In 2024, Georgia's economy grew by 9.4%, reaching a total of 91.9 billion GEL in current prices. The largest portion of the economy is dominated by the trade sector, which holds a 15% share, followed by real estate-related activities at 9.9%, and manufacturing at 9.3%.

According to Sakstat, the education sector saw the highest growth rate of 29.1%, contributing 4.6 billion GEL to the country's GDP. The information and communication sector, which includes the IT industry, ranked second with a growth rate of 24.3%. Public administration and defense came in third with a 17.9% growth rate.

Here’s a breakdown of key economic activities and their growth in 2024:

• Wholesale and Retail Trade; Repair of Motor Vehicles and Motorcycles: 12.2 billion GEL, growth rate of 6.7%

• Real Estate Activities: 7.9 billion GEL, growth rate of 1.7%

• Processing Industry: 7.5 billion GEL, growth rate of 2.1%

• Construction: 6.7 billion GEL, growth rate of 14.2%

• State Administration and Defense; Compulsory Social Security: 5.6 billion GEL, growth rate of 17.9%

• Information and Communication: 5.1 billion GEL, growth rate of 24.3%

• Agriculture, Forestry, and Fisheries: 5.0 billion GEL, growth rate of 4.4%

• Transport and Storage: 4.7 billion GEL, growth rate of 8.3%

• Education: 4.6 billion GEL, growth rate of 29.1%

• Financial and Insurance Activities: 4.2 billion GEL, growth rate of 14.9%

• Accommodation and Food Service Activities: 3.3 billion GEL, growth rate of 8.1%

• Arts, Entertainment, and Recreation: 3.3 billion GEL, growth rate of 16.4%

• Health and Social Service Activities: 3.0 billion GEL, growth rate of 7.5%

• Electricity, Gas, Steam, and Air Conditioning Supply: 2.0 billion GEL, decline rate of -8.3%

• Professional, Scientific, and Technical Activities: 1.9 billion GEL, growth rate of 14.1%

• Administrative and Support Service Activities: 913 million GEL, growth rate of 17.8%

• Other Types of Services: 790 million GEL, growth rate of 1.1%

• Mining Industry: 720 million GEL, growth rate of 7.4%

• Water Supply; Sewerage, Waste Management, and Pollution Cleanup: 593 million GEL, growth rate of 9.0%

• Activities of Households as Employers; Production of Undifferentiated Goods and Services by Households for Own Consumption: 95 million GEL, growth rate of 4.1%