The World Bank forecasts 4.6% economic growth in Georgia in 2019, which is lower than earlier forecasted rate of 5%, 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.
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.
