October 2015 GDP Forecast | Deposit dollarization dampens growth forecast
30 October 2015

ISET-PI has updated its forecasts for Georgia’s real GDP growth rates using the August 2015 releases of various economic indicators.

The final growth forecast for the third quarter of 2015 has not changed significantly since last month (declining by only 0.02%) and remains at 2.6%.

Similarly, the second growth forecast for the fourth quarter of 2015 is still 3.8%.

Based on our forecast, the annual growth for 2015 is expected to be 2.9%.