Gross domestic product (GDP), Constant prices, Purchasing power in Georgia
Georgia: Gross domestic product (GDP), Constant prices, Purchasing power was 5.15 % change on previous year in 2019. ◆ Volatile
Gross domestic product (GDP), Constant prices, Purchasing power in Georgia, 1991–2019
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for gross domestic product (gdp), constant prices, purchasing power in Georgia is 5.15 % change on previous year, measured in 2019.
The figure is up 6.3% on the previous year and up 241.0% over ten years.
Over the whole period, gross domestic product (gdp), constant prices, purchasing power in Georgia peaked at 12.58 % change on previous year in 2007 and was at its lowest, -44.5 % change on previous year, in 1992.
That places Georgia 38th out of 193 countries with data for 2019, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross domestic product (GDP), Constant prices, Purchasing power in Georgia, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1991 | -21.33 % change on previous year | — |
| 1992 | -44.5 % change on previous year | +108.6% |
| 1993 | -29.29 % change on previous year | -34.2% |
| 1994 | -10.38 % change on previous year | -64.6% |
| 1995 | 2.58 % change on previous year | -124.8% |
| 1996 | 11.29 % change on previous year | +337.9% |
| 1997 | 10.52 % change on previous year | -6.8% |
| 1998 | 3.1 % change on previous year | -70.5% |
| 1999 | 2.87 % change on previous year | -7.6% |
| 2000 | 1.84 % change on previous year | -35.9% |
| 2001 | 4.81 % change on previous year | +161.4% |
| 2002 | 5.47 % change on previous year | +13.9% |
| 2003 | 11.06 % change on previous year | +102.0% |
| 2004 | 5.8 % change on previous year | -47.6% |
| 2005 | 9.59 % change on previous year | +65.4% |
| 2006 | 9.42 % change on previous year | -1.7% |
| 2007 | 12.58 % change on previous year | +33.5% |
| 2008 | 2.42 % change on previous year | -80.8% |
| 2009 | -3.65 % change on previous year | -251.0% |
| 2010 | 6.25 % change on previous year | -271.2% |
| 2011 | 7.36 % change on previous year | +17.8% |
| 2012 | 6.42 % change on previous year | -12.8% |
| 2013 | 3.62 % change on previous year | -43.7% |
| 2014 | 4.44 % change on previous year | +22.8% |
| 2015 | 3.03 % change on previous year | -31.9% |
| 2016 | 2.91 % change on previous year | -4.0% |
| 2017 | 4.84 % change on previous year | +66.7% |
| 2018 | 4.84 % change on previous year | -0.0% |
| 2019 | 5.15 % change on previous year | +6.3% |
Georgia compared with similar countries
- Georgia's 5.15 % change on previous year is above the median for upper middle income countries, which is 2.68 % change on previous year, 1.9× the median. (57 countries reporting)
- Georgia's 5.15 % change on previous year is above the median for Europe & Central Asia, which is 2.4 % change on previous year, 2.1× the median. (49 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | -8.35 % change on previous year | -44.5 % change on previous year | 11.29 % change on previous year | 9 |
| 2000s | 5.93 % change on previous year | -3.65 % change on previous year | 12.58 % change on previous year | 10 |
| 2010s | 4.89 % change on previous year | 2.91 % change on previous year | 7.36 % change on previous year | 10 |
Countries ranked near Georgia
- 35 Togo 5.3 % change on previous year compare
- 36 Malawi 5.24 % change on previous year compare
- 37 Senegal 5.22 % change on previous year compare
- 39 Dominican Republic 5.05 % change on previous year compare
- 40 Indonesia 5.02 % change on previous year compare
- 41 Estonia 4.91 % change on previous year 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)
- IMF holdings of currency, SDR, annual growth rate -12.07 % change on previous year (2025)
- IMF holdings of currency, SDR, per unit of GDP 0.0142 units per US$ of GDP (2025)
- IMF holdings of currency, SDR, per capita 137.32 units per person (2025)
- Lending to the IMF (GRA), SDR, per capita 0 units per person (2025)
- SDR Allocation, US dollar, annual growth rate 5.01 % change on previous year (2025)
- SDR Allocation, US dollar, per unit of GDP 0.0124 units per US$ of GDP (2025)
- SDR Allocation, US dollar, per capita 120.26 units per person (2025)
- SDR Allocation, SDR, annual growth rate 0 % change on previous year (2025)
Frequently asked questions
- What is gross domestic product (gdp), constant prices, purchasing power in Georgia?
- Gross domestic product (gdp), constant prices, purchasing power in Georgia was 5.15 % change on previous year in 2019, according to Statizoid (derived).
- What is the highest gross domestic product (gdp), constant prices, purchasing power recorded in Georgia?
- The highest recorded value was 12.58 % change on previous year in 2007.
- What is the lowest gross domestic product (gdp), constant prices, purchasing power recorded in Georgia?
- The lowest recorded value was -44.5 % change on previous year in 1992.
- How does Georgia rank for gross domestic product (gdp), constant prices, purchasing power?
- Georgia ranks 38th out of 193 countries with data for 2019.
- Is gross domestic product (gdp), constant prices, purchasing power rising or falling in Georgia?
- Over the last ten years it is up 241.0%. The long-run trend across the full record is volatile.
- Where does this Georgia data come from?
- The figures come from Statizoid (derived), published as part of Gross domestic product (GDP), Constant prices, Purchasing power parity (PPP) international dollar, ICP benchmark 2017, annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 29 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Gross domestic product (GDP), Constant prices, Purchasing power parity (PPP) international dollar, ICP benchmark 2017. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Gross domestic product (GDP), Constant prices, Purchasing power International Monetary Fund
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Gross domestic product (GDP), Constant prices, Purchasing power parity (PPP) international dollar, ICP benchmark 2017. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.