Georgia Changes in Inventories - Forecast

Changes in Inventories in Georgia is expected to be 376.11 GEL Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Changes in Inventories in Georgia to stand at 265.72 in 12 months time. In the long-term, the Georgia Changes in Inventories is projected to trend around 389.16 GEL Million in 2020, according to our econometric models.


Georgia Changes in Inventories
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Georgia Business Last Q2/18 Q3/18 Q4/18 Q1/19 2020
Industrial Production 13.5 15.54 11.87 11.04 14.14 14.57
Manufacturing Production 16.7 14.1 10.88 7.6 5.8 13.4
Changes in Inventories 512 376 227 406 266 389
Leading Economic Index 6.5 5.16 4.21 3.9 3.84 4.2
Internet Speed 8774 9543 9692 9920 10154 12083
IP Addresses 508938 521144 526370 528599 532688 565410
Mining Production 12.9 11.71 8.2 18.7 6.03 22
Competitiveness Index 4.28 4.32 4.32 4.32 4.22 4.13
Competitiveness Rank 67 63 63 63 63 63
Business Confidence 28 20.33 17.83 20.4 20.7 21.5
Ease of Doing Business 9 11 11 12 14 14
Corruption Index 56 56 56 56 56 56
Corruption Rank 46 46 46 46 46 46