DEVELOPMENT OF THE AGRICULTURAL SECTOR – JANUARY-JUNE, 2017
In the agricultural sector:
- In the last eight years, total production output has fluctuated between 7.8% and 10.3% of gross domestic product;
- In the first quarter of 2017, foreign direct investment amounted to negative US$0.3 mln;
- In the first half of 2017, the volume of loans in the national currency almost reached the volume of loans in foreign currencies;
- In the first half of 2017, the volume of imports was 2.4 times the volume of exports.
In the first half of 2017, the agricultural sector contributed 9% (GEL 635.1 mln) of gross domestic product.