GDP 5.1% down in February 2021
GDP 5.1% down in February 2021

Estimated real Gross Domestic Product (GDP) declined by 5.1 % year-on-year in February 2021 and by 8.3 % in January-February of 2021, Georgia’s National Statistics Office (GeoStat) reported on Wednesday.

In February 2021, the estimated real growth compared to the same period of the previous year was posted negative in the following activities: construction, accommodation service activities, arts, entertainment and recreation, transportation and storage, real estate activities, manufacturing, GeoStat said.

Growth was registered in financial and insurance activities, trade, water supply, sewerage, waste management activities, the Agency added.

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