The High Commission for Planning (HCP) indicated that domestic demand grew by 8.3% in the third quarter (Q3) 2021 instead of a drop of 6.5% in the same period of the year 2020.
In an information note on the national economic situation during Q3-2021, the HCP specifies that this demand thus contributed 8.8 points to national economic growth instead of a negative contribution of 7 points.
In this context, household final consumption expenditure increased by 5.8% instead of a decrease of 5.7%, contributing 3.2 points to growth instead of a negative contribution of 3 , 1 points, said the same source, adding that the final consumption of general government showed an increase of 5.2% instead of 3.7%, with a contribution to growth of 1.1 points instead of 0 , 7 point.
For its part, gross investment (gross fixed capital formation and change in inventories) recorded an increase of 15.1% instead of a sharp drop of 13.9%, with a contribution to growth of 4. 5 points instead of a negative contribution of 4.6 points, during the same quarter of the previous year.
On the other hand, the HCP notes that foreign trade in goods and services made a negative contribution to growth, standing at 1.1 point instead of a positive contribution of 0.3 point in the same quarter of the previous year. .
Imports of goods and services increased by 13.4% in the third quarter of 2021 instead of a decrease of 11.7%, with a contribution to negative growth of 5.7 points instead of a contribution positive 5.6 points. For their part, exports increased by 13% instead of a decrease of 13.3%, with a contribution to growth of 4.7 points instead of a negative contribution of 5.3 points, a past year. .
In addition, the HCP note notes that gross investment reached 30.4% of Gross Domestic Product (GDP) instead of 26.7% during the same quarter of the previous year, specifying that the financing need of the national economy thus experienced a slight decline, from 0.9% of GDP to 0.5%.
At current prices, with the increase in GDP of 10.9% instead of a decrease of 5.7% and the increase in net income received from the rest of the world by 28.2% instead of 53.2%, Gross national disposable income grew by 12% instead of a drop of 3.4% during the third quarter of 2020, notes the same source.
Taking into account the 6.7% increase in national final consumption in value instead of a 2.1% drop recorded a year earlier, national savings stood at 29.9% of GDP instead. by 25.8%.