Gross National Product in Georgia increased to 12664.20 GEL Million in the third quarter of 2020 from 10627.60 GEL Million in the second quarter of 2020. source: National Statistics Office of Georgia

Gross National Product in Georgia averaged 6479.44 GEL Million from 2003 until 2020, 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 May of 2021.

Gross National Product in Georgia is expected to be 10430.00 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 10907.00 in 12 months time. In the long-term, the Georgia Gross National Product is projected to trend around 11397.00 GEL Million in 2022 and 11910.00 GEL Million in 2023, according to our econometric models.

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Georgia Gross National Product

Actual Previous Highest Lowest Dates Unit Frequency
12664.20 10627.60 13343.20 1814.90 2003 - 2020 GEL Million Quarterly

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 [+]