Annual Purchasing Power: Purchasing Power Parities for GDP in Georgia
Georgia: Annual Purchasing Power: Purchasing Power Parities for GDP was 0.889 National currency per US dollar in 2024. ▲ Rising
Annual Purchasing Power Parities and exchange rates — Purchasing in Georgia, 1990–2024
Source: Organisation for Economic Co-operation and Development. Measured in National currency per US dollar.
Analysis
In 2024, annual purchasing power parities and exchange rates — purchasing in Georgia stood at 0.889 National currency per US dollar. That is the highest value across all 35 years on record.
The figure is up 2.4% on the previous year and up 22.7% over ten years.
Over the whole period, annual purchasing power parities and exchange rates — purchasing in Georgia peaked at 0.889 National currency per US dollar in 2024 and was at its lowest, 0 National currency per US dollar, in 1990.
That places Georgia 37th out of 53 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 35 years of available data.
Annual Purchasing Power: Purchasing Power Parities for GDP in Georgia, year by year
| Year | National currency per US dollar | Change |
|---|---|---|
| 1990 | 0 National currency per US dollar | — |
| 1991 | 0 National currency per US dollar | +0.0% |
| 1992 | 0 National currency per US dollar | +1100.0% |
| 1993 | 0.0018 National currency per US dollar | +14775.0% |
| 1994 | 0.1073 National currency per US dollar | +5912.7% |
| 1995 | 0.2762 National currency per US dollar | +157.3% |
| 1996 | 0.3879 National currency per US dollar | +40.5% |
| 1997 | 0.4063 National currency per US dollar | +4.7% |
| 1998 | 0.4297 National currency per US dollar | +5.8% |
| 1999 | 0.4649 National currency per US dollar | +8.2% |
| 2000 | 0.4758 National currency per US dollar | +2.4% |
| 2001 | 0.4904 National currency per US dollar | +3.1% |
| 2002 | 0.5115 National currency per US dollar | +4.3% |
| 2003 | 0.5187 National currency per US dollar | +1.4% |
| 2004 | 0.5478 National currency per US dollar | +5.6% |
| 2005 | 0.5732 National currency per US dollar | +4.7% |
| 2006 | 0.6031 National currency per US dollar | +5.2% |
| 2007 | 0.6428 National currency per US dollar | +6.6% |
| 2008 | 0.6911 National currency per US dollar | +7.5% |
| 2009 | 0.6722 National currency per US dollar | -2.7% |
| 2010 | 0.7585 National currency per US dollar | +12.8% |
| 2011 | 0.8113 National currency per US dollar | +7.0% |
| 2012 | 0.7437 National currency per US dollar | -8.3% |
| 2013 | 0.7259 National currency per US dollar | -2.4% |
| 2014 | 0.7246 National currency per US dollar | -0.2% |
| 2015 | 0.7558 National currency per US dollar | +4.3% |
| 2016 | 0.7506 National currency per US dollar | -0.7% |
| 2017 | 0.8083 National currency per US dollar | +7.7% |
| 2018 | 0.8105 National currency per US dollar | +0.3% |
| 2019 | 0.797 National currency per US dollar | -1.7% |
| 2020 | 0.7965 National currency per US dollar | -0.1% |
| 2021 | 0.8656 National currency per US dollar | +8.7% |
| 2022 | 0.8738 National currency per US dollar | +0.9% |
| 2023 | 0.8683 National currency per US dollar | -0.6% |
| 2024 | 0.889 National currency per US dollar | +2.4% |
Georgia compared with similar countries
- Georgia's 0.889 National currency per US dollar is below the median for upper middle income countries, which is 20.71 National currency per US dollar, 4% of the median. (13 countries reporting)
- Georgia's 0.889 National currency per US dollar is above the median for Europe & Central Asia, which is 0.8607 National currency per US dollar, 1.0× the median. (28 countries reporting)
Biggest year-on-year movements
Years where Annual Purchasing Power: Purchasing Power Parities for GDP 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 |
|---|---|---|---|
| 1993 | +14775.0% | 0 National currency per US dollar | 0.0018 National currency per US dollar |
| 1994 | +5912.7% | 0.0018 National currency per US dollar | 0.1073 National currency per US dollar |
| 1992 | +1100.0% | 0 National currency per US dollar | 0 National currency per US dollar |
| 1995 | +157.3% | 0.1073 National currency per US dollar | 0.2762 National currency per US dollar |
| 1996 | +40.5% | 0.2762 National currency per US dollar | 0.3879 National currency per US dollar |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.2074 National currency per US dollar | 0 National currency per US dollar | 0.4649 National currency per US dollar | 10 |
| 2000s | 0.5726 National currency per US dollar | 0.4758 National currency per US dollar | 0.6911 National currency per US dollar | 10 |
| 2010s | 0.7686 National currency per US dollar | 0.7246 National currency per US dollar | 0.8113 National currency per US dollar | 10 |
| 2020s | 0.8586 National currency per US dollar | 0.7965 National currency per US dollar | 0.889 National currency per US dollar | 5 |
Countries ranked near Georgia
- 34 Canada 1.17 National currency per US dollar compare
- 35 United States 1 National currency per US dollar compare
- 36 Switzerland 0.9307 National currency per US dollar compare
- 38 Luxembourg 0.8325 National currency per US dollar compare
- 39 Singapore 0.8041 National currency per US dollar compare
- 40 Finland 0.7542 National currency per US dollar compare
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 purchasing power parities and exchange rates — purchasing in Georgia?
- Annual purchasing power parities and exchange rates — purchasing in Georgia was 0.889 National currency per US dollar in 2024, according to Organisation for Economic Co-operation and Development.
- What is the highest annual purchasing power parities and exchange rates — purchasing recorded in Georgia?
- The highest recorded value was 0.889 National currency per US dollar in 2024.
- What is the lowest annual purchasing power parities and exchange rates — purchasing recorded in Georgia?
- The lowest recorded value was 0 National currency per US dollar in 1990.
- How does Georgia rank for annual purchasing power parities and exchange rates — purchasing?
- Georgia ranks 37th out of 53 countries with data for 2024.
- Is annual purchasing power parities and exchange rates — purchasing rising or falling in Georgia?
- Over the last ten years it is up 22.7%. The long-run trend across the full record is rising.
- Where does this Georgia data come from?
- The figures come from Organisation for Economic Co-operation and Development, published as part of Annual Purchasing Power Parities and exchange rates — Purchasing Power Parities for GDP. Statizoid updates them automatically from the source API.
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About this data
This table shows annual Purchasing Power Parities (PPPs) for Gross Domestic Product (GDP), household final consumption expenditure and actual individual consumption. It also shows exchange rates (annual averages and end of period), sourced from the International Monetary Fund's database on International Financial Statistics. Final consumption expenditure is the expenditure of resident households on consumption goods or services, while individual consumption is the sum of household consumption plus the individual (not collective) consumption of the non-profit institutions serving households (NPISH) and General Government sectors. These indicators were presented in the previous dissemination system in the SNA_TABLE4 dataset. For further information on (PPPs) please check the following link: Purchasing Power Parities and more precisely FAQ 2: Purchasing power parities OECD statistics contact: STAT.Contact@oecd.org