Consumer Spending in Georgia increased to 7186.80 GEL Million in the fourth quarter of 2018 from 5443.10 GEL Million in the third quarter of 2018. Consumer Spending in Georgia averaged 3087.94 GEL Million from 1996 until 2018, reaching an all time high of 7186.80 GEL Million in the fourth quarter of 2018 and a record low of 970.40 GEL Million in the third quarter of 1996.
Consumer Spending in Georgia is expected to be 6211.00 GEL Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Consumer Spending in Georgia to stand at 5688.00 in 12 months time. In the long-term, the Georgia Consumer Spending is projected to trend around 6200.00 GEL Million in 2020, according to our econometric models.