Gross National Product in Georgia increased to 9537.90 GEL Million in the second quarter of 2018 from 8712.90 GEL Million in the first quarter of 2018. Gross National Product in Georgia averaged 5488.45 GEL Million from 2003 until 2018, reaching an all time high of 10283.80 GEL Million in the fourth quarter of 2017 and a record low of 1814.90 GEL Million in the first quarter of 2003.

Gross National Product in Georgia is expected to be 10798.00 GEL Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Gross National Product in Georgia to stand at 9968.00 in 12 months time. In the long-term, the Georgia Gross National Product is projected to trend around 11780.00 GEL Million in 2020, according to our econometric models.

Georgia Gross National Product
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Georgia GDP Last Previous Highest Lowest Unit
GDP Annual Growth Rate 5.50 5.30 12.30 -9.00 percent [+]
GDP 15.16 14.38 16.51 0.00 USD Billion [+]
GDP Constant Prices 7239.60 6323.30 28432.80 2765.50 GEL Million [+]
Gross Fixed Capital Formation 3190.90 2458.80 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 9537.90 8712.90 10283.80 1814.90 GEL Million [+]
GDP From Agriculture 456.40 344.80 549.30 316.90 GEL Million [+]
GDP From Construction 415.10 367.10 585.80 48.60 GEL Million [+]
GDP From Manufacturing 624.70 620.90 749.10 160.10 GEL Million [+]
GDP From Mining 72.50 67.10 80.50 17.30 GEL Million [+]
GDP From Public Administration 833.00 498.40 838.50 212.20 GEL Million [+]
GDP From Services 391.60 327.20 470.60 78.20 GEL Million [+]
GDP From Transport 507.30 450.10 511.40 191.40 GEL Million [+]
GDP From Utilities 145.20 177.80 210.10 64.30 GEL Million [+]


Georgia Gross National Product

This page provides - Georgia Gross National Product- actual values, historical data, forecast, chart, statistics, economic calendar and news. Georgia Gross National Product - actual data, historical chart and calendar of releases - was last updated on December of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
9537.90 8712.90 10283.80 1814.90 2003 - 2018 GEL Million Quarterly




Country Last Previous
Australia 447653.00 Sep/18
Brazil 1683526.19 Sep/18
Canada 2206964.00 Sep/18
China 824828.40 Dec/17
Germany 865.59 Sep/18
India 12865461.00 Dec/17
Japan 554498.40 Sep/18
Netherlands 180625.43 Jun/18
Singapore 431376.50 Dec/17
South Africa 3074870.00 Jun/18
South Korea 412026.50 Sep/18
United Kingdom 515919.00 Jun/18
United States 18928.22 Sep/18


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