Gross National Product in Georgia decreased to 10819.80 GEL Million in the first quarter of 2021 from 13172 GEL Million in the fourth quarter of 2020. source: National Statistics Office of Georgia

Gross National Product in Georgia averaged 6630.58 GEL Million from 2003 until 2021, reaching an all time high of 13343.20 GEL Million in the fourth quarter of 2019 and a record low of 1814.90 GEL Million in the first quarter of 2003. This page provides - Georgia Gross National Product- actual values, historical data, forecast, chart, statistics, economic calendar and news. Georgia Gross National Product - values, historical data and charts - was last updated on July of 2021.

Gross National Product in Georgia is expected to be 13209.00 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 11198.00 in 12 months time. In the long-term, the Georgia Gross National Product is projected to trend around 14178.00 GEL Million in 2022 and 14816.00 GEL Million in 2023, according to our econometric models.

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Georgia Gross National Product

Actual Previous Highest Lowest Dates Unit Frequency
10819.80 13172.00 13343.20 1814.90 2003 - 2021 GEL Million Quarterly

Georgia GDP Last Previous Highest Lowest Unit
GDP Annual Growth Rate -4.50 -6.80 13.90 -13.20 percent [+]
GDP 15.89 17.48 17.63 2.51 USD Billion [+]
GDP Constant Prices 8662.40 10160.30 28432.80 2765.50 GEL Million [+]
Gross Fixed Capital Formation 3003.20 3405.70 3520.30 151.50 GEL Million [+]
GDP per capita 4678.66 4977.51 4977.51 1011.17 USD [+]
GDP per capita PPP 14089.30 14989.26 14989.26 3045.04 USD [+]
Gross National Product 10819.80 13172.00 13343.20 1814.90 GEL Million [+]