Gross domestic product (GDP), Constant prices, Purchasing power in Georgia
Georgia: Gross domestic product (GDP), Constant prices, Purchasing power was 63.46 in 2019. ▲ Rising
Gross domestic product (GDP), Constant prices, Purchasing power in Georgia, 1990–2019
Source: International Monetary Fund.
Analysis
In 2019, gross domestic product (gdp), constant prices, purchasing power in Georgia stood at 63.46. That is the highest value across all 30 years on record.
The figure is up 5.1% on the previous year and up 61.0% over ten years.
Over the whole period, gross domestic product (gdp), constant prices, purchasing power in Georgia peaked at 63.46 in 2019 and was at its lowest, 16.72, in 1994.
Georgia ranks 103rd of 193 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 30 years of available data.
Gross domestic product (GDP), Constant prices, Purchasing power in Georgia, year by year
| Year | Value | Change |
|---|---|---|
| 1990 | 60.44 | — |
| 1991 | 47.55 | -21.3% |
| 1992 | 26.39 | -44.5% |
| 1993 | 18.66 | -29.3% |
| 1994 | 16.72 | -10.4% |
| 1995 | 17.15 | +2.6% |
| 1996 | 19.09 | +11.3% |
| 1997 | 21.1 | +10.5% |
| 1998 | 21.75 | +3.1% |
| 1999 | 22.37 | +2.9% |
| 2000 | 22.79 | +1.8% |
| 2001 | 23.88 | +4.8% |
| 2002 | 25.19 | +5.5% |
| 2003 | 27.97 | +11.1% |
| 2004 | 29.59 | +5.8% |
| 2005 | 32.43 | +9.6% |
| 2006 | 35.49 | +9.4% |
| 2007 | 39.95 | +12.6% |
| 2008 | 40.92 | +2.4% |
| 2009 | 39.42 | -3.7% |
| 2010 | 41.89 | +6.2% |
| 2011 | 44.97 | +7.4% |
| 2012 | 47.86 | +6.4% |
| 2013 | 49.59 | +3.6% |
| 2014 | 51.79 | +4.4% |
| 2015 | 53.36 | +3.0% |
| 2016 | 54.91 | +2.9% |
| 2017 | 57.57 | +4.8% |
| 2018 | 60.35 | +4.8% |
| 2019 | 63.46 | +5.1% |
Georgia compared with similar countries
- Georgia's 63.46 is below the median for upper middle income countries, which is 73.89, 86% of the median. (57 countries reporting)
- Georgia's 63.46 is below the median for Europe & Central Asia, which is 268.6, 24% of the median. (49 countries reporting)
Biggest year-on-year movements
Years where Gross domestic product (GDP), Constant prices, Purchasing power in Georgia changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1992 | -44.5% | 47.55 | 26.39 |
| 1993 | -29.3% | 26.39 | 18.66 |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 27.12 | 16.72 | 60.44 | 10 |
| 2000s | 31.76 | 22.79 | 40.92 | 10 |
| 2010s | 52.57 | 41.89 | 63.46 | 10 |
Countries ranked near Georgia
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)
- Foreign direct investment, net outflows (BoP, current US$), gaps 266.07 million BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.007 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 67.6 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 1.66 billion BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual 3.27 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0434 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 420.58 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 38.45 % 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 63.46 in 2019, according to International Monetary Fund.
- What is the highest gross domestic product (gdp), constant prices, purchasing power recorded in Georgia?
- The highest recorded value was 63.46 in 2019.
- What is the lowest gross domestic product (gdp), constant prices, purchasing power recorded in Georgia?
- The lowest recorded value was 16.72 in 1994.
- How does Georgia rank for gross domestic product (gdp), constant prices, purchasing power?
- Georgia ranks 103rd 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 61.0%. The long-run trend across the full record is rising.
- Where does this Georgia data come from?
- The figures come from International Monetary Fund, published as part of Gross domestic product (GDP), Constant prices, Purchasing power parity (PPP) international dollar, ICP benchmark 2017. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 30 observations, free to reuse under IMF Terms and Conditions (attribution required).
About this data
This dataset provides comprehensive data for investment and capital stock for the general government, private sector and public-private partnerships, across the Fund member countries.