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.

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Georgia GDP YoY

Actual Previous Highest Lowest Dates Unit Frequency
18.70 25.80 44.80 -16.60 2012 - 2021 percent Monthly
NSA, PP=000


Calendar GMT Actual Previous Consensus TEForecast
2021-04-29 07:00 AM Mar 4% -5.1% -2.5%
2021-06-01 07:00 AM Apr 44.8% 4% 19%
2021-06-30 08:00 AM May 25.8% 44.8% 37%
2021-07-30 08:00 AM Jun 18.7% 25.8% 23%
2021-08-31 07:00 AM Jul 18.7%
2021-09-30 07:00 AM Aug
2021-10-29 07:00 AM Sep
2021-11-30 07:00 AM Oct


News Stream
Georgia Economy Advances 18.7% in June
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.
2021-07-30
Georgia Economy Continues Recovery in May
The economy of Georgia expanded 25.8 percent year-on-year in May of 2021, following a 44.8 percent surge in the previous month. It was the second steepest expansion on records, as the economy continued its recovery from the COVID-19 downturn. Real growth was observed across most sectors of the economy, most significantly in manufacturing; financial and insurance activities; trade; real estate activities; hotels and restaurants; construction; transportation and storage.
2021-06-30
Georgian Economy Rebounds at Record Pace in April
The economy of Georgia surged 44.8 percent year-on-year in April of 2021, following a 4.0 percent increase in the previous month. It was the second straight month of decline in the economy, and the steepest expansion on records, as the economy continued its recovery from the COVID-19 downturn. Real growth was observed in manufacturing; construction; trade; transportation and storage; hotels and restaurants; financial and insurance activities; real estate activities; and professional, scientific, and technical activities. Meanwhile, mining and quarrying activities continued to weigh down the economy.
2021-06-01
Georgia Economy Shrinks 5.1% YoY in February
The economy of Georgia shrank by 5.1 percent year-on-year in February of 2021, following an 11.5 percent drop in January. It was the twelfth straight month of falling economic activity, amid the coronavirus pandemic. Negative contributions came from construction, accommodation service activities, arts, entertainment and recreation, transportation and storage, real estate and manufacturing. On the other hand, growth was recorded for financial and insurance activities, trade, water supply, sewerage, and waste management activities.
2021-03-31

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.