GDP Constant Prices in Georgia increased to 10160.30 GEL Million in the fourth quarter of 2020 from 9783.10 GEL Million in the third quarter of 2020. source: National Statistics Office of Georgia

GDP Constant Prices in Georgia averaged 12936.46 GEL Million from 1995 until 2020, reaching an all time high of 28432.80 GEL Million in the third quarter of 1996 and a record low of 2765.50 GEL Million in the first quarter of 2003. This page provides - Georgia GDP Constant Prices - actual values, historical data, forecast, chart, statistics, economic calendar and news. Georgia GDP Constant Prices - values, historical data and charts - was last updated on May of 2021.

GDP Constant Prices in Georgia is expected to be 8901.00 GEL Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate GDP Constant Prices in Georgia to stand at 10077.00 in 12 months time. In the long-term, the Georgia GDP Constant Prices is projected to trend around 10530.00 GEL Million in 2022 and 11004.00 GEL Million in 2023, according to our econometric models.

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Georgia GDP Constant Prices

Actual Previous Highest Lowest Dates Unit Frequency
10160.30 9783.10 28432.80 2765.50 1995 - 2020 GEL Million Quarterly
Constant Prices 2010, 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 [+]