Gross fixed capital formation, Private sector, Constant prices in Georgia
Georgia: Gross fixed capital formation, Private sector, Constant prices was 8.77 in 2019. ◆ Volatile
Gross fixed capital formation, Private sector, Constant prices in Georgia, 1960–2019
Source: International Monetary Fund.
Analysis
Georgia recorded 8.77 for gross fixed capital formation, private sector, constant prices in 2019. That is the highest value across all 60 years on record.
Compared with earlier readings it is up 11.8% on the previous year and up 304.3% over ten years.
Over the whole period, gross fixed capital formation, private sector, constant prices in Georgia peaked at 8.77 in 2019 and was at its lowest, 0.0502, in 1993.
Georgia ranks 100th of 173 countries on this measure, in the middle of the range.
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 | Value | Change |
|---|---|---|
| 1960 | 0.9376 | — |
| 1961 | 0.9751 | +4.0% |
| 1962 | 1.01 | +4.0% |
| 1963 | 1.05 | +4.0% |
| 1964 | 1.1 | +4.0% |
| 1965 | 1.14 | +4.0% |
| 1966 | 1.19 | +4.0% |
| 1967 | 1.23 | +4.0% |
| 1968 | 1.28 | +4.0% |
| 1969 | 1.33 | +4.0% |
| 1970 | 1.39 | +4.0% |
| 1971 | 1.44 | +4.0% |
| 1972 | 1.5 | +4.0% |
| 1973 | 1.56 | +4.0% |
| 1974 | 1.62 | +4.0% |
| 1975 | 1.69 | +4.0% |
| 1976 | 1.76 | +4.0% |
| 1977 | 1.83 | +4.0% |
| 1978 | 1.9 | +4.0% |
| 1979 | 1.98 | +4.0% |
| 1980 | 2.05 | +4.0% |
| 1981 | 2.14 | +4.0% |
| 1982 | 2.22 | +4.0% |
| 1983 | 2.31 | +4.0% |
| 1984 | 2.4 | +4.0% |
| 1985 | 2.5 | +4.0% |
| 1986 | 2.6 | +4.0% |
| 1987 | 2.7 | +4.0% |
| 1988 | 2.81 | +4.0% |
| 1989 | 2.92 | +4.0% |
| 1990 | 4.98 | +70.5% |
| 1991 | 3.2 | -35.7% |
| 1992 | 1.62 | -49.4% |
| 1993 | 0.0502 | -96.9% |
| 1994 | 1.04 | +1966.5% |
| 1995 | 0.7735 | -25.4% |
| 1996 | 2.28 | +194.3% |
| 1997 | 2.48 | +9.0% |
| 1998 | 3.61 | +45.7% |
| 1999 | 3.85 | +6.7% |
| 2000 | 4 | +3.8% |
| 2001 | 4.39 | +9.7% |
| 2002 | 4.12 | -6.0% |
| 2003 | 4.92 | +19.2% |
| 2004 | 4.94 | +0.5% |
| 2005 | 5.26 | +6.4% |
| 2006 | 4.62 | -12.2% |
| 2007 | 5.01 | +8.5% |
| 2008 | 4.07 | -18.8% |
| 2009 | 2.17 | -46.7% |
| 2010 | 3.4 | +56.7% |
| 2011 | 4.25 | +25.1% |
| 2012 | 4.75 | +11.6% |
| 2013 | 4.72 | -0.5% |
| 2014 | 6.32 | +33.9% |
| 2015 | 7.31 | +15.7% |
| 2016 | 8.19 | +11.9% |
| 2017 | 8.03 | -1.9% |
| 2018 | 7.84 | -2.3% |
| 2019 | 8.77 | +11.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 1.13 | 0.9376 | 1.33 | 10 |
| 1970s | 1.67 | 1.39 | 1.98 | 10 |
| 1980s | 2.47 | 2.05 | 2.92 | 10 |
| 1990s | 2.39 | 0.0502 | 4.98 | 10 |
| 2000s | 4.35 | 2.17 | 5.26 | 10 |
| 2010s | 6.36 | 3.4 | 8.77 | 10 |
Countries ranked near Georgia
- 97 Luxembourg 9.33 compare
- 98 Brunei 8.97 compare
- 99 Mozambique 8.87 compare
- 101 Uruguay 8.63 compare
- 102 Tunisia 8.48 compare
- 103 El Salvador 8.39 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)
- 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 fixed capital formation, private sector, constant prices in Georgia?
- Gross fixed capital formation, private sector, constant prices in Georgia was 8.77 in 2019, according to International Monetary Fund.
- What is the highest gross fixed capital formation, private sector, constant prices recorded in Georgia?
- The highest recorded value was 8.77 in 2019.
- What is the lowest gross fixed capital formation, private sector, constant prices recorded in Georgia?
- The lowest recorded value was 0.0502 in 1993.
- How does Georgia rank for gross fixed capital formation, private sector, constant prices?
- Georgia ranks 100th 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 304.3%. The long-run trend across the full record is volatile.
- Where does this Georgia data come from?
- The figures come from International Monetary Fund, published as part of Gross fixed capital formation, Private sector, Constant prices, Purchasing power parity (PPP) international dollar, ICP benchmark 2017. Statizoid updates them automatically from the source API.
Download this data
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About this data
This dataset provides comprehensive data for investment and capital stock for the general government, private sector and public-private partnerships, across the Fund member countries.