GDP Constant Prices in Georgia increased to 10957.70 GEL Million in the fourth quarter of 2019 from 10402.50 GEL Million in the third quarter of 2019.

GDP Constant Prices in Georgia averaged 13047.20 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. This page provides - Georgia GDP Constant Prices - actual values, historical data, forecast, chart, statistics, economic calendar and news. Georgia GDP Constant Prices - values, historical data and charts - was last updated on March of 2020.

GDP Constant Prices in Georgia is expected to be 9026.00 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 10215.00 in 12 months time. In the long-term, the Georgia GDP Constant Prices is projected to trend around 10266.00 GEL Million in 2021 and 10626.00 GEL Million in 2022, according to our econometric models.

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Georgia GDP Constant Prices

Actual Previous Highest Lowest Dates Unit Frequency
10957.70 10402.50 28432.80 2765.50 1995 - 2019 GEL Million Quarterly
Constant Prices 2010, NSA

Georgia GDP Last Previous Highest Lowest Unit
GDP Annual Growth Rate 5.10 5.80 13.90 -8.70 percent [+]
GDP 20.00 16.21 20.00 2.51 USD Billion [+]
GDP Constant Prices 10957.70 10402.50 28432.80 2765.50 GEL Million [+]
Gross Fixed Capital Formation 3215.30 2984.20 3520.30 151.50 GEL Million [+]
GDP per capita 4469.20 4271.30 4662.90 961.20 USD [+]
GDP per capita PPP 10151.70 9702.20 10151.70 2183.40 USD [+]
Gross National Product 10589.00 9458.20 11077.90 1814.90 GEL Million [+]
GDP From Agriculture 882.00 728.10 882.00 316.90 GEL Million [+]
GDP From Construction 737.80 724.50 790.10 48.60 GEL Million [+]
GDP From Manufacturing 737.80 724.50 790.10 160.10 GEL Million [+]
GDP From Mining 106.80 89.30 109.20 17.30 GEL Million [+]
GDP From Public Administration 654.80 657.20 761.80 212.20 GEL Million [+]
GDP From Services 448.10 363.00 545.50 78.20 GEL Million [+]
GDP From Transport 481.60 601.30 601.30 191.40 GEL Million [+]
GDP From Utilities 84.10 69.10 172.40 31.20 GEL Million [+]