The stocks of goods held by firms in Georgia increased by 311.50 GEL Million in the first quarter of 2019. Changes in Inventories in Georgia averaged 145.69 GEL Million from 1996 until 2019, reaching an all time high of 512 GEL Million in the fourth quarter of 2017 and a record low of -261.70 GEL Million in the second quarter of 2009.

Changes in Inventories in Georgia is expected to be 314.40 GEL Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Changes in Inventories in Georgia to stand at 236.60 in 12 months time. In the long-term, the Georgia Changes in Inventories is projected to trend around 414.20 GEL Million in 2020, according to our econometric models.

Georgia Changes in Inventories
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Georgia Business Last Previous Highest Lowest Unit
Industrial Production 2.90 5.40 35.10 -5.00 percent [+]
Manufacturing Production 0.40 6.40 41.30 -4.30 percent [+]
Changes in Inventories 311.50 506.70 512.00 -261.70 GEL Million [+]
Leading Economic Index 6.10 5.00 8.40 -0.80 percent [+]
Internet Speed 8774.17 8242.93 8774.17 535.00 KBps [+]
IP Addresses 508938.00 489558.00 527752.00 40728.00 IP [+]
Mining Production -2.90 11.00 119.80 -66.39 percent [+]
Competitiveness Index 60.88 59.85 60.88 3.75 Points [+]
Competitiveness Rank 66.00 67.00 93.00 66.00 [+]
Business Confidence 27.00 22.60 40.40 3.60 Index Points [+]
Ease of Doing Business 6.00 9.00 24.00 6.00 [+]
Corruption Index 58.00 56.00 58.00 18.00 Points [+]
Corruption Rank 41.00 46.00 133.00 41.00 [+]


Georgia Changes in Inventories

In Georgia, changes in inventories are often a leading indicator for the overall performance of the economy. This page provides - Georgia Changes in Inventories - actual values, historical data, forecast, chart, statistics, economic calendar and news. Georgia Changes in Inventories - actual data, historical chart and calendar of releases - was last updated on September of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
311.50 506.70 512.00 -261.70 1996 - 2019 GEL Million Quarterly
Current Prices, NSA




Country Last Previous
Argentina -19140.00 Mar/19
Australia -1982.00 Jun/19
Brazil -775.64 Jun/19
Canada 14022.00 Jun/19
China 15873.10 Dec/18
Euro Area 7.71 Jun/19
France 3286.00 Jun/19
Germany 1.80 Jun/19
India 390.39 Jun/19
Indonesia 59179.55 Jun/19
Italy -5786.60 Jun/19
Japan 2007.90 Jun/19
Mexico 185467.00 Mar/19
Netherlands -345.00 Jun/19
Russia 144.30 Mar/19
Saudi Arabia 55807.00 Mar/19
Singapore 2462.80 Jun/19
South Africa 25999.00 Jun/19
South Korea 7107.20 Jun/19
Spain 2853.00 Jun/19
Switzerland -2965.50 Jun/19
Turkey -4600588.80 Jun/19
United Kingdom -3989.00 Jun/19
United States 69.03 Jun/19


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