Baku, Azerbaijan, September 18
By Tamilla Mammadova – Trend:
The nominal Gross Domestic Product (GDP) of Georgia amounted to 11,026.3 million lari in the second quarter of 2019, Trend reports via the Georgian National Statistics Office (Geostat).
The real growth rate of GDP equaled 4.5 percent year-over-year, while the GDP deflator increased by 3.8 percent.
Real growth was registered in the following activities: transport (17.9 percent), real estate, renting and business activities (16.9 percent), hotels and restaurants (14.1 percent), electricity, gas and water supply (11.5 percent), communication (10.8 percent), health and social work (9.3 percent), wholesale and retail trade, repair of motor vehicles, motorcycles and personal and household goods (7.4 percent), other community, social and personal service activities (5.2 percent), financial intermediation (4.3 percent), public administration (3 percent).
A decrease in the real value-added occurred in education (-7.9 percent), mining and quarrying (-7.7 percent), construction (-4.6 percent), manufacturing (-4.5 percent).
The largest shares of GDP by activity are held by trade (16.8 percent) and industry (16.4 percent), transport and communication (10.9 percent), construction (8.8 percent), public administration (7.8 percent), real estate, renting and business activities (7.4 percent).
(1 USD = 2.96 GEL on September 18)