The economy of Georgia advanced 3.8 percent year-on-year in December of 2019, easing from a 6.4 percent gain in the previous month. This was the weakest economy growth rate since January. Positive contributions came from manufacturing, transport and storage, wholesale and retail trade, repair of motor vehicles and motorcycles, hotels and restaurants Meantime, decreases were reported in construction. Georgia GDP YoY - data, historical chart, and calendar of releases - was last updated on February of 2020 from its official source.
Leading Economic Index in Georgia averaged 3.92 percent from 2012 until 2019, reaching an all time high of 8.40 percent in December of 2013 and a record low of -0.80 percent in December of 2012. This page provides - Georgia Leading Economic Index- actual values, historical data, forecast, chart, statistics, economic calendar and news.
Leading Economic Index in Georgia is expected to be 4.10 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Leading Economic Index in Georgia to stand at 4.20 in 12 months time. In the long-term, the Georgia GDP YoY is projected to trend around 4.20 percent in 2021, according to our econometric models.