Georgia’s GDP grows 3% in July 2015
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The country’s Gross Domestic Product (GDP) experienced an average real growth of 3 percent year-on-year (y/y) in July 2015, says the country’s National Statistics Office.
Preliminary data from Geostat revealed the country enjoyed 2 percent growth in GDP y/y in Q2 2015, while the estimated real GDP growth for the first seven months of 2015 reached 2.6 percent y/y.
Head of the Government of Georgia, Prime Minister Irakli Garibashvili encouraged the business sector to work together with the Government and support local production in order to enjoy a better economy and a stronger national currency.
"Doing business is absolutely free today; we have free media, court and all conditions created for Georgian entrepreneurs to run their business without any obstacles,” he said.
"Our goal is to produce Georgian products and compete with imported and low quality products. The Government is ready to support the business society who needs more encouragement,” Garibashvili said.
Georgia’s Gross Domestic Product (GDP) experienced an average real growth of 3.2 percent in the first three months of the year, says the country’s National Statistics Office (Geostat).
The Prime Minister of Georgia is encouraging the public to work together with the Government and support local production in order to enjoy a better economy and a stronger national currency.
Georgia’s Gross Domestic Product (GDP) has increased 8.5 percent year-on-year (y/y) totalling more than 29 million GEL, says the country’s National Statistics Office, Geostat.
In the third quarter (Q3) of 2015, Georgia’s Gross Domestic Product (GDP) showed a real growth of 2.5 percent year-on-year (y/y), while the GDP deflator increased by 6.3 percent.
In November 2015, the estimated real Gross Domestic Product (GDP) growth rate amounted to 5.3 percent year-on-year (y/y) in Georgia, says the National Statistics Office of Georgia (Geostat).
The estimated annual growth of Georgia’s real Gross Domestic Product (GDP) equalled 2.8 percent in 2015, says the National Statistics Office of Georgia (Geostat).
Georgia’s Gross Domestic Product (GDP) grew 0.8 percent year-on year (y/y) in January 2016, says the National Statistics Office of Georgia, Geostat.
Georgia’s Gross Domestic Product (GDP) increased 8.7 percent in 2015, says the National Statistics Office of Georgia (Geostat). Last year Georgia’s GDP at current prices totalled 31.7 million GEL (about $13.7 million/€ 12.1 million*), said Geostat.
Georgia’s economy is growing, shows preliminary data published by the National Statistics Office of Georgia (Geostat).