Q:
A:
GDP in 2011 rose by 1.6% against 2010
Belgrade,
30 March 2012
The Serbian Statistical Office stated today that the total annual GDP in 2011, obtained as the sum of four quarters, increased by 1.6%, when compared with 2010.
In the first quarter of 2011, the real growth of GDP against the same period last year was 3.0%, in the second quarter 2.5%, in the third quarter 0.7% and the fourth quarter 0.4%.
Observed by activities, in the fourth quarter of 2011, the highest growth in the gross value added was noted as follows: the sector of electricity, gas, steam and air conditioning supply – 16.7%, the sector of mining and quarrying – 14.8%, the sector of information and communication – 8.7% and the sector of construction – 8.6%. T
The highest fall in the gross value added was recorded in the sector of wholesale and retail trade and repair of motor vehicles and motorcycles – 7.5%.
According to seasonally adjusted GDP data, the economic performance decreased by 0.3% in the fourth quarter of 2011, if compared to the previous quarter.
Observed by activities, in the fourth quarter of 2011, the highest growth in the gross value added was noted as follows: the sector of electricity, gas, steam and air conditioning supply – 16.7%, the sector of mining and quarrying – 14.8%, the sector of information and communication – 8.7% and the sector of construction – 8.6%. T
The highest fall in the gross value added was recorded in the sector of wholesale and retail trade and repair of motor vehicles and motorcycles – 7.5%.
According to seasonally adjusted GDP data, the economic performance decreased by 0.3% in the fourth quarter of 2011, if compared to the previous quarter.
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