GDP From Mining in Georgia decreased to 64.20 GEL Million in the first quarter of 2019 from 76.80 GEL Million in the fourth quarter of 2018. GDP From Mining in Georgia averaged 43.81 GEL Million from 2003 until 2019, reaching an all time high of 80.50 GEL Million in the fourth quarter of 2015 and a record low of 17.30 GEL Million in the first quarter of 2006.
GDP From Mining in Georgia is expected to be 75.65 GEL Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate GDP From Mining in Georgia to stand at 80.03 in 12 months time. In the long-term, the Georgia GDP From Mining and Quarrying is projected to trend around 87.47 GEL Million in 2020, according to our econometric models.