Georgia’s real Gross Domestic Product (GDP) increased by 8.3% year-over-year in October 2022, according to rapid estimates released by the National Statistics Office (Geostat) on 30 November.
Geostat said growth was observed in construction; transportation and storage; financial and insurance activities; mining and quarrying; hotels and restaurants; arts, entertainment, and recreation.
Meanwhile, a decline was seen in manufacturing and real estate activities.
- 31/10/2022 – Georgia’s GDP Up 8.8% in September 2022
- 30/09/2022 – Georgia’s GDP Up 10.5% in August 2022