GDP From Construction in Georgia decreased to 365.90 GEL Million in the first quarter of 2021 from 754.20 GEL Million in the fourth quarter of 2020. source: National Statistics Office of Georgia

GDP From Construction in Georgia averaged 414.67 GEL Million from 2003 until 2021, reaching an all time high of 790.10 GEL Million in the fourth quarter of 2017 and a record low of 48.60 GEL Million in the first quarter of 2003. This page provides - Georgia Gdp From Construction- actual values, historical data, forecast, chart, statistics, economic calendar and news. Georgia GDP From Construction - values, historical data and charts - was last updated on July of 2021.

GDP From Construction in Georgia is expected to be 716.23 GEL Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate GDP From Construction in Georgia to stand at 378.71 in 12 months time. In the long-term, the Georgia GDP From Construction is projected to trend around 811.78 GEL Million in 2022 and 848.31 GEL Million in 2023, according to our econometric models.

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Georgia GDP From Construction

Actual Previous Highest Lowest Dates Unit Frequency
365.90 754.20 790.10 48.60 2003 - 2021 GEL Million Quarterly
Constant prices 2015, NSA

Georgia GDP Last Previous Highest Lowest Unit
GDP Annual Growth Rate -4.50 -6.80 13.90 -13.20 percent [+]
GDP 15.89 17.48 17.63 2.51 USD Billion [+]
GDP Constant Prices 8662.40 10160.30 28432.80 2765.50 GEL Million [+]
Gross Fixed Capital Formation 3003.20 3405.70 3520.30 151.50 GEL Million [+]
GDP per capita 4678.66 4977.51 4977.51 1011.17 USD [+]
GDP per capita PPP 14089.30 14989.26 14989.26 3045.04 USD [+]
Gross National Product 10819.80 13172.00 13343.20 1814.90 GEL Million [+]