ISET

January 2018 GDP Forecast | Trade, not consumption or investment, is poised to be the largest source of GDP growth for Georgia in 2017

22 January 2018

Based on November 2017 data, the forecast for GDP growth in the fourth quarter of 2017 remained at 4.6%. Real GDP growth rate reached 3.7 % y-o-y in November 2017. As a result, estimated real GDP growth for the first eleven months of 2017 was 4.8%.

December 2017 GDP Forecast | October GDP growth data is in: Georgia at 5.7%, Armenia surges to 17.6% year on year

20 December 2017

Geostat updated its preliminary estimate of real GDP growth for the first and second quarters of 2017. The Q1 and Q2 GDP growth estimates were revised upward by 5.3% and 4.9%, respectively (0.2% higher than initial estimates). The third quarter estimates remained unchanged so far.

November 2017 GDP Forecast | The end (of the year) is near. ISET-PI GDP growth forecast predicts 4.7% real growth in 2017

06 November 2017

Recently, Geostat has released the preliminary estimate of the real GDP growth for the third quarter of 2017. The Q3 growth rate now stands at 4.4%, which is 1.5% below ISET-PI’s last forecasted value. As a result, the estimated real GDP growth for the first nine months of 2017 amounted to 4.7%.

September 2017 GDP Forecast | Strong trade, tourism, and remittances growth drive an optimistic forecast for 2017

20 September 2017

Recently, Geostat published the preliminary estimate of real GDP growth for the second quarter of 2017, which now stands at 4.7%. This is 0.7 percentage points above the previously estimated average growth rate for Q2. As a result, the real GDP growth for the first half of 2017 reached 4.9%.

August 2017 GDP Forecast | Quarter 3 forecast revised downward, but strong tourism and export performance are set to boost growth

21 August 2017

Geostat has recently released its rapid estimate of economic growth for the second quarter of 2017, which now stands at 4%. As a result, estimated real GDP growth for the first half of 2017 reached 4.5%. The ISET-PI real GDP growth forecast for the third quarter of 2017 was revised downward to 5.3%.