Georgian Economic Climate (Q2, 2021)

According to this survey of Georgian economists, the economic climate in the country in the second quarter of 2021 is better than the first quarter of the same year.

Georgian economists’ assessment of the current situation has improved, compared to the previous quarter and corresponding quarter of 2020, but nevertheless remained negative.

The economists’ predictions for Georgia’s economic situation for the next six months were also negative. Their expectations for this period improved though, compared to their predictions in the first quarter of 2021, and were considerably more optimistic than the forecasts they made at the same time last year.