GDP by Production approach and by Final Expenditure



Gross Domestic Product, Second quarter of 2020
Flash estimates
Seasonally unadjusted data
    Second quarter of 2020
Value at current prices Share in GDP
Million Levs %
1 Gross Value Added 23 510.5 86.9
2 Adjustments 3 548.0 13.1
3 Gross Domestic Product (1+2=4+5+6+9) 27 058.4 100.0
  by final use components:
4 Final consumption 21 345.6 78.9
5 Gross capital formation 5 114.8 18.9
6 Balance (exports - imports) 598.0 2.2
7 Exports of goods and services 13 905.4 51.4
8 Imports of goods and services 13 307.4 49.2
9 Statistical discrepancy 0.0 0.0
Growth rates of GDP component*
Flash estimates
(At average 2015 prices, seasonally and calendar adjusted data)
    Growth rate, current quarter compared with the previous quarter Growth rate, current quarter compared with the same quarter of the previous year
Q3 2019 Q4 2019 Q1 2020 Q2 2020 Q3 2019 Q4 2019 Q1 2020 Q2 2020
1 Gross Value Added by economic sector 0.6 0.7 0.1 -8.6 2.9 2.7 2.3 -7.4
2 Adjustments 2.0 0.0 1.0 -5.2 5.9 5.0 1.5 -2.3
3 Gross Domestic Product 0.7 0.8 0.3 -9.8 3.2 3.1 2.4 -8.2
  by final use components:
4 Final consumption 1.5 1.1 -0.1 -2.1 5.8 6.3 4.1 0.4
5 Gross capital formation . . . . . . . .
6 Gross fixed capital formation 0.8 1.3 -1.5 -4.3 2.1 3.0 1.2 -3.8
7 Change in inventories . . . . . . . .
8 Balance (exports - imports) . . . . . . . .
9 Exports of goods and services 3.6 -0.5 0.9 -23.4 4.2 -0.4 1.9 -20.3
10 Imports of goods and services 3.4 -3.1 1.5 -21.3 5.5 -0.2 1.2 -20.0
11 Statistical discrepancy . . . . . . . .

*Comment:
The growth rate is calculated by using chain-linked estimates of the GDP components based on average 2015 prices.
14.08.2020

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