Inflation in Georgia
Consumer price inflation in Georgia averaged 4.9% in the ten years to 2022, below the Eastern Europe regional average of 7.7%. The 2022 average figure was 11.9%. For more inflation information, visit our dedicated page.
Georgia Inflation Chart
Note: This chart displays Inflation Rate (CPI, annual variation in %) for Georgia from 2022 to 2015.
Source: Macrobond.
Georgia Inflation Data
| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Inflation (CPI, ann. var. %, aop) | 4.9 | 5.2 | 9.6 | 11.9 | 2.5 |
How should you choose a forecaster if some are too optimistic while others are too pessimistic? FocusEconomics collects Gerogian inflation projections for the next ten years from a panel of 11 analysts at the leading national, regional and global forecast institutions. These projections are then validated by our in-house team of economists and data analysts and averaged to provide one Consensus Forecast you can rely on for each indicator. By averaging all forecasts, upside and downside forecasting errors tend to cancel each other out, leading to the most reliable inflation forecast available for Gerogian inflation.
Download one of our sample reports to visualize what a Consensus Forecast is and see our Gerogian inflation projections.
Want to get access to the full dataset of Gerogian inflation forecasts? Send an email to info@focus-economics.com.