Consumer Spending in Georgia increased to 6340.20 GEL Million in the second quarter of 2019 from 6237.40 GEL Million in the first quarter of 2019. Consumer Spending in Georgia averaged 3156.04 GEL Million from 1996 until 2019, reaching an all time high of 7186.80 GEL Million in the fourth quarter of 2018 and a record low of 970.40 GEL Million in the third quarter of 1996.
Consumer Spending in Georgia is expected to be 5721.00 GEL Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Consumer Spending in Georgia to stand at 6524.00 in 12 months time. In the long-term, the Georgia Consumer Spending is projected to trend around 8248.00 GEL Million in 2020, according to our econometric models.