Gross Fixed Capital Formation — Value Standard Local Currency, 2015 in Georgia
Georgia: Gross Fixed Capital Formation — Value Standard Local Currency, 2015 was 12,061 million SLC in 2024. ▲ Rising
Gross Fixed Capital Formation — Value Standard Local Currency, 2015 in Georgia, 1991–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million SLC.
Analysis
The most recent figure for gross fixed capital formation — value standard local currency, 2015 in Georgia is 12,061 million SLC, measured in 2024. That is the highest value across all 34 years on record.
Compared with earlier readings it is up 15.0% on the previous year and up 68.1% over ten years.
Over the whole period, gross fixed capital formation — value standard local currency, 2015 in Georgia peaked at 12,061 million SLC in 2024 and was at its lowest, 95.56 million SLC, in 1993.
That places Georgia 132nd out of 194 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 34 years of available data.
Gross Fixed Capital Formation — Value Standard Local Currency, 2015 in Georgia, year by year
| Year | million SLC | Change |
|---|---|---|
| 1991 | 6,099 million SLC | — |
| 1992 | 3,089 million SLC | -49.4% |
| 1993 | 95.56 million SLC | -96.9% |
| 1994 | 1,194 million SLC | +1149.9% |
| 1995 | 2,154 million SLC | +80.3% |
| 1996 | 2,301 million SLC | +6.9% |
| 1997 | 2,529 million SLC | +9.9% |
| 1998 | 3,609 million SLC | +42.7% |
| 1999 | 3,808 million SLC | +5.5% |
| 2000 | 3,766 million SLC | -1.1% |
| 2001 | 4,224 million SLC | +12.2% |
| 2002 | 4,005 million SLC | -5.2% |
| 2003 | 4,844 million SLC | +20.9% |
| 2004 | 5,277 million SLC | +8.9% |
| 2005 | 5,911 million SLC | +12.0% |
| 2006 | 5,890 million SLC | -0.4% |
| 2007 | 6,673 million SLC | +13.3% |
| 2008 | 5,709 million SLC | -14.4% |
| 2009 | 3,922 million SLC | -31.3% |
| 2010 | 5,257 million SLC | +34.0% |
| 2011 | 6,025 million SLC | +14.6% |
| 2012 | 6,351 million SLC | +5.4% |
| 2013 | 5,664 million SLC | -10.8% |
| 2014 | 7,173 million SLC | +26.6% |
| 2015 | 8,264 million SLC | +15.2% |
| 2016 | 8,816 million SLC | +6.7% |
| 2017 | 9,074 million SLC | +2.9% |
| 2018 | 9,245 million SLC | +1.9% |
| 2019 | 9,218 million SLC | -0.3% |
| 2020 | 8,014 million SLC | -13.1% |
| 2021 | 7,632 million SLC | -4.8% |
| 2022 | 8,387 million SLC | +9.9% |
| 2023 | 10,486 million SLC | +25.0% |
| 2024 | 12,061 million SLC | +15.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 2,764 million SLC | 95.56 million SLC | 6,099 million SLC | 9 |
| 2000s | 5,022 million SLC | 3,766 million SLC | 6,673 million SLC | 10 |
| 2010s | 7,509 million SLC | 5,257 million SLC | 9,245 million SLC | 10 |
| 2020s | 9,316 million SLC | 7,632 million SLC | 12,061 million SLC | 5 |
Countries ranked near Georgia
- 129 Trinidad and Tobago 13,624 million SLC compare
- 130 Puerto Rico 13,366 million SLC compare
- 131 Lithuania 12,566 million SLC compare
- 133 Azerbaijan 11,999 million SLC compare
- 134 Luxembourg 10,037 million SLC compare
- 135 Lesotho 9,764 million SLC 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)
- GDP (current US$), annual growth rate 11.57 % change on previous year (2025)
- GDP (current US$), per capita 9,692 current US$ per person (2025)
- GDP (current LCU), annual growth rate 12.44 % change on previous year (2025)
- GDP (current LCU), per unit of GDP 2.74 current LCU per US$ of GDP (2025)
- GDP (current LCU), per capita 26,576 current LCU per person (2025)
- GDP (constant 2015 US$), annual growth rate 7.46 % change on previous year (2025)
- GDP (constant 2015 US$), per unit of GDP 0.7096 constant 2015 US$ per US$ of GDP (2025)
- GDP (constant 2015 US$), per capita 6,877 constant 2015 US$ per person (2025)
Frequently asked questions
- What is gross fixed capital formation — value standard local currency, 2015 in Georgia?
- Gross fixed capital formation — value standard local currency, 2015 in Georgia was 12,061 million SLC in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross fixed capital formation — value standard local currency, 2015 recorded in Georgia?
- The highest recorded value was 12,061 million SLC in 2024.
- What is the lowest gross fixed capital formation — value standard local currency, 2015 recorded in Georgia?
- The lowest recorded value was 95.56 million SLC in 1993.
- How does Georgia rank for gross fixed capital formation — value standard local currency, 2015?
- Georgia ranks 132nd out of 194 countries with data for 2024.
- Is gross fixed capital formation — value standard local currency, 2015 rising or falling in Georgia?
- Over the last ten years it is up 68.1%. The long-run trend across the full record is rising.
- Where does this Georgia data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Gross Fixed Capital Formation — Value Standard Local Currency, 2015 prices. 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).