Georgia's GDP jumps by 5.8 percent
Georgia, Tbilisi, June 21 / Trend N.Kirtzkhalia /
Georgia's GDP at current prices totaled 5.151.8 billion lari in the first quarter of 2011, up 20.0 percent, the Georgian National Statistics Office (GeoStat) reported.
The real growth of Georgia's GDP amounted to 5.8 percent in the first quarter of 2011 and deflator grew by 13.4 percenrt quarter-on-quarter.
The largest share in sectoral structure of GDP is held by Industry (18.8 percent) followed by trade services (17.1 percent), Transport and communication services (12.1 percent), Public administration (10.6), Agriculture, forestry and fishing (9.4), Health and social work services (7.1 percent).
Significant real growth was posted in the following sectors: financial Intermediation (24.0 percent), electricity, gas and water supply (12.4 percent), real estate, renting and business activities (9.5 percent), transport (9.1 percent), manufacturing (8.6 percent), hotels and restaurants (8.6 percent), communication (7.6 percent).
Moderate real growth was recorded in education (3.8 percent), trade (2.5 percent), Public administration (1.9 percent), agriculture, forestry and fishing (1.7 percent), other community, social and personal services (1.6 percent), health and social work services (1.1 percent).
Decrease in value added occurred in processing of products by households (5.5 percent) and construction (3.3 percent).