Gross Fixed Capital Formation — Value US$, 2015 prices, per square in Georgia
Georgia: Gross Fixed Capital Formation — Value US$, 2015 prices, per square was 0.0665 million USD per square kilometre in 2023. ▲ Rising
Gross Fixed Capital Formation — Value US$, 2015 prices, per square in Georgia, 1992–2023
Source: Statizoid (derived). Measured in million USD per square kilometre.
Analysis
Georgia recorded 0.0665 million USD per square kilometre for gross fixed capital formation — value us$, 2015 prices, per square in 2023. That is the highest value across all 32 years on record.
That represents a change of up 25.0% on the previous year and up 85.1% over ten years.
Over the whole period, gross fixed capital formation — value us$, 2015 prices, per square in Georgia peaked at 0.0665 million USD per square kilometre in 2023 and was at its lowest, 0.0006 million USD per square kilometre, in 1993.
Georgia ranks 112th of 194 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 32 years of available data.
Gross Fixed Capital Formation — Value US$, 2015 prices, per square in Georgia, year by year
| Year | million USD per square kilometre | Change |
|---|---|---|
| 1992 | 0.0196 million USD per square kilometre | — |
| 1993 | 0.0006 million USD per square kilometre | -96.9% |
| 1994 | 0.0076 million USD per square kilometre | +1149.9% |
| 1995 | 0.0137 million USD per square kilometre | +80.3% |
| 1996 | 0.0146 million USD per square kilometre | +6.9% |
| 1997 | 0.016 million USD per square kilometre | +9.9% |
| 1998 | 0.0229 million USD per square kilometre | +42.7% |
| 1999 | 0.0241 million USD per square kilometre | +5.5% |
| 2000 | 0.0239 million USD per square kilometre | -1.1% |
| 2001 | 0.0268 million USD per square kilometre | +12.2% |
| 2002 | 0.0254 million USD per square kilometre | -5.2% |
| 2003 | 0.0307 million USD per square kilometre | +20.9% |
| 2004 | 0.0335 million USD per square kilometre | +8.9% |
| 2005 | 0.0375 million USD per square kilometre | +12.0% |
| 2006 | 0.0373 million USD per square kilometre | -0.4% |
| 2007 | 0.0423 million USD per square kilometre | +13.3% |
| 2008 | 0.0362 million USD per square kilometre | -14.4% |
| 2009 | 0.0249 million USD per square kilometre | -31.3% |
| 2010 | 0.0333 million USD per square kilometre | +34.0% |
| 2011 | 0.0382 million USD per square kilometre | +14.6% |
| 2012 | 0.0403 million USD per square kilometre | +5.4% |
| 2013 | 0.0359 million USD per square kilometre | -10.8% |
| 2014 | 0.0455 million USD per square kilometre | +26.6% |
| 2015 | 0.0524 million USD per square kilometre | +15.2% |
| 2016 | 0.0559 million USD per square kilometre | +6.7% |
| 2017 | 0.0575 million USD per square kilometre | +2.9% |
| 2018 | 0.0586 million USD per square kilometre | +1.9% |
| 2019 | 0.0585 million USD per square kilometre | -0.3% |
| 2020 | 0.0508 million USD per square kilometre | -13.1% |
| 2021 | 0.0484 million USD per square kilometre | -4.8% |
| 2022 | 0.0532 million USD per square kilometre | +9.9% |
| 2023 | 0.0665 million USD per square kilometre | +25.0% |
Georgia compared with similar countries
- Georgia's 0.0665 million USD per square kilometre is below the median for upper middle income countries, which is 0.0962 million USD per square kilometre, 69% of the median. (54 countries reporting)
- Georgia's 0.0665 million USD per square kilometre is below the median for Europe & Central Asia, which is 0.2754 million USD per square kilometre, 24% of the median. (52 countries reporting)
Biggest year-on-year movements
Years where Gross Fixed Capital Formation — Value US$, 2015 prices, per square in Georgia changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1994 | +1149.9% | 0.0006 million USD per square kilometre | 0.0076 million USD per square kilometre |
| 1993 | -96.9% | 0.0196 million USD per square kilometre | 0.0006 million USD per square kilometre |
| 1995 | +80.3% | 0.0076 million USD per square kilometre | 0.0137 million USD per square kilometre |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.0149 million USD per square kilometre | 0.0006 million USD per square kilometre | 0.0241 million USD per square kilometre | 8 |
| 2000s | 0.0318 million USD per square kilometre | 0.0239 million USD per square kilometre | 0.0423 million USD per square kilometre | 10 |
| 2010s | 0.0476 million USD per square kilometre | 0.0333 million USD per square kilometre | 0.0586 million USD per square kilometre | 10 |
| 2020s | 0.0547 million USD per square kilometre | 0.0484 million USD per square kilometre | 0.0665 million USD per square kilometre | 4 |
Countries ranked near Georgia
- 109 Morocco 0.073 million USD per square kilometre compare
- 110 Gambia 0.0703 million USD per square kilometre compare
- 111 Nepal 0.069 million USD per square kilometre compare
- 113 Belarus 0.0659 million USD per square kilometre compare
- 114 Cote d'Ivoire 0.0635 million USD per square kilometre compare
- 115 Ghana 0.0627 million USD per square kilometre compare
More economy & growth data for Georgia
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 5.32 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 5 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), 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$), annual growth rate 38.45 % change on previous year (2025)
Frequently asked questions
- What is gross fixed capital formation — value us$, 2015 prices, per square in Georgia?
- Gross fixed capital formation — value us$, 2015 prices, per square in Georgia was 0.0665 million USD per square kilometre in 2023, according to Statizoid (derived).
- What is the highest gross fixed capital formation — value us$, 2015 prices, per square recorded in Georgia?
- The highest recorded value was 0.0665 million USD per square kilometre in 2023.
- What is the lowest gross fixed capital formation — value us$, 2015 prices, per square recorded in Georgia?
- The lowest recorded value was 0.0006 million USD per square kilometre in 1993.
- How does Georgia rank for gross fixed capital formation — value us$, 2015 prices, per square?
- Georgia ranks 112th out of 194 countries with data for 2023.
- Is gross fixed capital formation — value us$, 2015 prices, per square rising or falling in Georgia?
- Over the last ten years it is up 85.1%. The long-run trend across the full record is rising.
- Where does this Georgia data come from?
- The figures come from Statizoid (derived), published as part of Gross Fixed Capital Formation — Value US$, 2015 prices, 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 US$, 2015 prices divided by Land area (sq. km), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross Fixed Capital Formation — Value US$, 2015 prices ÷ Land area (sq. km)
Computed from
- Gross Fixed Capital Formation — Value US$, 2015 prices Food and Agriculture Organization of the United Nations
- Land area FAOSTAT, Food and Agriculture Organization of the United Nations (FAO)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Gross Fixed Capital Formation — Value US$, 2015 prices 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.