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January 2025 | Georgia’s GDP forecast: trade growth, reserves decline, and lending expansion
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22 January 2025

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ISET Policy Institute has updated its real GDP growth forecast for the fourth quarter of 2024 and the first quarter of 2025. Here are the highlights of this month’s release:

Geostat has published its preliminary estimate of real GDP growth for November 2024, which stands at 7.5%. In addition, the estimated growth for the first, second, and third quarters of 2024 reached 8.7%, 9.7%, and 11%, respectively. Consequently, the average real GDP growth from January to November 2024 reached 9.4%.

ISET Policy Institute forecasts Georgia's economy to grow by 8.8% in the fourth quarter of 2024 and 9.4% in the first quarter of 2025. 

Based on October data, the annual growth for 2024 is projected to be 8.9%.

Tags: #index, #gdp growth, #economic growth, #gdp forecast, #trade, #inflation, #reserves,

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