Georgia's Economic Growth: Real GDP Soars by 13.0% in July 2024
Wednesday, 11 September 2024, 11:00
Georgia's Impressive Economic Performance
In the latest report from Galt&Taggart, it has been revealed that Georgia's real GDP dramatically increased by 13.0% in July 2024. This follows a healthy 7.5% growth in June, showcasing a strong recovery period for the economy. During the first half of 2024, Georgia's economy observed an annual growth rate of 9.7% from January to July.
Key Drivers of Growth
- Construction Sector
- Manufacturing Industry
- Information and Communications
- Professional and Scientific Activities
- Trade Sectors
Despite the impressive growth, a decrease in the energy sector was noted.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.