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Trade sector has highest share in total turnover in business sector of Georgia

Business Materials 5 March 2020 16:42
Trade sector has highest share in total turnover in business sector of Georgia

BAKU, Azerbaijan, March 5

By Tamilla Mammadova – Trend:

In the fourth quarter of 2019, the trade sector (including repair of motor vehicles and motorcycles) had the highest share (38.4 percent) in the total turnover in business sector in Georgia, Trend reports citing the Georgian National Statistical Office (Geostat).

This sector was followed by arts, entertainment and recreation with 24.7 percent share, manufacturing – 9.3 percent, construction – 8.2 percent, transportation and storage – 5.7 percent, electricity, gas, steam and air conditioning supply – 3.1 percent, with other sectors accounting for 10.6 percent share.

In the fourth quarter of 2019, construction (20.9 percent), manufacturing (20.9 percent), trade (17 percent) and transportation and storage (9.7 percent) occupied top four places in business sector production value. Other sectors had 31.5-percent share.

During the reporting period, trade (wholesale and retail trade, repair of motor vehicles and motorcycles), manufacturing and construction activities were leading in business sector by number of employees (with a share of 26.4 percent, 12.6 percent and 10.2 percent share respectively).

Meanwhile, enterprises engaged in health care and social work activities (10.1 percent), transportation and storage (8.1 percent) and accommodation and food service activities (5.7 percent) also had a significant share.

The regions leading in gross turnover included Tbilisi – 76.9 percent, Adjara – 6.6 percent, Kvemo Kartli – 4.8 percent, Imereti – 3.3 percent, Samegrelo-Zemo Svaneti – 2.8 percent.

In gross production value leaders were Tbilisi – 63.7 percent, Adjara – 9.8 percent, Kvemo Kartli – 8.4 percent, Imereti – 4.6 percent, Samegrelo-Zemo Svaneti – 4.6 percent.

Number of employees by regions was distributed as follows: Tbilisi – 64.6 percent, Adjara – 9.6 percent, Kvemo Kartli – 6.7 percent, Imereti – 5.5 prcent, Samegrelo-Zemo Svaneti – 3.7 percent

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