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.

Georgia GDP From Services
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Forecast Data Chart
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Georgia GDP Last Previous Highest Lowest Unit
GDP Annual Growth Rate 4.50 3.70 13.90 -8.70 percent [+]
GDP 15.16 14.38 16.51 0.00 USD Billion [+]
GDP Constant Prices 8510.40 7656.20 28432.80 2765.50 GEL Million [+]
Gross Fixed Capital Formation 3292.40 3136.70 3520.30 151.50 GEL Million [+]
GDP per capita 4290.17 4084.00 4675.80 958.80 USD [+]
GDP per capita PPP 9745.10 9276.80 9745.10 2177.90 USD [+]
Gross National Product 9972.30 9534.60 10283.80 1814.90 GEL Million [+]
GDP From Agriculture 496.20 478.50 549.30 316.90 GEL Million [+]
GDP From Construction 535.20 539.80 594.80 48.60 GEL Million [+]
GDP From Manufacturing 752.80 613.50 752.80 160.10 GEL Million [+]
GDP From Mining 76.80 57.30 80.50 17.30 GEL Million [+]
GDP From Public Administration 848.30 665.90 848.30 212.20 GEL Million [+]
GDP From Services 545.50 442.40 545.50 78.20 GEL Million [+]
GDP From Transport 573.10 543.30 573.10 191.40 GEL Million [+]
GDP From Utilities 190.00 149.60 207.30 64.30 GEL Million [+]


Georgia GDP From Services

Gdp From Services in Georgia includes Real Estate, Renting and Business Industries. This page provides - Georgia Gdp From Services- actual values, historical data, forecast, chart, statistics, economic calendar and news. Georgia GDP From Services - actual data, historical chart and calendar of releases - was last updated on May of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
545.50 442.40 545.50 78.20 2003 - 2018 GEL Million Quarterly
Constant prices 2010, NSA




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Turkey 106768068.30 Dec/18
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United States 12887.20 Dec/18
Germany 120.42 Mar/19


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