GeoStat – Economy reduced by 7.7% in June based on preliminary estimations
GeoStat – Economy reduced by 7.7% in June based on preliminary estimations

Estimated real Gross Domestic Product (GDP) declined by 7.7 percent in June 2020 YoY and by 5.8 percent in the first six months of 2020 YoY in Georgia.

In June 2020 the estimated real growth compared to the same period of the previous year was posted negative in almost all activities, other than Mining and quarrying and Water supply, sewerage, waste management and remediation activities.

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