The first quarter of 2023 was marked by a sustained pace of economic activity, reflected in GDP growth of 3.2% comparedto the same quarter of 2022.
On the supply side, this development is the result of the good momentum of the secondary and tertiary sectors, which each recorded a sustained growth rate during the quarter, The primary sector (0.7%) marked a significant slowdown in its pace of activity and contributes very little (0.1 point) to GDP growth. The secondary sector (3.5%) contributed 0.8 percentage points to GDP growth for the quarter, while the tertiary sector (3.7 percent) remained the engine of economic growth, with a contribution of 1.9 percentage points. The weak performance of the primary sector is due to the 6.2% drop in activity in the export agriculture sector and the slowdown in forestry activities (0.5% from 2.5%). However Activity improved in the branchesof food farming(2.6% after -0.1%) and livestock, hunting and fishing(6.1% after 5.2%), each making a positive contribution to growth of 0.1 point and 0.2 point respectively. In the secondary sector, the growth momentum observed is driven by the good performance of activity in all branches, Activities in this sector are dominated by the agri-food industries and the construction and public works sectors, which contribute 0.3 points and 0.4 points respectively to the growth of the sector. extractive industries (1.9% after 5.1%) slowed down this quarter. All other branches of secondary education, although for the most of the sluggish industries, apart from other manufacturing industries that are recovering from the previous quarter’s decline , performed well in the quarter. The tertiary sector remains the engine of growth during this quarter, All branches of the sector contributed to this good performance by making positive contributions to growth although the trade and repair branch (2.6% after 4.1%) and the transport branch (2.5% after 8.4%) slowed down, In addition, the non-market services branch of the AdmPublic Administration, with 0.4 percentage points, contributed the most to GDP growth this quarter.