Consumer Confidence in Georgia increased to -15.60 Index Points in June from -16.50 Index Points in May of 2019. Consumer Confidence in Georgia averaged -19.14 Index Points from 2012 until 2019, reaching an all time high of -1.40 Index Points in November of 2013 and a record low of -40.40 Index Points in September of 2015.

Consumer Confidence in Georgia is expected to be -18.80 Index Points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Consumer Confidence in Georgia to stand at -19.10 in 12 months time. In the long-term, the Georgia Consumer Confidence is projected to trend around -18.50 Index Points in 2020, according to our econometric models.

Georgia Consumer Confidence
Forecast Data Chart
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Georgia Consumer Last Previous Highest Lowest Unit
Retail Sales YoY 12.20 9.60 82.50 -21.90 percent [+]
Consumer Spending 6237.40 7186.80 7186.80 970.40 GEL Million [+]
Consumer Confidence -15.60 -16.50 -1.40 -40.40 Index Points [+]

Georgia Consumer Confidence

In Georgia, consumer confidence measures the degree of optimism that consumers feel about the overall state of the economy and their personal financial situation. The index is based on the randomly selected sample of 300-350 individuals which are asked to evaluate the past, current and future financial situation of their families and the country as a whole. A month-to-month diminishing trend in consumer confidence suggests that in the current state of the economy most consumers have a negative outlook on their ability to find and retain good jobs. . This page provides the latest reported value for - Georgia Consumer Confidence - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Georgia Consumer Confidence - actual data, historical chart and calendar of releases - was last updated on September of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
-15.60 -16.50 -1.40 -40.40 2012 - 2019 Index Points Monthly

Country Last Previous
Argentina 41.90 Aug/19
Australia 98.20 Sep/19
Brazil 47.00 Jun/19
Canada 53.00 Sep/19
China 124.40 Jul/19
Euro Area -6.50 Sep/19
France 102.00 Aug/19
Germany 9.70 Sep/19
India 95.70 Sep/19
Indonesia 123.10 Aug/19
Italy 111.90 Aug/19
Japan 37.10 Aug/19
Mexico 43.40 Aug/19
Netherlands -2.00 Sep/19
Russia -15.00 Jun/19
Saudi Arabia 114.00 Jun/19
South Africa 5.00 Jun/19
South Korea 92.50 Aug/19
Spain 86.00 Aug/19
Switzerland -8.00 Sep/19
Turkey 55.80 Sep/19
United Kingdom -14.00 Aug/19
United States 92.00 Sep/19