Annual growth of exports of goods and services in Georgia
Georgia: Annual growth of exports of goods and services was 5.5% in 2024. ◆ Volatile
Annual growth of exports of goods and services in Georgia, 2011–2024
Source: World Bank – processed by Our World in Data. Measured in %.
Analysis
Georgia recorded 5.5% for annual growth of exports of goods and services in 2024.
The figure is down 42.3% on the previous year and up 391.5% over ten years.
Over the whole period, annual growth of exports of goods and services in Georgia peaked at 37.4% in 2022 and was at its lowest, -37.5%, in 2020.
That places Georgia 68th out of 176 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Annual growth of exports of goods and services in Georgia, year by year
| Year | % | Change |
|---|---|---|
| 2011 | 11.6% | — |
| 2012 | 9.3% | -19.8% |
| 2013 | 15.5% | +65.5% |
| 2014 | -1.9% | -112.2% |
| 2015 | 3.2% | -268.1% |
| 2016 | 4.1% | +29.1% |
| 2017 | 12.3% | +201.5% |
| 2018 | 11.4% | -7.6% |
| 2019 | 10.9% | -3.8% |
| 2020 | -37.5% | -443.5% |
| 2021 | 23.5% | -162.7% |
| 2022 | 37.4% | +59.0% |
| 2023 | 9.5% | -74.6% |
| 2024 | 5.5% | -42.3% |
Georgia compared with similar countries
- Georgia's 5.5% is above the median for upper middle income countries, which is 3.3%, 1.7× the median. (48 countries reporting)
- Georgia's 5.5% is above the median for Europe & Central Asia, which is 0.8%, 6.8× the median. (50 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 8.5% | -1.9% | 15.5% | 9 |
| 2020s | 7.7% | -37.5% | 37.4% | 5 |
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)
- Foreign direct investment, net outflows (BoP, current US$), gaps 266.07 million BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.007 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 67.6 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 1.66 billion BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual 3.27 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0434 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 420.58 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 38.45 % change on previous year (2025)
Frequently asked questions
- What is annual growth of exports of goods and services in Georgia?
- Annual growth of exports of goods and services in Georgia was 5.5% in 2024, according to World Bank – processed by Our World in Data.
- What is the highest annual growth of exports of goods and services recorded in Georgia?
- The highest recorded value was 37.4% in 2022.
- What is the lowest annual growth of exports of goods and services recorded in Georgia?
- The lowest recorded value was -37.5% in 2020.
- How does Georgia rank for annual growth of exports of goods and services?
- Georgia ranks 68th out of 176 countries with data for 2024.
- Is annual growth of exports of goods and services rising or falling in Georgia?
- Over the last ten years it is up 391.5%. The long-run trend across the full record is volatile.
- Where does this Georgia data come from?
- The figures come from World Bank – processed by Our World in Data, published as part of Annual growth of exports of goods and services. Statizoid updates them automatically from the source API.
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About this data
Annual growth of exports of goods and services (%).