In May 2020, the GDP decrease included 13.5% compared to the same period in 2019.
The average rate for the first five months of 2020 is -5.4%.
The National Statistics Office has updated the preliminary evaluation of economic growth today.
In May 2020, a declining trend was seen in almost all sectors.
The National Statistics Office issues the preliminary economic growth assessments per month based on VAT-payer enterprises' cashflow, fiscal, and financial data.
The evaluations represent the internationally approved practice to produce short-term preliminary data.
Bela Gelashvili
News Author