Georgia’s economy is expected to grow by 7% in 2023  

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Economic Growth in Georgia: A 7% Increase in 2023

The economy of Georgia grew by 7% last year, according to a preliminary report from GEOSTAT. The growth rate was 8.3% in December.

Key sectors that contributed to the economic growth include:

* Construction
* Financial and insurance activities
* Information and communication

These industries had significant growth rates compared to the same period in the previous year.

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