The economy of Georgia expanded by 8.3 percent year-on-year in October of 2022, easing from a 8.8 percent growth in the previous month. It was the weakest growth in the GDP since June. Positive contributions to the GDP came from construction; transportation and storage; financial and insurance activities; mining and quarrying; hotels and restaurants; arts, entertainment and recreation. Meanwhile, negative contributions to the GDP came from manufacturing and real-estate activities. Considering the first ten months of the year, the economy advanced by 10.0 percent. source: National Statistics Office of Georgia

Monthly GDP YoY in Georgia averaged 4.22 percent from 2012 until 2022, 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 includes a chart with historical data for Georgia Monthly GDP YoY. Georgia Monthly GDP YoY - data, historical chart, forecasts and calendar of releases - was last updated on December of 2022.

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Georgia Monthly GDP YoY

Calendar GMT Actual Previous Consensus TEForecast
2022-10-31 07:00 AM Sep 8.8% 10.5% 12%
2022-11-30 07:00 AM Oct 8.3% 8.8% 7%
2022-12-30 07:00 AM Nov 8.3%

Georgia Monthly GDP YoY
In Georgia, Monthly GDP YoY 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.
Actual Previous Highest Lowest Dates Unit Frequency
8.30 8.80 44.80 -16.60 2012 - 2022 percent Monthly
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