Retail Sales in Georgia rose by 16.8 percent year-on-year in the third quarter of 2022, easing from a 22.6 percent gain in the previous period. It is the slowest expansion in retail activity since the first quarter of 2021. source: National Statistics Office of Georgia

Retail Sales YoY in Georgia averaged 17.71 percent from 2000 until 2022, reaching an all time high of 69.40 percent in the fourth quarter of 2011 and a record low of -14.50 percent in the second quarter of 2020. This page provides - Georgia Retail Sales YoY - actual values, historical data, forecast, chart, statistics, economic calendar and news. Georgia Retail Trade Turnover YoY - data, historical chart, forecasts and calendar of releases - was last updated on February of 2023.

Retail Sales YoY in Georgia is expected to be 20.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Georgia Retail Trade Turnover YoY is projected to trend around 11.00 percent in 2023 and 10.00 percent in 2024, according to our econometric models.

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Georgia Retail Trade Turnover YoY

Calendar GMT Actual Previous Consensus TEForecast
2022-09-02 07:00 AM Q2 22.6% 31% 9%
2022-12-05 07:30 AM Q3 16.8% 22.6% 11%
2023-03-06 09:00 AM Q4 20%

Related Last Previous Unit Reference
Retail Sales YoY 16.80 22.60 percent Sep 2022
Consumer Spending 13278.60 12308.10 GEL Million Sep 2022

Georgia Retail Trade Turnover YoY
In Georgia, the year-over-year change in Retail Trade Turnover compares the aggregated sales of retail goods and services during a certain quarter to the same period a year ago.
Actual Previous Highest Lowest Dates Unit Frequency
16.80 22.60 69.40 -14.50 2000 - 2022 percent Quarterly