Georgia’s economy grows 4.6% in February 2019
The estimated real gross domestic product (GDP) growth rate in February 2019 equalled 4.6%, while in January-February it was 4.1% year-on-year (y/y). Photo: Nino Alavidze/Agenda.ge.
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Georgia’s economy is growing steadily, show the latest data from the National Statistics Office of Georgia (Geostat).
The estimated real gross domestic product (GDP) growth rate in February 2019 equalled 4.6%, while in January-February it was 4.1% year-on-year (y/y).
Last month the estimated real growth, compared to the same period of the previous year, was posted in the following activities:
- Manufacturing
- Trade
- Real estate, renting and business activities
A decrease was registered in construction.
Various international financial institutions also have positive expectations for Georgia’s economic growth.
The International Monetary Fund (IMF) forecasts Georgian economy to grow by 4.6% in 2019.
The World Bank predicts Georgia’s economic growth to hit 5%.
Georgia’s economy is growing steadily, show the latest data from the National Statistics Office of Georgia (Geostat).
Georgia’s economy is growing steadily, show the latest data from the National Statistics Office of Georgia (Geostat).
The Georgian economy grew 4.7% year-on-year in the first 11 months of 2018, announces the National Statistics Office of Georgia (Geostat).The estimated real GDP growth rate in November 2018 was equal to 2.2% year-on-year, Geostat said.
The Georgian economy will grow by 5% in 2019 and by 4.9% in 2020 with higher investment spending, says Asian Development Bank’s flagship economic publication. Inflation is projected to accelerate to 3.2% in 2019 before slowing to 3% in 2020.
The World Bank forecasts 4.6% economic growth in Georgia in 2019, 4.8% in 2020 and 5% in 2021, shows the Europe and Central Asia Economic Update of the World Bank.
Georgia’s economy is growing steadily, show the latest data from the National Statistics Office of Georgia.The estimated real gross domestic product growth rate in March 2019 equalled 6%, while the estimated average real GDP growth for the Q1 equalled 4.7% year-on-year.
What does last year look like in numbers?
The director of the National Statistics Office of Georgia (Geostat) Gogita Todradze summirised 2018 and highlighted Georgia’s main statistical data from the past year earlier today.
Georgia’s economy is growing steadily, show the latest data from the National Statistics Office of Georgia (Geostat). The estimated real gross domestic product (GDP) growth rate in March 2019 equalled 5.1%, while the estimated average real GDP growth for the first four months of 2019 equalled 4.8% year-on-year.