GeoStat: Georgian economic growth rate amounted  to 7% in 20223

The estimated real Gross Domestic Product (GDP) growth rate amounted to 8.3 percent YoY for December 2023 and 7.0 percent in 2023 compared to previous year, the Georgian National Statistic Office reports.

In December 2023, compared to the same period of the previous year, the estimated real growth in following activities contributed significantly: Construction, Manufacturing, Financial and insurance activities, Information and communication.

Declines were registered in Energy and Real estate activities