Gross Fixed Capital Formation in Georgia increased to 3228.50 GEL Million in the third quarter of 2020 from 2805 GEL Million in the second quarter of 2020. source: National Statistics Office of Georgia
Gross Fixed Capital Formation in Georgia averaged 1261.07 GEL Million from 1996 until 2020, 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. This page provides - Georgia Gross Fixed Capital Formation - actual values, historical data, forecast, chart, statistics, economic calendar and news. Georgia Gross Fixed Capital Formation - values, historical data and charts - was last updated on January of 2021.
Gross Fixed Capital Formation in Georgia is expected to be 2363.00 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 3325.00 in 12 months time. In the long-term, the Georgia Gross Fixed Capital Formation is projected to trend around 3475.00 GEL Million in 2022 and 3631.00 GEL Million in 2023, according to our econometric models.