NEWS

Georgian economy declines 11.5% in Jan 2021

Growth was registered in information and communication, financial and insurance activities. Photo: Nino Alavidze/Agenda.ge.

Agenda.ge, 26 Feb 2021 - 11:48, Tbilisi,Georgia

Estimated real gross domestic product (GDP) declined by 11.5% in January 2021 year-on-year, show the latest data from the National Statistics Office of Georgia (Geostat).

Last month the following industries of the economy posted negative growth compared to the same period of the previous year:

Construction
Transportation and storage
Manufacturing
Accommodation and food service activities
Arts, entertainment and recreation
Real estate activities
Electricity, gas, steam and air conditioning supply
Wholesale and retail trade
Repair of motor vehicles and motorcycles

Growth was registered in information and communication, financial and insurance activities.

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Estimated real gross domestic product (GDP) declined by 7.7 per cent in November 2020 year-on-year, and by 5.9 per cent in the first eleven months of 2020, show the latest data from the National Statistics Office of Georgia.

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18 Dec 2020

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Estimated real gross domestic product (GDP) declined by 3.9 per cent in October 2020 year-on-year, and by 5.1 per cent in the first ten months of 2020, show the latest data from the National Statistics Office of Georgia (Geostat).

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Georgian economy declines 5.1% in February 2021

31 Mar 2021

The estimated real gross domestic product (GDP) of Georgia declined by 5.1% in February 2021 year-on-year and by 8.3% in January-February of 2021 year-on-year, show preliminary data from the National Statistics Office of Georgia (Geostat).