Divergence of GDP per capita among latecomers to the capitalist revolution in Georgia
Georgia: Divergence of GDP per capita among latecomers to the capitalist revolution was 11,985 2011$ in 2018. ▼ Falling
Divergence of GDP per capita among latecomers to the capitalist revolution in Georgia, 1973–2018
Source: Maddison Project Database (2018) – processed by Our World in Data. Measured in 2011$.
Analysis
In 2018, divergence of gdp per capita among latecomers to the capitalist revolution in Georgia stood at 11,985 2011$.
The figure is up 4.8% on the previous year and up 41.6% over ten years.
Over the whole period, divergence of gdp per capita among latecomers to the capitalist revolution in Georgia peaked at 14,665 2011$ in 1988 and was at its lowest, 3,463 2011$, in 1994.
Georgia ranks 78th of 145 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 40 years of available data.
Divergence of GDP per capita among latecomers to the capitalist revolution in Georgia, year by year
| Year | 2011$ | Change |
|---|---|---|
| 1973 | 9,456 2011$ | — |
| 1980 | 10,519 2011$ | +11.2% |
| 1981 | 11,053 2011$ | +5.1% |
| 1982 | 11,611 2011$ | +5.0% |
| 1983 | 12,234 2011$ | +5.4% |
| 1984 | 13,128 2011$ | +7.3% |
| 1985 | 13,868 2011$ | +5.6% |
| 1986 | 13,839 2011$ | -0.2% |
| 1987 | 13,707 2011$ | -1.0% |
| 1988 | 14,665 2011$ | +7.0% |
| 1989 | 14,161 2011$ | -3.4% |
| 1990 | 12,140 2011$ | -14.3% |
| 1991 | 9,535 2011$ | -21.5% |
| 1992 | 5,287 2011$ | -44.6% |
| 1993 | 3,793 2011$ | -28.3% |
| 1994 | 3,463 2011$ | -8.7% |
| 1995 | 3,611 2011$ | +4.3% |
| 1996 | 4,031 2011$ | +11.6% |
| 1997 | 4,481 2011$ | +11.2% |
| 1998 | 4,620 2011$ | +3.1% |
| 1999 | 4,763 2011$ | +3.1% |
| 2000 | 4,892 2011$ | +2.7% |
| 2001 | 5,125 2011$ | +4.8% |
| 2002 | 5,407 2011$ | +5.5% |
| 2003 | 6,013 2011$ | +11.2% |
| 2004 | 6,343 2011$ | +5.5% |
| 2005 | 6,850 2011$ | +8.0% |
| 2006 | 7,398 2011$ | +8.0% |
| 2007 | 8,300 2011$ | +12.2% |
| 2008 | 8,462 2011$ | +1.9% |
| 2009 | 8,062 2011$ | -4.7% |
| 2010 | 8,443 2011$ | +4.7% |
| 2011 | 8,946 2011$ | +6.0% |
| 2012 | 9,491 2011$ | +6.1% |
| 2013 | 9,829 2011$ | +3.6% |
| 2014 | 10,297 2011$ | +4.8% |
| 2015 | 10,603 2011$ | +3.0% |
| 2016 | 10,899 2011$ | +2.8% |
| 2017 | 11,431 2011$ | +4.9% |
| 2018 | 11,985 2011$ | +4.8% |
Georgia compared with similar countries
- Georgia's 11,985 2011$ is below the median for upper middle income countries, which is 13,242 2011$, 91% of the median. (42 countries reporting)
- Georgia's 11,985 2011$ is below the median for Europe & Central Asia, which is 27,056 2011$, 44% of the median. (44 countries reporting)
Biggest year-on-year movements
Years where Divergence of GDP per capita among latecomers to the capitalist revolution in Georgia changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1992 | -44.6% | 9,535 2011$ | 5,287 2011$ |
| 1993 | -28.3% | 5,287 2011$ | 3,793 2011$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 9,456 2011$ | 9,456 2011$ | 9,456 2011$ | 1 |
| 1980s | 12,878 2011$ | 10,519 2011$ | 14,665 2011$ | 10 |
| 1990s | 5,572 2011$ | 3,463 2011$ | 12,140 2011$ | 10 |
| 2000s | 6,685 2011$ | 4,892 2011$ | 8,462 2011$ | 10 |
| 2010s | 10,214 2011$ | 8,443 2011$ | 11,985 2011$ | 9 |
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$), annual growth rate 38.45 % change on previous year (2025)
Frequently asked questions
- What is divergence of gdp per capita among latecomers to the capitalist revolution in Georgia?
- Divergence of gdp per capita among latecomers to the capitalist revolution in Georgia was 11,985 2011$ in 2018, according to Maddison Project Database (2018) – processed by Our World in Data.
- What is the highest divergence of gdp per capita among latecomers to the capitalist revolution recorded in Georgia?
- The highest recorded value was 14,665 2011$ in 1988.
- What is the lowest divergence of gdp per capita among latecomers to the capitalist revolution recorded in Georgia?
- The lowest recorded value was 3,463 2011$ in 1994.
- How does Georgia rank for divergence of gdp per capita among latecomers to the capitalist revolution?
- Georgia ranks 78th out of 145 countries with data for 2018.
- Is divergence of gdp per capita among latecomers to the capitalist revolution rising or falling in Georgia?
- Over the last ten years it is up 41.6%. The long-run trend across the full record is falling.
- Where does this Georgia data come from?
- The figures come from Maddison Project Database (2018) – processed by Our World in Data, published as part of Divergence of GDP per capita among latecomers to the capitalist revolution. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 40 observations, free to reuse under CC BY 4.0 (Our World in Data).
About this data
Unit 1 'The capitalist revolution: prosperity, inequality, and planetary limits’ in The CORE Team, The Economy 2.0 Microeconomics. Available at: https://tinyco.re/4329598 [Figure 1.19]