Consumer Spending in Georgia increased to 10573 GEL Million in the third quarter of 2020 from 7888.50 GEL Million in the second quarter of 2020. source: National Statistics Office of Georgia
Consumer Spending in Georgia averaged 3474.63 GEL Million from 1996 until 2020, reaching an all time high of 10573 GEL Million in the third quarter of 2020 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. Georgia Consumer Spending - values, historical data and charts - was last updated on January of 2021.
Consumer Spending in Georgia is expected to be 8262.00 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 10890.00 in 12 months time. In the long-term, the Georgia Consumer Spending is projected to trend around 11380.00 GEL Million in 2022 and 11892.00 GEL Million in 2023, according to our econometric models.