Electricity and Water generated a total value added of $16.2 million at constant prices in the quarter under review, decreasing by 24.3% compared to the March 2022 quarter.
This is according to the latest GDP report released by the Samoa Bureau of Statistics for the month of March.
Gross Domestic Product for the March 2023 Quarter at constant 2013 purchaser prices amounted to $512.3 million, increasing by 7.4% compared to the March 2022 quarter.
The industry’s performance was driven by the decline in water production year-on-year.
Electricity on the other hand increased its real value added by 14.2%, mainly through diesel and hydro production; however, it was not enough to counter the decline experienced in Water when compared on a yearly basis.
In nominal terms, the industry recorded a total value added of $11.8 million decreasing by 33.3% on a yearly basis and increasing by 16.4% on a quarterly basis.
Its share to total nominal GDP went down by 1.5 pp from 3.3pp in March 2022 to 1.8pp in March 2023 quarter.
