The National Institute of Statistics and Censuses released the new report for the period of July, August and September 2021 of gdp and it was revealed that the advance this time was 11.9% compared to the third quarter of the same period of 2020, in a new advance after overcoming the pandemic. The Gross Domestic Product in the third quarter was 4.1% above the second quarter of this year and with this new advance registered an advance in the first nine months of the year, where activity showed a cumulative increase of 10.8%. Martín Guzmán, said on Monday that the GDP will grow this year 10% so it will recover much of what was 2020 when it fell 9.9%, and in this way it is already surpassing the spectarties in the government.
As for the most marked values of the period, there was an increase of 21.2% in gross fixed capital formation, private consumption grew 12.1%, public consumption rose 11.5% and exports of real goods and services registered an increase of 18.8% On the theme defined as “Gross fixed capital formation” a growth of 21.2% was obtained compared to the same period of 2020. In addition, 19% of investment in constructions, to the increase of 37.3% of “other constructions”, linked to the oil sector, the increase of 24.2% in machinery and equipment and 12% in transport equipment. Despite this growth of 11.9% quarter-on-quarter, not all sectors performed so vigorously. For example, Agriculture, and Livestock, fell 0.8% in the third quarter in one of the most affected of the period.