Georgia Industrial Production - Forecast

Industrial Production in Georgia is expected to be 11.87 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 12.72 in 12 months time. In the long-term, the Georgia Industrial Production is projected to trend around 14.57 percent in 2020, according to our econometric models.


Georgia Industrial Production
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Georgia Business Last Q3/18 Q4/18 Q1/19 Q2/19 2020
Industrial Production 13.5 11.87 11.04 14.14 12.72 14.57
Manufacturing Production 16.7 10.88 7.6 5.8 5.82 13.4
Changes in Inventories 384 285 439 327 444 434
Leading Economic Index 7.5 4.83 3.9 3.98 3.92 4.2
Internet Speed 8774 9692 9920 10154 10343 12083
IP Addresses 508938 526370 528599 532688 535458 565410
Mining Production 12.9 8.2 18.7 6.03 5.53 22
Competitiveness Index 4.28 4.32 4.32 4.25 4.22 4.13
Competitiveness Rank 67 61 61 67 68 70
Business Confidence 28 19.79 21.75 21.09 22.43 21.86
Ease of Doing Business 9 14 14 14 14 16
Corruption Index 56 57 57 57 57 59
Corruption Rank 46 46 46 47 47 47