The estimated real gross domestic product (GDP) growth rate in August 2021 amounted to 10.3% year-on-year and 12% in January-August of 2021 year-on-year, show preliminary data from the National Statistics Office of Georgia (Geostat).
A decline was registered in construction, mining and quarrying.
Georgian Prime Minister Irakli Garibashvili said that the economic growth data of Georgia 'is unprecedented in the region' and it became possible to achieve high economic growth thanks to state programmes such as Preferential Agro-Credit, Produce in Georgia, Plant the Future and others.
He said that starting 2022, the government will implement larger programmes and will invest 2.5 billion GEL in the development of local production while 7 billion GEL will be invested in agriculture.