World Bank projects 4.6% economic growth in Georgia in 2019
The World Bank forecasts 4.6% economic growth in Georgia in 2019, 4.8% in 2020 and 5% in 2021. Photo: Nino Alavidze/Agenda.ge.
Tweet 
Share
The World Bank forecasts 4.6% economic growth in Georgia in 2019, 4.8% in 2020 and 5% in 2021, shows the Europe and Central Asia Economic Update of the World Bank.
As for Georgia’s neighbouring countries, Armenia will experience 4.2% economic growth, Azerbaijan – 3.3% growth, Russia – 1.4% growth and Turkey – 1% growth.
World Bank Data.
Another report of the World Bank which was published in January 2019 said that the Georgian economy would grow 5% in 2019, 5% in 2020 and again 5% in 2021.
Asian Development Bank has also published its economic forecast recently, which said that the Georgian economy will grow by 5% in 2019 and by 4.9% in 2020.
The Georgian economy will grow by 5% in 2019 and by 4.9% in 2020 with higher investment spending, says Asian Development Bank’s flagship economic publication. Inflation is projected to accelerate to 3.2% in 2019 before slowing to 3% in 2020.
Georgia’s economy is growing steadily, show the latest data from the National Statistics Office of Georgia (Geostat).
The World Bank forecasts 5% economic growth in Georgia in 2019, 5% in 2020 and again 5% in 2021, shows the Global Economic Prospects report of the World Bank.Compared to the previous report which was published in June 2018, the World Bank moved its forecast up by 0.8 percentage points for 2018 and by 0.2 percentage points for 2019.
Economic growth in Georgia is projected to reach 4.6% in 2019, says the International Monetary Fund.
Georgia’s economy is growing steadily, show the latest data from the National Statistics Office of Georgia.The estimated real gross domestic product growth rate in March 2019 equalled 6%, while the estimated average real GDP growth for the Q1 equalled 4.7% year-on-year.
Georgia’s economy is growing steadily, show the latest data from the National Statistics Office of Georgia (Geostat). The estimated real gross domestic product (GDP) growth rate in March 2019 equalled 5.1%, while the estimated average real GDP growth for the first four months of 2019 equalled 4.8% year-on-year.
The International Bank for Reconstruction and Development (IBRD) is offering a $62 million loan to help increase the reliability of the electricity supply and prevent outages across the regions of the western Georgia.
The estimated real gross domestic product (GDP) growth rate in May 2019 equalled 4.7%, while the estimated average real GDP growth for the first five months of 2019 equalled 4.9% year-on-year, says the National Statistics Office of Georgia (Geostat).
The national statistics offices of Georgia and Denmark will collaborate in a new project financed by the European Union to “strengthen the capacities of the Georgian statistical system.” The start of the project was was announced on June 24, 2019 at the Holiday Inn hotel in Tbilisi.
Georgian Prime Minister Mamuka Bakhtadze and the World Bank's Regional Director for the South Caucasus Sebastian Molineus spoke of “close cooperation” between the World Bank and the Government of Georgia at a meeting on the sidelines of the 16th Batumi International Conference.
The real gross domestic product (GDP) growth rate in Georgia in the second quarter (Q2) of 2019 came out to 4.5 per cent year on year (y/y) announces the latest data from National Statistics Office of Georgia (Geostat).
The Georgian government places great importance on transforming the country into a transport and logistics hub, Georgian PM Giorgi Gakharia stated at a meeting with World Bank Regional Director Sebastian Molineus.
Georgian GDP has increased 5.8 per cent in August 2019 compared to the same period of last year, show the latest data from the National Statistics Office of Georgia (Geostat).
The World Bank has published a report titled Migration and Brain Drain 2019, in which it touches on economic conditions across the world prompting migration and brain drain.
The real gross domestic product (GDP) growth rate in Georgia in the third quarter (Q3) of 2019 came out to 5.8 per cent year on year (y/y) shows the preliminary data from the National Statistics Office of Georgia (Geostat).
The World Bank is offering $102.7 million to support Georgia’s human capital by helping to enhance the quality of education, announces the World Bank.