September 22, 2022

In Q2 2022 the nominal Gross Domestic Product (GDP) in Georgia amounted to GEL 17 979.4 million. The real GDP increased by 7.1 percent YoY, while the GDP deflator percentage change equaled to 8.2 percent.

Significant contributions to the real GDP growth in Q2 2022 is related to increase of valueadded of the following activities: Electricity, gas, steam and air conditioning supply (75.9 percent), Transportation and storage (18.6 percent), Information and communication (27.7 percent), Agriculture, forestry and fishing (10.9 percent), Education (12.0 percent), Wholesale and retail trade
(3.0 percent).

A decrease in the real value-added occurred in Human health and social work activities (-12.7 percent), Real estate activities (-2.7 percent), Construction (-3.2 percent).

The largest share in GDP by activity is held by Trade (16.5 percent) and Manufacturing (10.9 percent), followed by Real estate activities (10.0 percent), Agriculture, forestry and fishing (8.3 percent), Construction (7.6 percent), Transportation and storage (6.5 percent), Public administration (6.0 percent), Arts, entertainment and recreation (4.8 percent).

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