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GNP 2015-2016
GNP 2015-2016
GNP 2015-2016
Year:
2015
Quarter:
2nd Quarter
Sub-title:
Gross Domestic Capital Formation
Investments in Fixed Capital Formation increases
Investments in Fixed Capital Formation accelerated to 8.9 percent in Q2 2015 from 6.9
percent in the same period last year.
Capital formation for the combined BSOD grew by 0.8 percent in Q2 2015 from a contraction
of 1.9 percent a year ago. The growth is mainly due to the increased production of livestock,
poultry, and orchards.
IPP contracted by 9.1 percent in Q2 2015 from 28.8 percent during the same period last year.
The contraction can be attributed to the decline of investments in computer software and
databases.