19 pandemic situation.
Negatively contributed the branches of the economy such as Trade, Transport, Accommodation and Food Services by -4.11 percentage point, Industry, Electricity and Water by -1.45 percentage point, Professional services and Administrative services by -1.23 percentage point, Construction by -0.90 percentage point, Public administration, Education and Health by -0.60 percentage point, Financial and insurance services by -0.43 percentage point, Arts, entertainment and recreation services, other services by -0.41 percentage point and Information and Communication -0.24 percentage point.
The branches that gave a positive contribution are Agriculture, Forestry and Fishing by +0.70 percentage point, Real estate activity by +0.29 percentage point. Net taxes on products contributed negatively by -1.85 percentage point.

Next Publishing
Gross Domestic Product, Q3 - 2020
Contact us
St. Vllazën Huta, Building 35,
Entrance 1, Tirana, ZIP Code 1017
+355 4 2222 411
+355 4 2228300