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The data published by the National Statistics Office of Georgia (GeoStat) show that in January 2025, the Georgian economy grew by 11.1%.
According to the official data, construction, financial and insurance activities, transport and trade sectors made a significant contribution to the economic growth.
"The expansion of the transport and warehousing sectors can primarily be attributed to the growth in air, freight, and passenger transport, alongside the development of warehousing and auxiliary transport services. Additionally, there has been an increase in freight, road transport, and land transportation services. The growth within the construction sector is predominantly linked to the construction of both residential and non-residential buildings, as well as specialized construction activities," explained Paata Shavishvili, Deputy Executive Director of Geostat.
In parallel, the European Bank for Reconstruction and Development has revised its economic growth forecast for Georgia in 2025, increasing it to 6%.
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One US dollar trades at GEL 2.7904
28/02/2025