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3.0 Macro Economy
Georgia - Main Macro 2017 2018 2019 Q1 20* Q2 20* Q3 20* Q4 20* 2020* 2021* Indicators
GDP real growth (y/y, %)
4.8 4.8 5.0 2.3 -13.2 -5.6 -6.8 -6.2 -4.5
GDP per capita (at current 4,358.5 4,722.0 4,696.2 1,016.3 952.9 1,156.2 1,144.1 4,274.6 912.5 prices), USD
GDP per capita (at current prices), GEL
10,934 11,968 13,239 2,974.3 2,999.2 3,586.7 3,741.6 13,292.7 3,024.1
GDP at current prices, (USD bn)
16.2 17.6 17.5 3.8 3.5 4.3 4.3 15.9 3.4
GDP at current prices, (GEL bn)
40.8 44.6 50.0 11.1 11.1 13.3 13.9 49.4 11.3
GDP deflator (y/y, %)
8.5 4.4 6.6 7.1 7.2 5.9 7.4 6.9 6.8
Source: Geostat
14 GEORGIA Country Report August 2021 www.intellinews.com