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After Strong Growth In 2022, Georgian Economy To Slow In 2023

Country Risk / Georgia / Fri 04 Nov, 2022

Key View

  • At Fitch Solutions, we have raised our Georgian real GDP growth forecast from 7.0% to 9.5% after Q322 GDP figures surprised to the upside.
  • However, in 2023, we expect economic growth in Georgia to slow to 4.5% amid a deterioration in external demand.
  • Although we think private consumption will remain the largest contributor to
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