31.Jan .2020 17:27

Geostat: an average estimated real GDP growth of Georgia equaled 5.2 percent for 2019


The estimated real Gross Domestic Product (GDP) growth rate in December 2019 equaled 3.8 percent. An average estimated real GDP growth equaled 5.2 percent for 2019, according to the Statistics Office of Georgia.

“In December 2019 the estimated real growth compared to the same period of the previous year was posted in the following activities: manufacturing, transport and storage, wholesale and retail trade; repair of motor vehicles and motorcycles, hotels and restaurants.

A decrease was registered in construction”, - Geostat report reads.

According to Geostat, VAT-taxpayer enterprise turnover has made up 8.67 billion GEL in 209. The increase is 4.4 % comparing to the previous year