The estimated real GDP growth rate amounted to 13% for July 2024 - GeoStat | Rustavi2

ENG

GEO

16 September 2024, 09:38

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
12 September

21:10
Pursuant to the request of the Office of the Prosecutor General of Georgia, convicted for contracted killing of Besarion Khardziani, was extradited from Türkiye to Georgia

18:42
All those para-athletes who have not won a medal will also be awarded GEL 50,000 - Prime Minister

18:14
121th IPRM meeting was held in Ergneti

17:37
CEC Chairperson delivered information to representatives of OSCE/ODIHR Observer Mission about preparatory process for elections - mission officially commences its work today
17:23
Levan Davitashvili discussed issues of financial cooperation between the two countries with the representatives of the People"s Bank of China

16:34
122 864 voters took part in mock elections held by using voting technologies

15:24
OSCE / ODIHR opens election observation mission in Georgia

14:32
Education, Science, and Youth Affairs Committee presenting 2020-2024 Activity Report
13:40
Legal Issues Committee endorsing Bill on the Protection of Family Values and Minors in III reading

13:33
Education, Science, and Youth Affairs Committee endorsing ratification of Marrakesh Treaty

12:37
Chairman of the CEC hold briefing on alleged pressure against Election Administration personnel

12:20
Police detained 18-year-old for sexual crimes against minor
12:15
Human Rights and Civil Integration Committee Elaborating on Agreement on Cooperation in the Field of Law Enforcement between Georgia and Belgium

12:04
Human Rights and Civil Integration Committee deliberating on Draft Law on DNA Database

11:59
Rehabilitation of Aleksandre Kazbegi Museum in Stepantsminda is in the final phase

11:54
Seven Georgian companies participated in RIGA FOOD 2024
11:42
North Korea launches ballistic missiles into Sea of Japan

11:10
IPRM meeting is underway in Ergneti

10:33
Southern California wildfires burn homes and ski resort

08:31
The weather to worsen in Georgia
00:09
The National Bank sets new exchange rate for GEL

more

HQ Live and DVR 1

ENG

GEO

The estimated real GDP growth rate amounted to 13% for July 2024 - GeoStat

30-08-2024 11:55

The estimated real Gross Domestic Product [GDP] growth rate amounted to 13% for July 2024 compared to previous year and the average real GDP growth for January-July 2024 equaled 9.7%, reads the report of GeoStat.

In July 2024, compared to the same period of the previous year, the estimated real growth in following activities contributed significantly: Construction, Manufacturing, Information and communication, Professional, scientific and technical activities, Trade.

Decline was registered in Energy sector

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.

MORE HEADLINES