GDP in Georgia
Georgia - GDPThe Georgian economy slowed somewhat at the close of the second quarter, but remained robust nonetheless. According to preliminary data released by the Statistical Institute on 31 July, Q2 GDP growth came in at 4.0%, down from Q1’s solid 5.1% reading. The disappointing reading was mainly due to poor economic performance in April. According to the same data release, economic growth came in at 4.6% in June, down from 5.3% in May. The underlying trend seems to be rather positive however, as both imports and exports continued to grow over the course of the second quarter, suggesting stronger domestic and external demand.
Georgia - GDP Data
|Economic Growth (GDP, annual variation in %)||6.4||3.4||4.6||2.9||2.7|
5 years of economic forecasts for more than 30 economic indicators.
Georgia GDP Chart
Source: Statistics Georgia.
|Exchange Rate||2.40||-0.02 %||Aug 16|
|Stock Market||0.4||2.13 %||Aug 16|
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