Annual growth of the general government final consumption expenditure in Georgia
Georgia: Annual growth of the general government final consumption expenditure was 22.9% in 2024. ◆ Volatile
Annual growth of the general government final consumption expenditure in Georgia, 2011–2024
Source: United Nations Statistics Division, SDG Global Database.
Analysis
In 2024, annual growth of the general government final consumption expenditure in Georgia stood at 22.9%. That is the highest value across all 14 years on record.
The figure is up 204.7% on the previous year and up 263.4% over ten years.
Over the whole period, annual growth of the general government final consumption expenditure in Georgia peaked at 22.9% in 2024 and was at its lowest, -9.5%, in 2011.
That places Georgia 3rd out of 181 countries with data for 2024, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Annual growth of the general government final consumption expenditure in Georgia, year by year
| Year | Value | Change |
|---|---|---|
| 2011 | -9.5% | — |
| 2012 | -0.8% | -91.8% |
| 2013 | 6.5% | -929.1% |
| 2014 | 6.3% | -3.5% |
| 2015 | 0.4% | -94.3% |
| 2016 | 6.0% | +1560.9% |
| 2017 | 0.3% | -95.6% |
| 2018 | 0.2% | -5.0% |
| 2019 | 2.6% | +935.5% |
| 2020 | 6.6% | +155.2% |
| 2021 | 7.1% | +7.4% |
| 2022 | -0.8% | -111.4% |
| 2023 | 7.5% | -1023.8% |
| 2024 | 22.9% | +204.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 1.3% | -9.5% | 6.5% | 9 |
| 2020s | 8.6% | -0.8% | 22.9% | 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 the general government final consumption expenditure in Georgia?
- Annual growth of the general government final consumption expenditure in Georgia was 22.9% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest annual growth of the general government final consumption expenditure recorded in Georgia?
- The highest recorded value was 22.9% in 2024.
- What is the lowest annual growth of the general government final consumption expenditure recorded in Georgia?
- The lowest recorded value was -9.5% in 2011.
- How does Georgia rank for annual growth of the general government final consumption expenditure?
- Georgia ranks 3rd out of 181 countries with data for 2024.
- Is annual growth of the general government final consumption expenditure rising or falling in Georgia?
- Over the last ten years it is up 263.4%. The long-run trend across the full record is volatile.
- Where does this Georgia data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Annual growth of the general government final consumption expenditure (%). Statizoid updates them automatically from the source API.
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