How Much Did Georgian Economy Grow In October?

01:42 Tue, 28 June

GEO

USD

$ 2.9349

EUR

€ 3.1066

GBP

£ 3.6049

RUB

₽ 0.0543

TRY

₺ 0.0018

AZN

₼ 0.0173

Bitcoin

20,903.9000

Ethereum

1,203.2300

Bitchoin Cash

111.6390

Litecoin

55.9340

XRP

0.3550

30.Nov .2021 11:30

How Much Did Georgian Economy Grow In October?

257

Back

Author:Natia Taktakishvili

The estimated real Gross Domestic Product (GDP) growth rate in October 2021 amounted to 6.9% y-o-y and 10.5% in 10M2021, - show the preliminary data from Statistics Office of Georgia (Geostat).

"In October 2021 the estimated real growth compared to the same period of the previous year was observed in the following activities: Manufacturing, Transportation and storage, Arts, entertainment and recreation, Electricity, gas, steam and air conditioning supply, Financial and Insurance activities, Hotels and restaurants, Trade. A decline was registered in Construction", - the report reads.

VAT taxpayers’ turnover amounted to GEL 9.7 million in October, which is 25.6% more compared to the same period of the previous year.

Geostat GDP VAT taxpayers