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$, 2015 prices in Georgia peaked at 25,046 million USD in 2024 and was at its lowest, 4,670 million USD, in 1994.
Georgia ranks 108th of 203 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 34 years of available data.
Gross Domestic Product — Value US$, 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% |
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
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)
- Gross value added at basic prices (GVA) (current LCU), annual growth 13.31 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current LCU), per unit of GDP 2.41 current LCU per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current LCU), per capita 23,314 current LCU per person (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), annual 7.54 % change on previous year (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), per unit 0.659 constant 2015 US$ per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), per 6,386 constant 2015 US$ per person (2025)
- Gross value added at basic prices (GVA) (constant LCU), annual growth 7.54 % change on previous year (2025)
- Gross value added at basic prices (GVA) (constant LCU), per unit of 1.72 constant LCU 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$, 2015 prices?
- Georgia ranks 108th out of 203 countries with data for 2024.
- Is gross domestic product — value us$, 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
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).