How The Economies Of Georgia’s Trade Partner Countries Grow

How The Economies Of Georgia’s Trade Partner Countries Grow

The average actual economic growth of the first 11 months in Georgia made 4,8%. In the III quarter, Georgia’s economy grew by 4,4%.

Within the same period, economic growth in Armenia made 3,5%, in Turkey – 11,1%, in Russia – 1,8% and in Ukraine – 2,1%. In the III quarter, economy of Eurasia grew by 2,6% and 2,3% was the economic growth rate of the United States of America.

As to inflation, in December, compared to the previous month, inflation rate in Georgia was 0,8% and the annual inflation rate was 6,7%.

In December, the annual inflation rate in Georgia’s trade partner countries was as follows:

Azerbaijan – 10.7%

Armenia – 2.2

Turkey – 11.9%

Eurozone – 1.4%

Russia – 2.5%

USA – 2.2%

Ukraine – 13.6%

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