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[CNA] Strong 5.5% GDP growth in 2021, surpassing pre-pandemic levels

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Gross Domestic Product (GDP) exceeded its pre-pandemic levels in 2021, reaching €22.43 billion (constant prices), showing strong growth of 5.5%, compared to 2020.

Specifically, according to preliminary data from the Statistical Office, GDP for 2021 is estimated at €23,352.8 million in current prices compared to €21,617.9 million in 2020 and €22,433.5 million in volume measurements (constant prices) for the year 2021, compared to €21,261.5 million in 2020.



The growth rate in real terms is estimated at 5.5% in 2021, compared to -5.0% in 2020.



In 2019, before the onset of the coronavirus pandemic, GDP stood at €22,376.8 million.


According to the data, GDP per capita increased by 7% in 2021, to €25.937, remaining, however, slightly below €26.
(CNA)


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