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Georgia reveals sectors affected by real GDP growth

Georgia Materials 30 November 2021 13:19 (UTC +04:00)
Georgia reveals sectors affected by real GDP growth

BAKU, Azerbaijan, Nov. 30

By Maryana Akhmedova – Trend:

Georgia’s estimated real GDP from January through October 2021 has shown growth by 10.5 percent, Trend reports via National Statistics Office (Geostat).

According to Geostat, Georgian GDP decreased by 5.1 percent over the first 10 months of 2020.

Meanwhile, Georgian GDP growth rate in October 2021 reached 6.9 percent, compared to decline of 3.9 percent in the same period of 2020.

TOP-8 economic sectors, where the real GDP growth was recorded in Oct.2021:

- Manufacturing;

- Transportation and storage;

- Arts, entertainment and recreation;

- Electricity, gas, steam and air conditioning supply;

- Financial and Insurance activities;

- Hotels and restaurants;

- Trade

According to the statistics, the decline of the GDP growth was indicated in the construction sector.

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