Annual growth of the gross capital formation in Georgia
Georgia: Annual growth of the gross capital formation was 11.1% in 2024. ◆ Volatile
Annual growth of the gross capital formation in Georgia, 2011–2024
Source: United Nations Statistics Division, SDG Global Database. Measured in %.
Analysis
Georgia recorded 11.1% for annual growth of the gross capital formation in 2024.
The figure is down 43.4% on the previous year and down 60.6% over ten years.
Over the whole period, annual growth of the gross capital formation in Georgia peaked at 35.7% in 2022 and was at its lowest, -16.1%, in 2021.
Georgia ranks 31st of 174 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Annual growth of the gross capital formation in Georgia, year by year
| Year | % | Change |
|---|---|---|
| 2011 | 19.1% | — |
| 2012 | 11.2% | -41.7% |
| 2013 | -12.9% | -215.5% |
| 2014 | 28.1% | -318.1% |
| 2015 | 8.4% | -70.2% |
| 2016 | 6.1% | -26.9% |
| 2017 | -7.4% | -221.5% |
| 2018 | 15.3% | -305.5% |
| 2019 | 0.5% | -96.8% |
| 2020 | -15.9% | -3388.6% |
| 2021 | -16.1% | +1.0% |
| 2022 | 35.7% | -322.5% |
| 2023 | 19.5% | -45.3% |
| 2024 | 11.1% | -43.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 7.6% | -12.9% | 28.1% | 9 |
| 2020s | 6.9% | -16.1% | 35.7% | 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)
- Total reserves minus gold (current US$), annual growth rate 33.95 % change on previous year (2025)
- Total reserves minus gold (current US$), per unit of GDP 0.1351 current US$ per US$ of GDP (2025)
- Total reserves minus gold (current US$), per capita 1,310 current US$ per person (2025)
- General government final consumption expenditure (current US$) 19.79 % change on previous year (2025)
- General government final consumption expenditure (current US$), per 0.1385 current US$ per US$ of GDP (2025)
- General government final consumption expenditure (current US$), per 1,342 current US$ per person (2025)
- General government final consumption expenditure (current LCU) 20.73 % change on previous year (2025)
- General government final consumption expenditure (current LCU), per 0.3797 current LCU per US$ of GDP (2025)
Frequently asked questions
- What is annual growth of the gross capital formation in Georgia?
- Annual growth of the gross capital formation in Georgia was 11.1% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest annual growth of the gross capital formation recorded in Georgia?
- The highest recorded value was 35.7% in 2022.
- What is the lowest annual growth of the gross capital formation recorded in Georgia?
- The lowest recorded value was -16.1% in 2021.
- How does Georgia rank for annual growth of the gross capital formation?
- Georgia ranks 31st out of 174 countries with data for 2024.
- Is annual growth of the gross capital formation rising or falling in Georgia?
- Over the last ten years it is down 60.6%. 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 gross capital formation (%). Statizoid updates them automatically from the source API.
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