GDP per capita growth in Georgia
Georgia: GDP per capita growth was 10.15 in 2024. ◆ Volatile
Latest (2024)
10.15
Change on year
up 31.1%
World rank
2nd
of 74 countries
All-time high
15.31
in 1996
All-time low
-45.32
in 1992
Years of data
64
1961–2024
GDP per capita growth in Georgia, 1961–2024
Source: UNICEF.
Analysis
Georgia recorded 10.15 for gdp per capita growth in 2024.
The figure is up 31.1% on the previous year and up 151.2% over ten years.
Over the whole period, gdp per capita growth in Georgia peaked at 15.31 in 1996 and was at its lowest, -45.32, in 1992.
Georgia ranks 2nd of 74 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
GDP per capita growth in Georgia, year by year
| Year | Value | Change |
|---|---|---|
| 1961 | 3.22 | — |
| 1962 | 3.53 | +9.4% |
| 1963 | 2.68 | -24.1% |
| 1964 | 3.95 | +47.6% |
| 1965 | 9.11 | +130.5% |
| 1966 | 6.31 | -30.7% |
| 1967 | 5.22 | -17.4% |
| 1968 | 3.51 | -32.7% |
| 1969 | 3.8 | +8.2% |
| 1970 | 10.97 | +188.8% |
| 1971 | 1.41 | -87.1% |
| 1972 | 1.8 | +27.8% |
| 1973 | 5.55 | +207.9% |
| 1974 | 7.87 | +41.8% |
| 1975 | 6.59 | -16.2% |
| 1976 | 5.34 | -19.0% |
| 1977 | 6.17 | +15.6% |
| 1978 | 6.8 | +10.3% |
| 1979 | 6.58 | -3.3% |
| 1980 | 3.7 | -43.8% |
| 1981 | 4.41 | +19.1% |
| 1982 | 1.14 | -74.1% |
| 1983 | 3.39 | +196.6% |
| 1984 | 4.53 | +33.7% |
| 1985 | 4.03 | -11.2% |
| 1986 | -8.99 | -323.3% |
| 1987 | 0.4488 | -105.0% |
| 1988 | 4.52 | +906.2% |
| 1989 | -7.44 | -264.7% |
| 1990 | -14.77 | +98.5% |
| 1991 | -21.65 | +46.6% |
| 1992 | -45.32 | +109.3% |
| 1993 | -29.84 | -34.2% |
| 1994 | -9.01 | -69.8% |
| 1995 | 6.53 | -172.4% |
| 1996 | 15.31 | +134.7% |
| 1997 | 14.12 | -7.8% |
| 1998 | 5.68 | -59.8% |
| 1999 | 5.01 | -11.9% |
| 2000 | 3.84 | -23.3% |
| 2001 | 6.45 | +67.9% |
| 2002 | 6.42 | -0.3% |
| 2003 | 11.81 | +83.8% |
| 2004 | 6.45 | -45.4% |
| 2005 | 10.29 | +59.5% |
| 2006 | 10.05 | -2.4% |
| 2007 | 13.16 | +31.1% |
| 2008 | 2.73 | -79.2% |
| 2009 | -2.79 | -202.1% |
| 2010 | 7.02 | -351.7% |
| 2011 | 8.8 | +25.3% |
| 2012 | 7.37 | -16.3% |
| 2013 | 5.45 | -26.0% |
| 2014 | 4.04 | -25.8% |
| 2015 | 3.19 | -21.1% |
| 2016 | 3.39 | +6.3% |
| 2017 | 5.15 | +51.9% |
| 2018 | 6.1 | +18.6% |
| 2019 | 5.56 | -8.9% |
| 2020 | -6.35 | -214.3% |
| 2021 | 11.07 | -274.1% |
| 2022 | 10.84 | -2.0% |
| 2023 | 7.75 | -28.6% |
| 2024 | 10.15 | +31.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 4.59 | 2.68 | 9.11 | 9 |
| 1970s | 5.91 | 1.41 | 10.97 | 10 |
| 1980s | 0.9733 | -8.99 | 4.53 | 10 |
| 1990s | -7.39 | -45.32 | 15.31 | 10 |
| 2000s | 6.84 | -2.79 | 13.16 | 10 |
| 2010s | 5.61 | 3.19 | 8.8 | 10 |
| 2020s | 6.69 | -6.35 | 11.07 | 5 |
Countries ranked near Georgia
- 1 Kosovo (UNSCR 1244) 10.37 compare
- 3 Monaco 9.42 compare
- 4 Kyrgyzstan 7.2 compare
- 5 Tajikistan 6.34 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)
- Services, value added (constant LCU), per capita 12,403 constant LCU per person (2025)
- GDP deflator (base year varies by country), annual growth rate 4.64 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current US$), annual growth 12.42 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current US$), per unit of GDP 0.8772 current US$ per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current US$), per capita 8,502 current US$ per person (2025)
- Gross value added at basic prices (GVA) (current LCU), annual growth 13.31 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current LCU), per unit of GDP 2.41 current LCU per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current LCU), per capita 23,314 current LCU per person (2025)
Frequently asked questions
- What is gdp per capita growth in Georgia?
- Gdp per capita growth in Georgia was 10.15 in 2024, according to UNICEF.
- What is the highest gdp per capita growth recorded in Georgia?
- The highest recorded value was 15.31 in 1996.
- What is the lowest gdp per capita growth recorded in Georgia?
- The lowest recorded value was -45.32 in 1992.
- How does Georgia rank for gdp per capita growth?
- Georgia ranks 2nd out of 74 countries with data for 2024.
- Is gdp per capita growth rising or falling in Georgia?
- Over the last ten years it is up 151.2%. 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 per capita growth (annual %). Statizoid updates them automatically from the source API.
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