GDP Constant Prices in Georgia decreased to 9036.30 GEL Million in the first quarter of 2020 from 10957.70 GEL Million in the fourth quarter of 2019.
GDP Constant Prices in Georgia averaged 13007.49 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 August of 2020.
GDP Constant Prices in Georgia is expected to be 10158.00 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 9506.00 in 12 months time. In the long-term, the Georgia GDP Constant Prices is projected to trend around 11083.00 GEL Million in 2021 and 11471.00 GEL Million in 2022, according to our econometric models.