Going Strong! Georgia Posts Strong Economic Growth For First 10 Months.
Behind the strength of transport and warehousing, financial and insurance activities, construction and mining, Georgia’s economy grew 10% in the first 10 months of 2022.
The latest data from National Statistics Office of Georgia - Geostat exceeds forecasts for the year so far from the EBRD (European Bank for Reconstruction and Development) and Asian Development Bank (ADB), who each predicted 8% and 7% growth, respectively.
If the current pace holds, that will make two straight years of double-digital growth for the country.
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