GDP in Georgia
Georgia - GDPAnnual GDP rose 5.5% in Q2—the strongest print in nearly four years—sustained by a solid performance from the external sector. Merchandise exports soared in Q2 due robust demand from CIS countries. Available data suggests momentum carried over into Q3: the lari held its ground against major currencies throughout Q3, while higher private sector lending and an accommodative monetary policy environment likely buoyed domestic demand in August. Nevertheless, the depreciation of the Russian ruble and the Turkish lira crisis signal potential headwinds to the Georgian economy H2 2018 due to an adverse impact on trade, remittances and tourism. On 28 October, Georgians will head to presidential polls in what will be the last direct presidential vote—a College of Electors will elect the president going forward.
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||2.67||0.0 %||Oct 16|
|Stock Market||0.5||0.55 %||Oct 16|
Get a sample report showing all the data and analysis covered in our Regional, Country and Commodities reports.
Start Your Free Trial
Start working with the reports used by the world’s major financial institutions, multinational enterprises & government agencies now. Click on the button below to get started.