GDP in Georgia

Georgia GDP | Economic News & Forecasts

Georgia - GDP

Available data suggests growth picked up slightly in the last quarter of 2018, following a somewhat disappointing third-quarter outturn amid contractions in the manufacturing and construction sectors. Economic activity growth rebounded strongly in December, following a particularly weak performance in November when election-related uncertainties likely ate into consumption and investment gains. As a result, economic activity growth, on average, accelerated slightly in Q4 compared to Q3. In addition, exports continued to post double-digit growth in Q4, on the back of booming demand for commodities and motor cars, particularly from Azerbaijan, Kazakhstan and Ukraine.

Georgia - GDP Data

2013  2014  2015  2016  2017  
Economic Growth (GDP, annual variation in %)3.4  4.6  2.9  2.8  4.8  

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Georgia GDP Chart

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

Georgia Facts

Exchange Rate2.640.0 %Feb 14
Stock Market0.10.55 %Feb 14

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