Georgia’s economy is growing steadily, show the preliminary data from the National Statistics Office of Georgia (Geostat). The estimated real gross domestic product (GDP) growth rate in January 2019 equaled 3.5% year-on-year (y/y).
Growth was 1 percent slower than the target rate of 4.5 percent set by the 2019 state budget.
Today IMF has downgraded Georgia's economic growth forecast to 4.6 percent, lower than 4.78 percent that was projected in October 2018.
