GDP (constant LCU) (UNICEF) in Georgia
Georgia: GDP (constant LCU) (UNICEF) was 67.66 billion in 2024. ▲ Rising
Latest (2024)
67.66 billion
Change on year
up 9.7%
World rank
52nd
of 74 countries
All-time high
67.66 billion
in 2024
All-time low
12.55 billion
in 1994
Years of data
65
1960–2024
GDP in Georgia, 1960–2024
Source: UNICEF.
Analysis
The most recent figure for gdp in Georgia is 67.66 billion, measured in 2024. That is the highest value across all 65 years on record.
That represents a change of up 9.7% on the previous year and up 71.0% over ten years.
Over the whole period, gdp in Georgia peaked at 67.66 billion in 2024 and was at its lowest, 12.55 billion, in 1994.
Georgia ranks 52nd of 74 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 65 years of available data.
GDP (constant LCU) (UNICEF) in Georgia, year by year
| Year | Value | Change |
|---|---|---|
| 1960 | 14.08 billion | — |
| 1961 | 14.77 billion | +4.9% |
| 1962 | 15.53 billion | +5.1% |
| 1963 | 16.18 billion | +4.2% |
| 1964 | 17.06 billion | +5.4% |
| 1965 | 18.86 billion | +10.6% |
| 1966 | 20.28 billion | +7.5% |
| 1967 | 21.55 billion | +6.3% |
| 1968 | 22.51 billion | +4.5% |
| 1969 | 23.58 billion | +4.8% |
| 1970 | 26.42 billion | +12.1% |
| 1971 | 27.08 billion | +2.5% |
| 1972 | 27.84 billion | +2.8% |
| 1973 | 29.65 billion | +6.5% |
| 1974 | 32.26 billion | +8.8% |
| 1975 | 34.64 billion | +7.4% |
| 1976 | 36.76 billion | +6.1% |
| 1977 | 39.29 billion | +6.9% |
| 1978 | 42.21 billion | +7.4% |
| 1979 | 45.32 billion | +7.4% |
| 1980 | 47.39 billion | +4.6% |
| 1981 | 49.89 billion | +5.3% |
| 1982 | 50.89 billion | +2.0% |
| 1983 | 53.08 billion | +4.3% |
| 1984 | 55.96 billion | +5.4% |
| 1985 | 58.72 billion | +4.9% |
| 1986 | 53.92 billion | -8.2% |
| 1987 | 54.61 billion | +1.3% |
| 1988 | 57.65 billion | +5.6% |
| 1989 | 53.50 billion | -7.2% |
| 1990 | 45.59 billion | -14.8% |
| 1991 | 35.97 billion | -21.1% |
| 1992 | 19.82 billion | -44.9% |
| 1993 | 14.01 billion | -29.3% |
| 1994 | 12.55 billion | -10.4% |
| 1995 | 12.88 billion | +2.6% |
| 1996 | 14.32 billion | +11.2% |
| 1997 | 15.83 billion | +10.5% |
| 1998 | 16.32 billion | +3.1% |
| 1999 | 16.79 billion | +2.9% |
| 2000 | 17.10 billion | +1.8% |
| 2001 | 17.92 billion | +4.8% |
| 2002 | 18.90 billion | +5.5% |
| 2003 | 20.99 billion | +11.1% |
| 2004 | 22.21 billion | +5.8% |
| 2005 | 24.34 billion | +9.6% |
| 2006 | 26.63 billion | +9.4% |
| 2007 | 29.98 billion | +12.6% |
| 2008 | 30.71 billion | +2.4% |
| 2009 | 29.59 billion | -3.7% |
| 2010 | 31.43 billion | +6.2% |
| 2011 | 33.93 billion | +7.9% |
| 2012 | 36.16 billion | +6.6% |
| 2013 | 38.02 billion | +5.1% |
| 2014 | 39.57 billion | +4.1% |
| 2015 | 40.90 billion | +3.4% |
| 2016 | 42.31 billion | +3.5% |
| 2017 | 44.49 billion | +5.2% |
| 2018 | 47.19 billion | +6.1% |
| 2019 | 49.73 billion | +5.4% |
| 2020 | 46.60 billion | -6.3% |
| 2021 | 51.56 billion | +10.6% |
| 2022 | 57.21 billion | +11.0% |
| 2023 | 61.69 billion | +7.8% |
| 2024 | 67.66 billion | +9.7% |
Georgia compared with similar countries
- Georgia's 67.66 billion is below the median for upper middle income countries, which is 508.57 billion, 13% of the median. (19 countries reporting)
- Georgia's 67.66 billion is below the median for Europe & Central Asia, which is 490.93 billion, 14% of the median. (52 countries reporting)
Biggest year-on-year movements
Years where GDP (constant LCU) (UNICEF) 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 | -44.9% | 35.97 billion | 19.82 billion |
| 1993 | -29.3% | 19.82 billion | 14.01 billion |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 18.44 billion | 14.08 billion | 23.58 billion | 10 |
| 1970s | 34.15 billion | 26.42 billion | 45.32 billion | 10 |
| 1980s | 53.56 billion | 47.39 billion | 58.72 billion | 10 |
| 1990s | 20.41 billion | 12.55 billion | 45.59 billion | 10 |
| 2000s | 23.84 billion | 17.10 billion | 30.71 billion | 10 |
| 2010s | 40.37 billion | 31.43 billion | 49.73 billion | 10 |
| 2020s | 56.94 billion | 46.60 billion | 67.66 billion | 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 gdp in Georgia?
- Gdp in Georgia was 67.66 billion in 2024, according to UNICEF.
- What is the highest gdp recorded in Georgia?
- The highest recorded value was 67.66 billion in 2024.
- What is the lowest gdp recorded in Georgia?
- The lowest recorded value was 12.55 billion in 1994.
- How does Georgia rank for gdp?
- Georgia ranks 52nd out of 74 countries with data for 2024.
- Is gdp rising or falling in Georgia?
- Over the last ten years it is up 71.0%. The long-run trend across the full record is rising.
- Where does this Georgia data come from?
- The figures come from UNICEF, published as part of GDP (constant LCU). Statizoid updates them automatically from the source API.
Download this data
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