Consumer Spending in Georgia increased to 8201.30 GEL Million in the third quarter of 2019 from 6340.20 GEL Million in the second quarter of 2019. Georgia Consumer Spending - data, historical chart, and calendar of releases - was last updated on February of 2020 from its official source.
Consumer Spending in Georgia averaged 3209.15 GEL Million from 1996 until 2019, reaching an all time high of 8201.30 GEL Million in the third quarter of 2019 and a record low of 970.40 GEL Million in the third quarter of 1996. This page provides - Georgia Consumer Spending - actual values, historical data, forecast, chart, statistics, economic calendar and news.
Consumer Spending in Georgia is expected to be 6368.00 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 8595.00 in 12 months time. In the long-term, the Georgia Consumer Spending is projected to trend around 9008.00 GEL Million in 2021 and 9404.00 GEL Million in 2022, according to our econometric models.