GDP From Services in Georgia decreased to 363 GEL Million in the first quarter of 2019 from 545.50 GEL Million in the fourth quarter of 2018. GDP From Services in Georgia averaged 248.99 GEL Million from 2003 until 2019, reaching an all time high of 545.50 GEL Million in the fourth quarter of 2018 and a record low of 78.20 GEL Million in the first quarter of 2003.

GDP From Services in Georgia is expected to be 393.56 GEL Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate GDP From Services in Georgia to stand at 568.41 in 12 months time. In the long-term, the Georgia GDP From Services is projected to trend around 621.32 GEL Million in 2020, according to our econometric models.

Georgia GDP From Services
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Forecast Data Chart
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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 From Services

Gdp From Services in Georgia includes Real Estate, Renting and Business Industries. This page provides - Georgia Gdp From Services- actual values, historical data, forecast, chart, statistics, economic calendar and news. Georgia GDP From Services - actual data, historical chart and calendar of releases - was last updated on July of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
363.00 545.50 545.50 78.20 2003 - 2019 GEL Million Quarterly
Constant prices 2010, NSA




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Japan 21996.40 Dec/17
Singapore 16799.70 Mar/19
United States 12887.20 Dec/18
Germany 120.42 Mar/19


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