Gross domestic product (GDP) in Georgia
Georgia: Gross domestic product (GDP) was 89.43 billion international-$ in 2021 prices in 2023. ◆ Volatile
Gross domestic product (GDP) in Georgia, 1990–2023
Source: Feenstra et al. - Penn World Table (2025) – with major processing by Our World in Data. Measured in international-$ in 2021 prices.
Analysis
Georgia recorded 89.43 billion international-$ in 2021 prices for gross domestic product (gdp) in 2023. That is the highest value across all 34 years on record.
Compared with earlier readings it is up 6.4% on the previous year and up 87.6% over ten years.
Over the whole period, gross domestic product (gdp) in Georgia peaked at 89.43 billion international-$ in 2021 prices in 2023 and was at its lowest, 14.13 billion international-$ in 2021 prices, in 1994.
That places Georgia 97th out of 184 countries with data for 2023, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 27.62 billion international-$ in 2021 prices | 14.13 billion international-$ in 2021 prices | 70.40 billion international-$ in 2021 prices | 10 |
| 2000s | 28.45 billion international-$ in 2021 prices | 18.51 billion international-$ in 2021 prices | 39.55 billion international-$ in 2021 prices | 10 |
| 2010s | 55.07 billion international-$ in 2021 prices | 41.72 billion international-$ in 2021 prices | 73.78 billion international-$ in 2021 prices | 10 |
| 2020s | 80.34 billion international-$ in 2021 prices | 71.21 billion international-$ in 2021 prices | 89.43 billion international-$ in 2021 prices | 4 |
Countries ranked near Georgia
- 94 Paraguay 102.71 billion international-$ in 2021 prices compare
- 95 Cambodia 100.91 billion international-$ in 2021 prices compare
- 96 Uruguay 90.61 billion international-$ in 2021 prices compare
- 98 Slovenia 89.18 billion international-$ in 2021 prices compare
- 99 Bahrain 84.47 billion international-$ in 2021 prices compare
- 100 Senegal 74.34 billion international-$ in 2021 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 89.43 billion international-$ in 2021 prices in 2023, according to Feenstra et al. - Penn World Table (2025) – with major processing by Our World in Data.
- What is the highest gross domestic product (gdp) recorded in Georgia?
- The highest recorded value was 89.43 billion international-$ in 2021 prices in 2023.
- What is the lowest gross domestic product (gdp) recorded in Georgia?
- The lowest recorded value was 14.13 billion international-$ in 2021 prices in 1994.
- How does Georgia rank for gross domestic product (gdp)?
- Georgia ranks 97th out of 184 countries with data for 2023.
- Is gross domestic product (gdp) rising or falling in Georgia?
- Over the last ten years it is up 87.6%. The long-run trend across the full record is volatile.
- Where does this Georgia data come from?
- The figures come from Feenstra et al. - Penn World Table (2025) – 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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CSV · JSON — 34 observations, free to reuse under CC BY 4.0 (Our World in Data).
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.