GDP From Services in Georgia decreased to 363 GEL Million in the first quarter of 2019 from 545.50 GEL Million in the fourth quarter of 2018. GDP From Services in Georgia averaged 248.99 GEL Million from 2003 until 2019, reaching an all time high of 545.50 GEL Million in the fourth quarter of 2018 and a record low of 78.20 GEL Million in the first quarter of 2003.
GDP From Services in Georgia is expected to be 393.56 GEL Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate GDP From Services in Georgia to stand at 568.41 in 12 months time. In the long-term, the Georgia GDP From Services is projected to trend around 621.32 GEL Million in 2020, according to our econometric models.