Gross Fixed Capital Formation — Value US$ in Georgia
Georgia: Gross Fixed Capital Formation — Value US$ was 7,391 million USD in 2024. ◆ Volatile
Gross Fixed Capital Formation — Value US$ in Georgia, 1991–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million USD.
Analysis
The most recent figure for gross fixed capital formation — value us$ in Georgia is 7,391 million USD, measured in 2024. That is the highest value across all 34 years on record.
Compared with earlier readings it is up 12.8% on the previous year and up 91.9% over ten years.
Over the whole period, gross fixed capital formation — value us$ in Georgia peaked at 7,391 million USD in 2024 and was at its lowest, 22.9 million USD, in 1993.
Georgia ranks 120th of 235 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.
Gross Fixed Capital Formation — Value US$ in Georgia, year by year
| Year | million USD | Change |
|---|---|---|
| 1991 | 1,396 million USD | — |
| 1992 | 723.17 million USD | -48.2% |
| 1993 | 22.9 million USD | -96.8% |
| 1994 | 292.38 million USD | +1176.6% |
| 1995 | 538.23 million USD | +84.1% |
| 1996 | 585.7 million USD | +8.8% |
| 1997 | 667.31 million USD | +13.9% |
| 1998 | 950.91 million USD | +42.5% |
| 1999 | 755.7 million USD | -20.5% |
| 2000 | 801.38 million USD | +6.0% |
| 2001 | 902.96 million USD | +12.7% |
| 2002 | 856.24 million USD | -5.2% |
| 2003 | 1,096 million USD | +28.0% |
| 2004 | 1,449 million USD | +32.2% |
| 2005 | 1,853 million USD | +27.9% |
| 2006 | 2,038 million USD | +10.0% |
| 2007 | 2,694 million USD | +32.2% |
| 2008 | 2,831 million USD | +5.1% |
| 2009 | 1,699 million USD | -40.0% |
| 2010 | 2,316 million USD | +36.4% |
| 2011 | 3,069 million USD | +32.5% |
| 2012 | 3,647 million USD | +18.8% |
| 2013 | 3,230 million USD | -11.4% |
| 2014 | 3,852 million USD | +19.3% |
| 2015 | 3,642 million USD | -5.5% |
| 2016 | 4,016 million USD | +10.3% |
| 2017 | 4,141 million USD | +3.1% |
| 2018 | 4,439 million USD | +7.2% |
| 2019 | 4,228 million USD | -4.8% |
| 2020 | 3,560 million USD | -15.8% |
| 2021 | 3,913 million USD | +9.9% |
| 2022 | 4,934 million USD | +26.1% |
| 2023 | 6,555 million USD | +32.8% |
| 2024 | 7,391 million USD | +12.8% |
Georgia compared with similar countries
- Georgia's 7,391 million USD is below the median for upper middle income countries, which is 8,136 million USD, 91% of the median. (54 countries reporting)
- Georgia's 7,391 million USD is below the median for Europe & Central Asia, which is 26,071 million USD, 28% of the median. (52 countries reporting)
Biggest year-on-year movements
Years where Gross Fixed Capital Formation — Value US$ 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 | +1176.6% | 22.9 million USD | 292.38 million USD |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 659.15 million USD | 22.9 million USD | 1,396 million USD | 9 |
| 2000s | 1,622 million USD | 801.38 million USD | 2,831 million USD | 10 |
| 2010s | 3,658 million USD | 2,316 million USD | 4,439 million USD | 10 |
| 2020s | 5,271 million USD | 3,560 million USD | 7,391 million USD | 5 |
Countries ranked near Georgia
- 117 El Salvador 7,907 million USD compare
- 118 Tunisia 7,745 million USD compare
- 119 Cyprus 7,430 million USD compare
- 121 Mozambique 7,222 million USD compare
- 122 Melanesia 7,131 million USD compare
- 123 China, Macao SAR 6,904 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)
- 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$), annual growth rate 38.45 % change on previous year (2025)
Frequently asked questions
- What is gross fixed capital formation — value us$ in Georgia?
- Gross fixed capital formation — value us$ in Georgia was 7,391 million USD in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross fixed capital formation — value us$ recorded in Georgia?
- The highest recorded value was 7,391 million USD in 2024.
- What is the lowest gross fixed capital formation — value us$ recorded in Georgia?
- The lowest recorded value was 22.9 million USD in 1993.
- How does Georgia rank for gross fixed capital formation — value us$?
- Georgia ranks 120th out of 235 countries with data for 2024.
- Is gross fixed capital formation — value us$ rising or falling in Georgia?
- Over the last ten years it is up 91.9%. 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 US$. 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).