Gross National Product in Georgia decreased to 9458.20 GEL Million in the first quarter of 2019 from 11077.90 GEL Million in the fourth quarter of 2018. Gross National Product in Georgia averaged 5703.09 GEL Million from 2003 until 2019, reaching an all time high of 11077.90 GEL Million in the fourth quarter of 2018 and a record low of 1814.90 GEL Million in the first quarter of 2003.

Gross National Product in Georgia is expected to be 10226.59 GEL Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Gross National Product in Georgia to stand at 10391.14 in 12 months time. In the long-term, the Georgia Gross National Product is projected to trend around 11358.28 GEL Million in 2020, according to our econometric models.

Georgia Gross National Product
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Georgia GDP Last Previous Highest Lowest Unit
GDP Annual Growth Rate 4.50 4.90 13.90 -8.70 percent [+]
GDP 16.21 15.08 16.51 2.51 USD Billion [+]
GDP Constant Prices 7564.50 6619.60 28432.80 2765.50 GEL Million [+]
Gross Fixed Capital Formation 2382.30 3292.40 3520.30 151.50 GEL Million [+]
GDP per capita 4469.20 4271.30 4662.90 961.20 USD [+]
GDP per capita PPP 10151.70 9702.20 10151.70 2183.40 USD [+]
Gross National Product 9458.20 11077.90 11077.90 1814.90 GEL Million [+]
GDP From Agriculture 463.70 335.40 549.30 316.90 GEL Million [+]
GDP From Construction 423.40 324.40 594.80 48.60 GEL Million [+]
GDP From Manufacturing 595.90 620.00 752.80 160.10 GEL Million [+]
GDP From Mining 68.10 64.20 80.50 17.30 GEL Million [+]
GDP From Public Administration 857.90 529.50 857.90 212.20 GEL Million [+]
GDP From Services 448.10 363.00 545.50 78.20 GEL Million [+]
GDP From Transport 592.20 503.70 592.20 191.40 GEL Million [+]
GDP From Utilities 166.50 191.70 207.30 64.30 GEL Million [+]


Georgia Gross National Product

This page provides - Georgia Gross National Product- actual values, historical data, forecast, chart, statistics, economic calendar and news. Georgia Gross National Product - actual data, historical chart and calendar of releases - was last updated on September of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
9458.20 11077.90 11077.90 1814.90 2003 - 2019 GEL Million Quarterly




Country Last Previous
Australia 464323.00 Jun/19
Brazil 1750128.10 Jun/19
Canada 2272620.00 Jun/19
China 896915.60 Dec/18
Germany 878.52 Jun/19
India 13954956.00 Dec/18
Japan 564532.30 Jun/19
Netherlands 178073.28 Mar/19
Singapore 454012.90 Dec/18
South Africa 3109703.00 Mar/19
South Korea 450227.40 Jun/19
United Kingdom 537794.00 Mar/19
United States 19324.33 Jun/19


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