January 2016: Georgia’s GDP grows 0.8%
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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.
The statistics agency noted the estimated annual growth of the country’s GDP equalled 2.8 percent in 2015.
Meanwhile, world leading financial institutions projected Georgia’s economy would grow about two or three percent in 2015 and this trend would continue in 2016 as well.
The European Bank for Reconstruction and Development (EBRD) forecast Georgia’s economy would decelerate to 2.3 percent growth in 2015 and 2.6 percent growth in 2016, reflecting mainly a deteriorating external environment, with recession in Russia and sharp slowdown of regional trading partners.
The World Economic Outlook (WEO) by the International Monetary Fund projected Georgia’s real GDP growth would be two percent in 2015, three percent in 2016 and reach five percent in 2020.
Earlier Fitch Ratings predicted Georgia would experience two percent economic growth in 2015, while another global ratings agency Moody's reported Georgia’s economy would grow 3.5 percent in 2015.
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).
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).
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.
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.
Georgia’s estimated real Gross Domestic Product (GDP) growth rate enjoyed a 2.3 percent increase year-on-year (y/y) in August 2015, says the country’s National Statistics Office, Geostat.
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.
Georgia’s economy is growing, shows preliminary data published by the National Statistics Office of Georgia (Geostat).
Georgia’s economy is growing, shows preliminary data published by the National Statistics Office of Georgia (Geostat).
The European Bank for Reconstruction and Development (EBRD) has revised its economic growth forecast for Georgia for 2016 and beyond.
Georgia’s economy is growing, shows preliminary data published by the National Statistics Office of Georgia (Geostat).
In the first quarter of 2016 (Q1), the real growth of Georgia’s Gross Domestic Product (GDP) was 2.6 percent, says the National Statistics Office of Georgia (Geostat).
Georgia’s economy is growing, shows preliminary data published by the National Statistics Office of Georgia (Geostat).
Georgia’s economy is growing, shows preliminary data published by the National Statistics Office of Georgia (Geostat).
Georgia’s economy is growing, shows preliminary data published by the National Statistics Office of Georgia (Geostat).