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Georgia's real GDP growth amounts to 6 percent

Business Materials 21 March 2011 17:19 (UTC +04:00)

Georgia, Tbilisi, March 21 / Trend N.Kirtzkhalia /

Georgia's real GDP growth hit 6 percent in the fourth quarter of 2010 compared to the same period in 2009, the Georgian State Statistics Agency reported on Monday. The GDP amounted to 6.058 billion lari at the current price, which is 17.6 percent higher than last year.

The GDP per capita amounted to 365.6 lari in the fourth quarter of 2010.

Trade occupies the largest share in the sectoral composition of the GDP - 19.1 percent, industry - 17.1 percent, state management - 13.2 percent, transport and communications - 10.4 percent, and agriculture and fishing industries - 8.5 percent

Double-digit growth was recorded in the following sectors: financial intermediation - 31.5 percent, manufacturing industry - 24.2 percent, trade - 19.5 percent, hotels and restaurants - 15.6 percent, real estate, rental and maintenance - 11.1 percent and communications - 10.8 percent.

The country's fixed growth was as follows: transport services - 8.8 percent, construction - 7.7 percent, community, social and personal service - 5.5 percent, mining industry - 5.1 percent, education - 3.3 percent, and health and social assistance - 2 percent.

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