Annual growth rate of real GDP per capita (%) in Georgia
Georgia: Annual growth rate of real GDP per capita (%) was 9.7% in 2024. ◆ Volatile
Annual growth rate of real GDP per capita in Georgia, 2000–2024
Source: United Nations Statistics Division, SDG Global Database. Measured in %.
Analysis
The most recent figure for annual growth rate of real gdp per capita in Georgia is 9.7%, measured in 2024.
The figure is up 29.3% on the previous year and up 115.6% over ten years.
Over the whole period, annual growth rate of real gdp per capita in Georgia peaked at 13.4% in 2007 and was at its lowest, -6.3%, in 2020.
That places Georgia 4th out of 228 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 rate of real GDP per capita (%) in Georgia, year by year
| Year | % | Change |
|---|---|---|
| 2000 | 4.8% | — |
| 2001 | 7.8% | +62.5% |
| 2002 | 7.6% | -2.6% |
| 2003 | 12.2% | +60.5% |
| 2004 | 6.6% | -45.9% |
| 2005 | 10.4% | +57.6% |
| 2006 | 10.2% | -1.9% |
| 2007 | 13.4% | +31.4% |
| 2008 | 3.1% | -76.9% |
| 2009 | -3.1% | -200.0% |
| 2010 | 6.9% | -322.6% |
| 2011 | 8.7% | +26.1% |
| 2012 | 7.4% | -14.9% |
| 2013 | 6.0% | -18.9% |
| 2014 | 4.5% | -25.0% |
| 2015 | 3.4% | -24.4% |
| 2016 | 3.4% | +0.0% |
| 2017 | 5.1% | +50.0% |
| 2018 | 6.0% | +17.6% |
| 2019 | 5.3% | -11.7% |
| 2020 | -6.3% | -218.9% |
| 2021 | 10.9% | -273.0% |
| 2022 | 10.8% | -0.9% |
| 2023 | 7.5% | -30.6% |
| 2024 | 9.7% | +29.3% |
Georgia compared with similar countries
- Georgia's 9.7% is above the median for upper middle income countries, which is 2.9%, 3.3× the median. (55 countries reporting)
- Georgia's 9.7% is above the median for Europe & Central Asia, which is 2.2%, 4.3× the median. (52 countries reporting)
Biggest year-on-year movements
Years where Annual growth rate of real GDP per capita (%) in Georgia changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2010 | +322.6% | -3.1% | 6.9% |
| 2021 | +273.0% | -6.3% | 10.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 7.3% | -3.1% | 13.4% | 10 |
| 2010s | 5.7% | 3.4% | 8.7% | 10 |
| 2020s | 6.5% | -6.3% | 10.9% | 5 |
Countries ranked near Georgia
More economy & growth data for Georgia
- Real gdp growth, annual growth rate -22.91 % change on previous year (2025)
- 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)
- SDRs holdings, US dollar, annual growth rate 5.21 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0124 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 120.64 units per person (2025)
- SDRs holdings, SDR, annual growth rate 0.1872 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0091 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 88.09 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate -7.66 % change on previous year (2025)
Frequently asked questions
- What is annual growth rate of real gdp per capita in Georgia?
- Annual growth rate of real gdp per capita in Georgia was 9.7% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest annual growth rate of real gdp per capita recorded in Georgia?
- The highest recorded value was 13.4% in 2007.
- What is the lowest annual growth rate of real gdp per capita recorded in Georgia?
- The lowest recorded value was -6.3% in 2020.
- How does Georgia rank for annual growth rate of real gdp per capita?
- Georgia ranks 4th out of 228 countries with data for 2024.
- Is annual growth rate of real gdp per capita rising or falling in Georgia?
- Over the last ten years it is up 115.6%. 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 rate of real GDP per capita (%). Statizoid updates them automatically from the source API.
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