Rank in the Economic Complexity Index in Georgia

Georgia: Rank in the Economic Complexity Index was 67 in 2016. ▲ Rising

Latest (2016)
67
Change on year
down 1.5%
World rank
44th
of 121 countries
All-time high
78
in 2008
All-time low
33
in 1995
Years of data
25
1992–2016

Rank in the Economic Complexity Index in Georgia, 1992–2016

0204060801992200420161992: 641993: 571994: 561995: 331996: 361997: 451998: 481999: 442000: 442001: 442002: 472003: 442004: 682005: 672006: 742007: 712008: 782009: 722010: 732011: 642012: 652013: 662014: 702015: 682016: 67

Source: Observatory of Economic Complexity and Atlas of Economic Complexity (2016) – processed by Our World in Data.

Analysis

Georgia recorded 67 for rank in the economic complexity index in 2016.

That represents a change of down 1.5% on the previous year and down 9.5% over ten years.

Over the whole period, rank in the economic complexity index in Georgia peaked at 78 in 2008 and was at its lowest, 33, in 1995.

Georgia ranks 44th of 121 countries on this measure, in the middle of the range.

The long-run direction has been consistently rising across the 25 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
1990s 47.88 33 64 8
2000s 60.9 44 78 10
2010s 67.57 64 73 7

Countries ranked near Georgia

  1. 41 Botswana 70 compare
  2. 42 Chile 69 compare
  3. 43 Sri Lanka 68 compare
  4. 44 Guatemala 67 compare
  5. 46 Cambodia 66 compare
  6. 46 Honduras 66 compare

See the full ranking of 121 places →

More economy & growth data for Georgia

All data for Georgia →

Frequently asked questions

What is rank in the economic complexity index in Georgia?
Rank in the economic complexity index in Georgia was 67 in 2016, according to Observatory of Economic Complexity and Atlas of Economic Complexity (2016) – processed by Our World in Data.
What is the highest rank in the economic complexity index recorded in Georgia?
The highest recorded value was 78 in 2008.
What is the lowest rank in the economic complexity index recorded in Georgia?
The lowest recorded value was 33 in 1995.
How does Georgia rank for rank in the economic complexity index?
Georgia ranks 44th out of 121 countries with data for 2016.
Is rank in the economic complexity index rising or falling in Georgia?
Over the last ten years it is down 9.5%. The long-run trend across the full record is rising.
Where does this Georgia data come from?
The figures come from Observatory of Economic Complexity and Atlas of Economic Complexity (2016) – processed by Our World in Data, published as part of Rank in the Economic Complexity Index. Statizoid updates them automatically from the source API.

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About this data

Indicator
Rank in the Economic Complexity Index
Source
Observatory of Economic Complexity and Atlas of Economic Complexity (2016) – processed by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
121 places, 5,650 data points, 1964–2016
Last refreshed

The Economic Complexity Index (ECI) takes data on exports, and reduces a country’s economic system into two dimensions: (i) The number or ‘diversification’ of products in the export basket, and (ii) the quality, or ‘ubiquity’ of products in the export basket. This map ranks countries by ECI scores. The highest rank is 1 and corresponds to the country with the most complex economy in that year.