Annual gdp growth in Georgia
Georgia: Annual gdp growth was 7.83 in 2023. ◆ Volatile
Latest (2023)
7.83
Change on year
down 28.6%
World rank
13th
of 211 countries
All-time high
12.58
in 2007
All-time low
-6.29
in 2020
Years of data
24
2000–2023
Annual gdp growth in Georgia, 2000–2023
Source: Our World in Data.
Analysis
The most recent figure for annual gdp growth in Georgia is 7.83, measured in 2023.
That represents a change of down 28.6% on the previous year and up 52.6% over ten years.
Over the whole period, annual gdp growth in Georgia peaked at 12.58 in 2007 and was at its lowest, -6.29, in 2020.
Georgia ranks 13th of 211 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 5.93 | -3.65 | 12.58 | 10 |
| 2010s | 5.34 | 3.35 | 7.93 | 10 |
| 2020s | 5.79 | -6.29 | 10.96 | 4 |
Countries ranked near Georgia
More economy & growth data for Georgia
- External balance on goods and services as a percent of gdp -5.82 (2025)
- Inflation of consumer prices 3.87 (2025)
- Gdp per capita worldbank constant usd 6,877 (2025)
- Manufacturing value added to gdp 7.99 (2025)
- Gdp worldbank constant usd 27.07 billion (2025)
- Gdp per capita in international and market dollars 6,877 (2025)
- DEC alternative conversion factor 2.74 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) 9.75 billion current LCU (2025)
- Net secondary income (Net current transfers from abroad) 3.55 billion current US$ (2025)
- Taxes less subsidies on products 12.84 billion current LCU (2025)
Frequently asked questions
- What is annual gdp growth in Georgia?
- Annual gdp growth in Georgia was 7.83 in 2023, according to Our World in Data.
- What is the highest annual gdp growth recorded in Georgia?
- The highest recorded value was 12.58 in 2007.
- What is the lowest annual gdp growth recorded in Georgia?
- The lowest recorded value was -6.29 in 2020.
- How does Georgia rank for annual gdp growth?
- Georgia ranks 13th out of 211 countries with data for 2023.
- Is annual gdp growth rising or falling in Georgia?
- Over the last ten years it is up 52.6%. The long-run trend across the full record is volatile.
- Where does this Georgia data come from?
- The figures come from Our World in Data, published as part of Annual gdp growth. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 24 observations, free to reuse under CC BY 4.0 (Our World in Data).