The economy of Georgia expanded 25.8 percent year-on-year in May of 2021, following a 44.8 percent surge in the previous month. It was the second steepest expansion on records, as the economy continued its recovery from the COVID-19 downturn. Real growth was observed across most sectors of the economy, most significantly in manufacturing; financial and insurance activities; trade; real estate activities; hotels and restaurants; construction; transportation and storage. source: National Statistics Office of Georgia
Leading Economic Index in Georgia averaged 3.24 percent from 2012 until 2021, reaching an all time high of 44.80 percent in April of 2021 and a record low of -16.60 percent in April of 2020. This page provides - Georgia Leading Economic Index- actual values, historical data, forecast, chart, statistics, economic calendar and news. Georgia GDP YoY - data, historical chart, forecasts and calendar of releases - was last updated on July of 2021.
Leading Economic Index in Georgia is expected to be 5.90 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Leading Economic Index in Georgia to stand at 3.50 in 12 months time. In the long-term, the Georgia GDP YoY is projected to trend around 5.50 percent in 2022, according to our econometric models.