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.

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 4.90 13.90 -8.70 percent [+]
GDP 16.21 15.08 16.51 2.51 USD Billion [+]
GDP Constant Prices 7564.50 6619.60 28432.80 2765.50 GEL Million [+]
Gross Fixed Capital Formation 3212.70 2382.30 3520.30 151.50 GEL Million [+]
GDP per capita 4469.20 4271.30 4662.90 961.20 USD [+]
GDP per capita PPP 10151.70 9702.20 10151.70 2183.40 USD [+]
Gross National Product 9458.20 11077.90 11077.90 1814.90 GEL Million [+]
GDP From Agriculture 463.70 335.40 549.30 316.90 GEL Million [+]
GDP From Construction 423.40 324.40 594.80 48.60 GEL Million [+]
GDP From Manufacturing 595.90 620.00 752.80 160.10 GEL Million [+]
GDP From Mining 68.10 64.20 80.50 17.30 GEL Million [+]
GDP From Public Administration 857.90 529.50 857.90 212.20 GEL Million [+]
GDP From Services 448.10 363.00 545.50 78.20 GEL Million [+]
GDP From Transport 592.20 503.70 592.20 191.40 GEL Million [+]
GDP From Utilities 166.50 191.70 207.30 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 October of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
448.10 363.00 545.50 78.20 2003 - 2019 GEL Million Quarterly
Constant prices 2010, NSA




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