Consumer Spending in Georgia decreased to 7888.50 GEL Million in the second quarter of 2020 from 8387.60 GEL Million in the first quarter of 2020.

Consumer Spending in Georgia averaged 3402.20 GEL Million from 1996 until 2020, reaching an all time high of 10267 GEL Million in the fourth quarter of 2019 and a record low of 970.40 GEL Million in the third quarter of 1996. This page provides - Georgia Consumer Spending - actual values, historical data, forecast, chart, statistics, economic calendar and news. Georgia Consumer Spending - values, historical data and charts - was last updated on October of 2020.

Consumer Spending in Georgia is expected to be 7840.66 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 9268.00 in 12 months time. In the long-term, the Georgia Consumer Spending is projected to trend around 8185.64 GEL Million in 2021 and 10431.00 GEL Million in 2022, according to our econometric models.

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Georgia Consumer Spending

Actual Previous Highest Lowest Dates Unit Frequency
7888.50 8387.60 10267.00 970.40 1996 - 2020 GEL Million Quarterly
Current Prices, NSA

Georgia Consumer Last Previous Highest Lowest Unit
Retail Sales YoY -14.50 13.50 82.50 -21.90 percent [+]
Consumer Spending 7888.50 8387.60 10267.00 970.40 GEL Million [+]
Consumer Confidence -40.20 -48.30 -1.40 -48.30 points [+]