Georgia: economy up in July 2019

The Georgian GDP increased by 6.1% in July, show the latest data from the National Statistics Office of Georgia (Geostat). Geostat reported that GDP grew by 5.1% overall in January-July. In July the estimated real growth compared to the same period of the previous year was posted in the following activities: construction, manufacturing, trade, real…

Georgia: unemployment down in Q2 2019

The unemployment rate in Georgia decreased by 0.7% to 11.4% in the second quarter of 2019, said the National Statistics Office of Georgia (Geostat). In Q2 the economically active population constituted 63.7% of the working age population (population aged 15 and older). “In comparison with the same quarter of the previous year, the economic activity…