GDP Growth Amounted To 11.6% In Georgia In May

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30.Jun .2022 13:00

GDP Growth Amounted To 11.6% In Georgia In May

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Author:Natia Taktakishvili

The estimated real Gross Domestic Product (GDP) growth rate in May 2022 amounted to 11.6% y-o-y and 11.2% in January-May of 2022 y-o-y, - according to the National Statistics Office of Georgia (Geostat).

According to the report, in May 2022 the estimated real growth compared to the same period of the previous year was revealed in almost all sectors.

Significant contributions to real GDP growth was observed in the following activities: Transportation and storage, Electricity, gas, steam and air conditioning supply, Hotels and restaurants, Manufacturing, Construction, Mining and quarrying.

Geostat GDP Growth Rate