Indexes
April 2015 GDP Forecast | Little relief
11
May
2015
ISET PI has updated the forecasts for Georgia’s real GDP growth rates using the February 2015 releases of various economic indicators but now with an updated forecast model.
The growth forecast for the 1st quarter of 2014 has been revised upward from 0.5% to 2.3%.
The growth forecast for the 2nd quarter of 2014 has also revised upward from 1.6% to 4.3%.
Meanwhile, Geostat has updated the GDP growth estimate for February 2015, it stands at 4.9%.
From the beginning of last year, we started drawing conclusions about the annual growth rate for the ongoing year (see our January 2014 and February 2014 publications for a note on methodology). Based on this month’s data, we expect annual growth in 2015 to be 3.2% in the worst-case or “no growth” scenario, and 4.3% in the best-case or “average long-term growth” scenario.
Recent Publications
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February 2025 | Georgia’s 2025 gdp outlook: growth amid trade gains, credit surges, and reserve pressures
20
February
2025
Geostat has published its preliminary estimate of real GDP growth for December 2024, which stands at 6.7%, while the average annual real GDP growth reached 9.5%.
January 2025 | Georgia’s GDP forecast: trade growth, reserves decline, and lending expansion
22
January
2025
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%.
December 2024 | Georgia’s economic growth powered by trade and credit, amid political challenges
20
December
2024
Geostat has published its preliminary estimate of real GDP growth for October 2024, which stands at 11%. 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 October 2024 reached 10%.
November 2024 | Economic growth anchored by lending and trade, challenged by currency depreciation
20
November
2024
GeoStat has published its preliminary estimate of real GDP growth for September 2024, which stands at 8.3%. In addition, the estimated growth for the first, second, and third quarters of 2024 reached 8.4%, 9.6%, and 11.1%, respectively. Consequently, the average real GDP growth from January to September 2024 reached 9.8%.
October 2024 | Economic indicators for georgia's growth: august 2024 gdp boosted by lending expansion and trade gains
25
October
2024
Geostat has published its preliminary estimate of real GDP growth for July 2024, which stands at 13%. In addition, the estimated growth for the first and second quarters of 2024 reached 8.4% and 9.6%, respectively. Consequently, the average real GDP growth from January to August 2024 reached 10%.
