In July 2024, real GDP increased by 13.0%. As a result, in January-July 2024, the economy of Georgia grew by 9.7% annually, Galt&Taggart reports.
“Real GDP grew by 13.0% in July 2024, following a 7.5% increase in the previous month. In total, in January-July 2024, the economy of Georgia grew by 9.7% annually.
In July, the growth of the economy was mainly determined by the construction, manufacturing industry, information and communications, professional and scientific activities and trade sectors. However, the decrease was observed only in the energy sector,” said Galt&Taggart.
