Georgian economy grows 3.8% in December 2019
Geostat data show that 4,015 new enterprises were registered in December 2019, which is a 16.1 per cent increase compared to December 2018. Photo: Nino Alavidze/Agenda.ge.
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Georgian gross domestic product (GDP) grew 3.8 per cent in December 2019 compared to the same period of last year, show the latest data from the National Statistics Office of Georgia (Geostat).
In December 2019 the estimated real growth compared to the same period of the previous year occurred in the following sectors: manufacturing, transport and storage, wholesale and retail trade; repair of motor vehicles and motorcycles and hotels and restaurants.
A decrease was registered in construction.
Rapid estimates of economic growth, 2019, y/y, %. Photo: Geostat.
Georgian external trade turnover increased to $12.83 billion (2.7 per cent higher y/y) in January-December 2019 show preliminary data from the National Statistics Office of Georgia (Geostat).
In 2019, the value of exports increased 12.4 per cent and reached $3.77 billion, while imports decreased 0.8 per cent and amounted to $9.06 billion.
External merchandise trade 2019, million US dollars. Photo: Geostat.
Geostat data show that 4,015 new enterprises were registered in December 2019, which is a 16.1 per cent increase compared to December 2018.
In November 2019 the estimated real growth compared to the same period of the previous year occurred in the following sectors: manufacturing, transport and storage, construction, wholesale and retail trade; repair of motor vehicles and motorcycles. A decrease was registered in real estate activities and in the arts, entertainment and recreation activities.
The real gross domestic product (GDP) growth rate in Georgia in the third quarter (Q3) of 2019 came out to 5.8 per cent year on year (y/y) shows the preliminary data from the National Statistics Office of Georgia (Geostat).
The Georgian gross domestic product (GDP) grew 5.7 per cent in October 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).
In Georgia the estimated real gross domestic product (GDP) growth rate in January 2020 equalled 5.1 per cent year-on-year, announces the National Statistics Office of Georgia.
The real growth of gross domestic product (GDP) in Georgia amounted to 5.1 per cent in 2019 and the deflator percentage change equalled 6.6 per cent year-on-year, show the preliminary data published by the National Statistics Office of Georgia.
Georgian gross domestic product (GDP) grew 2.2 per cent in February 2020 compared to the same period of last year, show the latest data from the National Statistics Office of Georgia (Geostat).