Thursday, May 6, 2021
Times of Georgia
HomeGeorgiaQ2 of 2020: Georgian economy shrinks 12.3%

Q2 of 2020: Georgian economy shrinks 12.3%



Nominal gross domestic product (GDP) amounted to 11.21 billion GEL in the second quarter of 2020 in Georgia, while GDP declined by 12.3 per cent year-over-year and the GDP deflator also declined by 6.3 per cent in the reporting period, show the latest data from the National Statistics Office of Georgia (Geostat).



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