Georgia's economy grows almost 20%

In January 2022, the real value of Georgia’s gross domestic product (GDP) increased by 18% year on year, Report informs, citing the National Statistics Office of Georgia (GeoStat).

The growth was recorded in manufacturing, transport and warehousing, electricity, gas, steam and air conditioning supply, trade, hotels and restaurants, art, entertainment and recreation, real estate and mining.

However, a decline was seen in the construction, information and communication sectors.