Georgia: Economic growth, quarterly
* indicates monthly or quarterly data series
| Georgia |
Economic growth, percent change in quarterly real GDP |
|---|---|
| Latest value | 7.47 |
| Reference | Q2 2023 |
| Measure | percent |
| Source | National Statistics Office of Georgia |
The latest data from Q2 2023 show economic growth of 7.47 percent,
which is a decrease from the rate of growth of 7.75 percent in the previous quarter and
an increase compared to the growth rate of 7.17 percent in the same quarter last year.
The economic growth time series for Georgia cover the period from Q1 2004 to Q2 2023.
During that time span, the average growth rate for Georgia was
5.39 percent. The lowest rate of growth of -14.46 percent was recorded in Q2 2020 while the highest growth rate was 28.8 percent in Q2 2021.
See more information about that indicator and compare to other countries on our Economic growth page.
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* indicates monthly or quarterly data series
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Measure: percent
Source: National Statistics Office of Georgia
Source: National Statistics Office of Georgia
Definition: The percent change in the Gross Domestic Product from the same quarter last year using constant prices.