GDP growth rate reaches 9.6 % in December 2021

The estimated real Gross Domestic Product (GDP) growth rate in December 2021 amounted to 9.6 per cent YoY and 10.6 per cent in 2021 compared to the previous year, Georgia’s National Statistics Office (GeoStat) has reported on Monday.

In December 2021 the estimated real growth compared to the same period of the previous year was observed in the following activities: Manufacturing, Transportation and storage, Trade, Hotels and restaurants, Electricity, gas, steam and air conditioning supply, Real estate activities, Arts, entertainment and recreation. A decline was registered in Construction, GeoStat noted.

Economic Growth in Georgia??
See the rapid estimates on?
?The estimated real GDP growth in December 2021
?Average real GDP growth in January-December 2021
??https://t.co/JA90dQOO5k pic.twitter.com/R9lbssfJtv

— Geostat (@Geostat100) January 31, 2022