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2026-08-15T13:23:07.000Z

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Economy grows 2.3% in Q2 2026

Economy grows 2.3% in Q2 2026

The national economy recorded a growth rate of 2.3% during the second quarter of 2026, compared to the same period in 2025, according to preliminary estimates from the National Institute of Statistics. The growth was concentrated in key sectors such as Agriculture, which saw added value increase by 5.5%, Services, which grew by 1.9%, and Construction, with a 3.6% rise. Despite a 10.4% increase in exports, the 11.2% rise in imports led to a decline in net external trade, which negatively contributed approximately 1.33 percentage points to the overall growth. The industrial sector experienced modest growth of 0.3%, with continued declines in the energy and mining sectors by 1.7%. Overall, an increase in domestic demand by 3.3% helped boost growth, while foreign trade had a negative impact due to the disparity between import and export increases.

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