Gross Domestic Product — Value Standard Local Currency, 2015 prices in Georgia
Georgia: Gross Domestic Product — Value Standard Local Currency, 2015 prices was 56,838 million SLC in 2024. ▲ Rising
Gross Domestic Product — Value Standard Local Currency, 2015 prices in Georgia, 1991–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million SLC.
Analysis
In 2024, gross domestic product — value standard local currency, 2015 prices in Georgia stood at 56,838 million SLC. That is the highest value across all 34 years on record.
Compared with earlier readings it is up 9.4% on the previous year and up 70.0% over ten years.
Over the whole period, gross domestic product — value standard local currency, 2015 prices in Georgia peaked at 56,838 million SLC in 2024 and was at its lowest, 10,598 million SLC, in 1994.
Georgia ranks 136th of 194 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 34 years of available data.
Gross Domestic Product — Value Standard Local Currency, 2015 prices in Georgia, year by year
| Year | million SLC | Change |
|---|---|---|
| 1991 | 30,136 million SLC | — |
| 1992 | 16,725 million SLC | -44.5% |
| 1993 | 11,826 million SLC | -29.3% |
| 1994 | 10,598 million SLC | -10.4% |
| 1995 | 10,872 million SLC | +2.6% |
| 1996 | 12,098 million SLC | +11.3% |
| 1997 | 13,371 million SLC | +10.5% |
| 1998 | 13,786 million SLC | +3.1% |
| 1999 | 14,182 million SLC | +2.9% |
| 2000 | 14,443 million SLC | +1.8% |
| 2001 | 15,137 million SLC | +4.8% |
| 2002 | 15,965 million SLC | +5.5% |
| 2003 | 17,731 million SLC | +11.1% |
| 2004 | 18,758 million SLC | +5.8% |
| 2005 | 20,557 million SLC | +9.6% |
| 2006 | 22,493 million SLC | +9.4% |
| 2007 | 25,323 million SLC | +12.6% |
| 2008 | 25,935 million SLC | +2.4% |
| 2009 | 24,988 million SLC | -3.7% |
| 2010 | 26,550 million SLC | +6.2% |
| 2011 | 28,661 million SLC | +7.9% |
| 2012 | 30,546 million SLC | +6.6% |
| 2013 | 32,114 million SLC | +5.1% |
| 2014 | 33,428 million SLC | +4.1% |
| 2015 | 34,548 million SLC | +3.4% |
| 2016 | 35,740 million SLC | +3.4% |
| 2017 | 37,585 million SLC | +5.2% |
| 2018 | 39,863 million SLC | +6.1% |
| 2019 | 42,008 million SLC | +5.4% |
| 2020 | 39,365 million SLC | -6.3% |
| 2021 | 43,555 million SLC | +10.6% |
| 2022 | 48,328 million SLC | +11.0% |
| 2023 | 51,940 million SLC | +7.5% |
| 2024 | 56,838 million SLC | +9.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 14,844 million SLC | 10,598 million SLC | 30,136 million SLC | 9 |
| 2000s | 20,133 million SLC | 14,443 million SLC | 25,935 million SLC | 10 |
| 2010s | 34,104 million SLC | 26,550 million SLC | 42,008 million SLC | 10 |
| 2020s | 48,005 million SLC | 39,365 million SLC | 56,838 million SLC | 5 |
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)
- Exports of goods and services (current LCU), annual growth rate 11.48 % change on previous year (2025)
- Exports of goods and services (current LCU), per unit of GDP 1.3 current LCU per US$ of GDP (2025)
- Exports of goods and services (current LCU), per capita 12,599 current LCU per person (2025)
- Exports of goods and services (constant 2015 US$), annual growth rate 7.02 % change on previous year (2025)
- Exports of goods and services (constant 2015 US$), per unit of GDP 0.3031 constant 2015 US$ per US$ of GDP (2025)
- Exports of goods and services (constant 2015 US$), per capita 2,937 constant 2015 US$ per person (2025)
- Gross fixed capital formation (current US$), annual growth rate -0.4676 % change on previous year (2025)
- Gross fixed capital formation (current US$), per unit of GDP 0.1902 current US$ per US$ of GDP (2025)
Frequently asked questions
- What is gross domestic product — value standard local currency, 2015 prices in Georgia?
- Gross domestic product — value standard local currency, 2015 prices in Georgia was 56,838 million SLC in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross domestic product — value standard local currency, 2015 prices recorded in Georgia?
- The highest recorded value was 56,838 million SLC in 2024.
- What is the lowest gross domestic product — value standard local currency, 2015 prices recorded in Georgia?
- The lowest recorded value was 10,598 million SLC in 1994.
- How does Georgia rank for gross domestic product — value standard local currency, 2015 prices?
- Georgia ranks 136th out of 194 countries with data for 2024.
- Is gross domestic product — value standard local currency, 2015 prices rising or falling in Georgia?
- Over the last ten years it is up 70.0%. The long-run trend across the full record is rising.
- 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 — Value Standard Local Currency, 2015 prices. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 34 observations, free to reuse under CC BY-NC-SA 3.0 IGO (FAO).
About this data
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).