GDP (current LCU) (UNICEF) in Georgia
Georgia: GDP (current LCU) (UNICEF) was 93.02 billion in 2024. ◆ Volatile
Latest (2024)
93.02 billion
Change on year
up 15.0%
World rank
54th
of 74 countries
All-time high
93.02 billion
in 2024
All-time low
2,841
in 1960
Years of data
65
1960–2024
GDP in Georgia, 1960–2024
Source: UNICEF.
Analysis
Georgia recorded 93.02 billion for gdp in 2024. That is the highest value across all 65 years on record.
Compared with earlier readings it is up 15.0% on the previous year and up 193.2% over ten years.
Over the whole period, gdp in Georgia peaked at 93.02 billion in 2024 and was at its lowest, 2,841, in 1960.
Georgia ranks 54th of 74 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
GDP (current LCU) (UNICEF) in Georgia, year by year
| Year | Value | Change |
|---|---|---|
| 1960 | 2,841 | — |
| 1961 | 3,000 | +5.6% |
| 1962 | 3,319 | +10.6% |
| 1963 | 3,334 | +0.5% |
| 1964 | 3,590 | +7.7% |
| 1965 | 3,945 | +9.9% |
| 1966 | 4,165 | +5.6% |
| 1967 | 4,482 | +7.6% |
| 1968 | 4,711 | +5.1% |
| 1969 | 5,094 | +8.1% |
| 1970 | 5,698 | +11.9% |
| 1971 | 6,022 | +5.7% |
| 1972 | 6,108 | +1.4% |
| 1973 | 6,529 | +6.9% |
| 1974 | 7,166 | +9.8% |
| 1975 | 7,748 | +8.1% |
| 1976 | 8,264 | +6.7% |
| 1977 | 8,955 | +8.4% |
| 1978 | 9,669 | +8.0% |
| 1979 | 10,674 | +10.4% |
| 1980 | 11,274 | +5.6% |
| 1981 | 12,298 | +9.1% |
| 1982 | 12,984 | +5.6% |
| 1983 | 13,161 | +1.4% |
| 1984 | 14,053 | +6.8% |
| 1985 | 14,079 | +0.2% |
| 1986 | 13,717 | -2.6% |
| 1987 | 14,217 | +3.6% |
| 1988 | 14,672 | +3.2% |
| 1989 | 14,354 | -2.2% |
| 1990 | 14,966 | +4.3% |
| 1991 | 19,100 | +27.6% |
| 1992 | 149,200 | +681.2% |
| 1993 | 16.40 million | +10889.9% |
| 1994 | 902.30 million | +5402.9% |
| 1995 | 2.43 billion | +169.6% |
| 1996 | 3.87 billion | +59.1% |
| 1997 | 4.55 billion | +17.7% |
| 1998 | 5.02 billion | +10.3% |
| 1999 | 5.67 billion | +12.9% |
| 2000 | 6.04 billion | +6.6% |
| 2001 | 6.67 billion | +10.4% |
| 2002 | 7.46 billion | +11.7% |
| 2003 | 8.56 billion | +14.9% |
| 2004 | 9.82 billion | +14.7% |
| 2005 | 11.62 billion | +18.3% |
| 2006 | 13.79 billion | +18.7% |
| 2007 | 16.99 billion | +23.2% |
| 2008 | 19.07 billion | +12.2% |
| 2009 | 17.99 billion | -5.7% |
| 2010 | 22.15 billion | +23.1% |
| 2011 | 26.10 billion | +17.8% |
| 2012 | 27.90 billion | +6.9% |
| 2013 | 29.14 billion | +4.4% |
| 2014 | 31.72 billion | +8.9% |
| 2015 | 34.55 billion | +8.9% |
| 2016 | 36.55 billion | +5.8% |
| 2017 | 41.34 billion | +13.1% |
| 2018 | 45.37 billion | +9.8% |
| 2019 | 49.73 billion | +9.6% |
| 2020 | 49.79 billion | +0.1% |
| 2021 | 60.72 billion | +22.0% |
| 2022 | 72.86 billion | +20.0% |
| 2023 | 80.88 billion | +11.0% |
| 2024 | 93.02 billion | +15.0% |
Georgia compared with similar countries
- Georgia's 93.02 billion is below the median for upper middle income countries, which is 964.09 billion, 10% of the median. (19 countries reporting)
- Georgia's 93.02 billion is below the median for Europe & Central Asia, which is 591.53 billion, 16% of the median. (52 countries reporting)
Biggest year-on-year movements
Years where GDP (current 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 |
|---|---|---|---|
| 1993 | +10889.9% | 149,200 | 16.40 million |
| 1994 | +5402.9% | 16.40 million | 902.30 million |
| 1992 | +681.2% | 19,100 | 149,200 |
| 1995 | +169.6% | 902.30 million | 2.43 billion |
| 1996 | +59.1% | 2.43 billion | 3.87 billion |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 3,848 | 2,841 | 5,094 | 10 |
| 1970s | 7,683 | 5,698 | 10,674 | 10 |
| 1980s | 13,481 | 11,274 | 14,672 | 10 |
| 1990s | 2.25 billion | 14,966 | 5.67 billion | 10 |
| 2000s | 11.80 billion | 6.04 billion | 19.07 billion | 10 |
| 2010s | 34.45 billion | 22.15 billion | 49.73 billion | 10 |
| 2020s | 71.46 billion | 49.79 billion | 93.02 billion | 5 |
Countries ranked near Georgia
- 51 Tajikistan 153.40 billion compare
- 52 Slovakia 130.21 billion compare
- 53 Azerbaijan 126.34 billion compare
- 55 Luxembourg 86.18 billion compare
- 56 Croatia 85.91 billion compare
- 57 Lithuania 78.41 billion 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 gdp in Georgia?
- Gdp in Georgia was 93.02 billion in 2024, according to UNICEF.
- What is the highest gdp recorded in Georgia?
- The highest recorded value was 93.02 billion in 2024.
- What is the lowest gdp recorded in Georgia?
- The lowest recorded value was 2,841 in 1960.
- How does Georgia rank for gdp?
- Georgia ranks 54th out of 74 countries with data for 2024.
- Is gdp rising or falling in Georgia?
- Over the last ten years it is up 193.2%. The long-run trend across the full record is volatile.
- Where does this Georgia data come from?
- The figures come from UNICEF, published as part of GDP (current LCU). Statizoid updates them automatically from the source API.
Download this data
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