Gross fixed capital formation, private sector in Georgia
Georgia: Gross fixed capital formation, private sector was 22.9% in 2002. ◆ Volatile
Gross fixed capital formation, private sector in Georgia, 1993–2002
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in % of GDP.
Analysis
The most recent figure for gross fixed capital formation, private sector in Georgia is 22.9%, measured in 2002.
Compared with earlier readings it is down 10.9% on the previous year and up 1,468.8% over ten years.
Over the whole period, gross fixed capital formation, private sector in Georgia peaked at 25.7% in 2001 and was at its lowest, 0.0%, in 1994.
Georgia ranks 25th of 106 countries on this measure, 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 in Georgia, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1993 | 1.5% | — |
| 1994 | 0.0% | -100.0% |
| 1995 | 1.3% | — |
| 1996 | 16.7% | +1167.9% |
| 1997 | 16.4% | -1.4% |
| 1998 | 23.2% | +41.3% |
| 1999 | 24.1% | +3.7% |
| 2000 | 24.5% | +1.9% |
| 2001 | 25.7% | +4.6% |
| 2002 | 22.9% | -10.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 11.9% | 0.0% | 24.1% | 7 |
| 2000s | 24.4% | 22.9% | 25.7% | 3 |
Countries ranked near Georgia
- 22 Republic of Korea 23.8% compare
- 23 Brazil 23.7%
- 24 Tanzania, United Republic of 23.0% compare
- 26 Gambia 22.6% compare
- 27 Republic of Moldova 22.6% compare
- 28 Chile 22.4% 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 capital formation (current US$), annual growth rate -3.1 % change on previous year (2025)
- Gross capital formation (current US$), per unit of GDP 0.2128 current US$ per US$ of GDP (2025)
- Gross capital formation (current US$), per capita 2,062 current US$ per person (2025)
- Gross capital formation (current LCU), annual growth rate -2.34 % change on previous year (2025)
- Gross capital formation (current LCU), per unit of GDP 0.5835 current LCU per US$ of GDP (2025)
- Gross capital formation (current LCU), per capita 5,655 current LCU per person (2025)
- Gross capital formation (constant 2015 US$), annual growth rate -5.47 % change on previous year (2025)
- Gross capital formation (constant 2015 US$), per unit of GDP 0.1468 constant 2015 US$ per US$ of GDP (2025)
Frequently asked questions
- What is gross fixed capital formation, private sector in Georgia?
- Gross fixed capital formation, private sector in Georgia was 22.9% in 2002, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gross fixed capital formation, private sector recorded in Georgia?
- The highest recorded value was 25.7% in 2001.
- What is the lowest gross fixed capital formation, private sector recorded in Georgia?
- The lowest recorded value was 0.0% in 1994.
- How does Georgia rank for gross fixed capital formation, private sector?
- Georgia ranks 25th out of 106 countries with data for 2002.
- Is gross fixed capital formation, private sector rising or falling in Georgia?
- Over the last ten years it is up 1,468.8%. The long-run trend across the full record is volatile.
- Where does this Georgia data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Gross fixed capital formation, private sector (% of GDP). Statizoid updates them automatically from the source API.
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About this data
Private investment covers outlays by the private sector (including private nonprofit agencies) on additions to its fixed domestic assets. Gross fixed capital formation includes acquisitions less disposals of fixed assets during the accounting period, including certain specified expenditures on services that add to the value of non-produced assets. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.