ISET

ISET-PI has updated its forecast of Georgia’s real GDP – g growth rate for the first and second quarters of 2018. Here are the highlights of this month’s release:

Geostat has revised its rapid estimate of real GDP growth for the fourth quarter of 2017. Estimated growth now stands at 5.4%, which is 0.7 percentage points above the previously estimated average growth rate for Q4. As a result, the real GDP growth for 2017 reached 5.0%.

ISET-PI’s forecast of the real GDP growth for the first quarter of 2018 stands at 4.1% - up from 3.4% in February. The first estimate of the second quarter growth forecast now stands at 5.1%.

ISET-PI has updated its forecast of Georgia’s real GDP growth rate for the first quarter of 2018. Here are the highlights of this month’s release:

Geostat has published its rapid estimate of real GDP growth for the fourth quarter of 2017. Estimated growth stands at 4.7%, which is only 0.1% higher than the value forecasted in the last update of our model.

Given the latest data, Georgian annual real GDP growth in 2017 amounted to 4.8%. Our annual GDP forecast of 4.7% (since November 2017), and 4.8% (since December 2017), therefore turned out to be quite accurate.

ISET-PI’s forecast for the first quarter of 2018 puts GDP growth at 3.4%.

ISET-PI has updated its forecast of Georgia’s real GDP growth rate for the fourth quarter of 2017 (the final update) and the first quarter of 2018. Here are the highlights of this month’s release:

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%.

Annual growth for 2017 is still expected to be 4.8%.

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