Economy expands by 3.75% in the third quarter/ Administration, tourism and real estate with growth. Agriculture and industry continue to contract
The economy in our country during the first two quarters of the year had a positive performance that was stimulated by the increase in income in its main sectors. Meanwhile, the Gross Domestic Product (GDP), in real terms, in the third quarter of 2025 is estimated to have increased by 3.75%, compared to the third quarter of 2024. The greatest contribution was made by public administration and trade, accommodation and food service. Meanwhile, agriculture and industry had a negative impact.
More specifically, “Public Administration, Education and Health” contributed with 1.68 percentage points, while “Trade, Transport, Accommodation and Food Services” with 0.62 percentage points. A high positive contribution was also made by “Real Estate Activities” with 0.50 percentage points, and “Construction” with 0.48 percentage points. Meanwhile, agriculture and industry continue to make negative contributions.
If we were to talk about the performance of the main activities of the economy, for the third quarter of 2025, compared to the third quarter of 2024, we see that "Public Administration, Education and Health" marked an increase of 15.04%, followed by the activity "Real Estate" with an increase of 10.55%.
The "Information and Communication" group marked an increase of 10.40%, the "Construction" activity marked an increase of 4.75%, the "Arts, entertainment and recreation and other service activities" group marked an increase of 4.13%, the "Trade, Transport, Accommodation and Food Services" group marked an increase of 2.62%. The "Professional and Administrative Services" group marked an increase of 2.11%, and the "Financial and Insurance Activities" group marked an increase of 0.65%. The "Industry, Energy and Water" activity group marked a decrease of 4.75% and "Agriculture, Forestry and Fishing" decreased by 1.73%.
Among other things, the seasonally adjusted Gross Domestic Product indicator in the third quarter of 2025, compared to the previous quarter, is estimated to have increased by 1.09%.
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