Georgia Economic Outlook
November 27, 2018Georgians will head to the polls again on 28 November to decide between Salome Zourabichvili and Grigol Vashadze in the second round of the presidential election. While the two candidates emerged from the first round largely neck-and-neck, Grigol Vashadze seems to be leading the polls less than a week before the election. Meanwhile, the economy appears to have lost traction in Q3 amid cooling export growth, following an impressive Q2 outturn. Nevertheless, the deceleration in Q3’s economic activity came largely on the back of a poor performance in August, with more upbeat data for September signaling that the economy remains on a healthy growth trajectory.
Georgia Economic GrowthGrowth should remain robust next year, propped up by healthy investment activity which will benefit from increased inflows of EU development funds. The implementation of structural reforms should improve the resilience of the financial system and make growth more sustainable in the medium-term. Our panelists expect GDP growth of 4.8% in 2019, unchanged from the previous month’s forecast, and 4.6% in 2020.
Georgia Economy Data
5 years of Georgia economic forecasts for more than 30 economic indicators.
Get a sample report showing all the data and analysis covered in our Regional, Country and Commodities reports.
|Exchange Rate||2.66||0.0 %||Dec 12|
|Stock Market||0.1||0.55 %||Dec 12|
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