NEWS

Georgian economy grows 6.1% in July 2019

Geostat reports that GDP has grown 5.1% overall in January - July 2019. Photo: Nino Alavidze/Agenda.ge.

Agenda.ge, 30 Aug 2019 - 11:56, Tbilisi,Georgia

The Georgian GDP has increased 6.1% in July 2019, show the latest data from the National Statistics Office of Georgia (Geostat).

Geostat reports that GDP has grown 5.1% overall in January - July 2019.

In July 2019 the estimated real growth compared to the same period of the previous year was posted in the following activities: Construction, Manufacturing, Trade, Real estate, renting and business activities. A decrease was registered in Mining and quarrying and in Electricity, gas and water supply.

Exports have grown 12.4% in January - July 2019, reaching $2,102,200,000.

Meanwhile imports have dropped to $4,963,100,000 (4.7%), said Geostat.

Geostat data show that 4,152 new enterprises were registered in July, which is 0.5% more than the data from July 2018.

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Georgia’s economy grows 6% in March 2019

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