In Q2 2022 the nominal Gross Domestic Product (GDP) amounted to GEL 18 billion. The real GDP increased by 7.1% YoY, while the GDP deflator percentage change equaled to 8.2%,- according to the preliminary data published by the National Statistics Office of Georgia (Geostat).
According to the document, significant contributions to the real GDP growth in Q2 2022 is related to increase of value-added of the following activities: Electricity, gas, steam and air conditioning supply (75.9 percent), Transportation and storage (18.6 percent), Information and communication (27.7 percent), Agriculture, forestry and fishing (10.9 percent), Education (12.0 percent), Wholesale and retail trade (3.0 percent).
A decrease in the real value-added occurred in Human health and social work activities (-12.7percent), Real estate activities (-2.7 percent), Construction (-3.2 percent).
The largest share in GDP by activity is held by Trade (16.5 percent) and Manufacturing (10.9 percent), followed by Real estate activities (10.0 percent), Agriculture, forestry and fishing (8.3 percent), Construction (7.6 percent), Transportation and storage (6.5 percent), Public administration (6.0 percent), Arts, entertainment and recreation (4.8 percent).
