GDP Deflator — Value US$, 2015 prices, annual growth rate in Georgia
Georgia: GDP Deflator — Value US$, 2015 prices, annual growth rate was 0.2863 % change on previous year in 2024. ◆ Volatile
GDP Deflator — Value US$, 2015 prices, annual growth rate in Georgia, 1991–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Georgia recorded 0.2863 % change on previous year for gdp deflator — value us$, 2015 prices, annual growth rate in 2024.
The figure is down 97.9% on the previous year and up 119.5% over ten years.
Over the whole period, gdp deflator — value us$, 2015 prices, annual growth rate in Georgia peaked at 22.81 % change on previous year in 2008 and was at its lowest, -24.67 % change on previous year, in 1999.
Georgia ranks 172nd of 222 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
GDP Deflator — Value US$, 2015 prices, annual growth rate in Georgia, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1991 | 3.38 % change on previous year | — |
| 1992 | 2.28 % change on previous year | -32.6% |
| 1993 | 2.37 % change on previous year | +4.0% |
| 1994 | 2.14 % change on previous year | -9.9% |
| 1995 | 2.1 % change on previous year | -1.8% |
| 1996 | 1.83 % change on previous year | -12.7% |
| 1997 | 3.69 % change on previous year | +101.5% |
| 1998 | -0.167 % change on previous year | -104.5% |
| 1999 | -24.67 % change on previous year | +14670.5% |
| 2000 | 7.24 % change on previous year | -129.3% |
| 2001 | 0.4538 % change on previous year | -93.7% |
| 2002 | 0.0026 % change on previous year | -99.4% |
| 2003 | 5.84 % change on previous year | +227840.7% |
| 2004 | 21.39 % change on previous year | +266.5% |
| 2005 | 14.13 % change on previous year | -33.9% |
| 2006 | 10.41 % change on previous year | -26.3% |
| 2007 | 16.67 % change on previous year | +60.1% |
| 2008 | 22.81 % change on previous year | +36.8% |
| 2009 | -12.66 % change on previous year | -155.5% |
| 2010 | 3.26 % change on previous year | -125.7% |
| 2011 | 15.36 % change on previous year | +371.2% |
| 2012 | 2.43 % change on previous year | -84.2% |
| 2013 | -1.37 % change on previous year | -156.6% |
| 2014 | -1.47 % change on previous year | +6.9% |
| 2015 | -18.01 % change on previous year | +1126.4% |
| 2016 | -1.93 % change on previous year | -89.3% |
| 2017 | 1.42 % change on previous year | -173.7% |
| 2018 | 2.48 % change on previous year | +74.4% |
| 2019 | -6.49 % change on previous year | -361.2% |
| 2020 | -3.15 % change on previous year | -51.4% |
| 2021 | 6.38 % change on previous year | -302.6% |
| 2022 | 19.46 % change on previous year | +205.0% |
| 2023 | 13.72 % change on previous year | -29.5% |
| 2024 | 0.2863 % change on previous year | -97.9% |
Georgia compared with similar countries
- Georgia's 0.2863 % change on previous year is below the median for upper middle income countries, which is 3.03 % change on previous year, 9% of the median. (51 countries reporting)
- Georgia's 0.2863 % change on previous year is below the median for Europe & Central Asia, which is 3.25 % change on previous year, 9% of the median. (48 countries reporting)
Biggest year-on-year movements
Years where GDP Deflator — Value US$, 2015 prices, annual growth rate in Georgia changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2003 | +227840.7% | 0.0026 % change on previous year | 5.84 % change on previous year |
| 1999 | -14670.5% | -0.167 % change on previous year | -24.67 % change on previous year |
| 2015 | -1126.4% | -1.47 % change on previous year | -18.01 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | -0.7842 % change on previous year | -24.67 % change on previous year | 3.69 % change on previous year | 9 |
| 2000s | 8.63 % change on previous year | -12.66 % change on previous year | 22.81 % change on previous year | 10 |
| 2010s | -0.4313 % change on previous year | -18.01 % change on previous year | 15.36 % change on previous year | 10 |
| 2020s | 7.34 % change on previous year | -3.15 % change on previous year | 19.46 % change on previous year | 5 |
Countries ranked near Georgia
- 169 Yemen 0.3692 % change on previous year compare
- 170 Bahrain 0.3169 % change on previous year compare
- 171 Bahamas 0.2881 % change on previous year compare
- 173 Bosnia and Herzegovina 0.2355 % change on previous year compare
- 174 British Virgin Islands 0.225 % change on previous year compare
- 175 Congo 0.0235 % change on previous year compare
More economy & growth data for Georgia
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 5.32 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 5 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), 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$), annual growth rate 38.45 % change on previous year (2025)
Frequently asked questions
- What is gdp deflator — value us$, 2015 prices, annual growth rate in Georgia?
- Gdp deflator — value us$, 2015 prices, annual growth rate in Georgia was 0.2863 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest gdp deflator — value us$, 2015 prices, annual growth rate recorded in Georgia?
- The highest recorded value was 22.81 % change on previous year in 2008.
- What is the lowest gdp deflator — value us$, 2015 prices, annual growth rate recorded in Georgia?
- The lowest recorded value was -24.67 % change on previous year in 1999.
- How does Georgia rank for gdp deflator — value us$, 2015 prices, annual growth rate?
- Georgia ranks 172nd out of 222 countries with data for 2024.
- Is gdp deflator — value us$, 2015 prices, annual growth rate rising or falling in Georgia?
- Over the last ten years it is up 119.5%. The long-run trend across the full record is volatile.
- Where does this Georgia data come from?
- The figures come from Statizoid (derived), published as part of GDP Deflator — Value US$, 2015 prices, annual growth rate. Statizoid updates them automatically from the source API.
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CSV · JSON — 34 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in GDP Deflator — Value US$, 2015 prices. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- GDP Deflator — Value US$, 2015 prices Food and Agriculture Organization of the United Nations
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in GDP Deflator — Value US$, 2015 prices. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.