Source document: https://docs-lawep.s3.us-east-2.amazonaws.com/1697741812276.pdf (Georgia)
1 31.08.2023www.geostat.ge info@geostat.geNATIONAL STATISTICS OFFICE OF GEORGIA RAPID ESTIMATES OF ECONOMIC GROWTH, JULY 2023 The estimated real Gross Domestic Product (GDP) growth rate amounted 5.5 percent for July 2023 year-over-year and the average real GDP growth for January-July 2023 equaled 7.2 percent.
RAPID ESTIMATES OF ECONOMIC GROWTH, 2023 YOY (%) Q1 2023 APRIL MAY JUNE AVERAGE OF Q2 2023 JULY AVERAGE OF JANUARY-JULY 2023 In July 2023, compared to the same period of the previous year, the estimated real growth in following activities contributed significantly: Financial and insurance activities, Construction, Trade, Professional, scientific-technical.

Declines were registered in Manufacturing, Mining and quarrying, Information and communication activities.
1 31.08.2023www.geostat.ge info@geostat.geNATIONAL STATISTICS OFFICE OF GEORGIA MONTHLY ECONOMIC STATISTICS JULY 2023 INDICATORS OF PRICE STATISTICS INDICATOR Consumer Price Index (CPI) Producer Price Index (PPI) for industrial products YOY 100.3 97.2 MOM 100.0 100.5 INDICATORS OF EXTERNAL MERCHANDISE TRADE STATISTICS IN JANUARY-JULY 2023 INDICATOR MIL.

US DOLLARS CHANGE (YOY.


%) Exports of goods (FOB) Imports of goods (CIF) External merchandise trade turnover 3 583.4 8 522.1 12 105.5 15.9 19.0 18.0 2 31.08.2023www.geostat.ge info@geostat.geNATIONAL STATISTICS OFFICE OF GEORGIA EXTERNAL MERCHANDISE TRADE, 2023 (MIL.

US DOLLARS) JANUARY FEBRUARY MARCH APRIL MAY JUNE JULY Note: Individual figures may not sum up to the total due to rounding.
EXPORTS IMPORTS 3 31.08.2023www.geostat.ge info@geostat.geNATIONAL STATISTICS OFFICE OF GEORGIA INDICATORS OF BUSINESS STATISTICS INDICATOR Number of newly registered enterprises (unit) Change in number of newly registered enterprises (YoY, %) Value Added Tax (VAT) payers’ turnover used in rapid estimates of economic growth (mil.
GEL) Growth of VAT payers’ turnover used in rapid estimates of economic growth (YoY, %) JULY 5 751 1.2 11 974.4 2.9 CHANGE OF VAT PAYERS’ TURNOVER USED IN RAPID ESTIMATES OF ECONOMIC GROWTH, 2023 (YOY, %) JANUARY FEBRUARY MARCH APRIL MAY JUNE JULY Source: Ministry of Finance of Georgia.

4 31.08.2023www.geostat.ge info@geostat.geNATIONAL STATISTICS OFFICE OF GEORGIA INDICATORS OF STATE BUDGET, 2023 (MIL.

GEL) JANUARY FEBRUARY MARCH APRIL MAY JUNE JULY Source: Ministry of Finance of Georgia.
EXPENSE REVENUE OUTPUT OF BANKING SECTOR, 2023 (MIL.

GEL) JANUARY FEBRUARY MARCH APRIL MAY JUNE JULY* *Preliminary data.

Source: National Bank of Georgia.

COMMERCIAL BANKS NATIONAL BANK 5 31.08.2023www.geostat.ge info@geostat.geNATIONAL STATISTICS OFFICE OF GEORGIA INFORMATION NOTE Geostat produces monthly rapid estimates of real GDP growth rate using administrative data on VAT taxpayers’ turnover, fiscal and monetary statistics.
Compilation of rapid estimates is an internationally adopted practice to obtain preliminary monthly growth rate of real GDP.

For those sectors, where preliminary monthly data do not exist (e.g.

agriculture.

non-observed economy etc.

), estimations are based on the data for previous periods.

Furthermore, the data on VAT taxpayers’ turnover for the previous months may be updated on a monthly basis, resulting in corresponding adjustments of real GDP growth rate estimates.
CONTACT PERSONS: Maka Kalandarishvili Mariam Kavelashvili Tel.

: (+995 32) 236 72 10 (302) Tel.

: (+995 32) 236 72 10 (020).

E-mail: mkalandarishvili@geostat.ge E-mail: mkavelashvili@geostat.ge 6 31.08.2023www.geostat.ge info@geostat.geNATIONAL STATISTICS OFFICE OF GEORGIA