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GDP Up By 8.3% In 2023 - Geostat

The TImes

The estimated real Gross Domestic Product (GDP) growth rate amounted to 8.3 percent YoY for December 2023 and 7.0 percent in 2023 compared to previous year, - according to the preliminary data from the National Statistics Office of Georgia (Geostat).

As of the document, in December 2023, compared to the same period of the previous year, the estimated real growth in following activities contributed significantly: Construction, Manufacturing, Financial and insurance activities, Information and communication.

Declines were registered in Energy and Real estate activities.