Georgia’s GDP Up 2.6% in April 2022

Georgia’s real GDP increased by 2.6% year-over-year in April 2022, according to rapid estimates released by the National Statistics Office (Geostat) on May 31.

Geostat said growth was registered in transportation and storage; hotels and restaurants; electricity, gas, steam and air conditioning supply; financial and insurance activities; arts, entertainment and recreation; mining and quarrying.

The National Statistics Office reported a decline in construction; manufacturing; professional, scientific and technical activities; trade.

Georgia’s economy grew by 10.8% in the first four months of 2022.

In April 2021, Georgia’s real GDP grew by 44.8% year-over-year.

Also Read:

• Georgia’s Foreign Trade Up 33.4% in January-April
• Annual Inflation at 12.8% in April
• Georgia’s GDP Up 10.6% in March 2022

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