ISET-PI has updated its forecast of Georgia’s real GDP growth rate for the first and second quarters of 2020. Here are the highlights of this month’s release:
GeoStat has published its rapid estimate of real GDP growth for the fourth quarter of 2019. Their estimated growth stands at 5.3%, which is 0.7 percentage points above ISET-PI’s most recent forecast. The annual real GDP growth for 2019 amounted to 5.2%.
The real GDP growth rate reached 5.1% year-on-year for January 2020.
ISET-PI’s forecast for the first quarter of 2020 now stands at 4.9%—up from 4.3% in January. The second quarter growth forecast currently stands at 5.6%.
Based on the data from December, we expect annual growth in 2020 to be 5.0% in the worst-case scenario, and 6.1% in the best-case or the average long-term growth scenario. Our middle-of-the-road scenario (based on average growth in the last four quarters) predicts a 5.4% increase in real GDP.
20
November
2025
According to the ISET Policy Institute's latest projections, based on September’s data, Georgia's economy is expected to grow by 6.7% in the fourth quarter of 2025 and 5.2% in the first quarter of 2026. The annual growth in 2025 is expected to be 7.6%.
20
October
2025
According to the ISET Policy Institute's latest projections, based on August’s data, Georgia's economy is expected to grow by 5.8% in the third quarter and 6.3% in the fourth quarter of 2025. The annual growth in 2025 is expected to be 7.3%.
22
September
2025
According to the ISET Policy Institute's latest projections, based on July’s data, Georgia's economy is expected to grow by 5.8% in the third quarter and 6.3% in the fourth quarter of 2025. The annual growth in 2025 is expected to be 7.3%.
20
August
2025
According to the ISET Policy Institute's latest projections, based on June’s data, Georgia's economy is expected to grow by 5.8% in the third quarter and 6.3% in the forth quarter of 2025. The annual growth in 2025 is expected to be 7.3%.
20
July
2025
According to the ISET Policy Institute's latest projections, based on May’s data, Georgia's economy is expected to grow by 8.2% in the second quarter and 6.5% in the third quarter of 2025. The annual growth in 2025 is expected to be 6% in the worst-case scenario and 7.6% in the best-case or an average long-term growth scenario.
