01 January 2026,   21:48
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GDP growth reached 2.5 percent - National Statistics Office of Georgia

National Statistics Office of Georgia has released Rapid Estimates of Economic Growth, October 2016

According to the official data, the estimated real Gross Domestic Product (GDP) growth rate amounted to 1.3 percent in October 2016.

The estimated real GDP growth reached 2.5 percent for the first ten months of 2016.

Geostat produces monthly rapid estimations of real GDP growth using administrative data on VAT taxpayers’ turnover, fiscal and monetary statistics. The compilation of rapid estimates is an internationally adopted practice to obtain preliminary monthly growth of real GDP.  

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