Georgia’s sees 4.7% economic growth in 2Q17

Georgia’s sees 4.7% economic growth in 2Q17
# 18 September 2017 12:50 (UTC +04:00)

In the second quarter of 2017, the GDP growth rate in Georgia accounted for 4.7%.

According to the National Statistics Office of Georgia, the nominal GDP amounted to 9.066 billion laris, APA reports.

The volume of GDP is dominated by industry (16.7%) and trade (15.2%). During the reporting period, GDP per capita amounted to 2 438.3 laris.

The real GDP growth was recorded the most in construction (16.4%), hotel and restaurant business (12.9%), and in mining (7.4%). The GDP decline was observed in agriculture (-2.4%), electricity, gas and water supply (-0.9%).

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