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

Georgian Wine Participates at the Stockholm Exhibition

One of the largest wine and food exhibition, “Stockholm Food and Wine 2019”, was held in...

Continue reading
by Giorgi

Hong Kong Hosts Georgian Wine Festival

For the purpose of diversification of Georgian wine exports markets, Georgian Wine festival was...

Continue reading
by Giorgi

Georgian wine Presented at Polish Christmas fairs

Within the framework of the campaign "Explore Georgia", presentation of the Georgian is organized...

Continue reading
by Giorgi

Join The Discussion