National Accounts

A quarterly and annual estimation of gross domestic product (GDP) by sector and industries including growth rates of each economic sector and their contribution to GDP.

National Accounts

National Accounts - March Quarter 2022

Gross Domestic Product

March Quarter 2022

• Current GDP for March Quarter 2022 totaled $128.9 million
•At constant 2016 prices, the March quarter of 2022 recorded a value of $106.3 million
• Significant growth was experienced in the tourism industry;
• With trade up by 37.7%, Accommodation up by 31.4%, Restaurants and Bars up by 28.4%, and Travel Agents/Tour Operators up by 20.2%

Positive growth rates in all sectors at both Current and Constant prices due to the borders reopening in January 2022.

Graph 1 shows shows total quarterly GDP at both current and constant 2016 price

GDP Statistics Graph1 2201