Gross Domestic Product (GDP) by Economic Activity in 2020

In light of mobility restrictions and lower oil prices during 2020, the national accounts in Monetary Union area recorded negative growth rates comparing to previous year. The aggregated GDP, at current producer prices, declined 13.9 percent amounted to $ 986.0 billion in 2020 compared to $ 1,145.2 billion in 2019, where GDP decline concentrated more in oil sector.