Gross Fixed Capital Formation — Value Standard Local Currency in Georgia
Georgia: Gross Fixed Capital Formation — Value Standard Local Currency was 20,108 million SLC in 2024. ◆ Volatile
Gross Fixed Capital Formation — Value Standard Local Currency in Georgia, 1991–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million SLC.
Analysis
Georgia recorded 20,108 million SLC for gross fixed capital formation — value standard local currency in 2024. That is the highest value across all 34 years on record.
Compared with earlier readings it is up 16.7% on the previous year and up 195.6% over ten years.
Over the whole period, gross fixed capital formation — value standard local currency in Georgia peaked at 20,108 million SLC in 2024 and was at its lowest, 0.0037 million SLC, in 1991.
Georgia ranks 138th of 199 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.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 598.57 million SLC | 0.0037 million SLC | 1,530 million SLC | 9 |
| 2000s | 2,901 million SLC | 1,584 million SLC | 4,501 million SLC | 10 |
| 2010s | 7,882 million SLC | 4,129 million SLC | 11,916 million SLC | 10 |
| 2020s | 15,080 million SLC | 11,070 million SLC | 20,108 million SLC | 5 |
Countries ranked near Georgia
- 135 Ecuador 22,291 million SLC compare
- 136 Trinidad and Tobago 20,351 million SLC compare
- 137 Croatia 20,237 million SLC compare
- 139 Azerbaijan 18,093 million SLC compare
- 140 Puerto Rico 17,884 million SLC compare
- 141 Lithuania 17,718 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)
- Special drawing rights per domestic currency (End-of-period (EoP)) 0.2709 (2025)
- Domestic currency per Special drawing rights (End-of-period (EoP)) 3.69 (2025)
- Domestic currency per US dollar (End-of-period (EoP)) 2.7 (2025)
- US dollar per domestic currency (End-of-period (EoP)) 0.371 (2025)
- Gdp worldbank constant usd, annual growth rate 7.46 % change on previous year (2025)
- Gdp worldbank constant usd, per unit of GDP 0.7096 units per US$ of GDP (2025)
- Gdp worldbank constant usd, per capita 6,877 units per person (2025)
- Manufacturing value added to gdp, per unit of GDP 0 units per US$ of GDP (2025)
Frequently asked questions
- What is gross fixed capital formation — value standard local currency in Georgia?
- Gross fixed capital formation — value standard local currency in Georgia was 20,108 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 recorded in Georgia?
- The highest recorded value was 20,108 million SLC in 2024.
- What is the lowest gross fixed capital formation — value standard local currency recorded in Georgia?
- The lowest recorded value was 0.0037 million SLC in 1991.
- How does Georgia rank for gross fixed capital formation — value standard local currency?
- Georgia ranks 138th out of 199 countries with data for 2024.
- Is gross fixed capital formation — value standard local currency rising or falling in Georgia?
- Over the last ten years it is up 195.6%. The long-run trend across the full record is volatile.
- 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. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 34 observations, free to reuse under CC BY-NC-SA 3.0 IGO (FAO).
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).