Adjusted savings: net national savings in Georgia
Georgia: Adjusted savings: net national savings was -2.9% in 2021. ◆ Volatile
Adjusted savings: net national savings in Georgia, 1997–2021
Source: Staff estimates, World Bank (WB). Measured in % of GNI.
Analysis
The most recent figure for adjusted savings: net national savings in Georgia is -2.9%, measured in 2021.
The figure is down 153.6% on the previous year and down 11.8% over ten years.
Over the whole period, adjusted savings: net national savings in Georgia peaked at 7.7% in 2004 and was at its lowest, -13.2%, in 1997.
That places Georgia 160th out of 177 countries with data for 2021, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Adjusted savings: net national savings in Georgia, year by year
| Year | % of GNI | Change |
|---|---|---|
| 1997 | -13.2% | — |
| 1998 | 2.3% | -117.1% |
| 1999 | 5.3% | +135.8% |
| 2000 | -3.2% | -160.9% |
| 2001 | 4.8% | -248.2% |
| 2002 | 5.3% | +10.0% |
| 2003 | 2.3% | -56.8% |
| 2004 | 7.7% | +238.7% |
| 2005 | 6.2% | -19.2% |
| 2006 | -1.0% | -116.6% |
| 2007 | -1.7% | +61.2% |
| 2008 | -9.5% | +469.0% |
| 2009 | -12.3% | +29.5% |
| 2010 | -2.7% | -77.9% |
| 2011 | -2.6% | -4.0% |
| 2012 | 1.4% | -152.4% |
| 2013 | 2.3% | +66.9% |
| 2014 | 2.2% | -5.2% |
| 2015 | 0.1% | -93.2% |
| 2016 | 3.1% | +2027.7% |
| 2017 | 5.3% | +66.8% |
| 2018 | 7.7% | +46.6% |
| 2019 | 5.9% | -23.4% |
| 2020 | -1.2% | -119.5% |
| 2021 | -2.9% | +153.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | -1.9% | -13.2% | 5.3% | 3 |
| 2000s | -0.1% | -12.3% | 7.7% | 10 |
| 2010s | 2.3% | -2.7% | 7.7% | 10 |
| 2020s | -2.0% | -2.9% | -1.2% | 2 |
Countries ranked near Georgia
More economy & growth data for Georgia
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 5.32 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 5 Percent per annum (2029)
- Households and NPISHs Final consumption expenditure (current LCU) 12.86 % change on previous year (2025)
- Households and NPISHs Final consumption expenditure (current LCU) 1.94 current LCU per US$ of GDP (2025)
- Households and NPISHs Final consumption expenditure (current LCU) 18,787 current LCU per person (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 8.63 % change on previous year (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 0.5279 constant 2015 US$ per US$ of GDP (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 5,116 constant 2015 US$ per person (2025)
- Final consumption expenditure (current US$), annual growth rate 13.19 % change on previous year (2025)
- Final consumption expenditure (current US$), per unit of GDP 0.8454 current US$ per US$ of GDP (2025)
Frequently asked questions
- What is adjusted savings: net national savings in Georgia?
- Adjusted savings: net national savings in Georgia was -2.9% in 2021, according to Staff estimates, World Bank (WB).
- What is the highest adjusted savings: net national savings recorded in Georgia?
- The highest recorded value was 7.7% in 2004.
- What is the lowest adjusted savings: net national savings recorded in Georgia?
- The lowest recorded value was -13.2% in 1997.
- How does Georgia rank for adjusted savings: net national savings?
- Georgia ranks 160th out of 177 countries with data for 2021.
- Is adjusted savings: net national savings rising or falling in Georgia?
- Over the last ten years it is down 11.8%. The long-run trend across the full record is volatile.
- Where does this Georgia data come from?
- The figures come from Staff estimates, World Bank (WB), published as part of Adjusted savings: net national savings (% of GNI). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 25 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Net national savings are equal to gross national savings less the value of consumption of fixed capital. This indicator is expressed as a percentage of Gross National Income (GNI) which is the total income earned by all residents within an economic territory during an accounting period. It is equal to gross domestic product plus earned income receivable from abroad minus earned income payable abroad.