
Figures released by STATEC indicate that gross domestic product (GDP) was up 1.4% for the first quarter of the year, compared to the previous quarter.
GDP in volume increased by 4.9% when compared to the same quarter in 2020.
GDP is a measure of the total value of all goods and services produced in a country over a given period of time. It serves as a measure of the country’s economic health and size.
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