GeoStat: Georgian economy up by 9.5 percent in 2024
GeoStat: Georgian economy up by 9.5 percent in 2024

The estimated real Gross Domestic Product (GDP) growth rate amounted to 6.7 percent YoY for December 2024 and 9.5 percent in 2024 compared to the previous year, the National Statistics Service (GeoStat) reported.

In December 2024, compared to the same period of the previous year, the estimated real growth in the following activities contributed significantly: Financial and insurance activities, Professional, scientific and technical activities, Transportation and storage, Trade, Information and communication.

The decline was observed in Manufacturing.