Gross Fixed Capital Formation — Value US$, 2015 prices (US 2015) in Georgia
Georgia: Gross Fixed Capital Formation — Value US$, 2015 prices (US 2015) was 5,315 million USD in 2024. ▲ Rising
Gross Fixed Capital Formation — Value US$, 2015 prices in Georgia, 1991–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million USD.
Analysis
In 2024, gross fixed capital formation — value us$, 2015 prices in Georgia stood at 5,315 million USD. 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 us$, 2015 prices in Georgia peaked at 5,315 million USD in 2024 and was at its lowest, 42.11 million USD, in 1993.
Georgia ranks 131st of 235 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 34 years of available data.
Gross Fixed Capital Formation — Value US$, 2015 prices (US 2015) in Georgia, year by year
| Year | million USD | Change |
|---|---|---|
| 1991 | 2,687 million USD | — |
| 1992 | 1,361 million USD | -49.4% |
| 1993 | 42.11 million USD | -96.9% |
| 1994 | 526.31 million USD | +1149.9% |
| 1995 | 948.96 million USD | +80.3% |
| 1996 | 1,014 million USD | +6.9% |
| 1997 | 1,114 million USD | +9.9% |
| 1998 | 1,591 million USD | +42.7% |
| 1999 | 1,678 million USD | +5.5% |
| 2000 | 1,659 million USD | -1.1% |
| 2001 | 1,861 million USD | +12.2% |
| 2002 | 1,765 million USD | -5.2% |
| 2003 | 2,135 million USD | +20.9% |
| 2004 | 2,325 million USD | +8.9% |
| 2005 | 2,605 million USD | +12.0% |
| 2006 | 2,595 million USD | -0.4% |
| 2007 | 2,940 million USD | +13.3% |
| 2008 | 2,516 million USD | -14.4% |
| 2009 | 1,728 million USD | -31.3% |
| 2010 | 2,317 million USD | +34.0% |
| 2011 | 2,655 million USD | +14.6% |
| 2012 | 2,799 million USD | +5.4% |
| 2013 | 2,496 million USD | -10.8% |
| 2014 | 3,161 million USD | +26.6% |
| 2015 | 3,642 million USD | +15.2% |
| 2016 | 3,885 million USD | +6.7% |
| 2017 | 3,999 million USD | +2.9% |
| 2018 | 4,074 million USD | +1.9% |
| 2019 | 4,062 million USD | -0.3% |
| 2020 | 3,531 million USD | -13.1% |
| 2021 | 3,363 million USD | -4.8% |
| 2022 | 3,696 million USD | +9.9% |
| 2023 | 4,621 million USD | +25.0% |
| 2024 | 5,315 million USD | +15.0% |
Georgia compared with similar countries
- Georgia's 5,315 million USD is below the median for upper middle income countries, which is 7,886 million USD, 67% of the median. (54 countries reporting)
- Georgia's 5,315 million USD is below the median for Europe & Central Asia, which is 18,064 million USD, 29% of the median. (52 countries reporting)
Biggest year-on-year movements
Years where Gross Fixed Capital Formation — Value US$, 2015 prices (US 2015) in Georgia changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1994 | +1149.9% | 42.11 million USD | 526.31 million USD |
| 1993 | -96.9% | 1,361 million USD | 42.11 million USD |
| 1995 | +80.3% | 526.31 million USD | 948.96 million USD |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 1,218 million USD | 42.11 million USD | 2,687 million USD | 9 |
| 2000s | 2,213 million USD | 1,659 million USD | 2,940 million USD | 10 |
| 2010s | 3,309 million USD | 2,317 million USD | 4,074 million USD | 10 |
| 2020s | 4,105 million USD | 3,363 million USD | 5,315 million USD | 5 |
Countries ranked near Georgia
- 128 Tajikistan 5,630 million USD compare
- 129 Libya 5,532 million USD compare
- 130 Sudan 5,454 million USD compare
- 132 Bosnia and Herzegovina 5,308 million USD compare
- 133 Venezuela (Bolivarian Republic of) 5,131 million USD compare
- 134 Lebanon 4,888 million USD compare
More economy & growth data for Georgia
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 5.32 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 5 Percent per annum (2029)
- SDRs holdings, US dollar, annual growth rate 5.21 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0124 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 120.64 units per person (2025)
- SDRs holdings, SDR, annual growth rate 0.1872 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0091 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 88.09 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate -7.66 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0194 units per US$ of GDP (2025)
Frequently asked questions
- What is gross fixed capital formation — value us$, 2015 prices in Georgia?
- Gross fixed capital formation — value us$, 2015 prices in Georgia was 5,315 million USD in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross fixed capital formation — value us$, 2015 prices recorded in Georgia?
- The highest recorded value was 5,315 million USD in 2024.
- What is the lowest gross fixed capital formation — value us$, 2015 prices recorded in Georgia?
- The lowest recorded value was 42.11 million USD in 1993.
- How does Georgia rank for gross fixed capital formation — value us$, 2015 prices?
- Georgia ranks 131st out of 235 countries with data for 2024.
- Is gross fixed capital formation — value us$, 2015 prices 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 US$, 2015 prices. 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).