GDP Constant Prices in Georgia decreased to 8916.20 GEL Million in the second quarter of 2020 from 9036.30 GEL Million in the first quarter of 2020. source: National Statistics Office of Georgia

GDP Constant Prices in Georgia averaged 12967.38 GEL Million from 1995 until 2020, 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 December of 2020.

GDP Constant Prices in Georgia is expected to be 10064.00 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 9852.00 in 12 months time. In the long-term, the Georgia GDP Constant Prices is projected to trend around 10756.00 GEL Million in 2021 and 11132.00 GEL Million in 2022, according to our econometric models.

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Georgia GDP Constant Prices

Actual Previous Highest Lowest Dates Unit Frequency
8916.20 9036.30 28432.80 2765.50 1995 - 2020 GEL Million Quarterly
Constant Prices 2010, NSA

Georgia GDP Last Previous Highest Lowest Unit
GDP Annual Growth Rate -12.30 2.20 13.90 -12.30 percent [+]
GDP 17.74 17.60 17.74 2.51 USD Billion [+]
GDP Constant Prices 8916.20 9036.30 28432.80 2765.50 GEL Million [+]
Gross Fixed Capital Formation 2805.00 2399.00 3520.30 151.50 GEL Million [+]
GDP per capita 4985.80 4734.40 4985.80 1011.20 USD [+]
GDP per capita PPP 15014.30 14257.10 15014.30 3045.00 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 [+]