Georgia’s GDP to Increase by 7.8% by 2023  

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**Georgia’s Grows**

The National Statistical Service of Georgia (Geostat) reported on 15 that the ‘s economy grew 2023. The real gross domestic product (GDP), which is a measure of all and services produced in a year, increased by 7.8% compared the previous year.

**Which Sectors Helped Economy Grow?**

The sectors that contributed most to this growth were: (27.5%), education (18%), wholesale and retail trade (17.8%), (15%), public administration and defense (15.6%), and transportation and storage (12.3%).

**Some Sectors Experienced a Decline**

On the other hand, activities decreased by %, agriculture, forestry, and fishing decreased by 3.4%, and mining and quarrying went down by 19.6%.

Read More @ civil.ge

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