GDP From Services in Georgia increased to 545.50 GEL Million in the fourth quarter of 2018 from 442.40 GEL Million in the third quarter of 2018. GDP From Services in Georgia averaged 247.21 GEL Million from 2003 until 2018, 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 334.70 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 462.31 in 12 months time. In the long-term, the Georgia GDP From Services is projected to trend around 503.89 GEL Million in 2020, according to our econometric models.