Gross Fixed Capital Formation in Georgia increased to 3215.30 GEL Million in the third quarter of 2019 from 2984.20 GEL Million in the second quarter of 2019. Georgia Gross Fixed Capital Formation - data, historical chart, and calendar of releases - was last updated on February of 2020 from its official source.

Gross Fixed Capital Formation in Georgia averaged 1189.26 GEL Million from 1996 until 2019, 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.

Gross Fixed Capital Formation in Georgia is expected to be 2432.00 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 3370.00 in 12 months time. In the long-term, the Georgia Gross Fixed Capital Formation is projected to trend around 3531.00 GEL Million in 2021 and 3687.00 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
3215.30 2984.20 3520.30 151.50 1996 - 2019 GEL Million Quarterly
Current Prices, NSA