09 August 2022,   12:08
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In Q1 2022 the nominal Gross Domestic Product amounted to GEL 14 354.9 million - GeoStat

In Q1 2022 the nominal Gross Domestic Product (GDP) amounted to GEL 14 354.9 million. The real GDP increased by 14.9% YoY, while the GDP deflator rose by 8.7%, reads the report of National Statistics Office of Georgia.

Significant contributions to the real GDP growth in Q1 2022 is related to increase of valueadded of the following activities: Transportation and storage (29.4%), Electricity, gas, steam and air conditioning supply (54.7%), Arts, entertainment and recreation (47.9%), Accommodation and food service activities (70.3%), Wholesale and retail trade (8.9%), Manufacturing (13.2%), Human health and social work activities (18.8%), Education (18.2%), Real estate activities (7.4%), Information and communication (21.1%), Construction (7.3%), Mining and quarrying (24.9%).

The largest share in GDP by activity is held by Trade (14.8%) and Manufacturing (12.0%), followed by Real estate activities (10.1%), Public administration (7.3%), Construction (7.1%), Transportation and storage (6.3%), Agriculture, forestry and fishing (5.6%), Financial and insurance activities (5.5%).

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