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July 2019 GDP Forecast | Georgia’s economy in May: So far so good, but the “Gavrilov effect” is not in the data yet
08 July 2019

ISET-PI’s growth projections for the second and third quarters of 2019 were revised upward by less than 0.1 percentage points. They now stand at 4.8% and 7.5% respectively. Geostat has increased the estimate of the average real GDP growth for the first quarter of 2019 to 4.9% (by around 0.2 percentage points).

June 2019 GDP Forecast | Current account deficit shrinks, as exports, tourism and remittances show strong growth in April
10 June 2019

ISET-PI’s forecast of real GDP growth for the second quarter of 2017 has not changed and stands at 4.7%. The first estimate of the third quarter growth forecast is at 7.4%. The real GDP growth rate reached 5.1% year-on-year for April 2019. Consequently, the estimated real GDP for the first four months of 2019 amounted to 4.8%.

Shadow analysis for Georgia
27 May 2019

ISET Policy Institute implemented the project Shadow Analysis for Georgia in partnership with Ernst & Young Poland. Under the framework of the project, the ISET -PI team performed the following activities:

Quarter 1 2019, Macro Review | Georgian economy in Q1: the calm before the (possible) storm
24 May 2019

According to Geostat’s rapid estimates of GDP growth, Georgia’s economy continues expanding at a moderately high pace, reaching 4.7% in the first quarter of 2019. Geostat’s Q1 growth figure fell below the National Bank of Georgia’s (NBG) 5% projection for annual growth in 2019. Meanwhile, based on the March data, ISET PI’s annual GDP growth forecast was 4.9%.

May 2019 GDP Forecast | Georgian economy exhibits relatively strong growth at the start of the year. Inflation remains low, while short-term consumer credit declines following tougher lending
13 May 2019

Geostat has released its GDP growth estimate for the first quarter of 2019. The Q1 growth stands at 4.7%, which is only 0.4 percentage points above the recent ISET-PI forecast. ISET-PI’s forecast of real GDP growth for the second quarter of 2019 stands at 4.7% - up from 4.6% in April.

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