Gross Domestic Product — Annual growth US$ per capita in Georgia

Georgia: Gross Domestic Product — Annual growth US$ per capita was 9.74 % in 2024. ◆ Volatile

Latest (2024)
9.74 %
Change on year
down 55.4%
World rank
34th
of 195 countries
All-time high
32.33 %
in 2022
All-time low
-42.32 %
in 1992
Years of data
34
1991–2024

Gross Domestic Product — Annual growth US$ per capita in Georgia, 1991–2024

-40-20020401991200720241991: -17.6 %1992: -42.3 %1993: -26 %1994: -6.1 %1995: 7.3 %1996: 16 %1997: 17.5 %1998: 5.6 %1999: -20.4 %2000: 12.4 %2001: 8.3 %2002: 7.6 %2003: 18.8 %2004: 29.4 %2005: 26 %2006: 21.7 %2007: 32.3 %2008: 26.6 %2009: -15.4 %2010: 10.4 %2011: 25.4 %2012: 10 %2013: 4.5 %2014: 3 %2015: -15.2 %2016: 1.4 %2017: 6.6 %2018: 8.6 %2019: -1.5 %2020: -9.2 %2021: 17.9 %2022: 32.3 %2023: 21.8 %2024: 9.7 %

Source: Food and Agriculture Organization of the United Nations. Measured in %.

Analysis

The most recent figure for gross domestic product — annual growth us$ per capita in Georgia is 9.74 %, measured in 2024.

Compared with earlier readings it is down 55.4% on the previous year and up 224.6% over ten years.

Over the whole period, gross domestic product — annual growth us$ per capita in Georgia peaked at 32.33 % in 2022 and was at its lowest, -42.32 %, in 1992.

Georgia ranks 34th of 195 countries on this measure, in the top quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Gross Domestic Product — Annual growth US$ per capita in Georgia, year by year

Annual values for Gross Domestic Product — Annual growth US$ per capita in Georgia, 1991 to 2024.
Year % Change
1991 -17.62 %
1992 -42.32 % +140.1%
1993 -26 % -38.6%
1994 -6.06 % -76.7%
1995 7.29 % -220.2%
1996 15.98 % +119.2%
1997 17.46 % +9.2%
1998 5.61 % -67.9%
1999 -20.41 % -464.0%
2000 12.42 % -160.9%
2001 8.25 % -33.6%
2002 7.57 % -8.3%
2003 18.76 % +147.9%
2004 29.35 % +56.5%
2005 26 % -11.4%
2006 21.71 % -16.5%
2007 32.3 % +48.8%
2008 26.62 % -17.6%
2009 -15.37 % -157.8%
2010 10.36 % -167.4%
2011 25.41 % +145.2%
2012 10.01 % -60.6%
2013 4.51 % -55.0%
2014 3 % -33.4%
2015 -15.23 % -607.8%
2016 1.44 % -109.4%
2017 6.64 % +361.6%
2018 8.64 % +30.2%
2019 -1.5 % -117.4%
2020 -9.22 % +513.6%
2021 17.93 % -294.5%
2022 32.33 % +80.3%
2023 21.81 % -32.5%
2024 9.74 % -55.4%

Averages by decade

DecadeAverage LowestHighest Years
1990s -7.34 % -42.32 % 17.46 % 9
2000s 16.76 % -15.37 % 32.3 % 10
2010s 5.33 % -15.23 % 25.41 % 10
2020s 14.52 % -9.22 % 32.33 % 5

Countries ranked near Georgia

  1. 31 Somalia 10.11 % compare
  2. 32 Serbia 10.11 % compare
  3. 33 Uzbekistan 9.82 % compare
  4. 35 Romania 9.71 % compare
  5. 36 Costa Rica 9.71 % compare
  6. 37 Cuba 8.91 % compare

See the full ranking of 244 places →

More economy & growth data for Georgia

All data for Georgia →

Frequently asked questions

What is gross domestic product — annual growth us$ per capita in Georgia?
Gross domestic product — annual growth us$ per capita in Georgia was 9.74 % in 2024, according to Food and Agriculture Organization of the United Nations.
What is the highest gross domestic product — annual growth us$ per capita recorded in Georgia?
The highest recorded value was 32.33 % in 2022.
What is the lowest gross domestic product — annual growth us$ per capita recorded in Georgia?
The lowest recorded value was -42.32 % in 1992.
How does Georgia rank for gross domestic product — annual growth us$ per capita?
Georgia ranks 34th out of 195 countries with data for 2024.
Is gross domestic product — annual growth us$ per capita rising or falling in Georgia?
Over the last ten years it is up 224.6%. The long-run trend across the full record is volatile.
Where does this Georgia data come from?
The figures come from Food and Agriculture Organization of the United Nations, published as part of Gross Domestic Product — Annual growth US$ per capita. Statizoid updates them automatically from the source API.

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Gross Domestic Product — Annual growth US$ per capita in Georgia. Statizoid, drawing on Food and Agriculture Organization of the United Nations. Retrieved 05 September 2026, from https://economy.statizoid.com/stat/gross-domestic-product-annual-growth-us-per-capita/georgia/

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About this data

Indicator
Gross Domestic Product — Annual growth US$ per capita
Unit
%
Source
Food and Agriculture Organization of the United Nations
Licence
CC BY-NC-SA 3.0 IGO (FAO)
Coverage
244 places, 12,467 data points, 1971–2024
Last refreshed

The FAOSTAT Macro Indicators database provides a selection of country-level macro indicators relating to total economy (Gross Domestic Product, Gross Fixed Capital Formation); agriculture activity; agriculture, forestry and fishing activity; total manufacturing activity; manufacturing of food products and beverages activity; manufacturing activity of tobacco products; and manufacturing activity of food, beverage and tobacco products.It releases time series for a selection of National Accounts variables, including gross domestic product, gross fixed capital formation, industry-level value added and gross output. The database also proposes additional indicators such as gross domestic product per capita, year-on-year growth rates and measures of industry contribution to gross domestic product. All data relating to Gross Domestic Product, Gross Fixed Capital Formation, agriculture, forestry and fishing activity, and to total manufacturing activity originates from the United Nations Statistics Division (UNSD) National Accounts Estimates of Main Aggregates database, which consists of a complete and consistent set of time series of the main National Accounts aggregates of all UN Members States and other territories in the world for which National Accounts information is available. The UNSD database's content is based on the countries' official National Accounts data reported to UNSD through the annual National Accounts Questionnaire, supplemented with data estimates for any years and countries with incomplete or inconsistent information (See http://unstats.un.org/unsd/snaama/Introduction.asp). Data series relating to the sub-industry Agriculture activity are obtained from the UNSD national accounts Official Country Data databases while series on the Manufacturing activity of food and beverages products, manufacturing activity of tobacco products and manufacturing activity of food, beverages and tobacco products originates from the United Nations Industrial Development Organization (UNIDO) INDSTAT2 database. In order to ensure that sub-industry series are consistent in levels with National Accounts based series, which is needed to support comparability across industries (agriculture vs. agro-industry and sub-industries), UNIDO originating series are rescaled on UNSD National Accounts Estimates of Main Aggregates data series (See Section 17.5 for a more detailed description of the data processing steps).