In the first quarter of 2015, the nominal GDP increased by 8.3% and real GDP increased by 3.2% compared to the first quarter of 2014.
In this period, total volume of the final consumption expenditures as well as gross capital formation increased (7.9%, 32.1% respectively). Total volume of exports declined in national currency (GEL) by 0.5% and in foreign currency (USD) by 16.0%. Total volume of imports increased in national currency by 12.0%, but declined in foreign currency by 5.4%. This difference can be explained by the depreciation of national currency (18.5%).