Q1’19 GDP Growth 4.7% – Preliminary Data

Georgia’s real GDP grew by 4.7% year-on-year in the first three months of 2019, according to preliminary data released by the National Statistics Office, Geostat, on April 30.

The corresponding figure for March stood at 6%, according to the report. Last month, real growth was registered in the following sectors: trade, transport and real estate operations.

A decrease was reported in the construction sector.

The estimated annual growth of real GDP stood at 4.8% in 2018.

The government forecasts 4.5% economic growth in 2019.

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