Georgia’s estimated real Gross Domestic Product (GDP) growth rate amounted to 5.9% for November 2023 compared to the corresponding period of the previous year, according to the rapid estimates released by the National Statistics Office of Georgia on December 28.
Source: GeostatAccording to Geostat, the following activities contributed significantly to growth: financial and insurance activities; construction; professional, scientific-technical activities; and trade.
Declines were registered in manufacturing, energy, transportation and storage.
According to Geostat, the average real GDP growth for January-November 2023 equaled 6.9%.
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- 18/09/2023 – Geostat: Q2’23 GDP Up by 7.5%