Geostat this week released new data, revealing the growth of the Georgian business sector in 3Q2024.
The detailed breakdown is as follows:
- Business turnover: Increased by 13.7% to GEL 58.8 billion
- Production value: Increased by 16.3% to GEL 23.1 billion
- Purchases: Increased by 8.7% to GEL 30.8 billion
- Employment: Increased by 4.0% to 788.4 thousand people
- Wages: Average monthly pay reached GEL 2,190.1
Interestingly, trade and arts/entertainment had turnovers of 34% and 33.6%, respectively, placing these sectors at the top, whereas manufacturing, with 19.6%, and construction, with 19.5%, ranked highest in terms of production value.
