Gross Fixed Capital Formation — Value Standard Local Currency, per in Georgia
Georgia: Gross Fixed Capital Formation — Value Standard Local Currency, per was 0.2479 million SLC per square kilometre in 2023. ◆ Volatile
Gross Fixed Capital Formation — Value Standard Local Currency, per in Georgia, 1992–2023
Source: Statizoid (derived). Measured in million SLC per square kilometre.
Analysis
The most recent figure for gross fixed capital formation — value standard local currency, per in Georgia is 0.2479 million SLC per square kilometre, measured in 2023. That is the highest value across all 32 years on record.
That represents a change of up 19.7% on the previous year and up 220.6% over ten years.
Over the whole period, gross fixed capital formation — value standard local currency, per in Georgia peaked at 0.2479 million SLC per square kilometre in 2023 and was at its lowest, 0 million SLC per square kilometre, in 1992.
Georgia ranks 161st of 194 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross Fixed Capital Formation — Value Standard Local Currency, per in Georgia, year by year
| Year | million SLC per square kilometre | Change |
|---|---|---|
| 1992 | 0 million SLC per square kilometre | — |
| 1993 | 0 million SLC per square kilometre | +772.8% |
| 1994 | 0.0028 million SLC per square kilometre | +91228.8% |
| 1995 | 0.0106 million SLC per square kilometre | +278.0% |
| 1996 | 0.0106 million SLC per square kilometre | +0.6% |
| 1997 | 0.0125 million SLC per square kilometre | +17.1% |
| 1998 | 0.019 million SLC per square kilometre | +52.6% |
| 1999 | 0.022 million SLC per square kilometre | +15.8% |
| 2000 | 0.0228 million SLC per square kilometre | +3.5% |
| 2001 | 0.0269 million SLC per square kilometre | +18.2% |
| 2002 | 0.0271 million SLC per square kilometre | +0.4% |
| 2003 | 0.0338 million SLC per square kilometre | +25.1% |
| 2004 | 0.04 million SLC per square kilometre | +18.1% |
| 2005 | 0.0483 million SLC per square kilometre | +20.9% |
| 2006 | 0.0522 million SLC per square kilometre | +8.1% |
| 2007 | 0.0648 million SLC per square kilometre | +24.0% |
| 2008 | 0.0607 million SLC per square kilometre | -6.2% |
| 2009 | 0.0408 million SLC per square kilometre | -32.8% |
| 2010 | 0.0594 million SLC per square kilometre | +45.5% |
| 2011 | 0.0745 million SLC per square kilometre | +25.4% |
| 2012 | 0.0867 million SLC per square kilometre | +16.3% |
| 2013 | 0.0773 million SLC per square kilometre | -10.8% |
| 2014 | 0.0979 million SLC per square kilometre | +26.6% |
| 2015 | 0.1189 million SLC per square kilometre | +21.5% |
| 2016 | 0.1368 million SLC per square kilometre | +15.0% |
| 2017 | 0.1495 million SLC per square kilometre | +9.3% |
| 2018 | 0.1619 million SLC per square kilometre | +8.3% |
| 2019 | 0.1715 million SLC per square kilometre | +5.9% |
| 2020 | 0.1593 million SLC per square kilometre | -7.1% |
| 2021 | 0.1814 million SLC per square kilometre | +13.9% |
| 2022 | 0.2071 million SLC per square kilometre | +14.2% |
| 2023 | 0.2479 million SLC per square kilometre | +19.7% |
Georgia compared with similar countries
- Georgia's 0.2479 million SLC per square kilometre is below the median for upper middle income countries, which is 2.09 million SLC per square kilometre, 12% of the median. (54 countries reporting)
- Georgia's 0.2479 million SLC per square kilometre is below the median for Europe & Central Asia, which is 1.89 million SLC per square kilometre, 13% of the median. (52 countries reporting)
Biggest year-on-year movements
Years where Gross Fixed Capital Formation — Value Standard Local Currency, per 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 |
|---|---|---|---|
| 1994 | +91228.8% | 0 million SLC per square kilometre | 0.0028 million SLC per square kilometre |
| 1993 | +772.8% | 0 million SLC per square kilometre | 0 million SLC per square kilometre |
| 1995 | +278.0% | 0.0028 million SLC per square kilometre | 0.0106 million SLC per square kilometre |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.0097 million SLC per square kilometre | 0 million SLC per square kilometre | 0.022 million SLC per square kilometre | 8 |
| 2000s | 0.0417 million SLC per square kilometre | 0.0228 million SLC per square kilometre | 0.0648 million SLC per square kilometre | 10 |
| 2010s | 0.1134 million SLC per square kilometre | 0.0594 million SLC per square kilometre | 0.1715 million SLC per square kilometre | 10 |
| 2020s | 0.1989 million SLC per square kilometre | 0.1593 million SLC per square kilometre | 0.2479 million SLC per square kilometre | 4 |
Countries ranked near Georgia
- 158 Bahamas 0.2789 million SLC per square kilometre compare
- 159 Greece 0.2662 million SLC per square kilometre compare
- 160 Estonia 0.2496 million SLC per square kilometre compare
- 162 Turks and Caicos Islands 0.2418 million SLC per square kilometre compare
- 163 Belarus 0.2326 million SLC per square kilometre compare
- 164 Palau 0.226 million SLC per square kilometre 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)
- Foreign direct investment, net outflows (BoP, current US$), gaps 266.07 million BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.007 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 67.6 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 1.66 billion BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual 3.27 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0434 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 420.58 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 38.45 % change on previous year (2025)
Frequently asked questions
- What is gross fixed capital formation — value standard local currency, per in Georgia?
- Gross fixed capital formation — value standard local currency, per in Georgia was 0.2479 million SLC per square kilometre in 2023, according to Statizoid (derived).
- What is the highest gross fixed capital formation — value standard local currency, per recorded in Georgia?
- The highest recorded value was 0.2479 million SLC per square kilometre in 2023.
- What is the lowest gross fixed capital formation — value standard local currency, per recorded in Georgia?
- The lowest recorded value was 0 million SLC per square kilometre in 1992.
- How does Georgia rank for gross fixed capital formation — value standard local currency, per?
- Georgia ranks 161st out of 194 countries with data for 2023.
- Is gross fixed capital formation — value standard local currency, per rising or falling in Georgia?
- Over the last ten years it is up 220.6%. 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 — Value Standard Local Currency, per square kilometre. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 32 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Gross Fixed Capital Formation — Value Standard Local Currency divided by Land area (sq. km), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross Fixed Capital Formation — Value Standard Local Currency ÷ Land area (sq. km)
Computed from
- Gross Fixed Capital Formation — Value Standard Local Currency Food and Agriculture Organization of the United Nations
- Land area FAOSTAT, Food and Agriculture Organization of the United Nations (FAO)
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
Gross Fixed Capital Formation — Value Standard Local Currency divided by Land area (sq. km), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.