ISET

ISET-PI has updated its forecast of Georgia’s real GDP growth rate for the third and fourth quarters of 2019. The highlights of this month’s release are as follows:

ISET-PI’s forecast of real GDP growth for the third quarter (July-September) of 2019 remains at 7.1%, unchanged from last month’s prediction. While, the third estimate for the fourth quarter (October-December) growth forecast stands at 5.5%.

Geostat recently published its preliminary estimate of real GDP growth for August, which currently stands at 5.8%. As a result, the real GDP growth estimate for the first eight months of 2019 was reduced to 5%.

ISET-PI has updated its forecast of Georgia’s real GDP growth rate for the third and fourth quarters of 2019. Here are the highlights of this month’s release:

Recently, Geostat has released the preliminary estimate of real GDP growth for the second quarter of 2019, which now stands at 4.5%. This is only 0.3 percentage points below ISET-PI’s recent forecast.

ISET-PI’s forecast of real GDP growth for the third quarter of 2019 stands at 7.1% — 0.4 percentage points lower than last month’s prediction. The first estimate for the fourth quarter growth forecast stands at 5.5%.

ISET-PI has updated its forecast of Georgia’s real GDP growth rate for the second and third quarters of 2019. Here are the highlights of this month’s release:

ISET-PI’s growth projections for the second and third quarters of 2019 were revised upward by less than 0.1 percentage points. They now stand at 4.8% and 7.5% respectively.

Geostat has increased the estimate of the average real GDP growth for the first quarter of 2019 to 4.9% (by around 0.2 percentage points).

Recently, Geostat published its preliminary estimate of real GDP growth for May 2019, which now stands at 4.7%. Consequently, the estimated real GDP growth for the first five months of 2019 is 4.9%.

Our Partners