In the first half of 2018, the economy of Georgia grew by 5.4% in annual terms to 19 billion 318 million 600 thousand lari, according to the updated data of the National Statistics Office. The GDP growth of Georgia in the second quarter was 5.5% compared to the same period last year. The index of GDP growth per capita in the first half of the year was 10.8% in annual terms. According to the forecast of the Georgian government, the GDP of Georgia in 2018 will increase by 4.5%. This estimate coincides with the forecasts of the World Bank and the European Bank for Reconstruction and Development.
On Thursday, the United States’ Gross Domestic Product (GDP) suffered the biggest economic decline in the second quarter as the surge of coronavirus cases affected the whole country. The U.S. government decided to shut down restaurants, ...
Thailand's finance ministry on Thursday cut back its 2020 economic forecast to a record 8.5% contraction in GDP. This is a substantial contrast from a 2.8% growth it expected in January as the COVID-19 situation continued to worsen. The ministry’s ...
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