GDP in Georgia Increased by 5,2% in Q2
OREANDA-NEWS. Gross Domestic Product (GDP) in Georgia increased by 5,2% in Q2 2014, as compared to the same period of the last year. In current prices, GDP made GEL 7 billion 175,1 million (USD 4 billion 071,1 million) in Q2 2014. Deflator made 4,4% in Q2 2014.
In Q2 2014, growth was mostly reported in such spheres as: construction - 18,7%; financial mediation - 9,6%; communication -9%; processing industry - 7,5%; trade - 6,9%; transport - 6,2%. The drop was mostly reported in such spheres as: mining industry - -7,6%; production and distribution of electric power, gas and water - -6,1%.
The largest specific weight under GDP structure was fixed in: industry - 16,2%; transport and communication - 11%; public administration - 10,2%; agriculture and fishery - 9,2% and construction - 7,4%.
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