Browse Tag

National Statistics Office

Georgian economy contracted by 5.5 % in July 2020

2 mins read

The FINANCIAL — National Statistics Office of Georgia published data of rapid estimates of economic growth in Georgia (July 2020). Estimated real Gross Domestic Product (GDP) declined by 5.5 percent in July 2020 YoY and by 5.8 percent in the first seven months of 2020. In July of 2020 the estimated real growth compared to the same month of 2019 was posted negative in almost all activities. Growth was registered in Mining, quarrying and Manufacturing. Georgia’s real GDP contracted by 5.5% year-on-year in July, according to the preliminary data released by the National Statistics Office (Geostat) on August 31. Georgia’s real…

Read More »

Georgian economy contracted by 5.5 % in July 2020

2 mins read

The FINANCIAL — National Statistics Office of Georgia published data of rapid estimates of economic growth in Georgia (July 2020). Estimated real Gross Domestic Product (GDP) declined by 5.5 percent in July 2020 YoY and by 5.8 percent in the first seven months of 2020. In July of 2020 the estimated real growth compared to the…