Markets Actual Q1/24 Q2/24 Q3/24 Q4/24
Currency 2.63 2.63 2.65 2.66 2.68

Overview Actual Q1/24 Q2/24 Q3/24 Q4/24
GDP Annual Growth Rate (%) 5.70 4.5 4.5 3.5 3
Unemployment Rate (%) 15.30 17.6 18.2 18.5 18
Inflation Rate (%) 0.00 1.2 3.3 4 4.5
Interest Rate (%) 9.00 8.5 8.5 8.5 8
Current Account to GDP (% of GDP) -3.10 -5
Government Debt to GDP (% of GDP) 39.80 39.5
Government Budget (% of GDP) -3.00 -3.5

GDP Actual Q1/24 Q2/24 Q3/24 Q4/24
GDP Annual Growth Rate (%) 5.70 4.5 4.5 3.5 3
GDP Constant Prices (GEL Million) 16528.40 11460 13542 17107 17024
Gross Fixed Capital Formation (GEL Million) 5044.30 4277 4078 5221 5196
GDP from Mining (GEL Million) 188.50 178 170 195 194
GDP from Services (GEL Million) 1712.90 1257 1755 1773 1764
GDP from Public Administration (GEL Million) 822.40 857 865 851 847
GDP from Manufacturing (GEL Million) 832.80 956 1103 862 858
GDP from Agriculture (GEL Million) 911.50 563 945 943 939
GDP from Utilities (GEL Million) 380.20 267 407 394 392
GDP from Construction (GEL Million) 520.10 534 672 538 536
GDP from Transport (GEL Million) 680.50 601 746 704 701
Gross National Product (GEL Million) 19900.00 16302 18810 20597 20497
GDP (USD Billion) 24.78 25.9
GDP per Capita (USD) 5438.60 5683
GDP per Capita PPP (USD) 17078.34 17847
Full Year GDP Growth (%) 7.00 4.5

Labour Actual Q1/24 Q2/24 Q3/24 Q4/24
Unemployment Rate (%) 15.30 17.6 18.2 18.5 18
Population (Million) 3.74 3.62
Youth Unemployment Rate (%) 23.40 32

Prices Actual Q1/24 Q2/24 Q3/24 Q4/24
Inflation Rate (%) 0.00 1.2 3.3 4 4.5
Consumer Price Index CPI (points) 178.20 179 180 184 186
GDP Deflator (points) 103.20 108 108 107 108
Producer Prices (points) 225.50 231 225 227 233
CPI Housing Utilities (points) 96.36 101 104 104 104
CPI Transportation (points) 99.38 99.78 100 101 102
Inflation Rate MoM (%) 0.30 0.4 0.4 0.4 1
Producer Prices Change (%) -0.70 3.9 3.5 4 5
Core Inflation Rate (%) 1.40 1 1.8 1.8 1.8
Food Inflation (%) 1.70 3 3.5 4.2 4

Money Actual Q1/24 Q2/24 Q3/24 Q4/24
Interest Rate (%) 9.00 8.5 8.5 8.5 8
Deposit Interest Rate (%) 11.63 11.13 11.13 11.13 10.63

Trade Actual Q1/24 Q2/24 Q3/24 Q4/24
Exports (USD Million) 338.20 400 400 400 430
Imports (USD Million) 1001.60 1250 1250 1250 1350
Current Account to GDP (% of GDP) -3.10 -5

Business Actual Q1/24 Q2/24 Q3/24 Q4/24
Industrial Production (%) 5.20 6.5 6.5 3.2 3.6
Business Confidence (points) 18.10 16 16 15 12

Consumer Actual Q1/24 Q2/24 Q3/24 Q4/24
Retail Sales YoY (%) 4.30 5.1 5.1 5.1 3.6
Consumer Spending (GEL Million) 13134.60 11804 13300 13594 13529
Consumer Confidence (points) -14.10 -22 -25 -28 -34

Government Actual Q1/24 Q2/24 Q3/24 Q4/24
Government Debt to GDP (% of GDP) 39.80 39.5
Government Budget (% of GDP) -3.00 -3.5