The economy of Georgia advanced 18.7 percent year-on-year in June of 2021, following a 25.8 percent expansion in the previous month. It still remained the third fastest growth on record, as the economic recovery continues to unfold at double-digit growth levels. Real growth was observed across most sectors of the economy, most significantly in manufacturing; financial and insurance activities; transportation and storage; trade; hotels and restaurants; real estate activities; and construction. However, output declined in mining and quarrying. source: National Statistics Office of Georgia
Leading Economic Index in Georgia averaged 3.38 percent from 2012 until 2021, reaching an all time high of 44.80 percent in April of 2021 and a record low of -16.60 percent in April of 2020. This page provides - Georgia Leading Economic Index- actual values, historical data, forecast, chart, statistics, economic calendar and news. Georgia GDP YoY - data, historical chart, forecasts and calendar of releases - was last updated on August of 2021.
Leading Economic Index in Georgia is expected to be 6.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Georgia GDP YoY is projected to trend around 5.50 percent in 2022, according to our econometric models.