Industrial Production in Georgia increased 13.60 percent in the first quarter of 2021 over the same quarter in the previous year. source: National Statistics Office of Georgia

Industrial Production in Georgia averaged 11.66 percent from 2000 until 2021, reaching an all time high of 35.10 percent in the fourth quarter of 2007 and a record low of -5.30 percent in the second quarter of 2020. This page provides - Georgia Industrial Production - actual values, historical data, forecast, chart, statistics, economic calendar and news. Georgia Industrial Production - data, historical chart, forecasts and calendar of releases - was last updated on July of 2021.

Industrial Production in Georgia is expected to be 4.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Industrial Production in Georgia to stand at 4.00 in 12 months time. In the long-term, the Georgia Industrial Production is projected to trend around 4.00 percent in 2022, according to our econometric models.

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Georgia Industrial Production

Actual Previous Highest Lowest Dates Unit Frequency
13.60 5.80 35.10 -5.30 2000 - 2021 percent Quarterly

Calendar GMT Actual Previous Consensus TEForecast
2020-09-03 07:00 AM Q2 -5.3% 8.4% -5.5%
2020-12-04 07:00 AM Q3 2.1%% -5.3% 9.5%
2021-03-05 07:00 AM Q4 5.8% 2.1% 1.5%
2021-06-04 07:00 AM Q1 13.6% 5.8% 4%
2021-09-03 07:00 AM Q2 13.6%
2021-12-04 07:00 AM Q3

Georgia Industrial Production
In Georgia, industrial production measures the output of businesses integrated in industrial sector of the economy such as manufacturing, mining, and utilities.