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Georgia - Main Macro 2018 2019 Q1 20* Q2 20* Indicators
Q3 20*
Q4 20*
2020* Q1 Q2
2021* 2021*
GDP real growth (y/y, %)
4.8 5.0 2.3 -13.2 -5.6 -6.8 -6.2 -4.5 29.9
GDP per capita (at current 4,722.0 4,696.2 1,016.3 952.9 1,156.2 1,144.1 4,274.6 912.5 1,282.7 prices), USD
GDP per capita (at current prices), GEL
11,968 13,239 2,974.3 2,999.2 3,586.7 3,741.6 13,292.7 3,024.1 4,267.8
GDP at current prices, (USD bn)
17.6 17.5 3.8 3.5 4.3 4.3 15.9 3.4 4.8
GDP at current prices, (GEL bn)
44.6 50.0 11.1 11.1 13.3 13.9 49.4 11.3 15.9
GDP deflator (y/y, %)
4.4 6.6 7.1 7.2 5.9 7.4 6.9 6.8 10.3
Source: Geostat
3.1 Macroeconomic overview
Georgia’s annual GDP growth eases to 6.9% in October
The economic growth of Georgia remained steady at 6.9% in October, at the same level as in September, according to the flash estimates released by the statistics office Geostat.
For the first 10 months of the year, Geostat estimates an average growth rate
13 GEORGIA Country Report December 2021 www.intellinews.com