Source document: https://docs-lawep.s3.us-east-2.amazonaws.com/1697741820724.pdf (Georgia)
1 31.03.2023www.geostat.ge info@geostat.geNATIONAL STATISTICS OFFICE OF GEORGIA RAPID ESTIMATES OF ECONOMIC GROWTH, FEBRUARY 2023 The estimated real Gross Domestic Product (GDP) growth rate amounted to 5.8 percent for February 2023 compared to previous year and the average real GDP growth for January-February 2023 equaled to 7.1 percent.
EESTIMATES OF ECONOMIC GROWTH, 2023 YOY (%) JANUARY FEBRUARY AVERAGE OF JANUARY-FEBRUARY In February 2023 the estimated real growth compared to the same period of the previous year was observed in the following activities: Construction, Financial and insurance activities, Trade, Transportation and storage.

Declines were registered in Manufacturing, Real estate activities, Professional, scientific- technical activities.
1 31.03.2023www.geostat.ge info@geostat.geNATIONAL STATISTICS OFFICE OF GEORGIA MONTHLY ECONOMIC STATISTICS FEBRUARY 2023 INDICATORS OF PRICE STATISTICS INDICATOR Consumer Price Index (CPI) Producer Price Index (PPI) for industrial products YOY 108.1 99.0 MOM 99.7 98.7 INDICATORS OF EXTERNAL MERCHANDISE TRADE STATISTICS IN JANUARY-FEBRUARY 2023 INDICATOR MIL.

US DOLLARS CHANGE (YOY.


%) Exports of goods (FOB) Imports of goods (CIF) External merchandise trade turnover 914.8 1 983.4 2 898.2 20.3 9.0 12.3 EXTERNAL MERCHANDISE TRADE, 2023 (MIL.

US DOLLARS) JANUARY FEBRUARY EXPORTS IMPORTS 2 31.03.2023www.geostat.ge info@geostat.geNATIONAL STATISTICS OFFICE OF GEORGIA INDICATORS OF BUSINESS STATISTICS INDICATOR FEBRUARY 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.

%) 6 537 57.3 10 042.4 11.7 CHANGE OF VAT PAYERS’ TURNOVER USED IN RAPID ESTIMATES OF ECONOMIC GROWTH, 2023 (YOY, %) Source: Ministry of Finance of Georgia.

JANUARY FEBRUARY 3 31.03.2023www.geostat.ge info@geostat.geNATIONAL STATISTICS OFFICE OF GEORGIA INDICATORS OF STATE BUDGET, 2023 (MIL.
GEL) JANUARY FEBRUARY Source: Ministry of Finance of Georgia.

EXPENSE REVENUE OUTPUT OF BANKING SECTOR, 2023 (MIL.

GEL) JANUARY FEBRUARY Source: National Bank of Georgia.

COMMERCIAL BANKS NATIONAL BANK 4 31.03.2023www.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 5 31.03.2023www.geostat.ge info@geostat.geNATIONAL STATISTICS OFFICE OF GEORGIA