The stocks of goods held by firms in Georgia increased by 64.80 GEL Million in the third quarter of 2020. source: National Statistics Office of Georgia

Changes in Inventories in Georgia averaged 157.55 GEL Million from 1996 until 2020, reaching an all time high of 637.60 GEL Million in the fourth quarter of 2019 and a record low of -261.70 GEL Million in the second quarter of 2009. This page provides - Georgia Changes in Inventories - actual values, historical data, forecast, chart, statistics, economic calendar and news. Georgia Changes in Inventories - values, historical data and charts - was last updated on January of 2021.

Changes in Inventories in Georgia is expected to be 414.20 GEL Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Changes in Inventories in Georgia to stand at 414.20 in 12 months time. In the long-term, the Georgia Changes in Inventories is projected to trend around 414.20 GEL Million in 2022, according to our econometric models.

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Georgia Changes in Inventories

Actual Previous Highest Lowest Dates Unit Frequency
64.80 344.70 637.60 -261.70 1996 - 2020 GEL Million Quarterly
Current Prices, NSA

Georgia Business Last Previous Highest Lowest Unit
Industrial Production 2.10 -5.30 35.10 -5.30 percent [+]
Manufacturing Production -5.34 8.41 41.30 -5.34 percent [+]
Changes in Inventories 64.80 344.70 637.60 -261.70 GEL Million [+]
Leading Economic Index -7.70 -3.90 8.40 -16.60 percent [+]
Internet Speed 8774.17 8242.93 8774.17 535.00 KBps [+]
IP Addresses 508938.00 489558.00 527752.00 40728.00 IP [+]
Mining Production 8.30 -3.50 119.80 -66.39 percent [+]
Ease of Doing Business 7.00 6.00 24.00 6.00 [+]
Competitiveness Index 60.61 60.88 60.88 3.75 Points [+]
Competitiveness Rank 74.00 66.00 93.00 66.00 [+]
Business Confidence -28.60 -9.90 40.40 -28.60 points [+]
Corruption Index 56.00 58.00 58.00 18.00 Points [+]
Corruption Rank 44.00 41.00 133.00 41.00 [+]


Georgia Changes in Inventories
In Georgia, changes in inventories are often a leading indicator for the overall performance of the economy.