GDP Constant Prices in Georgia decreased to 8662.40 GEL Million in the first quarter of 2021 from 10160.30 GEL Million in the fourth quarter of 2020. source: National Statistics Office of Georgia

GDP Constant Prices in Georgia averaged 12868.28 GEL Million from 1995 until 2021, 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 September of 2021.

GDP Constant Prices in Georgia is expected to be 10204.00 GEL Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Georgia GDP Constant Prices is projected to trend around 10936.00 GEL Million in 2022 and 11428.00 GEL Million in 2023, according to our econometric models.

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Georgia GDP Constant Prices

Actual Previous Highest Lowest Dates Unit Frequency
8662.40 10160.30 28432.80 2765.50 1995 - 2021 GEL Million Quarterly
Constant Prices 2015, NSA

Georgia GDP Last Previous Highest Lowest Unit
GDP Annual Growth Rate 29.90 -4.50 29.90 -13.20 percent [+]
GDP 15.89 17.48 17.63 2.51 USD Billion [+]
GDP Constant Prices 8662.40 10160.30 28432.80 2765.50 GEL Million [+]
Gross Fixed Capital Formation 3003.20 3405.70 3520.30 151.50 GEL Million [+]
GDP per capita 4678.66 4977.51 4977.51 1011.17 USD [+]
GDP per capita PPP 14089.30 14989.26 14989.26 3045.04 USD [+]
Gross National Product 10819.80 13172.00 13343.20 1814.90 GEL Million [+]