Georgia’s GDP Grows 6.6% in H1
Civil Georgia, Tbilisi / 21 Sep.'10 / 18:34

Georgia's real GDP grew 6.6% in the first half of 2010 year-on-year to nominal GEL 9.201 billion, according to preliminary figures, released by official statistic office, Geostat, on September 21.

GDP grew 8.4% in second quarter of 2010 year-on-year to nominal GEL 4.95 billion (GEL 1,116 per capita), according to the figures.

Government spending and industry made about third of the country’s GDP (15% each) in the second quarter of 2010, followed by trade (14%), transport and communication (13%) and agriculture (9%).

President Saakashvili said on September 3, that Georgia's economy needed 7-10% annually growth if the country wanted to develop fast. "5%-6% growth is not enough," he said at a meeting with lawmakers from his ruling party.

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