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Georgia GDP Annual Growth Rate


Kalender GMT Actual Forrige Konsensus
2019-03-21 07:10 AM Q4 4.5% 3.7%
2019-06-19 07:00 AM Q1 4.9% 4.5%
2019-09-18 07:00 AM Q2 4.5% 4.9%
2019-12-19 07:00 AM Q3 5.8% 4.6%
2020-03-20 07:00 AM Q4 5.8%


News Stream
2019-09-18
Georgia GDP Grows 4.5% YoY in Q2
Georgia’s GDP expanded 4.5 percent year-on-year in the second quarter of 2019, easing from a 4.9 percent advance in the previous period. Growth was driven by transport (17.9 percent), real estate, renting and business activities (16.9 percent), hotels and restaurants (14.1 percent), electricity, gas and water supply (11.5 percent), communication (10.8 percent), health and social work (9.3 percent), wholesale and retail trade; repair of motor vehicles, motorcycles and personal and household goods (7.4 percent), other community, social and personal service activities (5.2 percent), financial intermediation (4.3 percent), public administration (3.0 percent) and agriculture, hunting and forestry; fishing (2.1 percent). On the other hand, education (-7.9 percent), mining and quarrying (-7.7 percent), construction (-4.6 percent), manufacturing (-4.5 percent) contributed negatively to growth.

2019-06-19
Georgia GDP Growth Strengthens to 4.9% YoY in Q1
The Georgian economy advanced 4.9 percent year-on-year in the first quarter of 2019, following a 4.5 percent expansion in the previous period. Growth was stronger mainly for wholesale & retail trade (6.7% vs 6.1% in Q4); communication (12.3% vs 10%); real estate & business activities (11.1% vs 10.7%); public administration (6.2% vs 1.2%) and transport (12.8% vs 12.6%). Meanwhile, restaurants & hotels (13.1% vs 16.1%) and financial intermediation (3.6% vs 8.6%) rose less. On the other hand, output contracted for manufacturing (-2% vs 0.5%); construction (-9.6% vs -2.4%); mining & quarrying (-3.8% vs 3.2%) and agriculture (-0.3% vs 5.4%).

2019-03-21
Georgia GDP Growth Accelerates to 4.5% in Q4
The Georgian economy grew 4.5 percent year-on-year in the fourth quarter of 2018, following a 3.7 percent expansion in the previous period. The growth accelerated for wholesale & retail trade (6.1% vs 2.4% in Q3 2018); hotels & restaurants (16.1% vs 7.4%); communication (10.0% vs 8.9%); and agriculture (5.4% vs 3.8%). In addition, output rebounded for both public administration (1.2% vs -2.9%) and manufacturing (0.5% vs -2.3%). On the other hand, output slowed for mining and quarrying (3.2% vs 6.2%); financial intermediation (8.6% vs 15.0%); transport (12.6% vs 16.2%) and real estate activities (10.7% vs 13.4%). Meanwhile, contractions were seen in electricity, gas, and water supply (-8.4% vs 0.9%) and construction (-2.4% vs -9.2%). For 2018 as a whole, the economy expanded 4.7 percent, easing from a 4.8 percent advance in 2017.

Georgien BNP Sidste Forrige Højeste Laveste Unit
Bnp, Årlig Growth Rate 5.80 4.60 13.90 -8.70 Procent [+]
BNP 16.21 15.08 16.51 2.51 Usd Billion [+]
Bnp I Faste Priser 7564.50 6619.60 28432.80 2765.50 Gel Million [+]
Faste Bruttoinvesteringer 3215.30 3212.70 3520.30 151.50 Gel Million [+]
Bnp Per Capita 4469.20 4271.30 4662.90 961.20 USD [+]
Bnp Per Capita Ppp 10151.70 9702.20 10151.70 2183.40 USD [+]
Brutto National Produkt 10589.00 9458.20 11077.90 1814.90 Gel Million [+]
Bnp Fra Landbrug 463.70 335.40 549.30 316.90 Gel Million [+]
Bnp Fra Construction 423.40 324.40 594.80 48.60 Gel Million [+]
Bnp Fra Manufacturing 595.90 620.00 752.80 160.10 Gel Million [+]
Bnp Fra Mining 68.10 64.20 80.50 17.30 Gel Million [+]
Bnp Fra Public Administration 857.90 529.50 857.90 212.20 Gel Million [+]
Bnp Fra Services 448.10 363.00 545.50 78.20 Gel Million [+]
Bnp Fra Transport 592.20 503.70 592.20 191.40 Gel Million [+]
Bnp Fra Utilities 166.50 191.70 207.30 64.30 Gel Million [+]
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