GeoStat: Economy up by 11.8 percent in April
GeoStat: Economy up by 11.8 percent in April

The estimated real Gross Domestic Product (GDP) growth rate amounted to 11.8 percent for April 2024 compared to the previous year and the average real GDP growth for January-April 2024 equalled 9.0 percent, the National Statistics Service (GeoStat) reported.

In April 2024, compared to the same period of the previous year, the estimated real growth in the following activities contributed significantly: Manufacturing, Construction, Information and Communication, Transportation and Storage, Trade, Professional, Scientific and Technical activities.

The decline was observed in the Energy sector.