Investor Presentaiton
-5.1%
-11.5%
Jan-21
Feb-21
Mar-21
Source: GeoStat.
Strong growth momentum in 1H22
Real GDP y-o-y growth: preliminary estimate
25.8%
18.7%
44.8%
1Q21
2Q21
3Q21
4Q21
2021
1Q22
2Q22E 1H22E
Key drivers:
-4.1% 28.9% 9.1%
8.8% 10.4% 14.9%
7.2%
10.5%
18.0%
14.6%
12.0%
11.6%
10.3%
10.6%
6.9%
4.0%
9.9%
6.9%
9.6%
7.2%
2.6%
Apr-21
May-21
Jun-21
Jul-21
Aug-21
Sep-21
Oct-21
Nov-21
Dec-21
Jan-22
Feb-22
Mar-22
Apr-22
May-22
Jun-22
Continued recovery of tourism revenues,
resilient inflows from exports and remittances
Increased activity in the transportation, real
estate, and hospitality sectors
In 2Q22:
Export of goods - up 29.8% y-o-y
(35.7% y-o-y growth in 1H22)
Remittances up 112.7% y-o-y
(65.0% y-o-y growth in 1H22)
Tourism revenues recovered to 85.3% of the
2019 level (78.5% recovery in 1H22)View entire presentation