GDP in Georgia
Georgia - GDPGeorgia’s economy continued to grow at a moderate pace towards the end of 2016 despite subdued external demand, according to a flash estimate from the National Statistics Office. This comes amid an environment of greater political certainty thanks to the victory of the incumbent Georgian Dream party in October’s elections. In a recent staff visit to the country, the IMF highlighted the country’s resilience and praised the government’s structural reforms. Part of a four-point plan announced in 2016 and spearheaded by newly reelected Prime Minister Giorgi Kvirikashvili, these reforms aim to overhaul the education system, modernize the country’s infrastructure, reform the tax code and improve governance.
Georgia - GDP Data
|Economic Growth (GDP, annual variation in %)||7.2||6.4||3.4||4.6||2.8|
5 years of economic forecasts for more than 30 economic indicators.
Note: Annual variation of gross domestic product (GDP) in %.
Georgia GDP Chart
Source: Statistics Georgia.
|Exchange Rate||2.67||-0.26 %||Jan 20|
|Stock Market||1.5||-0.11 %||Jan 20|
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