Consumer Spending in Georgia decreased to 8461.60 GEL Million in the first quarter of 2021 from 10783.10 GEL Million in the fourth quarter of 2020. source: National Statistics Office of Georgia

Consumer Spending in Georgia averaged 3596.37 GEL Million from 1996 until 2021, reaching an all time high of 10783.10 GEL Million in the fourth quarter of 2020 and a record low of 970.40 GEL Million in the third quarter of 1996. This page provides - Georgia Consumer Spending - actual values, historical data, forecast, chart, statistics, economic calendar and news. Georgia Consumer Spending - values, historical data and charts - was last updated on August of 2021.

Consumer Spending in Georgia is expected to be 8598.00 GEL Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Consumer Spending in Georgia to stand at 11161.00 in 12 months time. In the long-term, the Georgia Consumer Spending is projected to trend around 11606.00 GEL Million in 2022 and 12129.00 GEL Million in 2023, according to our econometric models.

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Georgia Consumer Spending

Actual Previous Highest Lowest Dates Unit Frequency
8461.60 10783.10 10783.10 970.40 1996 - 2021 GEL Million Quarterly
Current Prices, NSA

Georgia Consumer Last Previous Highest Lowest Unit
Retail Sales YoY 11.30 -5.70 82.50 -21.90 percent [+]
Consumer Spending 8461.60 10783.10 10783.10 970.40 GEL Million [+]
Consumer Confidence -33.20 -38.20 -1.40 -48.30 points [+]