Ammon News - The Gross domestic product (GDP) at constant market prices grew by 2.8 percent in the first quarter of 2023 compared to the same period last year.

The Department of Statistics' quarterly report released on Tuesday indicated that the GDP edged up by 0.8 percentage points from the previous quarter (Q4 2022) and has grown by 2 percent.

Preliminary data showed that all economic sectors have grown during the same time frame. The agriculture, hunting, forestry, and fishing sector achieved the highest growth rate of 7.4 percent, followed by the construction sector at 5.9 percent, the transportation, storage, and communications sector at 4.8 percent, and the extractive industries sector at 3.5 percent.