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June 15, 2022
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Gross Domestic Product of Bogotá grew 11.5% in the first quarter

Gross Domestic Product of Bogotá grew 11.5% in the first quarter

In the first quarter of 2022 the Gross Domestic Product, in its original series, reported a growth of 11.5% compared to the same period in 2021, above the general growth dynamics of the economy, which was 8.5% for the first three months of the year.

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This was announced by the National Administrative Department of Statistics (Dane), which highlighted in the report on the economy of the capital that the economic activities that most contributed to the dynamics of added value was the group of trade, vehicle repair; transportation and lodging, branch that presented a growth of 15.4%, and contributed 3.4 percentage points to the annual variation of added value.

He also highlighted the contribution of artistic, entertainment and recreation activities and other service activities and household activitieswith an annual variation of 27.3% and a contribution of 1.5 percentage points to the annual variation of value added.

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In the case of manufacturing industries, these grew 16.3% and presented a contribution of 1.4 percentage points to the annual variation of added value.

Regarding the immediately previous quarter, the Dane revealed that the Gross Domestic Product in its series adjusted for seasonal and calendar effect grew 1.8%.

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