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Geostat: GDP Growth Rate Amounted to 8.3% in October

by Georgia Today
November 30, 2022
in Business & Economy
Reading Time: 1 min read
Geostat: GDP Growth Rate Amounted to 8.3% in October

The estimated real Gross Domestic Product (GDP) growth rate in October 2022 amounted to 8.3 percent YoY and 10.0 percent in January-October of 2022 YoY, National Statistic Office of Georgia reports.

The agency states that in October 2022 the estimated real growth compared to the same period of the previous year was observed in the following activities: Construction, Transportation and storage, Financial and insurance activities, Mining and quarrying, Hotels and restaurants, Arts, entertainment and recreation.

A decline was registered in Manufacturing and Real estate activities.

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