GDP in Georgia

Georgia GDP | Economic News & Forecasts

Georgia - GDP

The economy continued gaining momentum in recent months, with growth accelerating for the fourth consecutive month and surging 6.5% on an annual basis in April. The sturdy performance in the January–April period came on the back of a buoyant external sector and improving business conditions. Merchandise exports on an annual basis surged by double digits during the period, with services exports—particularly tourism—contributing notably to the expansion. Meanwhile, subdued inflationary pressures and a stable monetary environment likely spurred household consumption growth, reflected in a marked increase in VAT collection rates.

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

ValueChangeDate
Exchange Rate2.460.0 %Jun 14
Stock Market0.50.55 %Jun 13

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