The stocks of goods held by firms in Georgia increased by 339.50 GEL Million in the third quarter of 2019.

Changes in Inventories in Georgia averaged 149.64 GEL Million from 1996 until 2019, reaching an all time high of 512 GEL Million in the fourth quarter of 2017 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.

Changes in Inventories in Georgia is expected to be 236.60 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 2020, according to our econometric models.

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Georgia Changes in Inventories

Actual Previous Highest Lowest Dates Unit Frequency
339.50 327.20 512.00 -261.70 1996 - 2019 GEL Million Quarterly
Current Prices, NSA

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