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.


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Georgia GDP YoY

Actual Previous Highest Lowest Dates Unit Frequency
3.80 6.40 8.40 -0.80 2012 - 2019 percent Monthly
NSA, PP=000


Calendar GMT Actual Previous Consensus TEForecast
2019-10-31 07:00 AM Sep 5.2% 5.8% 5.3%
2019-11-29 07:00 AM Oct 5.7% 5.2% 5.0%
2019-12-31 07:00 AM Nov 6.4% 5.7% 6.5%
2020-01-31 07:00 AM Dec 3.8% 6.4% 5.9%
2020-02-28 07:00 AM Jan 3.8% 4.5%
2020-03-31 07:00 AM Feb
2020-04-30 07:00 AM Mar 4%
2020-05-29 07:00 AM Apr


News Stream
Georgia GDP Growth Weakest in 11 Months
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.
2020-01-31
Georgia GDP Growth Strongest in 13 Months
The economy of Georgia expanded 6.4 percent year-on-year in November of 2019, accelerating from a 5.7 percent gain in the previous month. This was the strongest economy growth rate since October last year. Positive contributions came from manufacturing, transport and storage, construction, wholesale and retail trade, repair of motor vehicles and motorcycles. Meantime, decreases were reported in real estate; and art, entertainment and recreation activities.
2019-12-31
Georgia GDP Growth Accelerates to 5.7% in October
The economy of Georgia expanded 5.7 percent year-on-year in October of 2019, accelerating from a 5.2 percent gain in the previous month. Positive contributions came from hotels, and restaurants, information and communication, and manufacturing. Meantime, decreases were reported in mining and quarrying, art, entertaintment and recreation activities.
2019-11-29
Georgia GDP Growth Weakest in 3 Months
The economy of Georgia expanded 5.2 percent year-on-year in September of 2019, slowing from a 5.8 percent gain in the previous month. This was the weakest economy growth, since June. Positive contributions came from construction, transport, trade, hotels, restaurants, and manufacturing. Meantime, decreases were reported in mining and quarrying and in other community, and personal service activities.
2019-10-31

Georgia GDP YoY
Leading Economic Index in Georgia refers to the change in the value of the goods and services produced by the country economy (GDP) compared to the corresponding month in the previous year.