ISET

April 2019 GDP Forecast | No credit, no party! Can improved external statistics (except FDI!) and increased volume of deposits still guarantee stable growth?

08 April 2019

ISET-PI’s forecasted real GDP growth for the first two quarters of 2019 remain at 4.3% and 4.6%, respectively. Geostat has released its rapid estimate of real GDP growth for February 2019. Their estimated growth stands at 4.6%, while the average real GDP growth for January-February 2019 reached 4.1%.

March 2019 GDP Forecast | Will improved CA balance and planed capital investments outweigh pessimism and lack of credit? We’ll see!

11 March 2019

Based on January’s data, we expect annual growth in 2019 to be 4.4% in the worst-case or “no growth” scenario, and 5.5% in the best-case or “average long-term growth” scenario. Our “middle-of-the-road” scenario (based on average growth over the last four quarters) predicts 4.7% real GDP growth.

February 2019 GDP Forecast | First predictions, middle-of-the-road scenario: Georgia’s real GDP is expected to grow by 4.4% in 2019

11 February 2019

Geostat has published its rapid estimate of real GDP growth for the fourth quarter of 2018, and their estimated growth stands at 4.8%, which is 1.1 percentage point above ISET-PI’s most recent forecast.

January 2019 GDP Forecast | Georgia’s overall GDP growth softens at the end of 2018, while exports, remittances, and tourism continue to expand

21 January 2019

Geostat updated its preliminary estimate of real GDP growth for the third quarter of 2018. The Q3 estimate was revised downward to 3.7% (0.3 percentage points lower than the previous estimate). The real GDP growth rate reached only 2.2% year-on-year for November 2018. Consequently, the estimated real GDP for the first eleven months of 2018 was revised downward to 4.7%.

December 2018 GDP Forecast | Real GDP growth is expected to reach 4.6% in 2018, as manufacturing, trade and construction sectors drive strong performance in October

10 December 2018

Geostat recently updated its preliminary estimate of real GDP growth for the first and second quarters of 2018. The Q1 and Q2 GDP growth estimates were revised downward to 5.2% and 5.6%, respectively. The third quarter estimates so far remained unchanged.