GDP Constant Prices in Georgia increased to 7564.50 GEL Million in the second quarter of 2019 from 6619.60 GEL Million in the first quarter of 2019. GDP Constant Prices in Georgia averaged 12374.01 GEL Million from 1995 until 2019, reaching an all time high of 28432.80 GEL Million in the third quarter of 1996 and a record low of 2765.50 GEL Million in the first quarter of 2003.
GDP Constant Prices in Georgia is expected to be 6759.00 GEL Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate GDP Constant Prices in Georgia to stand at 7928.00 in 12 months time. In the long-term, the Georgia GDP Constant Prices is projected to trend around 8674.00 GEL Million in 2020, according to our econometric models.