GDP Constant Prices in Georgia decreased to 6619.60 GEL Million in the first quarter of 2019 from 8510.40 GEL Million in the fourth quarter of 2018. GDP Constant Prices in Georgia averaged 12423.59 GEL Million from 1995 until 2019, reaching an all time high of 28432.80 GEL Million in the third quarter of 1996 and a record low of 2765.50 GEL Million in the first quarter of 2003.
GDP Constant Prices in Georgia is expected to be 7433.30 GEL Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate GDP Constant Prices in Georgia to stand at 8867.84 in 12 months time. In the long-term, the Georgia GDP Constant Prices is projected to trend around 9693.20 GEL Million in 2020, according to our econometric models.