Georgian economy grows 4%
By Trend
The Georgian economy grew 4% year-on-year in the third quarter of 2018 and 4.9% in the nine months of the current year, announces the National Statistics Office of Georgia (Geostat), Agenda reports.
The estimated real gross domestic product (GDP) growth rate in September 2018 was equal to 5.6% year-on-year, Geostat said.
Last month estimated real growth compared to the same period of the previous year was posted in manufacturing, financial intermediation, trade, real estate, transport, hotels and restaurants.
Various international financial institutions also have positive expectations for Georgia’s economic growth.