The average real GDP growth for January-June 2024 equaled 9.0% - GeoStat | Rustavi2

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16 September 2024, 22:49

TODAY

20:46
The US Department of State imposed visa sanctions on more than 60 citizens of Georgia

19:15
The US Treasury Department has sanctioned 4 citizens of Georgia

17:39
The Foreign Relations Committee approved the documents for ratification

17:31
Salome Zourabichvili calls for reconciliation between Khazaradze and Gakharia, invites them to the Orbeliani palace for negotiations
17:04
We highly appreciate the efforts of the Georgian Government to contribute to regional and international peace and stability - Nikol Pashinyan

16:03
At the meeting with Nikol Pashinyan, we talked about the development of relations between the countries in all directions, be it cooperation in political, economic, cultural, educational or other fields - Irakli Kobakhidze

14:36
Chairman of the Georgian Parliament meets with the newly elected British Ambassador

14:09
Out of 27 political parties registered for the 26 elections, 6 have signed the Code of Conduct for political parties
14:06
Prime Minister of Armenia starts his official visit to Georgia - Irakli Kobakhidze welcomed Nikol Pashinyan

13:26
Wreck of French steamship that sunk in 1856 discovered off New England coast

12:50
Givi Mikanadze partaking in the sitting of the Strasbourg Committee on the Election of Judges to the ECHR in Paris

12:14
War criminals will be held accountable by justice, and Georgian Dream is doing this... There is no greater goal than restoring the territorial integrity of Georgia – Papuashvili
11:42
SpaceX’s Polaris Dawn crew returns to Earth after historic mission

11:28
Prime Minister revealed a major housing initiative that will see 43 new blocks constructed to provide flats for 1,200 military personnel in Tbilisi

11:19
In July we had 13% economic growth, the main thing is to maintain a high rate of economic growth - Irakli Kobakhidze

11:11
We are actively working toward the further bettering of school infrastructure, the full rehabilitation of 60 public schools will be finalized, construction and rehabilitation of about 100 schools will be completed - Kobakhidze
11:10
We continue the tradition and together with the Speaker of the Parliament we made a decision to nominate Merab Dvalishvili for the highest state award – Kobakhidze

09:29
Weather forecast for September 16

08:30
New academic year starts in public schools

08:29
Ilia Darchiashvili is on an official visit to Jordan
07:59
The Prime Minister of Armenia to arrive today in Tbilisi

00:20
Trump safe after new assassination attempt, suspect arrested
13 September

22:18
Central Europe braced for worst flooding in years

21:20
Government has taken a number of steps to raise the prestige of the teaching profession, this year the salary has increased significantly and this will continue - Irakli Kobakhidze

20:45
Participants of the Paris Olympic and Paralympic Games were awarded by the President with orders

20:07
Two Georgian citizens, illegally detained by the Russian forces, were released
19:42
Eka Geperidze needs the help of society

17:48
Georgia had experienced a record increase in exports between January-August

17:44
Ukraine and Russia exchange 49 prisoners each

15:22
Prime Minister sends condolences over death of actor Zura Berikashvili
14:38
Actor Zura Berikashvili dies at the age of 55

14:03
The Special Investigation Service presented the initiative to establish a pedophilia registry and monitoring mechanism to the Public Defender and representatives of public institutions

12:28
Borderisation is a direct consequence of the crimes committed before 2012 – Irakli Kobakhidze

12:19
All political parties can place advertisements, carry out agitation without hindrance, complete freedom is ensured, if in such an election environment, OSCE/ODIHR writes something else, it will not be worth it - Kobakhidze
11:54
US Congress has been exemplary institution for us for years but today we see decline in quality of culture in this still very valuable institution – Prime Minister

11:51
Russia to expel 6 British diplomats it accuses of spying and “subversive activities”

11:26
These 14 billion doesn’t exist anywhere, no one has received such help, this is another lie spread by the opposition - Irakli Kobakhidze

11:16
In fact, they are campaigning outside the country, which will further contribute to their failure in these elections - Irakli Kobakhidze on the opposition
11:13
State company will receive Saperavi grapes in up to 10 locations for GEL 1.50, the Government will compensate the difference to the growers who have delivered the grapes of Saperavi variety at a lower price - Prime Minister

10:48
Government didn’t go on anti-American tracks, Eka Gigauri, as an odious person, became a person who serves her patrons - Givi Mikanadze

10:08
Levan Davitashvili meets the Heads of Chinese airlines - Hainan Airlines, Capital Airlines and Sichuan Airlines

09:15
Representatives of the opposition left for the US under the leadership of Zurab Girchi Japaridze
08:51
The President of Georgia to award today Olympians and Paralympians

08:31
Now we are in a decisive battle to protect our sovereignty, independence and democratic future - Eka Gigauri

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The average real GDP growth for January-June 2024 equaled 9.0% - GeoStat

31-07-2024 11:16

The estimated real Gross Domestic Product (GDP) growth rate amounted to 7.5% for June 2024 compared to previous year and the average real GDP growth for January-June 2024 equaled 9.0%, reads the report of GeoStat.

In June 2024, compared to the same period of the previous year, the estimated real growth in following activities contributed significantly: Financial and insurance activities, Construction, Information and communication, Transportation and storage, Professional, scientific and technical activities. Decline was registered in Manufacturing

Geostat produces monthly rapid estimates of real GDP growth rate using administrative data on VAT taxpayers’ turnover, fiscal and monetary statistics. Compilation of rapid estimates is an internationally adopted practice to obtain preliminary monthly growth rate of real GDP. For those sectors, where preliminary monthly data do not exist (e.g. agriculture. non-observed economy etc.), estimations are based on the data for previous periods. Furthermore, the data on VAT taxpayers’ turnover for the previous months may be updated on a monthly basis, resulting in corresponding adjustments of real GDP growth rate estimates.

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