This year’s growth rate was higher than 2012’s increase of 5.25% and 2013’s increase of 5.42%, it shows a positive sign of the economy. Of the growth rate of 5.98% for the whole economy, the agriculture, forestry and fishery grew by 3.49%, higher than 2013’s increase of 2.64%, contributed 0.61 percentage points to the overall growth; the industry and construction by 7.14%, higher than the last year’s increase of 5.43%, contributed 2.75 percentages points; the service by 5.96%, contributed 2.62 percentage points.

Of the agriculture, forestry and fishery, although the agriculture had the low growth of 2.60%, its scale was the largest (about 74%), contributed 0.35 percentage points. Of the industry and construction, the industry increased by 7.15% from the last year, of which the manufacturing had the relatively positive change with the high growth of 8.45%, much higher than the growth of some previous years (increase of 5.80% in 2012; 7.44% in 2013), contributed significantly to the growth rate of the sector II and contributed an important part to the general growth. Of the service sector, some industries had the contribution with large proportions to the overall growth as follows: the wholesale and retail represented the largest proportion, reached an increase of 6.62% from 2013, contributed 0.91 percentage points; the finance, banking and insurance went up by 5.88%; the real estate business was improved with a growth of 2.85%, higher than the last year’s increase of 2.17%.

Regarding the structure of the economy, the agriculture, forestry and fishery accounted for 18.12%; the industry and construction accounted for 38.50%; and the service sector accounted for 43.38% (2012’s corresponding proportions were: 18.38%; 38.31%; and 43.31%).

In terms of GDP to use in 2014, final consumption increased by 6.20% compared to 2013, contributing 4.72 percentage points to overall growth (the household final consumption increased by 6.12%, higher than the last year’s growth of 5.18%); accumulated assets went up by 8.90%, contributing 2.90 percentage points.

Source: General statistics office