Retail Sales in Georgia increased 12.20 percent in the second quarter of 2019 over the same quarter in the previous year. Retail Sales YoY in Georgia averaged 15.88 percent from 2000 until 2019, reaching an all time high of 82.50 percent in the fourth quarter of 2011 and a record low of -21.90 percent in the fourth quarter of 2001.

Retail Sales YoY in Georgia is expected to be 3.70 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Retail Sales YoY in Georgia to stand at 3.60 in 12 months time. In the long-term, the Georgia Retail Sales YoY is projected to trend around 3.00 percent in 2020, according to our econometric models.

Georgia Retail Sales YoY
Forecast Data Chart
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Calendar GMT Actual Previous Consensus TEForecast
2018-12-04 07:00 AM Retail Sales YoY Q3 12% 16.4% 15.8%
2019-03-06 07:00 AM Retail Sales YoY Q4 5.6% 12% 11.3%
2019-06-04 07:00 AM Retail Sales YoY Q1 9.6% 5.6% 5.1%
2019-09-03 07:00 AM Retail Sales YoY Q2 12.2% 9.6% 4.8%
2019-12-04 06:00 AM Retail Sales YoY Q3 12.2% 3.7%

Georgia Consumer Last Previous Highest Lowest Unit
Retail Sales YoY 12.20 9.60 82.50 -21.90 percent [+]
Consumer Spending 6237.40 7186.80 7186.80 970.40 GEL Million [+]
Consumer Confidence -15.60 -16.50 -1.40 -40.40 Index Points [+]

Georgia Retail Sales YoY

In Georgia, the year-over-year change in Retail sales compares the aggregated sales of retail goods and services during a certain month to the same month a year ago. This page provides - Georgia Retail Sales YoY - actual values, historical data, forecast, chart, statistics, economic calendar and news. Georgia Retail Sales YoY - actual data, historical chart and calendar of releases - was last updated on September of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
12.20 9.60 82.50 -21.90 2000 - 2019 percent Quarterly