Gross National Product in Georgia increased to 9972.30 GEL Million in the third quarter of 2018 from 9534.60 GEL Million in the second quarter of 2018. Gross National Product in Georgia averaged 5558.17 GEL Million from 2003 until 2018, reaching an all time high of 10283.80 GEL Million in the fourth quarter of 2017 and a record low of 1814.90 GEL Million in the first quarter of 2003.

Gross National Product in Georgia is expected to be 8926.00 GEL Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Gross National Product in Georgia to stand at 9967.00 in 12 months time. In the long-term, the Georgia Gross National Product is projected to trend around 10864.00 GEL Million in 2020, according to our econometric models.

Georgia Gross National Product
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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 Gross National Product

This page provides - Georgia Gross National Product- actual values, historical data, forecast, chart, statistics, economic calendar and news. Georgia Gross National Product - actual data, historical chart and calendar of releases - was last updated on July of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
9972.30 9534.60 10283.80 1814.90 2003 - 2018 GEL Million Quarterly




Country Last Previous
Australia 458418.00 Mar/19
Brazil 1676582.03 Mar/19
Canada 2220740.00 Mar/19
China 896915.60 Dec/18
Germany 879.53 Mar/19
India 13954956.00 Dec/18
Japan 560558.10 Mar/19
Netherlands 178073.28 Mar/19
Singapore 454012.90 Dec/18
South Africa 3109703.00 Mar/19
South Korea 435887.50 Mar/19
United Kingdom 537794.00 Mar/19
United States 19156.23 Mar/19


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