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.