Annual value added and its components by economic activity — Value in Georgia
Georgia: Annual value added and its components by economic activity — Value was 126.65 Index in 2024. ▲ Rising
Annual value added and its components by economic activity — Value in Georgia, 2010–2024
Source: Organisation for Economic Co-operation and Development. Measured in Index.
Analysis
In 2024, annual value added and its components by economic activity — value in Georgia stood at 126.65 Index. That is the highest value across all 15 years on record.
That represents a change of up 4.4% on the previous year and up 61.1% over ten years.
Over the whole period, annual value added and its components by economic activity — value in Georgia peaked at 126.65 Index in 2024 and was at its lowest, 68.11 Index, in 2010.
That places Georgia 9th out of 33 countries with data for 2024, putting it in the top quarter.
The long-run direction has been consistently rising across the 15 years of available data.
Annual value added and its components by economic activity — Value in Georgia, year by year
| Year | Index | Change |
|---|---|---|
| 2010 | 68.11 Index | — |
| 2011 | 74.46 Index | +9.3% |
| 2012 | 75.23 Index | +1.0% |
| 2013 | 75.49 Index | +0.3% |
| 2014 | 78.62 Index | +4.1% |
| 2015 | 82.96 Index | +5.5% |
| 2016 | 83.69 Index | +0.9% |
| 2017 | 88.29 Index | +5.5% |
| 2018 | 91.43 Index | +3.6% |
| 2019 | 95.16 Index | +4.1% |
| 2020 | 100 Index | +5.1% |
| 2021 | 108.37 Index | +8.4% |
| 2022 | 118.51 Index | +9.4% |
| 2023 | 121.32 Index | +2.4% |
| 2024 | 126.65 Index | +4.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 81.34 Index | 68.11 Index | 95.16 Index | 10 |
| 2020s | 114.97 Index | 100 Index | 126.65 Index | 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)
- GNI, Atlas method (current US$), annual growth rate 17.94 % change on previous year (2025)
- GNI, Atlas method (current US$), per unit of GDP 0.9277 current US$ per US$ of GDP (2025)
- GNI, Atlas method (current US$), per capita 8,991 current US$ per person (2025)
- GNI (current US$), annual growth rate 12.87 % change on previous year (2025)
- GNI (current US$), per unit of GDP 0.9373 current US$ per US$ of GDP (2025)
- GNI (current US$), per capita 9,083 current US$ per person (2025)
- GNI (current LCU), annual growth rate 13.76 % change on previous year (2025)
- GNI (current LCU), per unit of GDP 2.57 current LCU per US$ of GDP (2025)
Frequently asked questions
- What is annual value added and its components by economic activity — value in Georgia?
- Annual value added and its components by economic activity — value in Georgia was 126.65 Index in 2024, according to Organisation for Economic Co-operation and Development.
- What is the highest annual value added and its components by economic activity — value recorded in Georgia?
- The highest recorded value was 126.65 Index in 2024.
- What is the lowest annual value added and its components by economic activity — value recorded in Georgia?
- The lowest recorded value was 68.11 Index in 2010.
- How does Georgia rank for annual value added and its components by economic activity — value?
- Georgia ranks 9th out of 33 countries with data for 2024.
- Is annual value added and its components by economic activity — value rising or falling in Georgia?
- Over the last ten years it is up 61.1%. 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 value added and its components by economic activity — Value added, gross. Statizoid updates them automatically from the source API.
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About this data
This table presents gross value added by economic activity based on detailed breakdowns of Revision 4 of the International Standard Industrial Classification of All Economic Activities (ISIC). The table also presents detailed ISIC data for output, intermediate consumption and consumption of fixed capital (depreciation), as well as for components of gross value added (GVA) such as wages and salaries and net operating surplus (business profits) and mixed income (profits of the self-employed). These can be selected using the ‘Transaction filter’. The presentation is on a country-by-country basis. Users are recommended to select one country (or area) at a time in the ‘Reference area’ filter. Data is presented for each country in national currency as well as in euros for the European Union and the euro area. Data is presented in current prices (default view), but for some items it is possible to select chain linked volume and other price measures using the ‘Price base’ filter. These indicators were presented in the previous dissemination system in the SNA_TABLE6A dataset. See ANA Changes for information on changes in methodology: ANA Changes Explore also the GDP and non-financial accounts webpage: GDP and non-financial accounts webpage OECD statistics contact: STAT.Contact@oecd.org