(Per cent) |
Sector | Growth Rate | Share |
Average 2016-17 to 2023-24 | 2021-22 | 2022-23 | 2023-24* | 2021-22 | 2022-23 | 2023-24* |
1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 |
GDP at Market Prices (Expenditure Side) |
1. Private Final Consumption Expenditure | 5.4 | 11.7 | 6.8 | 3.0 | 58.1 | 58.0 | 55.6 |
2. Government Final Consumption Expenditure | 5.0 | 0.0 | 9.0 | 3.0 | 9.9 | 10.0 | 9.6 |
3. Gross Fixed Capital Formation | 7.0 | 17.5 | 6.6 | 10.2 | 33.4 | 33.3 | 34.1 |
4. Change in Stocks | 57.1 | 525.4 | 14.5 | 5.0 | 1.1 | 1.1 | 1.1 |
5. Valuables | 6.9 | 32.5 | -19.1 | 13.8 | 1.9 | 1.4 | 1.5 |
6. Net Exports | -79.2 | 47.0 | 52.7 | -517.8 | -1.0 | -0.4 | -2.5 |
a) Exports | 7.0 | 29.6 | 13.4 | 1.5 | 22.6 | 23.9 | 22.6 |
b) Less Imports | 7.6 | 22.1 | 10.6 | 10.9 | 23.6 | 24.4 | 25.1 |
7. Discrepancies | -15.5 | -386.9 | 11.2 | -121.0 | -3.3 | -3.4 | 0.7 |
8. GDP | 5.5 | 9.7 | 7.0 | 7.6 | 100.0 | 100.0 | 100.0 |
GVA at Basic Prices (Supply Side) |
1. Agriculture, Forestry and Fishing | 4.5 | 4.6 | 4.7 | 0.7 | 15.6 | 15.3 | 14.5 |
2. Industry | 4.4 | 9.6 | -0.6 | 8.3 | 23.0 | 21.4 | 21.7 |
of which: | | | | | | | |
a) Mining and Quarrying | 1.1 | 6.3 | 1.9 | 8.1 | 2.2 | 2.1 | 2.2 |
b) Manufacturing | 4.7 | 10.0 | -2.2 | 8.5 | 18.5 | 16.9 | 17.2 |
c) Electricity, Gas, Water Supply and Other Utility Services | 6.7 | 10.3 | 9.4 | 7.5 | 2.3 | 2.4 | 2.4 |
3. Services | 6.0 | 10.6 | 9.9 | 7.9 | 61.4 | 63.3 | 63.9 |
of which: | | | | | | | |
a) Construction | 6.8 | 19.9 | 9.4 | 10.7 | 8.6 | 8.8 | 9.1 |
b) Trade, Hotels, Transport, Communication and Services Related to Broadcasting | 5.6 | 15.2 | 12.0 | 6.5 | 17.9 | 18.8 | 18.7 |
c) Financial, Real Estate and Professional Services | 6.1 | 5.7 | 9.1 | 8.2 | 22.5 | 23.0 | 23.3 |
d) Public Administration, Defence and Other Services | 6.0 | 7.5 | 8.9 | 7.7 | 12.4 | 12.7 | 12.8 |
4. GVA at Basic Prices | 5.3 | 9.4 | 6.7 | 6.9 | 100.0 | 100.0 | 100.0 |
*: Second advance estimates of national income for 2023-24. Source: National Statistical Office (NSO). |