Based on preliminary estimates the nominal Gross Domestic Product in 2017 amounted to 38 042.2 million GEL, up by 11.8 percent y-o-y. In 2017 the real growth of GDP amounted to 5.0 percent and the deflator percentage change equaled 6.5 percent y-o-y. The largest shares of GDP by activity are held by Trade services (17.6 percent) and Industry (16.4 percent), followed by Transport and Communication services (10.2 percent), Construction (9.3 percent), Public administration (8.5 percent), Agriculture, Forestry and Fishing (8.2 percent), Real Estate, Renting and Business Activities (6.9 percent) and Health and Social work (6.0 percent).
Real growth was registered in Construction (11.2 percent), Hotels and Restaurants (11.2 percent), Financial intermediation (9.2 percent), Transport (7.2), Mining and Quarrying (7.1 percent), Wholesale and Retail Trade; Repair of Motor Vehicles, Motorcycles and Personal and Household Goods (6.6 percent), Real estate, Renting and Business Activities (6.3 percent), Manufacturing (5.0 percent). A decrease in the real value-added was recorded in Agriculture, Hunting and Forestry; Fishing (-2.7 percent) and Processing of Products by Households (-2.7 percent).
