GDP Deflator — Value US$, 2015 prices in Georgia
Georgia: GDP Deflator — Value US$, 2015 prices was 133.79 USD in 2024. ▲ Rising
GDP Deflator — Value US$, 2015 prices in Georgia, 1990–2024
Source: Food and Agriculture Organization of the United Nations. Measured in USD.
Analysis
In 2024, gdp deflator — value us$, 2015 prices in Georgia stood at 133.79 USD. That is the highest value across all 35 years on record.
The figure is up 0.3% on the previous year and up 9.7% over ten years.
Over the whole period, gdp deflator — value us$, 2015 prices in Georgia peaked at 133.79 USD in 2024 and was at its lowest, 47.13 USD, in 1999.
That places Georgia 38th out of 203 countries with data for 2024, putting it in the top quarter.
The long-run direction has been consistently rising across the 35 years of available data.
GDP Deflator — Value US$, 2015 prices in Georgia, year by year
| Year | USD | Change |
|---|---|---|
| 1990 | 52.59 USD | — |
| 1991 | 54.37 USD | +3.4% |
| 1992 | 55.61 USD | +2.3% |
| 1993 | 56.93 USD | +2.4% |
| 1994 | 58.14 USD | +2.1% |
| 1995 | 59.36 USD | +2.1% |
| 1996 | 60.45 USD | +1.8% |
| 1997 | 62.68 USD | +3.7% |
| 1998 | 62.57 USD | -0.2% |
| 1999 | 47.13 USD | -24.7% |
| 2000 | 50.55 USD | +7.2% |
| 2001 | 50.78 USD | +0.5% |
| 2002 | 50.78 USD | +0.0% |
| 2003 | 53.74 USD | +5.8% |
| 2004 | 65.23 USD | +21.4% |
| 2005 | 74.45 USD | +14.1% |
| 2006 | 82.2 USD | +10.4% |
| 2007 | 95.9 USD | +16.7% |
| 2008 | 117.78 USD | +22.8% |
| 2009 | 102.86 USD | -12.7% |
| 2010 | 106.22 USD | +3.3% |
| 2011 | 122.53 USD | +15.4% |
| 2012 | 125.51 USD | +2.4% |
| 2013 | 123.79 USD | -1.4% |
| 2014 | 121.97 USD | -1.5% |
| 2015 | 100 USD | -18.0% |
| 2016 | 98.07 USD | -1.9% |
| 2017 | 99.46 USD | +1.4% |
| 2018 | 101.93 USD | +2.5% |
| 2019 | 95.32 USD | -6.5% |
| 2020 | 92.32 USD | -3.1% |
| 2021 | 98.21 USD | +6.4% |
| 2022 | 117.32 USD | +19.5% |
| 2023 | 133.41 USD | +13.7% |
| 2024 | 133.79 USD | +0.3% |
Georgia compared with similar countries
- Georgia's 133.79 USD is above the median for upper middle income countries, which is 121.31 USD, 1.1× the median. (51 countries reporting)
- Georgia's 133.79 USD is above the median for Europe & Central Asia, which is 125.65 USD, 1.1× the median. (48 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 56.98 USD | 47.13 USD | 62.68 USD | 10 |
| 2000s | 74.43 USD | 50.55 USD | 117.78 USD | 10 |
| 2010s | 109.48 USD | 95.32 USD | 125.51 USD | 10 |
| 2020s | 115.01 USD | 92.32 USD | 133.79 USD | 5 |
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$), annual growth rate 38.45 % change on previous year (2025)
Frequently asked questions
- What is gdp deflator — value us$, 2015 prices in Georgia?
- Gdp deflator — value us$, 2015 prices in Georgia was 133.79 USD in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gdp deflator — value us$, 2015 prices recorded in Georgia?
- The highest recorded value was 133.79 USD in 2024.
- What is the lowest gdp deflator — value us$, 2015 prices recorded in Georgia?
- The lowest recorded value was 47.13 USD in 1999.
- How does Georgia rank for gdp deflator — value us$, 2015 prices?
- Georgia ranks 38th out of 203 countries with data for 2024.
- Is gdp deflator — value us$, 2015 prices rising or falling in Georgia?
- Over the last ten years it is up 9.7%. The long-run trend across the full record is rising.
- Where does this Georgia data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of GDP Deflator — Value US$, 2015 prices. Statizoid updates them automatically from the source API.
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About this data
The FAOSTAT Deflators database provides the following selection of price deflator series by country and at regional level: Gross Domestic Product deflator, Gross Fixed Capital Formation deflator, Manufacturing Value-Added deflator, and Agriculture, Forestry, Fishery Valued-Added deflator. In the FAOSTAT Deflators database, all series are derived from the United Nations Statistics Division (UNSD) National Accounts Analysis of Main Aggregates database (UNSD AMA). In particular, the implicit Gross Domestic Product deflator, the implicit Gross Fixed Capital Formation deflator, the implicit value added deflator of Agriculture, Forestry, Fishery and the implicit value added deflator of Manufacturing are obtained by dividing the series in current prices by those in constant 2015 prices (base year).