Tbilisi (GBC) - The estimated real Gross Domestic Product (GDP) growth rate amounted to 7.7% year-on-year in June 2023, and the average real GDP growth for January-June 2023 equalled 7.6%, the National Statistics Service (GeoStat) reported.

In June 2023, compared to the same period of the previous year, activities in Construction, Trade and Finance, and Insurance contributed to the estimated real growth.

The declines were observed in Transportation and Storage and Electricity, Gas, Steam and Air Conditioning supply activities.