Money in Georgia

Georgia Money | Economic News & Forecasts

Georgia - Money

A fading base effect and the reintroduction of some lockdown measures dampened recovery momentum in the third quarter, with GDP growth falling back to single digits following the strongest expansion in nearly a decade in Q2. That said, after steadying in October, economic activity picked up steam in November, supported by strong growth in the manufacturing, transportation, trade and hospitality sectors, which more than offset a decline in construction activity. Less positively, a high number of new Covid-19 cases amid a flagging vaccination campaign likely kept a lid on growth in the final quarter of 2021. In other news, on 17 December, parliament approved the state budget for 2022, with the government’s debt limit fixed at 51.1% of GDP and the consolidated budget deficit set at 4.2%.

Georgia - Money Data

2015   2016   2017   2018   2019  
Money (annual variation of M2 in %)-3.8  14.8  27.9  15.9  -     

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Georgia Money Chart


Georgia Money
Note: Money, annual variation of wide money in %.
Source: National Bank of Georgia.

Georgia Facts

Value Change Date
Exchange Rate2.860.0 %Jan 01
Stock Market0.10.55 %Jan 07

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