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GDP Growth Amounted to 7.2%In 1Q2023

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Natia Taktakishvili
28.04.23 12:00
1556
The estimated real Gross Domestic Product (GDP) growth rate amounted to 7.3% for March 2023 compared to previous year and the average real GDP growth of Q1 2023 equaled 7.2%, - according to the National Statistics Office of Georgia (Georgia).

According to Geostat, in March 2023 the estimated real growth compared to the same period of the previous year was observed in the following activities: Construction, Financial and insurance activities, Transportation and storage, Trade.

Declines were registered in Manufacturing, Energy and Real estate activities.