The estimated real Gross Domestic Product (GDP) growth rate amounted 6.2% for October 2023 year-over-year and the average real GDP growth for January-October 2023 equaled 6.9%, - according to the preliminary data from the National Statistics Office of Georgia (Geostat).
As of the document, in October 2023, compared to the same period of the previous year, the estimated real growth in the following activities contributed significantly: Financial and insurance activities, Wholesale and retail trade; repair of motor vehicles and motorcycles, Transportation and storage.
Declines were registered in Manufacturing and Real estate activities.