Gross fixed capital formation, Private sector, Constant prices in Georgia
Georgia: Gross fixed capital formation, Private sector, Constant prices was 11.8 % change on previous year in 2019. ◆ Volatile
Gross fixed capital formation, Private sector, Constant prices in Georgia, 1961–2019
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Georgia recorded 11.8 % change on previous year for gross fixed capital formation, private sector, constant prices in 2019.
The figure is up 610.1% on the previous year and up 125.3% over ten years.
Over the whole period, gross fixed capital formation, private sector, constant prices in Georgia peaked at 194.33 % change on previous year in 1996 and was at its lowest, -96.91 % change on previous year, in 1993.
That places Georgia 34th out of 173 countries with data for 2019, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross fixed capital formation, Private sector, Constant prices in Georgia, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1961 | 4 % change on previous year | — |
| 1962 | 4 % change on previous year | +0.0% |
| 1963 | 4 % change on previous year | -0.0% |
| 1964 | 4 % change on previous year | +0.0% |
| 1965 | 4 % change on previous year | -0.0% |
| 1966 | 4 % change on previous year | +0.0% |
| 1967 | 4 % change on previous year | -0.0% |
| 1968 | 4 % change on previous year | +0.0% |
| 1969 | 4 % change on previous year | -0.0% |
| 1970 | 4 % change on previous year | +0.0% |
| 1971 | 4 % change on previous year | -0.0% |
| 1972 | 4 % change on previous year | -0.0% |
| 1973 | 4 % change on previous year | +0.0% |
| 1974 | 4 % change on previous year | -0.0% |
| 1975 | 4 % change on previous year | +0.0% |
| 1976 | 4 % change on previous year | +0.0% |
| 1977 | 4 % change on previous year | -0.0% |
| 1978 | 4 % change on previous year | +0.0% |
| 1979 | 4 % change on previous year | +0.0% |
| 1980 | 4 % change on previous year | -0.0% |
| 1981 | 4 % change on previous year | -0.0% |
| 1982 | 4 % change on previous year | +0.0% |
| 1983 | 4 % change on previous year | -0.0% |
| 1984 | 4 % change on previous year | +0.0% |
| 1985 | 4 % change on previous year | -0.0% |
| 1986 | 4 % change on previous year | -0.0% |
| 1987 | 4 % change on previous year | +0.0% |
| 1988 | 4 % change on previous year | +0.0% |
| 1989 | 4 % change on previous year | -0.0% |
| 1990 | 70.46 % change on previous year | +1661.6% |
| 1991 | -35.72 % change on previous year | -150.7% |
| 1992 | -49.35 % change on previous year | +38.2% |
| 1993 | -96.91 % change on previous year | +96.4% |
| 1995 | -25.44 % change on previous year | -73.8% |
| 1996 | 194.33 % change on previous year | -864.0% |
| 1997 | 8.96 % change on previous year | -95.4% |
| 1998 | 45.67 % change on previous year | +409.7% |
| 1999 | 6.66 % change on previous year | -85.4% |
| 2000 | 3.8 % change on previous year | -42.9% |
| 2001 | 9.66 % change on previous year | +154.2% |
| 2002 | -5.98 % change on previous year | -161.9% |
| 2003 | 19.16 % change on previous year | -420.2% |
| 2004 | 0.5117 % change on previous year | -97.3% |
| 2005 | 6.43 % change on previous year | +1155.9% |
| 2006 | -12.22 % change on previous year | -290.1% |
| 2007 | 8.49 % change on previous year | -169.5% |
| 2008 | -18.81 % change on previous year | -321.6% |
| 2009 | -46.66 % change on previous year | +148.0% |
| 2010 | 56.72 % change on previous year | -221.6% |
| 2011 | 25.08 % change on previous year | -55.8% |
| 2012 | 11.65 % change on previous year | -53.6% |
| 2013 | -0.5475 % change on previous year | -104.7% |
| 2014 | 33.94 % change on previous year | -6299.3% |
| 2015 | 15.68 % change on previous year | -53.8% |
| 2016 | 11.95 % change on previous year | -23.8% |
| 2017 | -1.93 % change on previous year | -116.2% |
| 2018 | -2.31 % change on previous year | +19.7% |
| 2019 | 11.8 % change on previous year | -610.1% |
Georgia compared with similar countries
- Georgia's 11.8 % change on previous year is above the median for upper middle income countries, which is 4 % change on previous year, 2.9× the median. (50 countries reporting)
- Georgia's 11.8 % change on previous year is above the median for Europe & Central Asia, which is 5.1 % change on previous year, 2.3× the median. (46 countries reporting)
Biggest year-on-year movements
Years where Gross fixed capital formation, Private sector, Constant 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 |
|---|---|---|---|
| 2014 | +6299.3% | -0.5475 % change on previous year | 33.94 % change on previous year |
| 1990 | +1661.6% | 4 % change on previous year | 70.46 % change on previous year |
| 2005 | +1155.9% | 0.5117 % change on previous year | 6.43 % change on previous year |
| 1996 | +864.0% | -25.44 % change on previous year | 194.33 % change on previous year |
| 2019 | +610.1% | -2.31 % change on previous year | 11.8 % change on previous year |
| 2003 | +420.2% | -5.98 % change on previous year | 19.16 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 4 % change on previous year | 4 % change on previous year | 4 % change on previous year | 9 |
| 1970s | 4 % change on previous year | 4 % change on previous year | 4 % change on previous year | 10 |
| 1980s | 4 % change on previous year | 4 % change on previous year | 4 % change on previous year | 10 |
| 1990s | 13.19 % change on previous year | -96.91 % change on previous year | 194.33 % change on previous year | 9 |
| 2000s | -3.56 % change on previous year | -46.66 % change on previous year | 19.16 % change on previous year | 10 |
| 2010s | 16.2 % change on previous year | -2.31 % change on previous year | 56.72 % change on previous year | 10 |
Countries ranked near Georgia
- 31 Nepal 12.78 % change on previous year compare
- 32 Moldova 12.39 % change on previous year compare
- 33 Botswana 12.1 % change on previous year compare
- 35 Niger 11.34 % change on previous year compare
- 36 Mongolia 10.95 % change on previous year compare
- 37 Poland 10.6 % change on previous year 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)
- IMF holdings of currency, SDR, annual growth rate -12.07 % change on previous year (2025)
- IMF holdings of currency, SDR, per unit of GDP 0.0142 units per US$ of GDP (2025)
- IMF holdings of currency, SDR, per capita 137.32 units per person (2025)
- Lending to the IMF (GRA), SDR, per capita 0 units per person (2025)
- SDR Allocation, US dollar, annual growth rate 5.01 % change on previous year (2025)
- SDR Allocation, US dollar, per unit of GDP 0.0124 units per US$ of GDP (2025)
- SDR Allocation, US dollar, per capita 120.26 units per person (2025)
- SDR Allocation, SDR, annual growth rate 0 % change on previous year (2025)
Frequently asked questions
- What is gross fixed capital formation, private sector, constant prices in Georgia?
- Gross fixed capital formation, private sector, constant prices in Georgia was 11.8 % change on previous year in 2019, according to Statizoid (derived).
- What is the highest gross fixed capital formation, private sector, constant prices recorded in Georgia?
- The highest recorded value was 194.33 % change on previous year in 1996.
- What is the lowest gross fixed capital formation, private sector, constant prices recorded in Georgia?
- The lowest recorded value was -96.91 % change on previous year in 1993.
- How does Georgia rank for gross fixed capital formation, private sector, constant prices?
- Georgia ranks 34th out of 173 countries with data for 2019.
- Is gross fixed capital formation, private sector, constant prices rising or falling in Georgia?
- Over the last ten years it is up 125.3%. The long-run trend across the full record is volatile.
- Where does this Georgia data come from?
- The figures come from Statizoid (derived), published as part of Gross fixed capital formation, Private sector, Constant prices, Purchasing power parity (PPP) international dollar, ICP benchmark 2017, annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 58 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Gross fixed capital formation, Private sector, Constant prices, Purchasing power parity (PPP) international dollar, ICP benchmark 2017. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Gross fixed capital formation, Private sector, Constant prices International Monetary Fund
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
The year-on-year percentage change in Gross fixed capital formation, Private sector, Constant prices, Purchasing power parity (PPP) international dollar, ICP benchmark 2017. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.