NEWS

Georgia’s economy grows 4.4% in January 2018

The estimated real GDP growth rate in January 2018 amounted to 4.4 percent y/y. Photo by N. Alavidze/Agenda.ge.

Agenda.ge, 28 Feb 2018 - 11:20, Tbilisi,Georgia

Georgia’s economy is growing steadily, reaching 4.4 percent growth in the first month of 2018, show the latest data from the National Statistics Office of Georgia (Geostat).

In January 2018 the estimated real Gross Domestic Product (GDP) growth, compared to the same period of the previous year, was registered in the following activities:

Manufacturing
Other community, social and personal service activities
Construction
Trade
Hotels and restaurants

On the other hand a decrease occurred in:

Other business activities
Transport
Electricity, gas and water supply
Communication

Various international financial institutions have positive expectations about Georgia’s economic growth.

The World Bank predicts Georgia’s economic growth will hit 4.2 percent in 2018.

The European Bank for Reconstruction and Development (EBRD) said that Georgia’s economy will grow by 4.5 percent in 2018.

The Asian Development Bank (ADB) forecast the Georgian economy will grow by 4.5 percent in 2018.

Preliminary data: Georgia’s economy grows 4.8% in 2017

30 Jan 2018

Georgia’s economy is growing steadily, show the latest data from the National Statistics Office of Georgia (Geostat). The estimated real Gross Domestic Product (GDP) growth rate in December 2017 and in the fourth quarter (Q4) of 2017 amounted to 4.7 percent year-over-year (y/y).

Georgia’s economy grows 4.8% in 10 months

29 Dec 2017

Georgia’s economy is growing steadily, reaching 4.8 percent growth in the first 10 months of 2017, show the latest data from the National Statistics Office of Georgia (Geostat). Meanwhile, in November 2017, the estimated real Gross Domestic Product (GDP) growth rate amounted to 3.7 percent year-over-year (y/y).

Georgia’s economy grows 4.4% in third quarter of 2017

19 Dec 2017

Georgia experienced 4.4 percent economic growth in the third quarter (Q3) of 2017, show the latest data from the National Statistics Office of Georgia (Geostat).

10 months data: Georgia’s economy grows almost 5%

30 Nov 2017

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.

Georgia’s nominal GDP amounted to 38 billion GEL in 2017

21 Mar 2018

Georgia’s nominal Gross Domestic Product (GDP) in 2017 amounted to 38 billion GEL, up by 11.8 percent year-on-year (y/y), shows the preliminary data from the National Statistics Office of Georgia (Geostat).

Georgia’s economy grows almost 5% in Jan-Feb 2018

30 Mar 2018

Georgia’s economy grew 4.9 percent in the first two months of 2018, show the latest data from the National Statistics Office of Georgia (Geostat). Last month the estimated real Gross Domestic Product (GDP) growth rate amounted to 5.5 percent year-on-year (y/y).

Q1 2018: Georgia’s economy grows 5.2%

30 Apr 2018

Georgia’s economy grew 5.2 percent in the first quarter of 2018, show the latest data from the National Statistics Office of Georgia (Geostat). Last month the estimated real Gross Domestic Product (GDP) growth rate amounted to 5.6 percent year-on-year (y/y).

Jan-Apr 2018: Georgia’s economy grows 5.5%

30 May 2018

Georgia’s economy grew 5.5 percent in the first four months of 2018, show the latest data from the National Statistics Office of Georgia (Geostat).

Q1 2018: Real growth of GDP in Georgia amounts 5.3%

19 Jun 2018

In the first quarter (Q1) of 2018 the real growth rate of gross domestic product (GDP) amounts to 5.3 percent year-on-year (y/y) in Georgia, says the National Statistics Office of Georgia (Geostat). In the reporting period the GDP deflator increased by 4.3 percent and the nominal GDP totalled 9.15 billion GEL.