According To Preliminary Data, Real GDP Growth Was 6.8% In 2011
 
News ArchiveJanuary 31, 2012

According to the preliminary estimates, a real GDP growth made 8.7 % in December of 2011 compared with the similar period of the previous year. In 2011 the preliminary evaluation of a real GDP growth rate was 8.16.8% in the IV quarter compared to the previous year.

Accordingly, a real GDP growth rate was 6.8 pc in 2011 against the previous year. The data of the real GDP growth rate for the 4th quarter and, correspondingly, the year of 2011, adjusted by quarterly statistical studies will be published on March 20.

Note: Starting from 2012 the National Statistical Service (Sakstat) has launched production of a monthly pre-assessments of the economic growth, which is calculated on the basis of turnover of VAT revenues, deflator, fiscal and monetary data.

Source: www.commersant.ge