Economic forecast, November 2021


  • Statistical Series
  • 30. November 2021
  • Vol 106, Issue 7
  • ISSN: 1670-4770


  • Download PDF
GDP contracted by 6.5% last year. Private consumption declined by 3% and investment by 8.7%, while public consumption grew by 4.5%. The economy is projected to grow by 3.9% this year. The growth will be stronger next year, with GDP increasing by 5.3%. Average annual economic growth is expected to be 2.3% for the remainder of the forecast horizon.

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