Gross Fixed Capital Formation in Georgia decreased to 2399 GEL Million in the first quarter of 2020 from 3433.80 GEL Million in the fourth quarter of 2019.

Gross Fixed Capital Formation in Georgia averaged 1224.87 GEL Million from 1996 until 2020, reaching an all time high of 3520.30 GEL Million in the fourth quarter of 2017 and a record low of 151.50 GEL Million in the first quarter of 1996. This page provides - Georgia Gross Fixed Capital Formation - actual values, historical data, forecast, chart, statistics, economic calendar and news. Georgia Gross Fixed Capital Formation - values, historical data and charts - was last updated on August of 2020.

Gross Fixed Capital Formation in Georgia is expected to be 3140.00 GEL Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Gross Fixed Capital Formation in Georgia to stand at 3612.00 in 12 months time. In the long-term, the Georgia Gross Fixed Capital Formation is projected to trend around 3473.00 GEL Million in 2021 and 3595.00 GEL Million in 2022, according to our econometric models.

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Georgia Gross Fixed Capital Formation

Actual Previous Highest Lowest Dates Unit Frequency
2399.00 3433.80 3520.30 151.50 1996 - 2020 GEL Million Quarterly
Current Prices, NSA

Georgia GDP Last Previous Highest Lowest Unit
GDP Annual Growth Rate 2.20 5.10 13.90 -8.70 percent [+]
GDP 17.74 17.60 17.74 2.51 USD Billion [+]
GDP Constant Prices 9036.30 10957.70 28432.80 2765.50 GEL Million [+]
Gross Fixed Capital Formation 2399.00 3433.80 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 [+]