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GeoStat: Economy in November up by 5.9%

by Georgia Today
December 29, 2023
in Highlights, Social & Society
Reading Time: 1 min read
GeoStat: Economy in November up by 5.9%

The estimated real Gross Domestic Product (GDP) growth rate amounted 5.9 percent for November 2023 year-over-year, and the average real GDP growth for January-November 2023 equalled 6.9 percent, the National Statistics Service (GeoStat) reported.

In November 2023, compared to the same period of the previous year, the estimated real growth in the following activities contributed significantly: Financial and insurance activities, Construction, Professional, scientific-technical activities and Trade.

Declines were observed in Manufacturing, Energy, Transportation and storage.

Tags: Economic GrowthGeostat statistics
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