GDP From Construction in Georgia increased to 423.40 GEL Million in the second quarter of 2019 from 324.40 GEL Million in the first quarter of 2019. GDP From Construction in Georgia averaged 322.06 GEL Million from 2003 until 2019, reaching an all time high of 594.80 GEL Million in the third quarter of 2017 and a record low of 48.60 GEL Million in the first quarter of 2003.
GDP From Construction in Georgia is expected to be 331.21 GEL Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate GDP From Construction in Georgia to stand at 443.72 in 12 months time. In the long-term, the Georgia GDP From Construction is projected to trend around 485.48 GEL Million in 2020, according to our econometric models.