Georgia's economic growth slows down to 1.5%

Georgia's economic growth slows down to 1.5%

Latest data by the National Statistics Office of Georgia showed in September 2016, Georgia’s estimated real Gross Domestic Product (GDP) growth rate reached 1.5% year-on-year.

Meanwhile, the estimated real GDP growth reached 2.2% for the quarter three of 2016 and 2.6% for the first nine months of 2016, Geostat said. 

Geostat noted quarterly real GDP growth rate may differ from monthly rapid estimates as data did not exist in some sectors and estimations were used instead, Agenda.ge reports.

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