Consumer Spending in Georgia decreased to 6237.40 GEL Million in the first quarter of 2019 from 7186.80 GEL Million in the fourth quarter of 2018. Consumer Spending in Georgia averaged 3121.80 GEL Million from 1996 until 2019, reaching an all time high of 7186.80 GEL Million in the fourth quarter of 2018 and a record low of 970.40 GEL Million in the third quarter of 1996.
Consumer Spending in Georgia is expected to be 5937.38 GEL Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Consumer Spending in Georgia to stand at 7488.65 in 12 months time. In the long-term, the Georgia Consumer Spending is projected to trend around 8185.64 GEL Million in 2020, according to our econometric models.