The gross domestic product (GDP) would have increased by 4.2% in the first quarter of 2025, in annual variation, taking into account a 3.1% recovery of agricultural activities, it emerges from the High Commission for Planning Sector (HCP) relating to T4-2024 and to prospects for the first and second quarters 2025.
“The economy would have experienced a revival of activity in the first quarter of 2025, with a planned increase of 4.2% of the value added outside agriculture, in annual variation”, indicates the HCP, adding that the dynamics of domestic demand would have remained supported and the strongly negative contribution of external exchanges would have reduced to -1.1 points, under the effect of a sensitive slowdown in imports and low export dynamics.
By branch of activity, it would be mainly merchant services, in particular those of accommodation, extractive industries and construction activities, which would have drawn growth, with an increase in their added values of 13.2%, 6.7% and 6.4% respectively in annual variations, specifies the same source.
Read also: The national economy recorded growth of 3.6% in T4-2024
Manufacturing activity, more dependent on foreign trade impulses, would have experienced a moderation of its growth with a reduction of 0.2 point in its contribution to economic growth.
Regarding household demand, it would have remained the base of this performance.
Improving income linked to socio-fiscal measures, including increases in wages in the private sector and public administrations and the downward revision of income tax, would have increased an increase in their consumption expenses of 4.5%, despite consumer prices resumption, notes the HCP.
Map with map
