GDP Constant Prices in Georgia decreased to 8916.20 GEL Million in the second quarter of 2020 from 9036.30 GEL Million in the first quarter of 2020.
GDP Constant Prices in Georgia averaged 12967.38 GEL Million from 1995 until 2020, reaching an all time high of 28432.80 GEL Million in the third quarter of 1996 and a record low of 2765.50 GEL Million in the first quarter of 2003. This page provides - Georgia GDP Constant Prices - actual values, historical data, forecast, chart, statistics, economic calendar and news. Georgia GDP Constant Prices - values, historical data and charts - was last updated on September of 2020.
GDP Constant Prices in Georgia is expected to be 10158.00 GEL Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate GDP Constant Prices in Georgia to stand at 9506.00 in 12 months time. In the long-term, the Georgia GDP Constant Prices is projected to trend around 11083.00 GEL Million in 2021 and 11471.00 GEL Million in 2022, according to our econometric models.