Georgia Capital 3Q23 & 9M23 Performance Overview
REAL GDP UP BY 6.8% IN 9M23, WHILE
INFLATION HAS FALLEN BELOW THE TARGET
PRELIMINARY ECONOMIC GROWTH STANDS AT 6.8% Y-O-Y IN 9M23,
FOLLOWING TWO YEARS OF DOUBLE-DIGIT EXPANSION (10.5% AND 10.1% IN
2021-2022, RESPECTIVELY)
ANNUAL INFLATION STANDING BELOW THE 3% TARGET SINCE APRIL 2023,
WITH SEPTEMBER 2023 INFLATION PRINTED AT 0.7%
12%
10%
8%
6%
4%
2%
0%
-2%
-4%
-6%
-8%
14%
10.5%
10.1%
7.4%
6.4%
4.4%
3.6%
4.8% 4.8% 5.0%
12%
6.8%
10%
5.1%
8%
kan li
3.0% 2.9%
6%
2011
2012
2013
2014
2015
2016
2017
2018
2019
*Preliminary estimate
**Average of IMF forecast for 2024-2028
Georgia Capital PLC | Source: Geostat, IMF, WEO (October 2023)
-6.8%
2020
2021
2022
9M23*
2024-2028**
4.0%
4%
3.1%
2%
6.0%
5.2%
4.9%
2.6%
2.2%
9.6%
11.9%
0.7%
0%
-0.5%
-2%
2013
2014
2015
2016
2017 2018
Headline Inflation
2019 2020
- Target
2021
2022 Sep-23
GEORGIA
CAPITAL
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