Georgian economy shrank by 3.9 % in September
Georgian economy shrank by 3.9 % in September

Estimated real Gross Domestic Product (GDP) declined by 3.9 per cent in October 2020 YoY and by 5.1 per cent in the first ten months of 2020 YoY, said GeoStat.

In October 2020 the estimated real growth compared to the same period of the previous year was posted negative in almost all activities, other than financial and insurance activities.

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