Georgian economy grows 5% in June 2019
Geostat Director Todradze said exports have grown 11.5% in January - June 2019, reaching 1,775,400,000 USD. Photo: Nino Alavidze/Agenda.ge.
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The Georgian GDP has increased 5% in June 2019, show the latest data from the National Statistics Office of Georgia (Geostat).
Geostat reports that GDP has grown 4.9% overall in January - June 2019.
Geostat Director Gogita Todradze said the financial sector observed a decrease in June while all the other sectors experienced growth including transport, real estate, hotel and restaurants and construction.
Geostat Director Todradze said exports have grown 11.5% in January - June 2019, reaching 1,775,400,000 USD.
Meanwhile imports have dropped to 4,192,900,000 USD (4.9%),” Gogita Todradze said.
Geostat data show that 3,893 new enterprises were registered in June, which is 2% less than the data from June 2018.
The estimated real gross domestic product (GDP) growth rate in May 2019 equalled 4.7%, while the estimated average real GDP growth for the first five months of 2019 equalled 4.9% year-on-year, says the National Statistics Office of Georgia (Geostat).
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Georgia’s economy is growing steadily, show the latest data from the National Statistics Office of Georgia.The estimated real gross domestic product growth rate in March 2019 equalled 6%, while the estimated average real GDP growth for the Q1 equalled 4.7% year-on-year.
The Georgian GDP has increased 6.1% in July 2019, show the latest data from the National Statistics Office of Georgia (Geostat).
The real gross domestic product (GDP) growth rate in Georgia in the second quarter (Q2) of 2019 came out to 4.5 per cent year on year (y/y) announces the latest data from National Statistics Office of Georgia (Geostat).
Georgian GDP has increased 5.8 per cent in August 2019 compared to the same period of last year, show the latest data from the National Statistics Office of Georgia (Geostat).
The Georgian gross domestic product (GDP) has increased 5.2 per cent in September 2019 compared to the same period of last year, show the latest data from the National Statistics Office of Georgia (Geostat).