GDP in Georgia
Georgia - GDPSalome Zurabishvili, an ex-foreign minister, was elected as Georgia’s president on 28 November, after beating the opposition candidate, Grigol Vashadze, by a comfortable margin. Despite the widespread protests over allegations of election fraud, Zurabishvili was officially sworn in on 15 December. Meanwhile, the economy lost pace at the beginning of the second half of 2018. Annual GDP growth slowed from 5.6% in Q2 to 3.7% in Q3, marking the worst result in nearly two years, largely due to contractions in the manufacturing and construction sectors. Available Q4 data paints a mixed picture: Economic activity growth soared in October, only to be followed by a slump in November.
Georgia - GDP Data
|Economic Growth (GDP, annual variation in %)||3.4||4.6||2.9||2.8||4.8|
5 years of economic forecasts for more than 30 economic indicators.
Georgia GDP Chart
Source: Statistics Georgia.
|Exchange Rate||2.65||0.0 %||Jan 30|
|Stock Market||0.1||0.55 %||Jan 30|
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