Geostat Releases Preliminary Data on 2012 GDP
Civil Georgia, Tbilisi / 30 Jan.'13 / 16:53

Georgia’s economy grew by 6.1% in 2012, according to preliminary figures released by the state statistics office, Geostat, on January 30.

The growth slowed to 2.5% year-on-year in the last quarter of 2012.

Real GDP grew 5.2% y/y in October, 3% in November and contracted by 0.8% in December, according to preliminary data.

Real GDP growth in the first quarter stood at 6.7% y/y, accelerating to 8.2% in the second quarter and stood at 7.5% in the third quarter, according to Geostat’s preliminary figures.

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