Georgia GDP Constant Prices - Forecast

GDP Constant Prices in Georgia is expected to be 7720.01 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 8041.95 in 12 months time. In the long-term, the Georgia GDP Constant Prices is projected to trend around 9217.00 GEL Million in 2020, according to our econometric models.


Georgia GDP Constant Prices
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Georgia GDP Last Q1/18 Q2/18 Q3/18 Q4/18 2020
GDP Annual Growth Rate 4.4 5.3 4.6 4.8 5.1 4.9
GDP 14.32 13.02 13.45 13.87 18 21
GDP Constant Prices 7407 7720 7815 7926 8042 9217
Gross Fixed Capital Formation 2874 2517 2600 2778 2899 2752
GDP per capita 4080 4017 4044 4071 4097 3637
GDP per capita PPP 9267 9108 9173 9239 9304 7982
Gross National Product 9276 8328 8499 8920 9008 8709
GDP From Agriculture 465 385 451 449 500 475
GDP From Construction 586 408 453 572 467 467
GDP From Manufacturing 630 595 578 620 685 642
GDP From Mining 54.3 60.63 63.6 55.2 64.69 60.28
GDP From Public Administration 686 485 795 674 821 817
GDP From Services 383 315 348 372 431 405
GDP From Transport 472 461 466 470 468 462
GDP From Utilities 142 161 141 143 194 184