Page 13 - GEORptMay20
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a positive attitude.
The Georgian Dream party firmly rejected the outcome of the poll.
NDI surveys are funded by with aid from the UK government. The survey was conducted by CRRC-Georgia from November 19 to December 13. The average margin of error was +/- 1.9%.
3.0 Macro Economy
Georgia - Main Macro Indicators 2015 2016 2017 2018 2019*
GDP real growth (y/y, %)
3.0 2.6 4.8 4.8 5.1
GDP per capita (at current prices), 4,012.6 4,062.1 4,358.5 4,722.0 4,763.5 USD
GDP per capita (at current prices), GEL
9,109.4 9,613.9 10,933.9 11,968.0 13,428.9
GDP at current prices, (USD bn)
14.9 15.1 16.2 17.6 17.7
GDP at current prices, (GEL bn)
33.9 35.8 40.8 44.6 50.0
GDP deflator (y/y, %)
5.8 2.6 8.5 4.4 6.6
Source: Geostat
3.1 Macroeconomic overview
Georgia announces $1.1bn anti-crisis package
Georgian Prime Minister Giorgi Gakharia on April 24 unveiled a Georgian lari (GEL) 3.5bn ($1.1bn, equivalent to 7% of GDP) anti-crisis plan to mitigate the economic and social effects of the coronavirus (COVID-19) outbreak.
"For now, the country will spend GEL3.5bn on managing the crisis, of which GEL1.035bn will be directed at social support of citizens, GEL2.11bn will be directed at the economy and entrepreneurs, while GEL350mn will be spent on
13 GEORGIA Country Report May 2020 www.intellinews.com
