Economy grows by 18.7% in June

Economy grows by 18.7% in June
Economy grows by 18.7% in June

According to preliminary estimates, in June 2021, real GDP (GDP) growth was 18.7 percent compared to the same period last year, and the average for the first six months of 2021 is 12.7 percent.

According to the National Statistics Office of Georgia, in June 2021, compared to the corresponding period of the previous year, an increase was observed in the following sectors: manufacturing, financial and insurance activities, transport and warehousing, trade, hotels and restaurants, real estate activities, construction.

According to the agency, the turnover of VAT-paying enterprises in June amounted to GEL 9.1 billion, which is 37% more than in the same period in 2020.

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