Gross Fixed Capital Formation in Georgia decreased to 3003.20 GEL Million in the first quarter of 2021 from 3405.70 GEL Million in the fourth quarter of 2020. source: National Statistics Office of Georgia
Gross Fixed Capital Formation in Georgia averaged 1299.56 GEL Million from 1996 until 2021, reaching an all time high of 3520.30 GEL Million in the fourth quarter of 2017 and a record low of 151.50 GEL Million in the first quarter of 1996. This page provides - Georgia Gross Fixed Capital Formation - actual values, historical data, forecast, chart, statistics, economic calendar and news. Georgia Gross Fixed Capital Formation - values, historical data and charts - was last updated on August of 2021.
Gross Fixed Capital Formation in Georgia is expected to be 3057.00 GEL Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Gross Fixed Capital Formation in Georgia to stand at 3525.00 in 12 months time. In the long-term, the Georgia Gross Fixed Capital Formation is projected to trend around 3666.00 GEL Million in 2022 and 3831.00 GEL Million in 2023, according to our econometric models.