Gross Fixed Capital Formation in Georgia increased to 3405.70 GEL Million in the fourth quarter of 2020 from 3228.50 GEL Million in the third quarter of 2020. source: National Statistics Office of Georgia

Gross Fixed Capital Formation in Georgia averaged 1282.52 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 April 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.

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Georgia Gross Fixed Capital Formation

Actual Previous Highest Lowest Dates Unit Frequency
3405.70 3228.50 3520.30 151.50 1996 - 2020 GEL Million Quarterly
Current Prices, NSA

Georgia GDP Last Previous Highest Lowest Unit
GDP Annual Growth Rate -6.80 -5.60 13.90 -13.20 percent [+]
GDP 17.74 17.60 17.74 2.51 USD Billion [+]
GDP Constant Prices 10160.30 9783.10 28432.80 2765.50 GEL Million [+]
Gross Fixed Capital Formation 3405.70 3228.50 3520.30 151.50 GEL Million [+]
GDP per capita 4985.80 4734.40 4985.80 1011.20 USD [+]
GDP per capita PPP 15014.30 14257.10 15014.30 3045.00 USD [+]
Gross National Product 12664.20 10627.60 13343.20 1814.90 GEL Million [+]