Gross Fixed Capital Formation in Georgia increased to 3215.30 GEL Million in the third quarter of 2019 from 3212.70 GEL Million in the second quarter of 2019. Gross Fixed Capital Formation in Georgia averaged 1193.45 GEL Million from 1996 until 2019, reaching an all time high of 3520.30 GEL Million in the fourth quarter of 2017 and a record low of 151.50 GEL Million in the first quarter of 1996.

Gross Fixed Capital Formation in Georgia is expected to be 2432.00 GEL Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Gross Fixed Capital Formation in Georgia to stand at 3367.00 in 12 months time. In the long-term, the Georgia Gross Fixed Capital Formation is projected to trend around 3684.00 GEL Million in 2020, according to our econometric models.

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Georgia Gross Fixed Capital Formation

Actual Previous Highest Lowest Dates Unit Frequency
3215.30 3212.70 3520.30 151.50 1996 - 2019 GEL Million Quarterly
Current Prices, NSA

Georgia GDP Last Previous Highest Lowest Unit
GDP Annual Growth Rate 5.80 4.60 13.90 -8.70 percent [+]
GDP 16.21 15.08 16.51 2.51 USD Billion [+]
GDP Constant Prices 7564.50 6619.60 28432.80 2765.50 GEL Million [+]
Gross Fixed Capital Formation 3215.30 3212.70 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 10589.00 9458.20 11077.90 1814.90 GEL Million [+]
GDP From Agriculture 463.70 335.40 549.30 316.90 GEL Million [+]
GDP From Construction 423.40 324.40 594.80 48.60 GEL Million [+]
GDP From Manufacturing 595.90 620.00 752.80 160.10 GEL Million [+]
GDP From Mining 68.10 64.20 80.50 17.30 GEL Million [+]
GDP From Public Administration 857.90 529.50 857.90 212.20 GEL Million [+]
GDP From Services 448.10 363.00 545.50 78.20 GEL Million [+]
GDP From Transport 592.20 503.70 592.20 191.40 GEL Million [+]
GDP From Utilities 166.50 191.70 207.30 64.30 GEL Million [+]