The high growth rates confirm the strength of the Cypriot economy, reinforcing expectations for the continuation of the positive outlook in the 4th quarter of 2021, the Ministry of Finance notes in a press release regarding the GDP growth rate in the 3rd quarter of the year.
According to preliminary estimates of the Statistical Service of Cyprus, the growth rate of the economy in the 3rd quarter of 2021 is positive and is estimated at 5.3% compared to the corresponding quarter of 2020, following a very high growth rate of 13.
Source: Cyprus News Agency