Georgia Industrial Production  Forecast


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Industrial Production in Georgia is expected to be 22.22 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Industrial Production in Georgia to stand at 17.63 in 12 months time. In the long-term, the Georgia Industrial Production is projected to trend around 15.54 percent in 2020, according to our econometric models.


Georgia Business Last Q4/17 Q1/18 Q2/18 Q3/18 2020
Industrial Production 17.5 22.22 19.32 18.77 17.63 15.54
Manufacturing Production 19.1 6.1 21.14 20.29 19.75 13.4
Changes in Inventories 246 178 103 153 137 130
Leading Economic Index 5 4.5 3.64 3.62 3.63 4.2
Internet Speed 8774 8609 8573 8418 8341 7626
IP Addresses 508938 502643 499238 497743 494807 469500
Mining Production -4.8 21.2 1.12 8.59 14.76 22
Competitiveness Index 4.28 4.32 4.32 4.32 4.32 4.2
Competitiveness Rank 67 61 61 61 61 69
Business Confidence 17.5 18.16 22.21 22 21.82 19.43
Ease of Doing Business 9 10 11 11 12 18
Corruption Index 57 57 57 57 57 54
Corruption Rank 44 48 49 51 52 64