The GDP of Georgia increased by 7.5% in May

The economy of Georgia grew by 7.5% in May, having recorded the highest growth in annual terms over the past few years, according to the National Statistical Service of the country. This was announced at a briefing by the Prime Minister of Georgia Mamuka Bakhtadze. According to the Georgian prime minister, export, which increased in May by 50% in annual terms, was a significant factor contributing to economic growth. According to official data, GDP of Georgia for the period from January to May grew by 6.1% compared to the same period last year. The government of Georgia predicts that in 2018 the country’s GDP will grow by 4.5%.

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