Annual Macroeconomic Forecasts 2022–2026 –June 2022
Thursday, 30 June 2022 11:53According to the Parliamentary Budget Office forecast, the Georgian economy will increase by 6.7% in 2022. The real GDP growth forecast (6.7%) in 2022 is 0.7 percentage points (pp) higher compared to the government forecast (6.0%) and differs (1.1 pp higher) from the PBO forecast published in December 2021.
Annual Macroeconomic Forecasts 2022–2025 – December 2021
Thursday, 30 December 2021 21:42According to the Parliamentary Budget Office forecast, the Georgian economy will increase by 5.6% in 2022. The real GDP 2022 growth forecast (5.6%) is 0.4 percentage points (pp) lower compared to the government forecast (6.0%). This forecast doesn't differ from the forecast published in November (5.6%), which predicted the high economic growth of the current year. However, the additional information available over the past month has led the Budget Office to increase the current year's economic growth forecast
Annual Macroeconomic Forecasts 2022-2025 – November 2021
Thursday, 25 November 2021 12:31
According to the Parliamentary Budget Office forecast, the Georgian economy will increase by 5.6% in 2022. The real GDP 2022 growth forecast (5.6%) is 0.4 percentage points (pp) lower compared to the government forecast (6.0%). This forecast doesn't differ from the forecast published in October (5.6%)
Annual Macroeconomic Forecasts 2022-2025-October 2021
Friday, 29 October 2021 12:22
According to the Parliamentary Budget Office forecast, the Georgian economy will increase by 5.6% in 2022. The real GDP 2022 growth forecast (5.6%) is 0.4 percentage points (pp) lower compared to the government forecast (6.0%) and differs (0.1 pp higher) from the PBO forecast of July 2021. As it is known, the negative consequences caused by the new Coronavirus (Covid-19) in the world have affected almost all countries, including Georgia.
Macroeconomic Forecasts - 2022-2025
Wednesday, 30 June 2021 11:09As per the Budget Code, following the delivery of macroeconomic forecasts and information concerning basic directions of Georgia's ministries by the government of Georgia to the parliament, the Parliamentary Budget Office (PBO) is publishing its independent forecasts.
Major dynamics of the forecasted variables are as follows:
• The real GDP growth forecast for 2021 (6.8%) is 0.3 percentage points (pp) higher than the government's economic growth forecast (6.5%) and differs (1.6 pp higher) from the forecast released by the PBO in December 2020. The negative effects caused by the current coronavirus (Covid-19) in the world have acquired a global scale and have affected almost all countries, including Georgia. To make
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