Georgian Economic Climate (Q4, 2020)

In the fourth quarter of 2020, Georgian economic climate did not change significantly, compared to the previous quarter.

In this period, Georgian economists assessed Georgia’s present economic situation negatively. The assessment of present economic situation in this quarter slightly improved compared to the third quarter of 2020, but worsened compared to the fourth quarter of 2019.

In the fourth quarter of 2020, Georgia’s economic situation for the next six months was also assessed negatively by Georgian economists. Furthermore, expectations for the next six months deteriorated slightly compared to both the third quarter of 2020 and the fourth quarter of 2020.