Money in Georgia

Georgia Money | Economic News & Forecasts

Georgia - Money

Available data indicates that growth lost some pace in the final quarter of 2019, after it picked up to an over one-year high in the previous quarter on a buoyant wholesale and retail trade sector. Economic activity eased sharply in December, expanding at the softest pace in 11 months amid a decline in construction output, which brought average growth in Q4 well below that of Q3. In addition, although remittance inflows quickened in Q4—with those from Italy, Greece and the U.S. more than offsetting a sharp decline from Russia—increased price pressures amid a depreciating currency likely took a toll on household consumption. On a brighter note, stronger growth in merchandise exports in Q4 might have lent support to overall activity.

Georgia - Money Data

2014   2015   2016   2017   2018  
Money (annual variation of M2 in %)9.1  -2.5  12.9  29.4  16.1  

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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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