Gross fixed capital formation, Private sector, Current prices in Georgia
Georgia: Gross fixed capital formation, Private sector, Current prices was 8.28 in 2019. ◆ Volatile
Gross fixed capital formation, Private sector, Current prices in Georgia, 1990–2019
Source: International Monetary Fund.
Analysis
The most recent figure for gross fixed capital formation, private sector, current prices in Georgia is 8.28, measured in 2019.
Compared with earlier readings it is down 0.9% on the previous year and up 481.3% over ten years.
Over the whole period, gross fixed capital formation, private sector, current prices in Georgia peaked at 8.36 in 2018 and was at its lowest, 0, in 1990.
That places Georgia 139th out of 174 countries with data for 2019, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross fixed capital formation, Private sector, Current prices in Georgia, year by year
| Year | Value | Change |
|---|---|---|
| 1990 | 0 | — |
| 1991 | 0 | +4.5% |
| 1992 | 0 | +559.2% |
| 1993 | 0.0001 | +772.8% |
| 1994 | 0.1534 | +150897.1% |
| 1995 | 0.2398 | +56.3% |
| 1996 | 0.6643 | +177.0% |
| 1997 | 0.7712 | +16.1% |
| 1998 | 1.2 | +55.8% |
| 1999 | 1.41 | +17.0% |
| 2000 | 1.53 | +8.7% |
| 2001 | 1.77 | +15.6% |
| 2002 | 1.76 | -0.4% |
| 2003 | 2.17 | +23.2% |
| 2004 | 2.36 | +9.0% |
| 2005 | 2.71 | +14.9% |
| 2006 | 2.58 | -4.8% |
| 2007 | 3.07 | +18.8% |
| 2008 | 2.73 | -11.0% |
| 2009 | 1.42 | -47.8% |
| 2010 | 2.42 | +70.1% |
| 2011 | 3.31 | +36.5% |
| 2012 | 4.05 | +22.5% |
| 2013 | 4.01 | -1.0% |
| 2014 | 5.36 | +33.6% |
| 2015 | 6.49 | +21.1% |
| 2016 | 7.79 | +20.0% |
| 2017 | 8.08 | +3.7% |
| 2018 | 8.36 | +3.5% |
| 2019 | 8.28 | -0.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.4436 | 0 | 1.41 | 10 |
| 2000s | 2.21 | 1.42 | 3.07 | 10 |
| 2010s | 5.81 | 2.42 | 8.36 | 10 |
Countries ranked near Georgia
- 136 Lithuania 8.93 compare
- 137 Tajikistan 8.92 compare
- 138 Libya 8.76 compare
- 140 Luxembourg 8.14 compare
- 141 Slovenia 7.67 compare
- 142 Azerbaijan 6.71 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)
- Manufacturing, value added (constant LCU), per capita 1,418 constant LCU per person (2025)
- Industry (including construction), value added (current US$), annual 5.98 % change on previous year (2025)
- Industry (including construction), value added (current US$), per 0.186 current US$ per US$ of GDP (2025)
- Industry (including construction), value added (current US$), per 1,803 current US$ per person (2025)
- Industry (including construction), value added (current LCU), annual 6.82 % change on previous year (2025)
- Industry (including construction), value added (current LCU), per 0.5102 current LCU per US$ of GDP (2025)
- Industry (including construction), value added (current LCU), per 4,944 current LCU per person (2025)
- Industry (including construction), value added (constant 2015 US$) 1.59 % change on previous year (2025)
Frequently asked questions
- What is gross fixed capital formation, private sector, current prices in Georgia?
- Gross fixed capital formation, private sector, current prices in Georgia was 8.28 in 2019, according to International Monetary Fund.
- What is the highest gross fixed capital formation, private sector, current prices recorded in Georgia?
- The highest recorded value was 8.36 in 2018.
- What is the lowest gross fixed capital formation, private sector, current prices recorded in Georgia?
- The lowest recorded value was 0 in 1990.
- How does Georgia rank for gross fixed capital formation, private sector, current prices?
- Georgia ranks 139th out of 174 countries with data for 2019.
- Is gross fixed capital formation, private sector, current prices rising or falling in Georgia?
- Over the last ten years it is up 481.3%. 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, Current prices, Domestic currency. Statizoid updates them automatically from the source API.
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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.