Gross Fixed Capital Formation in Georgia decreased to 3003.20 GEL Million in the first quarter of 2021 from 3405.70 GEL Million in the fourth quarter of 2020. source: National Statistics Office of Georgia

Gross Fixed Capital Formation in Georgia averaged 1299.56 GEL Million from 1996 until 2021, reaching an all time high of 3520.30 GEL Million in the fourth quarter of 2017 and a record low of 151.50 GEL Million in the first quarter of 1996. This page provides - Georgia Gross Fixed Capital Formation - actual values, historical data, forecast, chart, statistics, economic calendar and news. Georgia Gross Fixed Capital Formation - values, historical data and charts - was last updated on September of 2021.

Gross Fixed Capital Formation in Georgia is expected to be 3367.00 GEL Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Georgia Gross Fixed Capital Formation is projected to trend around 3666.00 GEL Million in 2022 and 3831.00 GEL Million in 2023, according to our econometric models.

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Georgia Gross Fixed Capital Formation

Actual Previous Highest Lowest Dates Unit Frequency
3003.20 3405.70 3520.30 151.50 1996 - 2021 GEL Million Quarterly
Current Prices, 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 [+]