Gross domestic product (GDP), per unit of GDP in Georgia
Georgia: Gross domestic product (GDP), per unit of GDP was 2.91 international-$ in 2021 prices per US$ of GDP in 2023. ▼ Falling
Latest (2023)
2.91 international-$ in 2021 prices per US$ of GDP
Change on year
down 13.6%
World rank
35th
of 180 countries
All-time high
9.58 international-$ in 2021 prices per US$ of GDP
in 1991
All-time low
2.72 international-$ in 2021 prices per US$ of GDP
in 2013
Years of data
34
1990–2023
Gross domestic product (GDP), per unit of GDP in Georgia, 1990–2023
Source: Statizoid (derived). Measured in international-$ in 2021 prices per US$ of GDP.
Analysis
In 2023, gross domestic product (gdp), per unit of gdp in Georgia stood at 2.91 international-$ in 2021 prices per US$ of GDP.
Compared with earlier readings it is down 13.6% on the previous year and up 6.8% over ten years.
Over the whole period, gross domestic product (gdp), per unit of gdp in Georgia peaked at 9.58 international-$ in 2021 prices per US$ of GDP in 1991 and was at its lowest, 2.72 international-$ in 2021 prices per US$ of GDP, in 2013.
That places Georgia 35th out of 180 countries with data for 2023, putting it in the top quarter.
The long-run direction has been consistently falling across the 34 years of available data.
Gross domestic product (GDP), per unit of GDP in Georgia, year by year
| Year | international-$ in 2021 prices per US$ of GDP | Change |
|---|---|---|
| 1990 | 9.1 international-$ in 2021 prices per US$ of GDP | — |
| 1991 | 9.58 international-$ in 2021 prices per US$ of GDP | +5.3% |
| 1992 | 7.19 international-$ in 2021 prices per US$ of GDP | -25.0% |
| 1993 | 6.01 international-$ in 2021 prices per US$ of GDP | -16.4% |
| 1994 | 5.62 international-$ in 2021 prices per US$ of GDP | -6.5% |
| 1995 | 5.55 international-$ in 2021 prices per US$ of GDP | -1.3% |
| 1996 | 5.62 international-$ in 2021 prices per US$ of GDP | +1.2% |
| 1997 | 5.41 international-$ in 2021 prices per US$ of GDP | -3.6% |
| 1998 | 5.12 international-$ in 2021 prices per US$ of GDP | -5.5% |
| 1999 | 6.6 international-$ in 2021 prices per US$ of GDP | +29.1% |
| 2000 | 6.05 international-$ in 2021 prices per US$ of GDP | -8.3% |
| 2001 | 6.11 international-$ in 2021 prices per US$ of GDP | +1.0% |
| 2002 | 6.21 international-$ in 2021 prices per US$ of GDP | +1.5% |
| 2003 | 5.87 international-$ in 2021 prices per US$ of GDP | -5.4% |
| 2004 | 4.98 international-$ in 2021 prices per US$ of GDP | -15.3% |
| 2005 | 4.44 international-$ in 2021 prices per US$ of GDP | -10.8% |
| 2006 | 4.23 international-$ in 2021 prices per US$ of GDP | -4.7% |
| 2007 | 3.62 international-$ in 2021 prices per US$ of GDP | -14.5% |
| 2008 | 3.02 international-$ in 2021 prices per US$ of GDP | -16.5% |
| 2009 | 3.67 international-$ in 2021 prices per US$ of GDP | +21.5% |
| 2010 | 3.36 international-$ in 2021 prices per US$ of GDP | -8.6% |
| 2011 | 2.92 international-$ in 2021 prices per US$ of GDP | -13.0% |
| 2012 | 2.79 international-$ in 2021 prices per US$ of GDP | -4.5% |
| 2013 | 2.72 international-$ in 2021 prices per US$ of GDP | -2.4% |
| 2014 | 2.83 international-$ in 2021 prices per US$ of GDP | +4.1% |
| 2015 | 3.62 international-$ in 2021 prices per US$ of GDP | +27.7% |
| 2016 | 3.77 international-$ in 2021 prices per US$ of GDP | +4.4% |
| 2017 | 3.89 international-$ in 2021 prices per US$ of GDP | +3.1% |
| 2018 | 3.73 international-$ in 2021 prices per US$ of GDP | -4.1% |
| 2019 | 4.18 international-$ in 2021 prices per US$ of GDP | +12.1% |
| 2020 | 4.45 international-$ in 2021 prices per US$ of GDP | +6.3% |
| 2021 | 4.07 international-$ in 2021 prices per US$ of GDP | -8.6% |
| 2022 | 3.36 international-$ in 2021 prices per US$ of GDP | -17.3% |
| 2023 | 2.91 international-$ in 2021 prices per US$ of GDP | -13.6% |
Georgia compared with similar countries
- Georgia's 2.91 international-$ in 2021 prices per US$ of GDP is above the median for upper middle income countries, which is 2.35 international-$ in 2021 prices per US$ of GDP, 1.2× the median. (51 countries reporting)
- Georgia's 2.91 international-$ in 2021 prices per US$ of GDP is above the median for Europe & Central Asia, which is 1.5 international-$ in 2021 prices per US$ of GDP, 1.9× the median. (48 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 6.58 international-$ in 2021 prices per US$ of GDP | 5.12 international-$ in 2021 prices per US$ of GDP | 9.58 international-$ in 2021 prices per US$ of GDP | 10 |
| 2000s | 4.82 international-$ in 2021 prices per US$ of GDP | 3.02 international-$ in 2021 prices per US$ of GDP | 6.21 international-$ in 2021 prices per US$ of GDP | 10 |
| 2010s | 3.38 international-$ in 2021 prices per US$ of GDP | 2.72 international-$ in 2021 prices per US$ of GDP | 4.18 international-$ in 2021 prices per US$ of GDP | 10 |
| 2020s | 3.7 international-$ in 2021 prices per US$ of GDP | 2.91 international-$ in 2021 prices per US$ of GDP | 4.45 international-$ in 2021 prices per US$ of GDP | 4 |
Countries ranked near Georgia
- 32 Iran 2.93 international-$ in 2021 prices per US$ of GDP compare
- 33 Tanzania 2.92 international-$ in 2021 prices per US$ of GDP compare
- 34 Azerbaijan 2.91 international-$ in 2021 prices per US$ of GDP compare
- 36 Equatorial Guinea 2.86 international-$ in 2021 prices per US$ of GDP compare
- 37 Indonesia 2.86 international-$ in 2021 prices per US$ of GDP compare
- 38 Nicaragua 2.81 international-$ in 2021 prices per US$ of GDP 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)
- 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$), annual growth rate 38.45 % change on previous year (2025)
Frequently asked questions
- What is gross domestic product (gdp), per unit of gdp in Georgia?
- Gross domestic product (gdp), per unit of gdp in Georgia was 2.91 international-$ in 2021 prices per US$ of GDP in 2023, according to Statizoid (derived).
- What is the highest gross domestic product (gdp), per unit of gdp recorded in Georgia?
- The highest recorded value was 9.58 international-$ in 2021 prices per US$ of GDP in 1991.
- What is the lowest gross domestic product (gdp), per unit of gdp recorded in Georgia?
- The lowest recorded value was 2.72 international-$ in 2021 prices per US$ of GDP in 2013.
- How does Georgia rank for gross domestic product (gdp), per unit of gdp?
- Georgia ranks 35th out of 180 countries with data for 2023.
- Is gross domestic product (gdp), per unit of gdp rising or falling in Georgia?
- Over the last ten years it is up 6.8%. The long-run trend across the full record is falling.
- Where does this Georgia data come from?
- The figures come from Statizoid (derived), published as part of Gross domestic product (GDP), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Gross domestic product (GDP) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross domestic product (GDP) ÷ GDP (current US$)
Computed from
- Gross domestic product (GDP) Feenstra et al. – Penn World Table (2025) – with major processing by Our World in Data
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
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
Gross domestic product (GDP) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.