Georgia’s estimated real Gross Domestic Product (GDP) growth rate amounted to 9.2% for May 2024 compared to the corresponding period of the previous year, according to the rapid estimates released by the National Statistics Office of Georgia on June 28.
According to Geostat, the following activities contributed significantly to growth: information and communication; professional, scientific and technical activities; financial and insurance activities; construction; transportation; and storage.
According to Geostat, the average real GDP growth for January-May 2024 equaled 9.3%.
Also Read:
- 19/06/2024 – Georgia’s GDP Up by 8.4% in Q1’24
- 31/05/2024 – Georgia’s GDP Up by 11.8% in April 2024
- 30/04/2024 – Georgia’s GDP Up by 8.2% in March 2024
- 29/03/2024 – Georgia’s GDP Up by 9.5% in February 2024
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