GDP Constant Prices in Georgia decreased to 6619.60 GEL Million in the first quarter of 2019 from 8510.40 GEL Million in the fourth quarter of 2018. GDP Constant Prices in Georgia averaged 12423.59 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 7433.30 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 8867.84 in 12 months time. In the long-term, the Georgia GDP Constant Prices is projected to trend around 9693.20 GEL Million in 2020, according to our econometric models.

Georgia GDP Constant Prices
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Georgia GDP Last Previous Highest Lowest Unit
GDP Annual Growth Rate 4.90 4.50 13.90 -8.70 percent [+]
GDP 16.21 15.08 16.51 2.51 USD Billion [+]
GDP Constant Prices 6619.60 8510.40 28432.80 2765.50 GEL Million [+]
Gross Fixed Capital Formation 2382.30 3292.40 3520.30 151.50 GEL Million [+]
GDP per capita 4469.20 4271.30 4662.90 961.20 USD [+]
GDP per capita PPP 10151.70 9702.20 10151.70 2183.40 USD [+]
Gross National Product 9972.30 9534.60 10283.80 1814.90 GEL Million [+]
GDP From Agriculture 335.40 496.20 549.30 316.90 GEL Million [+]
GDP From Construction 324.40 535.20 594.80 48.60 GEL Million [+]
GDP From Manufacturing 620.00 752.80 752.80 160.10 GEL Million [+]
GDP From Mining 64.20 76.80 80.50 17.30 GEL Million [+]
GDP From Public Administration 529.50 848.30 848.30 212.20 GEL Million [+]
GDP From Services 363.00 545.50 545.50 78.20 GEL Million [+]
GDP From Transport 503.70 573.10 573.10 191.40 GEL Million [+]
GDP From Utilities 191.70 190.00 207.30 64.30 GEL Million [+]


Georgia GDP Constant Prices

This page provides - Georgia GDP Constant Prices - actual values, historical data, forecast, chart, statistics, economic calendar and news. Georgia GDP Constant Prices - actual data, historical chart and calendar of releases - was last updated on July of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
6619.60 8510.40 28432.80 2765.50 1995 - 2019 GEL Million Quarterly
Constant Prices 2010, NSA




Country Last Previous
Turkey 385221092.90 Mar/19
Mexico 18552607.00 Mar/19
South Africa 3133613.50 Mar/19
Indonesia 2625042.10 Mar/19
Canada 2065958.00 Mar/19
Argentina 666751.00 Mar/19
Saudi Arabia 660685.00 Mar/19
France 576535.00 Mar/19
Japan 538161.60 Mar/19
United Kingdom 514019.00 Mar/19
Australia 463907.00 Mar/19
South Korea 455081.00 Mar/19
China 450933.00 Jun/19
Italy 403596.00 Mar/19
Spain 307460.00 Mar/19
Brazil 290915.92 Mar/19
Netherlands 188293.60 Mar/19
Switzerland 176651.74 Mar/19
Singapore 117673.00 Mar/19
India 37198.30 Mar/19
Russia 20201.10 Mar/19
United States 18910.30 Mar/19
Euro Area 2664.10 Mar/19
Germany 747.94 Mar/19


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