Georgia's economy shrinks over 6% last year

Finance
  • 29 January, 2021
  • 07:30
Georgia's economy shrinks over 6% last year

In 2020, the gross domestic product (GDP) in Georgia decreased by 6.1% compared to 2019.

The local bureau of Report informs that the statement came from the National Statistics Office of Georgia.

In December last year alone, the country's economy contracted by 7.9% compared to the same period last year.

Last month, Georgia saw growth only in finance and insurance, water supply, waste management, information and communication, and the mining industry.

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