Gross Domestic Product — Value US$ in Georgia
Georgia: Gross Domestic Product — Value US$ was 33,510 million USD in 2024. ◆ Volatile
Gross Domestic Product — Value US$ in Georgia, 1991–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million USD.
Analysis
The most recent figure for gross domestic product — value us$ in Georgia is 33,510 million USD, measured in 2024. That is the highest value across all 34 years on record.
That represents a change of up 9.7% on the previous year and up 86.5% over ten years.
Over the whole period, gross domestic product — value us$ in Georgia peaked at 33,510 million USD in 2024 and was at its lowest, 2,715 million USD, in 1994.
That places Georgia 120th out of 236 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross Domestic Product — Value US$ in Georgia, year by year
| Year | million USD | Change |
|---|---|---|
| 1991 | 7,220 million USD | — |
| 1992 | 4,098 million USD | -43.2% |
| 1993 | 2,967 million USD | -27.6% |
| 1994 | 2,715 million USD | -8.5% |
| 1995 | 2,844 million USD | +4.7% |
| 1996 | 3,223 million USD | +13.3% |
| 1997 | 3,693 million USD | +14.6% |
| 1998 | 3,801 million USD | +2.9% |
| 1999 | 2,946 million USD | -22.5% |
| 2000 | 3,217 million USD | +9.2% |
| 2001 | 3,387 million USD | +5.3% |
| 2002 | 3,572 million USD | +5.5% |
| 2003 | 4,199 million USD | +17.5% |
| 2004 | 5,392 million USD | +28.4% |
| 2005 | 6,744 million USD | +25.1% |
| 2006 | 8,148 million USD | +20.8% |
| 2007 | 10,702 million USD | +31.3% |
| 2008 | 13,460 million USD | +25.8% |
| 2009 | 11,326 million USD | -15.9% |
| 2010 | 12,427 million USD | +9.7% |
| 2011 | 15,476 million USD | +24.5% |
| 2012 | 16,894 million USD | +9.2% |
| 2013 | 17,518 million USD | +3.7% |
| 2014 | 17,966 million USD | +2.6% |
| 2015 | 15,224 million USD | -15.3% |
| 2016 | 15,445 million USD | +1.5% |
| 2017 | 16,473 million USD | +6.7% |
| 2018 | 17,905 million USD | +8.7% |
| 2019 | 17,645 million USD | -1.5% |
| 2020 | 16,014 million USD | -9.2% |
| 2021 | 18,849 million USD | +17.7% |
| 2022 | 24,985 million USD | +32.5% |
| 2023 | 30,536 million USD | +22.2% |
| 2024 | 33,510 million USD | +9.7% |
Georgia compared with similar countries
- Georgia's 33,510 million USD is below the median for upper middle income countries, which is 44,912 million USD, 75% of the median. (54 countries reporting)
- Georgia's 33,510 million USD is below the median for Europe & Central Asia, which is 97,163 million USD, 34% of the median. (52 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 3,723 million USD | 2,715 million USD | 7,220 million USD | 9 |
| 2000s | 7,015 million USD | 3,217 million USD | 13,460 million USD | 10 |
| 2010s | 16,297 million USD | 12,427 million USD | 17,966 million USD | 10 |
| 2020s | 24,779 million USD | 16,014 million USD | 33,510 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)
- 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$ in Georgia?
- Gross domestic product — value us$ in Georgia was 33,510 million USD in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross domestic product — value us$ recorded in Georgia?
- The highest recorded value was 33,510 million USD in 2024.
- What is the lowest gross domestic product — value us$ recorded in Georgia?
- The lowest recorded value was 2,715 million USD in 1994.
- How does Georgia rank for gross domestic product — value us$?
- Georgia ranks 120th out of 236 countries with data for 2024.
- Is gross domestic product — value us$ rising or falling in Georgia?
- Over the last ten years it is up 86.5%. The long-run trend across the full record is volatile.
- 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$. 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).