Georgian economy grows 5.1% in 2019

The real growth of gross domestic product (GDP) in Georgia amounted to 5.1 per cent in 2019 and the deflator percentage change equalled 6.6 per cent year-on-year, show the preliminary data published by the National Statistics Office of Georgia. 

Last year the largest shares of GDP by activity were held by: 

• Wholesale and retail trade; repair of motor vehicles and motorcycles (14.4 per cent) 
• Real estate activities (11.5 per cent)
• Manufacturing (10.1 per cent)
• Construction (8.6 per cent)
• Agriculture, forestry and fishing (7.2 per cent)
• Public administration and defence; compulsory social security (6.8 per cent)
• Transportation and storage (6.5 per cent)
• Financial and insurance activities (5.4 per cent)

Real growth was registered in:

• Wholesale and retail trade; repair of motor vehicles and motorcycles (8.8 per cent)
• Real estate activities (6.1 per cent)
• Transportation and storage (7.4 per cent)
• Arts, entertainment and recreation (14.3 per cent)
• Information and communication (15.2 per cent)
• Accommodation and food service activities (8.9 per cent)
• Human health and social work activities (9.6 per cent)
• Education (8.8 per cent)

A decrease in real value-added was recorded in public administration and defence; compulsory social security (-2.7 per cent) and financial and insurance activities (-2.1 per cent), said Geostat.