Georgian economy grows 5% in June 2019

Georgian  economy grows 5% in June 2019

The Georgian GDP has increased 5% in June 2019, show the latest data from the National Statistics Office of Georgia (Geostat).

Geostat reports that GDP has grown 4.9% overall in January – June 2019.

Geostat Director Gogita Todradze said the financial sector observed a decrease in June while all the other sectors experienced growth including transport, real estate, hotel and restaurants, and construction.

Geostat Director Todradze said exports have grown 11.5% in January – June 2019, reaching 1,775,400,000 USD.

Meanwhile imports have dropped to 4,192,900,000 USD (4.9%),” Gogita Todradze said.

Geostat data show that 3,893 new enterprises were registered in June, which is 2% less than the data from June 2018.

img

admin

Related posts

Georgia among top 50 in Global Innovation Index 2019 rankings for first time

Georgia has been put on the list of top 50 countries under the Global Innovations Index rankings in...

Continue reading
by admin

Georgia’s external trade at $5.96 bln in Jan-June 2019

Georgia’s external trade decreased by 0.6 percent and reached $5.96 billion in January-June...

Continue reading
by admin

Georgia’s economy grows 4.7% in May 2019

The estimated real gross domestic product (GDP) growth rate in May 2019 equalled 4.7%, while...

Continue reading
by admin

Join The Discussion