“In June a high economic growth of 18.7% was recorded in the country that
is an unprecedentedly high rate. The growth was observed not only in 2020, but also in the pre-pandemic
2019 when the growth stood at 9.5%. The
country’s economy has grown even compared with a successful 2019, ” Minister of Economy Natia
According to her, growth was recorded in almost all areas, especially in
the processing industry, the financial sector, the hospitality industry,
construction and trade.
“These are the sectors that are the largest employers in Georgia. We expect
the country’s economy to grow by 7,7%. We hope that jobs will grow
along with the economy, ”she says.
According to the National Statistics
Office , in the first half of 2021 the economy grew by 12.7%, while in the
first quarter the country saw a 4.5% decline,
in the second quarter – by 29.8%.
Compared to June 2020, in June 2021 almost all sectors - processing
industry, finance, insurance, transport and warehousing, trade, hotel and
restaurant sectors, real estate transactions posted a growth.
A decline was recorded in the
construction and mining.