Indexes
July 2014 GDP Forecast | High growth rates are maintained
11
June
2014
ISET PI has updated the forecasts for Georgia’s real GDP growth rates using the May 2014 releases of various economic indicators.
The growth forecast for the 2nd quarter of 2014 has been revised upward from 7.5% to 7.7%.
The growth forecast for the 3rd quarter of 2014 has been revised upward from 7.1% to 7.5%.
Meanwhile, Geostat has released an official quarterly growth GDP rate for the first quarter of 2014 and it is quite impressive 7.1%. (This data is still preliminary and will be revised)
From 2014 we started to draw some conclusions about annual growth rate for year 2014. The methodology that we use and the scenario description are explained in our February and January publications. Given these developments, we expect the annual growth rate in 2014 to be 6.5% at the very least and more likely somewhere around 6.9%.
Recent Publications
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March 2024 | Growth surge or temporary blip? ISET-PI unveils key factors shaping Georgia's economy
25
March
2024
Geostat has released its rapid estimate of real GDP growth for January 2024. The estimated growth stands at 5.8%, while the estimated growth of 2023 reached 7.5%.
February 2024 | Currency gains, trade contraction, and remittance normalization: key drivers of Georgia's revised 2024 GDP forecast
26
February
2024
Geostat has released its rapid estimate of real GDP growth for December 2023. The estimated growth stands at 8.3%, while the average annual real GDP growth reached 7%.
January 2024 | Analyzing economic trends in Georgia: moderate growth in foreign currency deposits, annual decline in exports, remittances adjust for migration impact, below-target inflation
29
January
2024
Geostat has released its rapid estimate of real GDP growth for November 2023. The estimated growth stands at 5.9%, while the average real GDP growth for January-November 2023 reached 6.9%.
December 2023 | Economic momentum revealed: deposits soar, trade increases mostly driven by re-export, and remittances shift – Georgia's GDP growth chronicles
11
January
2024
Geostat has released its rapid estimate of real GDP growth for October 2023. The estimated growth stands at 6.2%, while the average real GDP growth for January- October 2023 reached 6.9%.
November 2023 | Remittances dip as one-time impact expires, money supply sustains growth, marginal contraction in credit expansion, and inflation approaches zero
11
December
2023
Geostat has released its rapid estimate of real GDP growth for September 2023. The estimated growth stands at 5.1%, while the average real GDP growth for January-September 2023 reached 6.8%.
