Georgian Economic Climate (Q3, 2022)

  • According to a survey of Georgian economists, the economic climate in the country in the third quarter of 2022 has improved compared to both: the second quarter of 2022 and the third quarter of 2021.
  • In the third quarter of 2022, the surveyed Georgian economists positively assessed Georgia’s present economic situation. Their assessment of the present economic situation has significantly improved compared to both – the second quarter of 2022, as well as third quarter of 2021 when the assessment of the economic situation of the respective quarter was negative.
  • The surveyed economists’ predictions for Georgia’s economic situation for the next six months were also positive. Though, their expectations have slightly worsened compared to the predictions made for the next six months in the second quarter of 2022, but have significantly improved compared to the third quarter of 2021, when the economists had negative expectations for the next six months of the respective quarter.

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