In 2024, compared to the previous year, the volume of business sector turnover increased by 11.6 percent and amounted to 228.5 billion GEL.
The increase was observed in the production value of the business sector as well. In the 2024, production value equaled 90.5 billion GEL, which is 16.3 percent more year-on-year.
In the 2024, large businesses generated 67.7 percent of total turnover, while medium size businesses generated 15.8 percent, and 16.5 percent was generated by small business.
A distribution was slightly different in case of total production value: 46.8 percent was on large businesses, 25.5 percent - on medium, and 27.7 percent - on small businesses.
In 2024, total purchases of goods and services carried out by enterprises equaled 114.9 billion GEL (year-on-year 5.4 percent more), while the purchase of goods and services for resale amounted to 71.4 billion GEL (year-on-year 0.2 percent more).
In the 2024, the average number of persons employed in business sector equaled 866.2 thousand, which is year-on-year 5.2 percent more. Out of the total number of persons employed, 43.2 percent were female and 56.8 percent were male.
