Economic growth rate

Highest Growing Sectors in Georgian Economy

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Photo: Facebook.cpm/Babilon Tower

In the first 10 months of 2017, the real growth of Gross Domestic Product (GDP) in Georgia amounted to 4.4%.

GeoStat has published a report representing the main indicators for the economic activities of each sector and industry.

It turns out that the highest growth rates compared to the same period of the previous
year is in the Hotels and Restaurants sector - 12.6%. The agricultural sector has suffered a reduction of 2.8% in growth rate.

The rating of the sectors with the highest growth rate of Georgia's economy in the third quarter of 2017:

Hotels and restaurants - 12.6%
Mining and Quarrying- 10.6%
Construction - 9.3%
Wholesale and Retail Trade - 9.3%
Financial Intermediation- 7.2%

Q3 GDP structure by sector shares:

Photo: GeoStat / http://geostat.ge/cms/site_images/_files/english/nad/GDP Q3 2017_Press release Eng.pdf

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