**Georgia’s Economy Grows**
The National Statistical Service of Georgia (Geostat) reported on November 15 that the country’s economy grew in 2023. The real gross domestic product (GDP), which is a measure of all goods and services produced in a year, increased by 7.8% compared to the previous year.
**Which Sectors Helped Economy Grow?**
The sectors that contributed most to this growth were: information and communication (27.5%), education (18%), wholesale and retail trade (17.8%), construction (15%), public administration and defense (15.6%), and transportation and storage (12.3%).
**Some Sectors Experienced a Decline**
On the other hand, real estate activities decreased by 2%, agriculture, forestry, and fishing decreased by 3.4%, and mining and quarrying went down by 19.6%.
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