January 2023 | We may never see a year like this again: Georgia’s annual growth for 2022 surpasses 10%, amidst regional and global crisis
30 January 2023
ISET-PI has updated its real GDP growth forecast for the first quarter of 2023. Here are the highlights of this month’s release:
Geostat has published its rapid estimate of the real GDP growth for the fourth quarter of 2022, and its estimated growth stands at 9.5%, which is 2.5 percentage points below the ISET-PI’s most recent forecast.
The annual real GDP growth in 2022 amounted to 10.1%, which is just 0.9 percentage points lower than our recent prediction.
ISET-PI growth forecast for Q1 of 2023 remained unchanged at 3.9%.