Subscribe
Logo

Indexes

October 2022 | In the eye of the storm: driven by strong external sector, the economy is expected to show a double-digit growth in 2022
Home Indexes GDP Forecast

See Publication

ISET-PI has updated its real GDP growth forecast for the third and fourth quarters of 2022. Here are the highlights of this month’s release:

ISET-PI’s forecast of real GDP growth for the third quarter (July-September) of 2022 decreased by 0.1 ppt to 16.4% compared to the last month’s prediction. The third estimate for the fourth quarter (October-December) growth forecast remains unchanged at 17.3%.

Geostat recently published its preliminary estimate of real GDP growth for August 2022, which currently stands at 10.5%. As a result, the real GDP growth estimate for the first eight months of 2020 is 10.3%. Based on August’s data, we expect annual growth in 2022 to be 13.8%. This number is most likely overestimated by the model at the current point in time. This is due to the fact that war, sanctions, and large-scale in-migration had not had relevant analogues in the Georgian data in the past.

Tags: #index, #gdp forecast, #economic growth, #remittances, #tourism,

Recent Publications

View All
March 2026 | Robust growth prospects for Georgia in 2026: strong domestic demand and improved trade balance
20 March 2026

According to the ISET Policy Institute's latest projections, Based on January’s data, Georgia's economy is expected to grow by 5.1% in the first quarter of 2026 and 6.3% in the second quarter of 2026. The annual growth in 2026 is expected to be 4.9% in the worst-case scenario, and 6.3% in the best-case or an average long-term growth scenario.
February 2026 | Georgia 2026: growth momentum under tight monetary conditions and external volatility
20 February 2026

According to the ISET Policy Institute's latest projections, Based on December’s data, Georgia's economy is expected to grow by 5.1% in the first quarter of 2026 and 6.3% in the second quarter of 2026. The annual growth in 2026 is expected to be 4.9% in the worst-case scenario, and 6.3% in the best-case or an average long-term growth scenario.
January 2026 | Georgia’s growth momentum Under tight monetary conditions: GDP Forecast update, January 2026
20 January 2026

According to the ISET Policy Institute's latest projections, based on September’s data, Georgia's economy is expected to grow by 6.6% 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%.
December 2025 | Georgia’s economy in 2025: robust growth, inflation pressures, and external risks
22 December 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%.
November 2025 | Trade Gains, rising dollarization, and firm domestic demand shape Georgia’s near-term growth
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%.
Subscribe