GDP From Services in Georgia increased to 448.10 GEL Million in the second quarter of 2019 from 363 GEL Million in the first quarter of 2019. GDP From Services in Georgia averaged 252.01 GEL Million from 2003 until 2019, reaching an all time high of 545.50 GEL Million in the fourth quarter of 2018 and a record low of 78.20 GEL Million in the first quarter of 2003.
GDP From Services in Georgia is expected to be 464.96 GEL Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate GDP From Services in Georgia to stand at 379.70 in 12 months time. In the long-term, the Georgia GDP From Services is projected to trend around 626.08 GEL Million in 2020, according to our econometric models.