Georgia: economy down in April 2020

Estimated real gross domestic product (GDP) declined by 16.6% YoY in April and by 3.6% in the first four months of 2020, showed the latest data from the National Statistics Office of Georgia (Geostat). In April estimated real growth compared to the same period of the previous year was negative in almost all activities. Growth…

Estonia: GDP down in Q1 2020

Gross domestic product (GDP) fell by 0.7% YoY in the first quarter of 2020, figures released by state agency Statistics Estonia showed. GDP at current prices stood at EUR 6.5 billion. Value added grew by 2%, Statistics Estonia reported, driven primarily by information and communication and construction. Economic growth was hindered mainly by the energy…