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Tag Archives: VAT Taxpayers

Geostat Publishes Rapid Estimates of Georgian Economic Growth

Geostat Publishes Rapid Estimates of Georgian Economic Growth

The estimated real GDP average growth equaled 2.9 percent for the first five months of 2016 y-o-y. Geostat produces monthly rapid estimations of real GDP growth using administrative data on VAT taxpayers’ turnover, fiscal and monetary statistics. The compilation of rapid estimates is an internationally adopted practice to obtain preliminary monthly …

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Rapid Estimates of Economic Growth April 2016

Rapid Estimates of Economic Growth April 2016

The estimated real Gross Domestic Product (GDP) growth rate amounted to 4.3 percent y-o-y in April 2016. The estimated real GDP average growth equaled 2.3 percent for Q1 2016 and 2.8 percent for the first four months of 2016 y-o-y. Geostat produces monthly rapid estimations of real GDP growth using …

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