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World Bank projects 4.6% economic growth in Georgia in 2019

World Bank projects 4.6% economic growth in Georgia in 2019

The World Bank forecasts 4.6% economic growth in Georgia in 2019, 4.8% in 2020 and 5% in 2021, shows the Europe and Central Asia Economic Update of the World Bank. As for Georgia’s neighbouring countries, Armenia will experience 4.2% economic growth, Azerbaijan – 3.3% growth, Russia – 1.4% growth and Turkey – 1% growth. Another […]

Georgia’s economy grows 3.5% in January 2019

Georgia’s economy grows 3.5% in January 2019

Georgia’s economy is growing steadily, show the latest data from the National Statistics Office of Georgia (Geostat). The estimated real gross domestic product (GDP) growth rate in January 2019 equaled 3.5% year-on-year (y/y). Last month the estimated real growth, compared to the same period of the previous year, was posted in the following activities: Trade […]