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National Accounts Estimates (2018 – 2021) – June 2021 issue - Vimarsana News

National Accounts Estimates (2018 – 2021) – June 2021 issue

Maurice Info Search Year 2021 (Forecast) On the basis of information gathered on key sectors of the economy, performance observed in the first quarter of 2021, recent free trade agreements, measures announced in the budget 2021/2022 and uncertainties in international travel due to sanitary conditions, GDP at market prices is forecasted to grow by 5.4% compared to a decline of 14.9% in 2020. GVA at current basic prices is forecasted at around R 407.2 billion and GDP at current market prices at around R 463.7 billion in 2021. The main assumptions used to work out the forecast of 2021 are as f...