Georgia GDP Annual Growth Rate 2006-2015 | Data | Chart | Calendar

The Gross Domestic Product (GDP) in Georgia is expected to expand 2.10 percent in the second quarter of 2015 over the same quarter of the previous year. GDP Annual Growth Rate in Georgia averaged 4.29 percent from 2006 until 2015, reaching an all time high of 12.30 percent in the fourth quarter of 2007 and a record low of -9 percent in the second quarter of 2009. GDP Annual Growth Rate in Georgia is reported by the National Statistics Office of Georgia.

Georgia GDP Annual Growth Rate
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Actual Previous Highest Lowest Dates Unit Frequency
2.10 3.20 12.30 -9.00 2006 - 2015 percent Quarterly
Georgia's most important sectors of the economy are agriculture, mining (manganese and copper) and manufacturing. Since the change of the government in 2003, the country has embarked on reforms towards liberalization of the economy. As a result, in recent years Georgia’s economy has been steady growing. Due to strained relations with Russia arising from the 2008 war, Georgia has invested in energy independence by focusing on hydropower. Georgia is also attempting to use its key geographical location to become a logistics hub. This page provides - Georgia GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Content for - Georgia GDP Annual Growth Rate - was last refreshed on Wednesday, September 2, 2015.


Calendar GMT Reference Actual Previous Consensus Forecast (i)
2014-12-19 09:00 AM Q3 5.6% 5.2% 8.62%
2015-03-20 09:35 AM Q4 1.8% 5.6% 6.3%
2015-05-01 10:40 AM Q1 3.2% 1.8% 2.65%
2015-09-18 10:10 AM Q2 2.1%
2015-12-19 09:40 AM Q3 2.23%

Georgia GDP Last Previous Highest Lowest Unit
GDP 16.52 16.14 16.52 2.51 USD Billion [+]
GDP Annual Growth Rate 2.10 3.20 12.30 -9.00 percent [+]
GDP Constant Prices 3615.30 4318.80 28432.80 1806.60 GEL Million [+]
GDP per capita 2254.38 2159.92 3315.06 679.78 USD [+]
Gross Fixed Capital Formation 1623.40 2304.20 2304.20 151.50 GEL Million [+]
GDP per capita PPP 7233.37 6930.29 8018.29 2181.12 USD [+]
Gdp From Agriculture 342.20 438.30 454.80 286.50 GEL Million [+]
Gdp From Construction 331.20 224.90 356.20 63.70 GEL Million [+]
Gdp From Manufacturing 361.00 592.00 635.50 116.50 GEL Million [+]
Gdp From Mining 27.20 35.10 35.10 9.80 GEL Million [+]
Gdp From Public Administration 101.20 128.50 128.50 45.50 GEL Million [+]
Gdp From Services 134.60 216.80 216.80 41.10 GEL Million [+]
Gdp From Transport 437.00 397.60 438.80 190.70 GEL Million [+]
Gdp From Utilities 133.10 121.90 149.30 58.40 GEL Million [+]
Gross National Product 6758.20 8272.30 8272.30 1814.90 GEL Million [+]


GDP Annual Growth Rate Reference Previous Highest Lowest Unit
Australia 2.00 Jun/15 2.30 9.00 -3.40 percent [+]
Brazil -2.60 Jun/15 -1.60 10.10 -3.15 percent [+]
Canada 1.00 Jun/15 2.00 8.80 -3.90 percent [+]
China 7.00 Jun/15 7.00 14.20 3.80 percent [+]
Euro Area 1.20 Jun/15 1.00 5.00 -5.60 percent [+]
France 1.00 Jun/15 0.82 12.50 -3.95 percent [+]
Germany 1.60 Jun/15 1.20 6.00 -7.90 percent [+]
India 7.00 Jun/15 7.50 11.40 -5.20 percent [+]
Indonesia 4.67 Jun/15 4.71 7.16 1.56 percent [+]
Italy 0.70 Jun/15 0.20 10.30 -7.20 percent [+]
Japan 0.70 Jun/15 -1.00 9.40 -9.40 percent [+]
Mexico 2.20 Jun/15 2.50 8.50 -8.10 percent [+]
Netherlands 1.60 Jun/15 2.50 5.80 -4.40 percent [+]
Russia -4.60 Jun/15 -2.20 12.10 -11.20 percent [+]
South Korea 2.20 Jun/15 2.50 18.20 -7.30 percent [+]
Spain 3.10 Jun/15 2.70 5.60 -4.30 percent [+]
Switzerland 1.20 Jun/15 1.20 5.40 -3.60 percent [+]
Turkey 2.30 Mar/15 2.60 12.60 -14.70 percent [+]
United Kingdom 2.60 Jun/15 2.90 9.80 -5.80 percent [+]
United States 2.70 Jun/15 2.90 13.40 -4.10 percent [+]