29.Sep .2022 18:00

Which Sectors In The Economy Did Grow The Most?

Which Sectors In The Economy Did Grow The Most?
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In 2Q2022, the volume of the gross domestic product at current prices equaled GEL 18 billion, while the GDP growth made up 7.1% in the same period of the previous year, the National Statistics Offie of Georgia reports.

As of the document, the highest - 75.9% increase was recorded in the energy sector, which was related to the increase in the volume of electricity generated in Georgia. 400% increase has been observed the electricity exports. Until now, Georgia has exported electricity worth USD 74 million, which was a record figure compared to previous years.

Growth of 28% has been observed in the communications sector, 18% - in transport, and a 7% - in finance. There is a 3% decrease in the construction sector, as well as in the real estate sector.

Revenues of companies operating in the healthcare sector have decreased the most, by 12.7%.

● Energy - 75.9%
● Other services - 32.3%
● Information and communication - 27.7%
● Administrative and support service activities - 24.4%
● Transport and warehousing - 18.6%
● Mining industry - 12.6%
● Education - 12.0%
● Activities of households as tenants; Production of undifferentiated goods and services by households for their own consumption - 11.0%
● Agriculture, forestry and fish farming - 10.9%
● Water supply; Sewage, waste management and decontamination activities - 10.7%
● Tourism - 9.2%
● Financial and insurance activities - 6.7%
● GDP at basic prices - 6.0%
● State governance and defense; Compulsory social security - 4.8%
● Wholesale and retail trade; Car and motorcycle repair - 3.0%
● Arts, entertainment and recreation - 2.1%
● Manufacturing industry - -1.6%
● Activities related to real estate - -2.7%
● Construction - -3.2%
● Professional, scientific and technical activities - -9.2%
● Healthcare and social service activities - -12.7%