Indexes
July 2014 GDP Forecast | High growth rates are maintained
11
June
2014
ISET PI has updated the forecasts for Georgia’s real GDP growth rates using the May 2014 releases of various economic indicators.
The growth forecast for the 2nd quarter of 2014 has been revised upward from 7.5% to 7.7%.
The growth forecast for the 3rd quarter of 2014 has been revised upward from 7.1% to 7.5%.
Meanwhile, Geostat has released an official quarterly growth GDP rate for the first quarter of 2014 and it is quite impressive 7.1%. (This data is still preliminary and will be revised)
From 2014 we started to draw some conclusions about annual growth rate for year 2014. The methodology that we use and the scenario description are explained in our February and January publications. Given these developments, we expect the annual growth rate in 2014 to be 6.5% at the very least and more likely somewhere around 6.9%.
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%.
