Economic growth in Georgia - May 2022

The estimated real Gross Domestic Product (GDP) growth rate in May 2022 amounted to 11.6 percent YoY and 11.2 percent in January-May of 2022 YoY. In May 2022 the estimated real growth compared to the same period of the previous year was revealed in almost all sectors. Significant contributions to real GDP growth were observed in the following activities: Transportation and storage, Electricity, gas, steam and air conditioning supply, Hotels and Restaurants, Manufacturing, Construction, Mining, and quarrying.

 

Source: National Statistics Office of Georgia

See detailed information: https://www.geostat.ge/media/46799/Rapid-Estimates-of-Economic-Growth%2C-May-2022.pdf