GDP in Georgia

Georgia GDP | Economic News & Forecasts

Georgia - GDP

The 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

2012  2013  2014  2015  2016  
Economic Growth (GDP, annual variation in %)6.4  3.4  4.6  2.9  2.7  

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Georgia GDP Chart


Georgia GDP
Note: Annual variation of gross domestic product (GDP) in %.
Source: Statistics Georgia.

Georgia Facts

ValueChangeDate
Exchange Rate2.40-0.02 %Aug 16
Stock Market0.42.13 %Aug 16

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