Indexes
December 2017 GDP Forecast | October GDP growth data is in: Georgia at 5.7%, Armenia surges to 17.6% year on year
20
December
2017
ISET-PI updated its forecast of Georgia’s real GDP growth rate for the fourth quarter of 2017, and the first quarter of 2018. Here are the highlights of this month’s release:
Geostat updated its preliminary estimate of real GDP growth for the first and second quarters of 2017. The Q1 and Q2 GDP growth estimates were revised upward by 5.3% and 4.9%, respectively (0.2% higher than initial estimates). The third quarter estimates remained unchanged so far.
The real GDP growth rate reached 5.7 % y-o-y for October 2017. As a result, the estimated real GDP growth for the first ten months of 2017 was 4.9%.
ISET-PI’s real GDP growth forecast for the fourth quarter of 2017 remained at 4.6%.
Based on September’s data, we expect the annual growth in 2017 to be 4.8%.
ISET-PI forecasts GDP growth for the first quarter of 2018 to be 3.3%.
Recent Publications
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November 2025 | Trade Gains, rising dollarization, and firm domestic demand shape Georgia’s near-term growth
20
November
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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%.
October 2025 | Georgia’s 2025 economic outlook: balancing strong domestic growth with external headwinds
20
October
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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%.
September 2025 | September 2025 outlook: Georgia’s GDP growth anchored by domestic demand and monetary caution
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%.
August 2025 | Georgia’s 2025 outlook: solid growth, tight policy, and global uncertainty
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%.
July 2025 | Economic growth forecast strong at 7.1% in 2025: Georgia faces inflation pressures and external volatility
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.
