Georgia’s economy grows 4% in Q2 2017
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Georgia’s economy is growing steadily, show the latest data from the National Statistics Office of Georgia (Geostat).
In June 2017, the estimated real Gross Domestic Product (GDP) growth rate amounted to 4.6 percent year-over-year (y/y).
Meanwhile, the estimated real GDP average growth equalled four percent for the second quarter (Q2) 2017 and the estimated real GDP growth for the first half of 2017 reached 4.5 percent y/y.
Various international financial institutions also have positive expectations about Georgia’s economic growth.
The World Bank Group projects Georgia’s economic growth will hit 3.5 percent in 2017 and four percent in 2018.
The International Monetary Fund (IMF) expects four percent growth for Georgia’s economy in 2017.
Global rating agency Fitch Ratings forecasts 4.2 percent growth in 2017 for Georgia.
As for government authorities, the Finance Minister Dimitry Kumsishvili expected economic growth to exceed four percent this year.
Georgia experienced 5.1 percent economic growth in the first quarter of 2017, show the latest data from the National Statistics Office of Georgia (Geostat).
Georgia’s economy is growing steadily, reaching five percent growth, show the latest data from the National Statistics Office of Georgia (Geostat).
Georgia’s economy is growing steadily and the country is experiencing positive economic dynamics thanks to the increase in exports, hosting more tourists and receiving a larger amount of remittances.
Georgia’s economy is growing steadily and the country is experiencing positive economic dynamics thanks to the increase in exports, hosting more tourists and receiving a larger amount of remittances.
Georgia’s economy is growing steadily, show the latest data from the National Statistics Office of Georgia (Geostat).
Georgia experienced 4.7 percent economic growth in the second quarter of 2017, show the latest data from the National Statistics Office of Georgia (Geostat). In Q2 of 2017 the largest shares of GDP by activity are held by Industry and Trade services.
Georgia experienced 4.7 percent economic growth in the first eight months of 2017, show the latest data from the National Statistics Office of Georgia (Geostat).
The annually adjusted Gross Domestic Product (GDP) of Georgia at current prices in 2016 totalled 34.02 billion GEL, up by 7.2 percent year-on-year (y/y), show the latest data from the National Statistics Office of Georgia (Geostat).
Georgia experienced 4.9 percent economic growth in the first 10 months of 2017, show the latest data from the National Statistics Office of Georgia (Geostat). Meanwhile, the estimated real Gross Domestic Product (GDP) growth rate amounted to 5.7 percent year-on-year in October 2017.