Gross Domestic Product — Value US$, 2015 prices in Georgia
Georgia: Gross Domestic Product — Value US$, 2015 prices was 25,046 million USD in 2024. ▲ Rising
Gross Domestic Product — Value US$, 2015 prices in Georgia, 1991–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million USD.
Analysis
In 2024, gross domestic product — value us$, 2015 prices in Georgia stood at 25,046 million USD. 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 us$, 2015 prices in Georgia peaked at 25,046 million USD in 2024 and was at its lowest, 4,670 million USD, in 1994.
Georgia ranks 124th of 236 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 34 years of available data.
Gross Domestic Product — Value US$, 2015 prices in Georgia, year by year
| Year | million USD | Change |
|---|---|---|
| 1991 | 13,280 million USD | — |
| 1992 | 7,370 million USD | -44.5% |
| 1993 | 5,211 million USD | -29.3% |
| 1994 | 4,670 million USD | -10.4% |
| 1995 | 4,791 million USD | +2.6% |
| 1996 | 5,331 million USD | +11.3% |
| 1997 | 5,892 million USD | +10.5% |
| 1998 | 6,075 million USD | +3.1% |
| 1999 | 6,249 million USD | +2.9% |
| 2000 | 6,364 million USD | +1.8% |
| 2001 | 6,670 million USD | +4.8% |
| 2002 | 7,035 million USD | +5.5% |
| 2003 | 7,813 million USD | +11.1% |
| 2004 | 8,266 million USD | +5.8% |
| 2005 | 9,058 million USD | +9.6% |
| 2006 | 9,912 million USD | +9.4% |
| 2007 | 11,159 million USD | +12.6% |
| 2008 | 11,428 million USD | +2.4% |
| 2009 | 11,011 million USD | -3.6% |
| 2010 | 11,700 million USD | +6.2% |
| 2011 | 12,630 million USD | +7.9% |
| 2012 | 13,460 million USD | +6.6% |
| 2013 | 14,151 million USD | +5.1% |
| 2014 | 14,730 million USD | +4.1% |
| 2015 | 15,224 million USD | +3.4% |
| 2016 | 15,749 million USD | +3.4% |
| 2017 | 16,562 million USD | +5.2% |
| 2018 | 17,566 million USD | +6.1% |
| 2019 | 18,511 million USD | +5.4% |
| 2020 | 17,346 million USD | -6.3% |
| 2021 | 19,193 million USD | +10.6% |
| 2022 | 21,296 million USD | +11.0% |
| 2023 | 22,888 million USD | +7.5% |
| 2024 | 25,046 million USD | +9.4% |
Georgia compared with similar countries
- Georgia's 25,046 million USD is below the median for upper middle income countries, which is 41,712 million USD, 60% of the median. (54 countries reporting)
- Georgia's 25,046 million USD is below the median for Europe & Central Asia, which is 69,817 million USD, 36% of the median. (52 countries reporting)
Biggest year-on-year movements
Years where Gross Domestic Product — Value US$, 2015 prices in Georgia changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1992 | -44.5% | 13,280 million USD | 7,370 million USD |
| 1993 | -29.3% | 7,370 million USD | 5,211 million USD |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 6,541 million USD | 4,670 million USD | 13,280 million USD | 9 |
| 2000s | 8,872 million USD | 6,364 million USD | 11,428 million USD | 10 |
| 2010s | 15,028 million USD | 11,700 million USD | 18,511 million USD | 10 |
| 2020s | 21,154 million USD | 17,346 million USD | 25,046 million USD | 5 |
Countries ranked near Georgia
- 121 Estonia 27,503 million USD compare
- 122 Guyana 27,210 million USD compare
- 123 Papua New Guinea 26,696 million USD compare
- 125 Zimbabwe 23,616 million USD compare
- 126 Iceland 23,366 million USD compare
- 127 Lao People's Democratic Republic 22,420 million USD compare
- 127 Laos 22,420 million USD compare
More economy & growth data for Georgia
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 5.32 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 5 Percent per annum (2029)
- SDRs holdings, US dollar, annual growth rate 5.21 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0124 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 120.64 units per person (2025)
- SDRs holdings, SDR, annual growth rate 0.1872 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0091 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 88.09 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate -7.66 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0194 units per US$ of GDP (2025)
Frequently asked questions
- What is gross domestic product — value us$, 2015 prices in Georgia?
- Gross domestic product — value us$, 2015 prices in Georgia was 25,046 million USD in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross domestic product — value us$, 2015 prices recorded in Georgia?
- The highest recorded value was 25,046 million USD in 2024.
- What is the lowest gross domestic product — value us$, 2015 prices recorded in Georgia?
- The lowest recorded value was 4,670 million USD in 1994.
- How does Georgia rank for gross domestic product — value us$, 2015 prices?
- Georgia ranks 124th out of 236 countries with data for 2024.
- Is gross domestic product — value us$, 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 US$, 2015 prices. Statizoid updates them automatically from the source API.
Download this data
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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).