30.Nov .2021 11:30

How Much Did Georgian Economy Grow In October?

How Much Did Georgian Economy Grow In October?
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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.