Indexes
December 2014 GDP Forecast | The Georgian economy looks forward to a robust growth result for 2014
11
December
2014
ISET-PI has updated its forecasts for Georgia’s real GDP growth rates using the October 2014 releases of various economic indicators.
Based on the October data, the growth forecast for the last quarter of 2014 was revised upward from 1.1% to 3.6%.
We have started to forecast the first quarter of 2015, with the initial forecast standing at 3.2%.
Meanwhile, Geostat’s “rapid estimate” growth forecast for the month of October is 3.5%.
We started drawing conclusions about the annual growth rate for 2014 at the beginning of the year (see our January and February publications for a note on our methodology). We used the forecasts available for each quarter to predict that Georgia’s GDP growth in 2014 will be 5.3%. This figure is quite close to the official 5% annual growth forecast made by the Georgian government.
Recent Publications
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March 2024 | Growth surge or temporary blip? ISET-PI unveils key factors shaping Georgia's economy
25
March
2024
Geostat has released its rapid estimate of real GDP growth for January 2024. The estimated growth stands at 5.8%, while the estimated growth of 2023 reached 7.5%.
February 2024 | Currency gains, trade contraction, and remittance normalization: key drivers of Georgia's revised 2024 GDP forecast
26
February
2024
Geostat has released its rapid estimate of real GDP growth for December 2023. The estimated growth stands at 8.3%, while the average annual real GDP growth reached 7%.
January 2024 | Analyzing economic trends in Georgia: moderate growth in foreign currency deposits, annual decline in exports, remittances adjust for migration impact, below-target inflation
29
January
2024
Geostat has released its rapid estimate of real GDP growth for November 2023. The estimated growth stands at 5.9%, while the average real GDP growth for January-November 2023 reached 6.9%.
December 2023 | Economic momentum revealed: deposits soar, trade increases mostly driven by re-export, and remittances shift – Georgia's GDP growth chronicles
11
January
2024
Geostat has released its rapid estimate of real GDP growth for October 2023. The estimated growth stands at 6.2%, while the average real GDP growth for January- October 2023 reached 6.9%.
November 2023 | Remittances dip as one-time impact expires, money supply sustains growth, marginal contraction in credit expansion, and inflation approaches zero
11
December
2023
Geostat has released its rapid estimate of real GDP growth for September 2023. The estimated growth stands at 5.1%, while the average real GDP growth for January-September 2023 reached 6.8%.
