Gross domestic product (GDP) in Georgia
Georgia: Gross domestic product (GDP) was 70.53 billion international-$ in 2011 prices in 2022. ▼ Falling
Gross domestic product (GDP) in Georgia, 1973–2022
Source: Bolt and van Zanden – Maddison Project Database 2023 – with major processing by Our World in Data. Measured in international-$ in 2011 prices.
Analysis
The most recent figure for gross domestic product (gdp) in Georgia is 70.53 billion international-$ in 2011 prices, measured in 2022.
That represents a change of up 10.1% on the previous year and up 50.2% over ten years.
Over the whole period, gross domestic product (gdp) in Georgia peaked at 78.02 billion international-$ in 2011 prices in 1988 and was at its lowest, 17.81 billion international-$ in 2011 prices, in 1994.
That places Georgia 95th out of 165 countries with data for 2022, putting it in the middle of the range.
The long-run direction has been consistently falling across the 44 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 45.63 billion international-$ in 2011 prices | 45.63 billion international-$ in 2011 prices | 45.63 billion international-$ in 2011 prices | 1 |
| 1980s | 66.94 billion international-$ in 2011 prices | 53.08 billion international-$ in 2011 prices | 78.02 billion international-$ in 2011 prices | 10 |
| 1990s | 28.96 billion international-$ in 2011 prices | 17.81 billion international-$ in 2011 prices | 65.87 billion international-$ in 2011 prices | 10 |
| 2000s | 32.09 billion international-$ in 2011 prices | 23.55 billion international-$ in 2011 prices | 40.78 billion international-$ in 2011 prices | 10 |
| 2010s | 51.62 billion international-$ in 2011 prices | 41.36 billion international-$ in 2011 prices | 62.19 billion international-$ in 2011 prices | 10 |
| 2020s | 64.19 billion international-$ in 2011 prices | 57.98 billion international-$ in 2011 prices | 70.53 billion international-$ in 2011 prices | 3 |
Countries ranked near Georgia
- 92 Cameroon 82.73 billion international-$ in 2011 prices compare
- 93 Costa Rica 80.35 billion international-$ in 2011 prices compare
- 94 Bolivia 78.17 billion international-$ in 2011 prices compare
- 96 Slovenia 69.39 billion international-$ in 2011 prices compare
- 97 Uruguay 69.07 billion international-$ in 2011 prices compare
- 98 Zambia 68.47 billion international-$ in 2011 prices compare
More economy & growth data for Georgia
- External balance on goods and services as a percent of GDP -5.8% (2025)
- Inflation of consumer prices 3.9% (2025)
- GDP per capita 6,877 constant 2015 US$ (2025)
- Share of manufacturing in gross domestic product (GDP) 8.0% (2025)
- Gross domestic product (GDP) 27.07 billion constant 2015 US$ (2025)
- GDP per capita in international and market dollars 6,877 constant 2015 US$ (2025)
- DEC alternative conversion factor 2.74 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) 9.75 billion current LCU (2025)
- Net secondary income (Net current transfers from abroad) 3.55 billion current US$ (2025)
- Taxes less subsidies on products 12.84 billion current LCU (2025)
Frequently asked questions
- What is gross domestic product (gdp) in Georgia?
- Gross domestic product (gdp) in Georgia was 70.53 billion international-$ in 2011 prices in 2022, according to Bolt and van Zanden – Maddison Project Database 2023 – with major processing by Our World in Data.
- What is the highest gross domestic product (gdp) recorded in Georgia?
- The highest recorded value was 78.02 billion international-$ in 2011 prices in 1988.
- What is the lowest gross domestic product (gdp) recorded in Georgia?
- The lowest recorded value was 17.81 billion international-$ in 2011 prices in 1994.
- How does Georgia rank for gross domestic product (gdp)?
- Georgia ranks 95th out of 165 countries with data for 2022.
- Is gross domestic product (gdp) rising or falling in Georgia?
- Over the last ten years it is up 50.2%. The long-run trend across the full record is falling.
- Where does this Georgia data come from?
- The figures come from Bolt and van Zanden – Maddison Project Database 2023 – with major processing by Our World in Data, published as part of Gross domestic product (GDP). Statizoid updates them automatically from the source API.
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About this data
Total economic output of a country or region per year. This data is adjusted for inflation and differences in living costs between countries.