Gross value added at basic prices (GVA) (constant 2015 US$), annual in Georgia

Georgia: Gross value added at basic prices (GVA) (constant 2015 US$), annual was 7.54 % change on previous year in 2025. ◆ Volatile

Latest (2025)
7.54 % change on previous year
Change on year
down 26.8%
World rank
20th
of 193 countries
All-time high
14.68 % change on previous year
in 2010
All-time low
-4.9 % change on previous year
in 2020
Years of data
22
2004–2025

Gross value added at basic prices (GVA) (constant 2015 US$), annual in Georgia, 2004–2025

-50510152004201420252004: 5.6 % change on previous year2005: 10.3 % change on previous year2006: 9.6 % change on previous year2007: 11.8 % change on previous year2008: 2.7 % change on previous year2009: -4.1 % change on previous year2010: 14.7 % change on previous year2011: 8.3 % change on previous year2012: 6.1 % change on previous year2013: 4.2 % change on previous year2014: 4 % change on previous year2015: 3.4 % change on previous year2016: 3.9 % change on previous year2017: 5.6 % change on previous year2018: 6.4 % change on previous year2019: 6.1 % change on previous year2020: -4.9 % change on previous year2021: 12.2 % change on previous year2022: 9.8 % change on previous year2023: 8.4 % change on previous year2024: 10.3 % change on previous year2025: 7.5 % change on previous year

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

The most recent figure for gross value added at basic prices (gva) (constant 2015 us$), annual in Georgia is 7.54 % change on previous year, measured in 2025.

Compared with earlier readings it is down 26.8% on the previous year and up 119.8% over ten years.

Over the whole period, gross value added at basic prices (gva) (constant 2015 us$), annual in Georgia peaked at 14.68 % change on previous year in 2010 and was at its lowest, -4.9 % change on previous year, in 2020.

Georgia ranks 20th of 193 countries on this measure, in the top 10%.

The series is highly variable year to year, so single readings are best treated with caution.

Gross value added at basic prices (GVA) (constant 2015 US$), annual in Georgia, year by year

Annual values for Gross value added at basic prices (GVA) (constant 2015 US$), annual growth rate in Georgia, 2004 to 2025.
Year % change on previous year Change
2004 5.57 % change on previous year
2005 10.34 % change on previous year +85.8%
2006 9.64 % change on previous year -6.8%
2007 11.78 % change on previous year +22.2%
2008 2.74 % change on previous year -76.7%
2009 -4.09 % change on previous year -249.1%
2010 14.68 % change on previous year -458.9%
2011 8.34 % change on previous year -43.2%
2012 6.08 % change on previous year -27.0%
2013 4.24 % change on previous year -30.3%
2014 3.96 % change on previous year -6.5%
2015 3.43 % change on previous year -13.5%
2016 3.86 % change on previous year +12.5%
2017 5.59 % change on previous year +44.8%
2018 6.36 % change on previous year +13.8%
2019 6.06 % change on previous year -4.8%
2020 -4.9 % change on previous year -181.0%
2021 12.18 % change on previous year -348.3%
2022 9.75 % change on previous year -19.9%
2023 8.36 % change on previous year -14.3%
2024 10.3 % change on previous year +23.2%
2025 7.54 % change on previous year -26.8%

Averages by decade

DecadeAverage LowestHighest Years
2000s 6 % change on previous year -4.09 % change on previous year 11.78 % change on previous year 6
2010s 6.26 % change on previous year 3.43 % change on previous year 14.68 % change on previous year 10
2020s 7.2 % change on previous year -4.9 % change on previous year 12.18 % change on previous year 6

Countries ranked near Georgia

  1. 17 Uzbekistan 7.71 % change on previous year compare
  2. 18 India 7.69 % change on previous year compare
  3. 19 Bhutan 7.56 % change on previous year compare
  4. 21 Niger 7.47 % change on previous year compare
  5. 22 Guinea 7.44 % change on previous year compare
  6. 23 Senegal 7.19 % change on previous year compare

See the full ranking of 227 places →

More economy & growth data for Georgia

All data for Georgia →

Frequently asked questions

What is gross value added at basic prices (gva) (constant 2015 us$), annual in Georgia?
Gross value added at basic prices (gva) (constant 2015 us$), annual in Georgia was 7.54 % change on previous year in 2025, according to Statizoid (derived).
What is the highest gross value added at basic prices (gva) (constant 2015 us$), annual recorded in Georgia?
The highest recorded value was 14.68 % change on previous year in 2010.
What is the lowest gross value added at basic prices (gva) (constant 2015 us$), annual recorded in Georgia?
The lowest recorded value was -4.9 % change on previous year in 2020.
How does Georgia rank for gross value added at basic prices (gva) (constant 2015 us$), annual?
Georgia ranks 20th out of 193 countries with data for 2025.
Is gross value added at basic prices (gva) (constant 2015 us$), annual rising or falling in Georgia?
Over the last ten years it is up 119.8%. 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 value added at basic prices (GVA) (constant 2015 US$), annual growth rate. Statizoid updates them automatically from the source API.

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Gross value added at basic prices (GVA) (constant 2015 US$), annual in Georgia. Statizoid, drawing on Statizoid (derived). Retrieved 28 August 2026, from https://economy.statizoid.com/stat/gross-value-added-at-basic-prices-gva-constant-2015-us-annual-growth-rate/georgia/

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<a href="https://economy.statizoid.com/stat/gross-value-added-at-basic-prices-gva-constant-2015-us-annual-growth-rate/georgia/">Gross value added at basic prices (GVA) (constant 2015 US$), annual in Georgia</a> — Statizoid

How this figure is calculated

The year-on-year percentage change in Gross value added at basic prices (GVA) (constant 2015 US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

Computed from

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

Indicator
Gross value added at basic prices (GVA) (constant 2015 US$), annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
227 places, 9,544 data points, 1961–2025
Last refreshed

The year-on-year percentage change in Gross value added at basic prices (GVA) (constant 2015 US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.