The real GDP growth rate is projected at 5.2% in 2021 against negative growth of 0.7% in 2020, indicates the economic and financial report annexed to the Initial Finance Law 2021.

''Overall, the real GDP growth rate is projected at 5.2% in 2021 from -0.7% in 2020, a gain of 5.9 percentage points. This growth would be driven by the primary (+4.7%), secondary (+5.5%) and tertiary (+4.8%) sectors,'' according to the document consulted by the APS.

In the primary sector, an increase of 4.7% is expected in 2021 against 5.1% in 2020. According to the document, it is driven mainly by the sub-sectors of agriculture, fishing and in to a lesser extent the livestock sub-sector.

In the agricultural field, the growth of agriculture and related activities is projected at 5.1% in 2021 against 6.0% in 2020.

Regarding the livestock sub-sector, an increase of 2.9% is expected in 2021 against 0.8% a year ago. This activity should be revitalized following the difficulties linked to the border closure measures.

For another sub-sector, that of fishing, the document indicates that it would remain dynamic with an increase of 6.3% in 2021 after the strong growth expected in 2020 (+11.9%).

Regarding the secondary sector, an increase of 5.5% is expected in 2021 against a decline of 1.1% in 2020, i.e. a contribution of 1.3 percentage points to real GDP growth.

In the field of the extractive sub-sector, activity is projected to rise by 5.8% against a decline of 11.4% expected in 2020.

The manufacture of food products should rise by 5.2% after the estimated decline in 2020 (-5.0%).

''This dynamism would be supported by the resumption of the activity of edible fats which would grow by 6.9% thanks to the measures taken by the authorities for a better supervision of the collection of groundnut seeds and the continuation of the recovery of SONACOS SA'', according to the report.

Growth of 8.2% in 2021 is expected for the husked rice and flour manufacturing sub-sectors.

Fish processing should strengthen in 2021 with an expected increase of 5.8% thanks to a good recovery in fishing activity.

The report underlines in a context of weak rise in the price of the barrel of oil, an increase of 3% is expected in the field of oil refining.

Regarding the manufacture of basic chemical products, the activity should consolidate with an expected growth of 8.4% in 2021.

In 2021, according to the report, an increase of 7.1% is expected for the “electricity and gas” sub-sector against 9.1% in 2019.

According to forecasts, the construction sub-sector will experience an increase of 8.3% in 2021 against an expected increase in 2020 of 6.6%.

As for the tertiary sector, it should grow by 4.8% in 2021 against a forecast of -2.8% in 2020, i.e. an estimated contribution of 2.2 percentage points to GDP growth.

In 2021, commercial activities could experience an increase of 6.3% under the effect of the strengthening of demand, “in an environment marked by an upturn in almost all economic activities”.